SPONSORED POST*
The cryptocurrency market continues to be in the limelight for many reasons. The highly volatile nature of the tokens made them a great choice for market players. However, it can be overwhelming to make the right investment. With DApps entering the market, crypto lovers are looking at EVM-compatible tokens for trading. Snowfall Protocol (SNW) is the latest addition to EVM-compatible platforms after Tron (TRX) and Polygon (MATIC). Let’s find out how Snowfall Protocol (SNW) is entering the crypto market with a bang.
Tron (TRX): A Compatible yet Risky Option
Tron (TRX) platform was founded in 2017 by Justin Sun. Tron raised $70 million through the ICO of its native token, TRX, and joined the top 30 cryptocurrencies in the market. Tron (TRX) uses its virtual machine (TVM) to run smart contracts on the blockchain. Tron (TRX) platform uses delegated-proof-of-stake (DPoS), making it secure for crypto transactions. Another advantage of Tron (TRX) is the ecosystem of DApps and DeFi products.
Furthermore, TRON Virtual Machine is compatible with EVM (Ethereum Virtual Machine) to port the DApps from one blockchain to another. However, Tron (TRX) has had several highs and lows. The price seemed to be picking up pace only to fall yet again on 12th December 2022. Tron (TRX) is priced at $0.05272, at the time of writing, and has fallen by 3.361% in the past 24 hours. Though the long-term predictions look encouraging, you cannot ignore the risk involved in purchasing Tron (TRX) for the features offered by the platform. There are better options available.
Polygon (MATIC): Bullish and Advanced but Low Returns
Polygon was previously called Matic Network. Polygon (MATIC) was founded in 2017 by Jaynti Kanani, Anurag Arjun, and Sandeep Nailwal. Polygon (MATIC) platform was created to solve the issues on Ethereum. Polygon (MATIC) converted Ethereum into a multi-chain system by adding Layer 2 as an add-on to speed up transactions and reduce fees. Polygon (MATIC) is an ERC-20 token with a collection of $5.6 million during the ICO offering. Polygon (MATIC) has had various updates to improve Ethereum’s ecosystem.
Polygon’s (MATIC) zkEVM software helps increase network capacity without compromising security. Polygon’s zero-knowledge (zk) solution makes it feasible for Ethereum to capture the DApps and DeFi market. However, Polygon (MATIC) token isn’t a worthy investment choice. It has seen more lows than highs in the last three months. Currently priced at less than a dollar, it is highly unlikely that Polygon (MATIC) will touch its previous high of $5 anytime soon.
Snowfall Protocol (SNW): Advanced Features and Tremendous Rise
Snowfall Protocol (SNW) is the latest offering in the crypto market. It completed the presale stage 2 one day early and is currently running stage 3, expected to end on 1st Jan 2023. Snowfall Protocol (SNW) has raised more than $3 million already. With 100 million Snowfall Protocol (SNW) tokens sold, the price has shot from $0.005 to $0.095 in just a couple of months. The current progress shows that Snowfall Protocol (SNW) will experience a price increase of up 5000%.
Snowfall Protocol (SNW) developers have announced the prototype of its DApp. Snowfall Protocol (SNW) aims to be a multi-chain platform that facilitates cross-chain transfer for fungible and non-fungible tokens. Swapping assets on the Dapp would be seamless due to the EVM and non-EVM compatible chains. Snowfall Protocol (SNW) also comes with a powerful and secure mobile app. The platform is set to offer everything you need – fast transactions, low fees, higher security, and greater transparency. Snowfall Protocol (SNW) is expected to soon surpass Tron (TRX) and Polygon (MATIC) as a complete platform with EVM compatibility and surging token price.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/12/15/how-snowfall-protocol-joining-league-tron/