Since many cryptocurrencies are fighting to attract investors, only a few of them have been able to do so. Snowfall Protocol (SNW) is one such project that has attracted tens of thousands of investors from across the globe with its presale growth. On the contrary, Chainlink (LINK) and Quant (QNT) are witnessing a massive decline in the number of their holders.
Chainlink’s (LINK) Updates Fail To Bring Price Appreciation
Chainlink (LINK) has launched its Chainlink Automation feature to increase its usability. The latest feature will allow Chainlink (LINK) to connect with other blockchain platforms. Recently, Chainlink (LINK) partnered with Arbitrium One. The feature also helps in network re-organizations, nonce-management, and gas spikes.
Although the Chainlink (LINK) community has expressed optimism about the new feature, investors are sceptical about the project. Chainlink’s (LINK) value has fallen by more than 6% in the last week. On the monthly chart, the price of Chainlink (LINK) has declined by 26.44%. Consequently, Chainlink (LINK) currently trades at $5.56. Chainlink (LINK) is a blockchain-powered platform aiming to develop universally connected smart contracts.
Quant (QNT) Faces Existential Crisis
The market performance of Quant (QNT) has been quite discouraging for both existing and probable investors. The price of Quant (QNT) has witnessed a decline of 14% in the last 30 days. As a result, the current trading price of Quant (QNT) has come down to $104.78.
Quant (QNT) is also called the “operating system that connects all blockchains.” Quant (QNT) was built in 2015 to add efficiency and effectiveness to the global exchange of information. The primary aim of Quant (QNT) is to set up and improve interoperability between blockchain networks. Quant (QNT) was developed to bridge the gap between blockchain networks without establishing any new infrastructure.
Snowfall Protocol (SNW) Investors Hit Jackpot
Snowfall Protocol (SNW) has shown such remarkable growth during its presale phase that it is now being considered a serious challenger to crypto kings like Bitcoin and Ethereum. Snowfall Protocol (SNW) is a blockchain platform that provides cross-chain communication to decentralize and improve the functioning of the DeFi sector. Snowfall Protocol (SNW)boasts a unique business roadmap with a first-of-its-kind inter-operation model, making the project a hot asset for investment. Snowfall Protocol (SNW) has the primary aim of eliminating technical barriers present between blockchain networks. Snowfall Protocol (SNW) facilitates the cross-chain transfers of fungible and non-fungible tokens (NFTs).
A canonical token bridge is used by Snowfall Protocol (SNW) for the chain swaps of fungible tokens. However, for the chain swaps of non-fungible tokens, Snowfall Protocol (SNW) utilizes a wrapping and swap protocol. Snowfall Protocol (SNW) also ensures its users that the cross-chain transactions taking place on the platform will be accurate and not suffer any discrepancies. Snowfall Protocol (SNW) allows users to exchange tokens over various blockchain networks without any hassle.
Moreover, Snowfall Protocol (SNW) can be used for all market segments like Defi, stablecoins, infrastructure cryptocurrencies, NFTs sectors, and many others. This vast usability of Snowfall Protocol (SNW) empowers the platform to attract a large user base. Considering its value proposition and market viability, it is no surprise that market pundits are hailing Snowfall Protocol (SNW). According to them, Snowfall Protocol (SNW) will grow by a minimum of 5000% in the next few quarters.
During the presale round, the value of Snowfall Protocol (SNW) has grown by more than 400% in just a few weeks. Snowfall Protocol (SNW) has raised a whopping $3 million in the presale till now. Meanwhile, Snowfall Protocol (SNW) is currently available to purchase at $0.14.
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