It’s no secret that the cryptocurrency market is in a bearish state right now. Many altcoins are struggling, and it seems like nothing can save them. However, there is one coin that is thriving amidst the storm: Snowfall Protocol (SNW)! Serum (SRM) and Cronos (CRO), on the other hand, are not so lucky.
Why Snowfall Protocol (SNW) Is Thriving!
Market analysts attribute Snowfall Protocol’s (SNW) success to its unique multi-chain compatibility protocol. This protocol allows for secure asset transfers and cross-chain transactions between blockchains, giving Snowfall Protocol (SNW) an edge over Serum (SRM) and Cronos (CRO).
Moreover, the bridge is designed to generalize cross-chain communication and optimize the security model between asset transfers. This makes it the perfect tool to help investors navigate through this bear market. This is like how roads paved enable traders and merchants to reach their destinations faster and more securely.
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Snowfall Protocol’s (SNW) compatibility model has enabled the growth of more than 140% at the beginning of its presale stage. Some experts are predicting that Snowfall Protocol (SNW) has the potential to grow 5000% by the time it is launched. Don’t waste your money on failing projects like Serum (SRM) and Cronos (CRO). Now is the time to invest and build with Snowfall Protocol (SNW).
Serum (SRM) and Cronos (CRO) Are Doomed…
Serum (SRM) is not doing well in the current bear market. Serum (SRM) is a protocol that focuses on DEXs and not the entire decentralized finance space. Serum (SRM) was created to retrofit existing protocols, but it can’t build a complete decentralized finance infrastructure from the ground up. Serum (SRM) is not interoperable and thus has a limited use case and utility.
Serum (SRM) needs a multi-chain interoperability protocol to help it bridge the gap between different blockchains to facilitate secure asset transfer and cross-chain transactions. This is where Snowfall protocol (SNW) comes in.
Similarly, Cronos (CRO) is the native currency for the centralized exchange entitled crypto.com. Cronos (CRO) was created to reward users on this platform. However, Cronos (CRO) is not interoperable either. If the crypto.com platform were to ever become bankrupt, Cronos (CRO) would become worthless.
Conclusion
Overall, Snowfall Protocol (SNW) is demonstrating that it can weather any storm – something Serum (SRM) and Cronos (CRO) cannot say for sure. Therefore, if you’re looking to invest in something that can bring you profits in this bear market, Snowfall Protocol (SNW) is worth considering. Check out the presale here: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
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Source: https://coinpedia.org/press-release/serum-cronos-will-continue-to-struggle-in-this-bear-market-while-snowfall-protocol-continues-to-thrive/