2022 is nearly over, and it has left the crypto industry down bad. Many smaller and weaker cryptocurrencies will not recover from this year’s downturn. The ongoing crisis will separate market players with long-term viability from short-term pump schemes. Snowfall Protocol (SNW), NEAR Protocol (NEAR), and Polkadot (DOT) are among the favorites to survive this cleansing crunch and thrive in the long term.
NEAR Protocol Aspires to Be the Fastest Blockchain
Polkadot Is Expected to Rebound After Dropping 84% In 2022
Polkadot connects and secures a growing ecosystem of diverse blockchains, enabling them to communicate trustlessly while pooling their security.
Amid 2022’s market crash, Bitcoin and Ethereum have lost 64% and 65% of their value, respectively. Polkadot on the other hand has taken a significant hit, losing 84% of its value. While many cryptos will not survive this crash, market analysts believe that Polkadot’s fall may have just set DOT investors up for a massive rebound when the global economy stabilizes. While now is not the time to buy Polkadot, it is worth keeping an eye on.
Snowfall Protocol Promises Early Investors Up To 5000% Returns
Snowfall Protocol (SNW) is the first cross-chain ecosystem that allows the transfer of both fungible and non-fungible assets. The Snowfall token (SNW) is used for staking, which is how the Snowfall Protocol (SNW) verifies transactions and generates new SNW. It also serves as a governance token within Snowfall Protocol (SNW), allowing holders to have a say in the protocol’s future. The Snowfall token (SNW) will be listed on exchanges for users to buy and sell as part of their investment strategy upon launch on January 3, 2023.
Snowfall Protocol is still in its early stages but has already made a name for itself. Despite the negative market sentiment, Snowfall raised $3 million in the first two rounds. The snowfall token’s value increased by more than 500% in the third round, reaching $0.14. With this continued success, Snowfall Protocol will launch at $0.2.
The Snowfall dApp, a secure and user-friendly environment that’ll facilitate asset swapping, will accompany the network’s launch. The team has shared a working prototype of the dApp with the Snowfall telegram community:
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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Source: https://www.thecoinrepublic.com/2022/12/26/crypto-news-whats-next-for-snowfall-protocol-token-price-snw-near-protocol-near-and-polkadot-dot/