This article will look into how Snowfall Protocol (SNW) has grown by 3700% during its presale phase, surpassing all the long-standing cryptos like Tezos (XTZ) and Algorand (ALGO). Snowfall Protocol (SNW) has posted remarkable growth during its presale round, emerging as a new crypto market king.
Tezos’ (XTZ) Mumbai Upgrade Gets Positive Response
Tezos (XTZ) has launched the 13th upgrade for its network. Tezos (XTZ) has named the latest upgrade as “Mumbai Upgrade.” With “Mumbai Upgrade,” Tezos (XTZ) aims to bring several new features to enhance the capabilities of the network. Notable features provided by Tezos (XTZ) include transfer tickets between accounts, and a shorter block time of 15 seconds. In light of these upgrades, the development activity of Tezos (XTZ) has also increased over the past few weeks. However, the price of Tezos (XTZ) has recently seen a fall. The value of Tezos (XTZ) has declined by 2% in the last week. On the daily price chart, Tezos (XTZ) has tumbled by 1%. Currently, Tezos (XTZ) is being traded at $1.09, which is 91.03% below its all-time high of $12.19.
Algorand (ALGO) Appoints New Chief Marketing Officer
With the aim of increasing the global adoption of its network, the Algorand (ALGO) foundation recently appointed Jessica Tsai Chin as its Chief Marketing Officer. In the same effort to reach out to a global user base, the Algorand (ALGO) foundation will also hold a virtual listening tour. The tour aims to engage the Algorand (ALGO) community, and help grow it further. On the price front, Algorand (ALGO) has posted considerable gains in the past few weeks. The price of Algorand (ALGO) has risen by around 2% in the last 24 hours. Meanwhile, on the weekly chart, the price of Algorand (ALGO) has increased by about 7%. Besides, the value of Algorand (ALGO) has inclined by 54%. Currently, Algorand (ALGO) is being traded at $0.25.
Snowfall Protocol (SNW) Bags $5 Million In Presale
Snowfall Protocol (SNW) is a blockchain-powered platform related to cross-chain communication. It improves and decentralizes the functioning of the DeFi sector. Snowfall Protocol (SNW) boasts a first-of-its-kind inter-operation model, making the project a profitable investment option. Snowfall Protocol (SNW) has the primary objective of eliminating technical hurdles present between several blockchain networks. The platform facilitates the cross-chain transfers of non-fungible tokens (NFTs), and fungible coins.
A canonical token bridge is used for the chain swaps of fungible tokens. As for non-fungible tokens, the project utilizes a wrapping and swap protocol. Snowfall Protocol (SNW) also pledges that the cross-chain transactions taking place on the platform will remain accurate and devoid of any errors. It also eases the swapping of digital assets between the widely used EVM and non-EVM networks. With Snowfall Protocol (SNW), users get to exchange tokens over different blockchain networks without any hassle.
Moreover, Snowfall Protocol (SNW) can be used for all market segments like Defi, stablecoins, infrastructure cryptocurrencies, and NFTs sectors. This diverse and vast usability of Snowfall Protocol (SNW) empowers the project to attract many users. Considering its unique business roadmap and market viability, it is no surprise that market experts are hailing Snowfall Protocol (SNW), and rightly so.
During the presale round, the market standing of Snowfall Protocol (SNW) has grown significantly. Snowfall Protocol’s (SNW) market value has increased by 3700% in just a few weeks of its presale. Snowfall Protocol (SNW) has raised a whopping $5 million in its presale round, which will end on February 3. Snowfall Protocol (SNW) will launch on February 3, 2023, at $0.22. Meanwhile, Snowfall Protocol (SNW) is currently available to purchase at $0.20.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
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