2022’s bear cycle hasn’t been any different from previous bear cycles in sieving out traders motivated by hype cycles from long-term crypto HODLers.
Long-term cryptocurrency investors carefully choose coins that lure users and developers to create practical, cutting-edge products on the blockchain. The most innovative project becomes the long-term winner.
Snowfall Protocol takes the top spot on that list for the foreseeable future. The project brings together a group of pioneers who envision a multi-chain future and whose goal is to remove technical barriers and allow every user to communicate between blockchains in a more simplified manner. Additionally, optimistic about future expansion are Solana (SOL) and Polygon (MATIC). Here’s why.
Solana (SOL) Is Fast and Comparatively Inexpensive
Decentralized Finance (DeFi) activity on the Solana blockchain has increased dramatically in the last 18 months, and its NFT community has grown significantly to challenge rival Ethereum. SOL is now as popular as Ethereum, with over 1,000 active programs. And, while the blockchain is currently mired in the FTX saga, this does not preclude what is being built or its future potential.
In the future, Solana will have an advantage over its principal rival Ethereum due to its lower and quicker transaction costs. SOL is a great cryptocurrency to hold unless you’re one of the boomers who believe crypto is dead.
However, the token has taken a significant hit due to the FTX meltdown, and you may have to wait until the saga is over and Solana (SOL) regains stability.
Big Business Is Moving to Polygon (MATIC), Making It A Top Gainer Amid the FTX Meltdown
Polygon stands out as one of the most trusted cryptocurrencies by large corporations such as Disney, Reddit, and Starbucks, all of which have incorporated the layer-2 blockchain into their operations. But perhaps the most notable collaborations are with Meta (formerly Facebook) and stock brokerage Robinhood, which resulted in MATIC, Polygon’s native token, surpassing the $1 mark in early November for the first time since August.
As a layer-2 blockchain, Polygon (MATIC) runs on top of Ethereum as a scaling solution, making it less expensive than the former.
With Its Cross-Chain Solutions, Snowfall Protocol (SNW) Makes Blockchain Technology More Interactive
Snowfall Protocol (SNW) is the first ecosystem for cross-chain transfers that supports both fungible and non-fungible tokens. Their cutting-edge dApp allows users to swap assets between compatible chains. Its stablecoin and NFT bridge features enable users to transfer stable coins between compatible chains using canonical token bridging, as well as wrap NFTs between blockchains using autonomous swaps. In essence, Snowfall Protocol is an industry pioneer laying the groundwork for future cross-chain communication— think Bitcoin (BTC) in 2009.
And, yes, I know you missed Bitcoin at $1. It’s okay; I did too. But why pass up such an opportunity twice? Snowfall Protocol is in its second round of presale, and there has never been a better time to join—well, there was in round one of presale when the SNW price was $0.01, but you missed that as well. Don’t worry, though.
With only a few days left, you can still be an early holder of Snowfall Protocol (SNW) for as little as $0.045! And, if the token increased by more than 400% during the presale rounds, what do you expect the returns to be after launch? I’ll tell you what industry analysts predict—1000%!!! And what about the next bull run? 5000%!!! Your search for low-cap gems ends here. Join the presale today at https://presale.snowfallprotocol.io.
You can also learn more about Snowfall protocol (SNW) below:-
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
Twitter: https://twitter.com/snowfallcoin