No Recovery In Sight For Algorand (ALGO) and Stellar Lumens (XLM) As Snowfall Protocol (SNW) Begins Phase 3 Of Presale After Raising $3 Million During Phase 2!

Algorand (ALGO) and Stellar Lumens (XLM) investors are experiencing harsh conditions  following the unstable nature of the crypto market in the last weeks.

Unfortunately, there’s no end to the continuous downward trends depicted by both charts. However, despite the ongoing chaos in the industry, the Snowfall protocol (SNW) ecosystem is waxing stronger everyday as investors continue to fill their wallets with revolutionary tokens.

Algorand Price Set To Go Lower In Coming Weeks

Algorand (ALGO) was one of the few coins that continued to trade at a low volume even throughout the year-end bull run of 2021, failing to reach a new all-time high. The price of Algorand (ALGO) has decreased by more than 92% since reaching an all-time high of $3.24 in June 2019.

In November, Algorand (ALGO) made a swift pullback thanks to its hype on Twitter and its much-awaited Decipher event. However, these marketing antics only increased prices for a few weeks, and since November 2022, the prices have resumed dipping. Additionally, over the past 30 days, the number of Algorand (ALGO) investors decreased by more than 5% while the whale addresses remained unchanged. Investors would need to buy the dip at these levels for the Algorand (ALGO) price to regain momentum from its current position at $0.2444.

Stellar Lumen (XLM) On Its Way Out Of Big Exchanges Due To Low Trade Volume

The leading US cryptocurrency exchange Coinbase has announced that it will stop supporting  Stellar (XLM) and four other cryptocurrencies by the end of the year due to their low trade volumes. This is unsurprising as the price of Stellar Lumens (XLM) has been steadily declining over the past few months. Last month, Stellar Lumen (XLM) fell to $0.08, its lowest point in more than two years. With this dip, the coin’s value has fallen by more than 66% this year and more than 88% from it’s all-time high.

Snowfall Protocol (SNW) Remains The Newest Popular Crypto Token With High Potential

Snowfall Protocol (SNW) is a ground-breaking affordable crypto project that creates a connectivity network enabling millions of individuals to communicate with any blockchain.

Snowfall Protocol (SNW) currently trades at $0.075, and with it, users will be able to swiftly and securely swap assets across the most widely used chains with the help of this ecosystem of tools, platforms, and services. There’s no need to be concerned about the difficulties of cross-chain transfers thanks to Snowfall Protocol (SNW) because it handles everything and supports both fungible and non-fungible tokens.

Staking and strong tokenomics are two features that Snowfall Protocol (SNW) offers that benefits users. By combining these features and addressing the most pressing issue in blockchain, the project has sold over 100 million tokens and raised above $3 million in the just concluded second phase of its presale.

Snowfall Protocol (SNW) is now in the third phase of its presale and is expected to sell out fast, thanks to the positive responses that trailed the released preview of the project’s D’App. This project is on its way up, click the links below to learn more.

Click the links below to learn more now!

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/2022/12/07/no-recovery-in-sight-for-algorand-algo-and-stellar-lumens-xlm-as-snowfall-protocol-snw-begins-phase-3-of-presale-after-raising-3-million-during-phase-2/