Snowfall Protocol (SNW) has infused positive sentiments into the market with its presale phase growth. Notably, Snowfall Protocol (SNW) has grown by 3700% in its presale phase, which is set to end on February 3. Meanwhile, projects like Cardano (ADA) and Dogecoin (DOGE) have also registered some gains with the help of external factors. Let’s dwell deeper into these cryptocurrencies and see which one is a better investment option.
Elon Musk’s Tesla has come in full support of Dogecoin (DOGE). Recently, Tesla openly stated that it would not accept any digital assets other than Dogecoin (DOGE). It asked its probable buyers to make their purchases in only Dogecoin (DOGE). Tesla has stopped accepting Bitcoin or other cryptocurrencies since May 2021. Elon Musk has continuously lent his support to Dogecoin (DOGE). Earlier, he had announced that Tesla and SpaceX merch could be purchased with Dogecoin (DOGE). Such open support from Tesla has pushed the growth rate of Dogecoin (DOGE) in an upward direction. The price of Dogecoin (DOGE) has increased by 26.74% in the last month. On the daily price chart, Dogecoin (DOGE) has risen by 2%. Currently, Dogecoin (DOGE) is being traded at $0.0901, which is 88% below its all-time high of $0.74.
Cardano (ADA) recently unveiled its first automotive project called eTukTuk. Cardano (ADA) revealed that it aims to introduce a more reliable and sustainable electric auto rickshaw. Besides, Cardano (ADA) stated that it wants to create a charging network in Sri Lanka. Since the project will be hosted on the Cardano (ADA) network, users need to have its native token to use the services. All these announcements have made a positive impact on Cardano (ADA). As a result, the price of Cardano (ADA) has seen a significant rise in the past few weeks. The price of Cardano (ADA) has increased by 58% in the last 30 days, and 3% on the weekly chart. Besides, Cardano (ADA) has risen by 2% on the daily chart. The current trading price of Cardano (ADA) is $0.39.
In just a few weeks of its presale launch, Snowfall Protocol (SNW) has become the best investment option on the market. Given its unique business idea, Snowfall Protocol (SNW) has garnered firm support from crypto enthusiasts. Snowfall Protocol (SNW) removes technical barriers present between different blockchain networks, to facilitate cross-chain communication. Snowfall Protocol (SNW) is the world’s first platform related to the cross-chain transfers of fungible tokens and non-fungible tokens (NFTs).
Snowfall Protocol (SNW) utilizes a wrapping and swap protocol for the chain swaps of non-fungible tokens (NFTs), and a canonical token bridge for fungible tokens. The platform guarantees that the cross-chain transactions always stay accurate. The platform also allows users to swap their digital assets between the popular EVM and non-EVM networks. Snowfall Protocol (SNW) allows users to exchange tokens over any blockchain technology.
Snowfall Protocol (SNW) has usability in Defi, stablecoins, infrastructure cryptocurrencies, and NFTs sectors.
Since the platform has so many use cases, the presale ofSnowfall Protocol (SNW) has become a huge success. Snowfall Protocol (SNW) has grown by 3700% during the presale phase. The current trading price of Snowfall Protocol (SNW) is $0.20. However, Snowfall Protocol (SNW) will be launched on exchange at a price of $0.22 on February 3.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.