Everyone is probably aware that the market is narrative-driven. To speak of the bitcoin ecosystem, it may depend more on trends and the stories surrounding them. Regular customers have little to no influence over the values and rates of bitcoin coins.
This article will examine three coins that are now popular and supported in the market.
Dogecoin
For a long time, Dogecoin, which began as an internet hit, sparked a lot of curiosity. Because of the excitement, many people joined Dogecoin and uploaded tweets, videos, and blog pieces extolling the project’s virtues and how big a deal it would be. Many prominent people and celebrities were drawn to it as well. Elon Musk was one among the people that appeared to be involved in the Dogecoin arena. Dogecoin gained popularity once it got popular online. Rather than denouncing or demonizing bitcoin, this essay examines its benefits and drawbacks.
For a long time, the online craze known as Dogecoin drew a lot of power and attention. Because of the enthusiasm, many individuals visited Dogecoin, wrote blogs, tweeted, and made videos on how unique and essential the endeavour would be. Many notable personalities and celebrities have joined Dogecoin, and Elon Musk appears to be considering doing so. Dogecoin’s popularity skyrocketed when it became an online phenomenon.
Rather than criticizing or condemning cryptocurrencies, this article assesses their pros and downsides. Dogecoin is expected to be operational shortly as a result of Elon Musk’s acquisition of Twitter.
Toncoin
In 2018, Telegram released two papers for the Telegram Open Network: a “white paper” and a “light paper.” Work on the project, formerly named Gram, continued until 2020. To fund its expansion, TON performed private sales of Gram tokens. Gram smashed the previous record in April 2018, generating $1.7 billion in the world’s second-largest token sale. Following the token’s success, massive sales in the billions of dollars were made to businesses worldwide.
The TON ecosystem was created to meet the needs of millions of users doing regular transactions. In contrast to Bitcoin and Ethereum, which investors primarily utilize, TON was designed with the average user in mind. It is expected to offer a simple user interface that allows users to purchase, send, and store coins quickly.
Snowfall Protocol (SNW)
The most recent Snowfall phase 1 presale smashed all boundaries and silenced the sceptics. Snowfall was formerly advertised at the low price of $0.005; however, the presale price has since been raised to $0.03. A significant price rise has given the protocol considerable credibility and the promise that users would actively engage in and interact with the platform. Phase 2 is currently begun, and even more incredible results are expected.
The Bottom-Line
The article featured the winners and losers in the cryptocurrency market. The current market volatility considerably impacts the price, and snowfall looks to be at its pinnacle. Users may save a lot of money if they buy a share of the platform now while phase 2 of the presale is still active.
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
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Source: https://coinpedia.org/press-release/a-glance-over-the-charts-snowfall-snw-toncoin-dogecoin/