Forward-looking cryptocurrencies Dogecoin (DOGE) and Shiba Inu Network (SHIB) are trying to catch up with the popularity of prelaunch champion Snowfall Protocol (SNW) as the markets shuffle yet again.
All three are trending upwards right now, but only Snowfall Protocol (SNW) has the potential to achieve 1000x returns.
This article will explain why market analysts are convinced Snowfall Protocol (SNW) is the crypto to buy right now.
Dogecoin (DOGE)
Dogecoin (DOGE) is a meme coin that became a trending cryptocurrency. It was built as a joke and quickly became one of the more popular meme coins. Dogecoin (DOGE) remains in the news because memes about the coin have become viral. In terms of utility and crypto-based value, there is little innovation or value addition that the coin has to offer. Compared to the Snowfall Protocol (SNW), it is less technologically advanced.
Shiba Inu Network (SHIB)
Shiba Inu Network (SHIB) is a decentralised cryptocurrency that supports its community and was formed as a social experiment. Shiba Inu Network (SHIB), like many other coins, is built to work on the Ethereum (ETH) Blockchain Network. It started as a meme coin meant to counter Dogecoin and was nicknamed “Doge-Killer”. There is little real-world (cryptocurrency) utility that the platform has to offer for developers and users.
Speculation and market capitalization are affecting Shiba Inu’s (SHIB) prospects,
Snowfall Protocol (SNW)
Snowfall Protocol (SNW) is a protocol for multi-chain blockchain connectivity. The platform supports cross-chain swaps over blockchains and safe asset transfers. Snowfall Protocol bridge aims to increase cross-chain communication and strengthen asset transfer security.
A cross-chain bridge enables exchanging information, cryptocurrency or other digital assets from one blockchain network to another. It supports the exchange of data across what would be isolated sets of data on different blockchains. The sale of investments across other blockchains is possible without a cross-chain bridge, but it is expensive and time-consuming. Without a cross-chain bridge, users must convert a crypto token into a fiat currency, which usually involves paying charges. They then use the currency to get the desired type of crypto coin, which requires more fees and processing time.
One prominent feature of a cross-chain bridge is that it allows users to exchange one cryptocurrency for another without changing it into a fiat currency. Cross-chain bridges aren’t restricted to just cryptocurrency value transfers. An effective cross-chain bridge can also transfer smart contracts and other assets from one blockchain to another.
The Crypto market has many instances of people losing their investments, and it’s not always because the market is bad but more because they don’t do their research well. Snowfall Protocol (SNW) sold 95,000,000 tokens for $0.005 apiece in stage 1 of its presale. Thanks to Snowfall Protocol (SNW), anyone who desires can participate in the token pre-sale as Stage 2 is live. The price is already up from the initial $0.005 and is expected to go 1000x.
Now is the time to get hold of these tokens at a lower price.
Now is the prime time to buy into the Stage 2 presale as it is expected to surpass the success of the stage 1 presale so investors are expected to do very well. Click the links below to learn more now!
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
Twitter: https://twitter.com/snowfallcoin
