Crypto experts analyze the performances of crypto coins daily. Recent reports suggest a meager future for Tron (TRX) and Dash (DASH) in 2023. In contrast, Snowfall Protocol (SNW) has rapidly accrued many global enthusiasts. Experts predict it to be a lucrative investment option for next year.
Investors Are Not Happy With Tron (TRX)
After hitting its all-time high in 2018, Tron (TRX) showed no significant rise in its price. It failed to sustain a steady incline throughout the period between 2018 to 2022. Tron (TRX) investors have been experiencing frequent price drops for the last few months. It has led them to seek alternatives to Tron (TRX) and protect their portfolio from risk.
Tron (TRX) announced a partnership with another blockchain project, Huobi (HT) Heco blockchain. Since then, investors have seen a break in the market growth of Tron (TRX). The market has been moving slowly, leading to new lows in the price of Tron (TRX).
Recent Tron (TRX) price prediction suggests that it will further drop, by $0.001469 from the current price of $0.056, in the next 7 days. Moreover, a sudden collapse of FTX has raised concerns among Tron (TRX) investors. The reduction in the number of Tron (TRX) holders over the years is understandable.
Dash (DASH) Does Not Seem Promising For Next Year
In 2021, Dash (DASH) reached its peak value of $1493.59. But, it failed to make any further growth. Dash (DASH) is currently trending at $49.05, which is 63.77% below its all-time high and 1.17% down from the previous day’s price.
Investors witnessed critical price drops over the period leading them to lose trust in the Dash (DASH) project.
Dash (DASH) has shown extreme volatility over the years; its price has been reported to fluctuate by 10% within 24 hours. This has resulted in investors being concerned about Dash’s (DASH) future in the crypto market.
Wallet Investor predictions suggest no significant growth in the price of Dash (DASH) in 2023, and the market will experience a bearish pattern over the next few years. By 2025, the price is expected to reach $440, which is not satisfying for Dash (DASH) investors.
Snowfall Protocol (SNW) Price Goes Up
Snowfall Protocol (SNW) is a new crypto project that is leading the crypto growth charts. Snowfall Protocol (SNW) quickly gained popularity among investors due to its advanced dApp prototype and solutions to enable cross-chain swaps. Snowfall Protocol (SNW) is selling at more than 300% price surge, compared to its launch price.
Snowfall Protocol (SNW) had two successful presale campaigns. The 2nd presale phase was out-sold a day earlier. Its 3rd presale phase is live on its official website. To date, Snowfall Protocol (SNW) has sold more than 150 million tokens.
The official Snowfall Protocol (SNW) launch will take place in January 2023. Experts predict a bullish pattern for Snowfall Protocol (SNW) for most of the next year.
Technical indicators show a rise in the price of Snowfall Protocol (SNW) by 1000% towards the end of presale. Thus, investing in Snowfall Protocol (SNW) could have a noticeable advantage over Dash (DASH) and Tron (TRX).
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
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Source: https://coinpedia.org/press-release/experts-predict-low-gains-for-tron-and-dash-in-while-snowfall-protocol-is-expected-to-incline/