As the Solana (SOL) and Axie Infinity (AXS) projects continue to move forward, investors are starting to panic sell their tokens. Both of these projects have a lot of risk associated with them, and investors are no longer willing to take the chance.
Unlike Solana (SOL) and Axie Infinity (AXS), Snowfall Protocol (SNW) provides users with a cross-chain transfer ecosystem. This allows them to swap assets across the most widely used EVM and non-EVM compatible chains.
Snowfall Protocol (SNW) is building the infrastructure for the multi-chain future. This is like how a drawbridge enabled a kingdom to trade and swap goods across borders and regions in the past.
Snowfall Protocol (SNW) is a safe and secure way for investors to diversify their portfolios without taking on too much risk. This is why it has seen a recent surge in value and Solana (SOL) and Axie Infinity (AXS) investors are continuing to panic sell.
Risks of Solana (SOL) and Axie Infinity (AXS)
The problem with Solana (SOL) and Axie Infinity (AXS) are that they are both not interoperable. Solana (SOL) assets are stuck on this blockchain. Axie Infinity (AXS) is siloed on Ethereum. This is risky because if either one of these platforms fails, investors could be stuck with no liquidity.
In addition, Solana (SOL) and Axie Infinity (AXS) have lost steam as the bear market rages on. They aren’t solving enough problems at scale to be worth investing in right now. Snowfall Protocol (SNW) on the other hand is solving a problem that could enable growth to continue even if the bear market continues.
Stage 3 Is About To Sell Out! (Now Is Your Chance At 1000x Gains)
Snowfall Protocol (SNW) has a bright future and investors should take advantage of this opportunity before it passes. The dAPP prototype has been announced, and the stage 3 token sale is about to sell out.
Secure your spot in the Snowfall Protocol (SNW) stage 3 token sale now before it’s too late.
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Source: https://coinpedia.org/press-release/axie-infinity-solana-investors-are-panic-selling-while-snowfall-protocol-has-recently-gone-up/