Snowfall Protocol (SNW) and Trust Wallet Token (TWT) Gain Market Confidence, While Chainlink (LINK) Loses It

More than anything, crypto markets are driven by sentiments. If investors feel that crypto offers potential, they invest in it, and vice versa. Losing crypto investors often try to rationalize that the entire market is facing bearish winds, and that’s why the markets are failing. But that’s not always true. Cryptos like Snowfall Protocol (SNW) and Trust Wallet Token (TWT) are delivering 2x, and 3x returns in a matter of days, even in this crypto winter, while laggards like Chainlink (LINK) continue to sulk at the bottom.

Here’s what investors feel about these three tokens – Chainlink (LINK), Snowfall Protocol (SNW), and Trust Wallet Token (TWT).

Chainlink (LINK)

Chainlink (LINK) is a decentralized oracle network that connects various blockchains with external sources of information, such as payment gateways and APIs. The primary application of Chainlink is the execution of smart contracts based on real-world information. The Chainlink network is driven by a large open-source community that includes data providers, researchers, node operators, and other players. As one of the first blockchains to integrate real-world data into blockchains, Chainlink generated a lot of interest from all quarters of the crypto world. Even Google’s ex-CEO Eric Schmidt is directly involved in the project as an advisor.

Despite all the characteristics of a successful crypto, Chainlink is not producing any gains. In fact, it’s been trading in ranges with strong signs of a potential decline. Investors should not buy Chainlink until it crosses the $10 mark.

Snowfall Protocol (SNW)

Snowfall Protocol (SNW) is one of the few islands of light in an ocean of crypto darkness. While most cryptos are looking downward, Snowfall Protocol (SNW) is aiming for the moon. Snowfall Protocol (SNW) is an interoperability bridge that’s connecting multiple cryptos with each other. As a result, users would be able to move their funds and assets like NFTs from one crypto to another with ease. The entire world of crypto would be one seamlessly integrated metaverse where users can jump from one blockchain to another.

This project to interconnect the entire world of crypto has massive applications. It’s like the internet of our era. Naturally, everyone from retail investors to whale investors is buying Snowfall Protocol (SNW) rapidly, an exercise that has already raised $3 million for the token. Interestingly, Snowfall Protocol (SNW) is in stage 3 of its sale and currently going at $0.095, which is 250% higher than its stage 2 price. Analysts predict Snowfall Protocol (SNW) will grow by 5,000% in the coming months.

Trust Wallet Token (TWT)

Just like Snowfall Protocol (SNW), Trust Wallet Token (TWT) is one the true outliers of the current crypto markets. Even as most cryptos have lost over 90% value over the past year, Trust Wallet Token has gained up to 500%. The recent FTX crash and the resulting loss of confidence in centralized exchanges pushed users to move their funds to decentralized exchanges and wallets like Trust Wallet. What’s working great for Trust Wallet is its native token, Trust Wallet Token. Users of the wallet are rewarded with Trust Wallet Token in several ways. They use the tokens to get discounts on crypto purchases, transactions, and a variety of other dex services.

The FTX crash has been a watershed moment for dexes like Trust Wallet Token. We think Trust Wallet Token will be able to maintain its momentum and premium for the foreseeable future, although it may not deliver the 10x, or 50x returns that investors want from cryptos.

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

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.

Latest posts by Guest Author (see all)

Source: https://www.thecoinrepublic.com/2022/12/16/snowfall-protocol-snw-and-trust-wallet-token-twt-gain-market-confidence-while-chainlink-link-loses-it/