SPONSORED POST*
Since Snowfall Protocol (SNW) was introduced in the market, popular tokens such as Polygon (MATIC) and Solana (SOL) have had a difficult time trying to surge in terms of prices.
But why is Snowfall Protocol (SNW) becoming an investor favourite? Read ahead to find out as we discuss the details around new development and price activities of these three tokens.
Polygon (MATIC) drops by 1.63% in less than 24 hours
The Polygon (MATIC) network has tried to recover from one of the hardest hit years in crypto history, with its strategic partnerships. Polygon (MATIC) recently announced its newest collaboration, with cryptocurrency custodian BitGo. Polygon has teamed up with BitGo to give MATIC holders access to staking on its platform. Users can also stake their ERC-20 Polygon (MATIC) tokens for profits with this partnership. As per BitGo founders, their platform is backing Polygon (MATIC) because of the network’s many desirable qualities, including its fast transaction times, low gas expenses, increased security, and dedication to carbon neutrality. However, despite several attempts to maintain its prices, Polygon (MATIC) has been plummeting this week. Currently, the cryptocurrency is trading at a price of $1. In the past 24 hours, Polygon’s (MATIC) price has dropped by 1.63%. Moreover, the token’s price dropped by 1.51% in the last few hours. The current price of Polygon (MATIC) is 65.90% less than its all-time high of $2.92.
Solana (SOL) gains but has a long way to recover
Over 90% of Solana’s (SOL) value was wiped off in 2022 when investors were apprehensive about the company due to its ties to the cryptocurrency exchange, FTX, and its linked trading firm, Alameda Research. However, 2023 started on a positive note for Solana (SOL). From its low point on December 28, 2022, when Solana (SOL) was trading at $9.64, the price has more than doubled since the beginning of 2023. Solana blockchain’s native currency, SOL, has had a massive 20% price increase in the last seven days, to $25.16 at press time. Gains of over 12.73% in the past two weeks put Solana (SOL) ahead of the top 10 cryptocurrencies, both in terms of daily and weekly performance. However, Solana (SOL) has taken a downturn since the last 24 hours. Solana’s (SOL) price has fallen by 6.52% during the past day. At this time, Solana (SOL) is trading at $23.80. When compared to its all-time high price of $260.06, Solana (SOL) is 90.85% below. Solana (SOL) has a long way to go before it can reach its price highs but some tokens, such as Snowfall Protocol (SNW), have been reaching new highs every week.
Snowfall Protocol (SNW) to launch with the price of $0.22
By providing a platform for users to transfer data between different blockchains, Snowfall Protocol (SNW) is revolutionizing the entire blockchain industry. Snowfall Protocol (SNW) allows users to stay on their preferred blockchain while reaping the benefits of other blockchains. With Snowfall Protocol (SNW), the transfer of assets between EVM-compatible, and non-EVM compatible, blockchains is quick and hassle-free.
Snowfall Protocol (SNW) completely eliminates the need for third-party intermediaries and the costs associated with them, making the platform an attractive one. The price of Snowfall Protocol’s native token, SNW, is rising exponentially, and the presale phase is about to reach its end. Snowfall Protocol (SNW) has raised over $5 million in its presale phase by selling over 200 million tokens. At present, SNW costs $0.191, but experts forecast a 1000-fold growth in value over the next few months. Snowfall Protocol (SNW) will officially launch on February 3, 2023 with the price of $0.22. Analysts believe that Snowfall Protocol (SNW) is one of the most future-proof and profitable tokens in existence today. For those looking for high price gains in the long term, Snowfall Protocol (SNW) should be your token of choice.
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 was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/01/26/polygon-matic-and-bitgo-partner-after-recent-upgrade-solana-sol-jumps-20-snowfall-protocol-snw-to-launch-this-february/