This article talks about the shocking decline of popular coins like Terra Classic (LUNC) and Shiba Inu (SHIB), while a new token, Snowfall Protocol (SNW), gets financial support from investors and traders. Snowfall Protocol (SNW) has made a name for itself owing to its distinctive qualities and advantages over other protocols. Read ahead to know all about it.
Terra Classic (LUNC) unlikely to restore its previous values
Terra Classic (LUNC) is a blockchain that utilizes fiat-pegged stablecoins to stabilize global payment operations. Quickly gaining popularity after its launch, Terra Classic (LUNC) is now in the news for all the wrong reasons, as it suffered from one of the biggest crashes this year in crypto history. Terra Classic (LUNC), which reached its all-time high of $119 this year, in April, is now only $0.0001. This enormous crash of 99.9% in Terra Classic (LUNC) is linked to its stablecoin UST, which depegged in May and collapsed. This collapse has directly affected Terra Classic (LUNC), and investors are very apprehensive about the future. The founder of Terra Classic (LUNC), Do Kwon, is currently suspected to be on the run, which has negatively affected the token as its price reaches record lows. The 2023 predictions for Terra Classic (LUNC) say that it would reach a maximum price of $0.0009, which is not a good look for investors hoping to invest in Terra Classic (LUNC).
Shiba Inu (SHIB) falls 88.5% in value
Shiba Inu (SHIB) is a meme coin built on Ethereum that considers itself the ‘Dogecoin Killer.’ Starting as a parody of Dogecoin, Shiba Inu (SHIB) was also quick to gain popularity and even surpassed Dogecoin for a brief period in 2021. However, the current performance of Shiba Inu (SHIB) has been the cause of immense worry for its investors. The burn rate of Shiba Inu (SHIB) has dropped by 99%, as only 352 million Shiba Inu (SHIB), worth $3,000, were burned this December compared to the impressive 31 billion SHIB, worth $260,000, burnt in May. The price of Shiba Inu (SHIB) is $0.000008, a fall of 88.5% from its all-time high of $0.00007. The 2023 predictions for Shiba Inu (SHIB) make it all the more clear that it is hardly a worthy investment, as the best for the next year is forecasted to be just $0.000001. Thus, it is ideal to think twice before investing in Shiba Inu (SHIB).
Snowfall Protocol (SNW) offers inventive features
Snowfall Protocol (SNW) offers a sharp contrast to the situations of Terra Classic (LUNC) and Shiba Inu (SHIB). One of the key factors contributing to Snowfall Protocol’s (SNW) enormous success and popularity is its novel features. Snowfall Protocol’s (SNW) ground-breaking interoperability design spares clients from having to pay huge costs for asset transfers through third-party middlemen. When transferring digital assets from one blockchain to another, Snowfall Protocol (SNW) also gets rid of incompatibilities.
Users may participate in, and gain from any blockchain project of their choice with the aid of Snowfall Protocol (SNW). The price of Snowfall Protocol (SNW) has risen to $0.14, luring both traders and investors. Snowfall Protocol (SNW) presale is currently in its third and final round, and the project has been a rare bright spot in a mostly dark year for cryptocurrencies. Given that the price of Snowfall Protocol (SNW) is anticipated to increase by more than 5000% over the next few days and reach new heights, this is a terrific opportunity for investors.
Thus, Snowfall Protocol (SNW) is the best option if you want to get the most for your money!
get in while you can and invest in Snowfall Protocol (SNW) today!!!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin