PAX Gold (PAXG) and Nexo (NEXO) have been on a steady decline for the past few months. This has experts suggesting that investors switch to Snowfall Protocol (SNW) as it is a more lucrative investment.
PAX Gold (PAXG) is backed by physical gold, which gives them a certain level of stability and Nexo (NEXO) has some interesting features. However, the price of these assets keeps dropping, while Snowfall Protocol (SNW) continues to rise in value. Here’s why you should consider investing in Snowfall Protocol (SNW) today!
Why Snowfall Protocol (SNW) Is A Better Investment
As the blockchain industry develops, co-operability between blockchains is needed more and more. That’s where Snowfall Protocol (SNW) comes in – it’s the first cross-chain transfer ecosystem built for fungible and non-fungible tokens. With their dApp, users can swap assets across the most widely used EVM and non-EVM compatible chains.
Simply put, Snowfall Protocol (SNW) is making it possible for millions of people to communicate with every blockchain. They are building the highways needed for the widespread adoption of cryptocurrencies. It’s like how our current internet infrastructure was designed to accommodate the millions of websites that exist today.
The team behind Snowfall Protocol (SNW) is experienced and they have a strong vision for the future. They are constantly adding new features and expanding their ecosystem. This makes Snowfall Protocol (SNW) a very promising investment. Make sure to check out the links below to learn more:
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
Twitter: https://twitter.com/snowfallcoin
Why PAX Gold (PAXG) Will Continue To Decline In Value!
As a digital asset pegged to physical gold, PAX Gold (PAXG) hopes to gain market share from traditional “Gold Bugs”. The problem is that PAX Gold (PAXG) is a digital asset and traditional investors that prefer physical gold won’t invest in PAX Gold (PAXG). If they did want a digital form of gold, they would just invest in Bitcoin (BTC) and not PAX Gold (PAXG)
As you can see, PAX Gold (PAXG) just doesn’t have the same appeal as traditional gold or even Bitcoin (BTC). This is why PAX Gold (PAXG) will continue to decline in value.
Why Nexo (NEXO) Will Continue To Decline In Value
Nexo (NEXO) is not very innovative. There are already other companies that offer similar services. Nexo (NEXO) is also very centralized, which goes against the ethos of cryptocurrencies. Fears of government regulation and bans are also hanging over Nexo (NEXO).
All of these factors will continue to cause the price of Nexo (NEXO) to decline. So, if you’re looking for a better investment, make sure to check out Snowfall Protocol (SNW).
Final Thoughts
Don’t make the mistake of investing in PAX Gold (PAXG) or Nexo (NEXO). You’re better off investing in Snowfall Protocol (SNW). The initial presale stage resulted in a 140% growth due to its unique co-operability model.
Some experts believe that Snowfall Protocol (SNW) could grow by 5000% once it is launched. Get in on the presale now:
Top market analysts predict that Snowfall Protocol (SNW) can be the next 1000x token. Make sure to follow along with their social media profiles below to stay up to date with their latest news!
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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Source: https://www.thecoinrepublic.com/2022/11/07/pax-gold-and-nexo-are-declining-in-value-for-various-reasons-experts-suggest-snowfall-protocol-instead/