Crypto investors are looking to Solana (SOL) and Aptos (APT) as potential investment options for the new year. They are further convinced that SOL and APT could be the best place to diversify their funds because of their rising prices. However, at the rate at which the Snowfall Protocol SNW tokens are selling out, many experts believe that Snowfall Protocol SNW is the best option for investors looking to make 5000% gains on their investment. Let’s take a closer look at these tokens.
Will Solana (SOL) Recover From These Crisis
For a network that was once touted as Etherum’s major competitor, Solana (SOL) has failed to live up to expectations. Solana (SOL) is currently priced at around $10, up by 6% in the last 24 hours. Although these are positive signs, it is almost to wave off the fact that this is just a possible retracement and SOL could further drop in the coming weeks. Solana (SOL) has been plagued by several crises in recent weeks; FTX’s collapse caused SOL’s price to plummet by about 57%, following news that FTX’s CEO Sam Bankman-Fried and his companies were one of the largest holders of the token. Solana has also experienced several network outages (about six) in 2022 alone, which has been a source of frustration for many users who constantly trade on the blockchain. The most popular Solana NFT projects DeGods and Y00ts also announced that they were bridging to Ethereum and Polygon respectively, in 2023.
Solana has undoubtedly had a rocky 2022, to say the least and there are no assurances that these issues are far behind it going into 2023. With this in mind, it may be best for investors to look elsewhere as holding SOL tokens could further put one’s portfolio in loss rather than profits.
Aptos: A Blockchain That Never Lived Up To Its Hype
Before its launch, Aptos was touted as the blockchain that will solve the blockchain trilemma of Decentralization, Scalability, and Security. However, two months down the line, Aptos has failed to make any significant impact in the crypto space as builders are still choosing to build on Ethereum or its layer-2 scaling solution Polygon. Furthermore, Aptos native token APT has seen little or no success in the crypto market. APT launched on different crypto exchanges at around $50 but sharply dropped following sell-offs by crypto users who benefited from Aptos’ airdrop. APT is currently priced at around $3.45, down about 67% from its all time high. There is little or no utility from Aptos which could help spark an upward trend for the token’s price. Truth be told, Aptos hasn’t inspired trust and confidence in members of the crypto community and with this in mind, it may be best for investors to look for other investment options like Snowfall Protocol if they hope to make profits in 2023.
Snowfall Protocol The Best Investment Pick For 2023
Snowfall Protocol SNW is yet to launch but the decentralized protocol is already enjoying a lot of positive hype among members of the crypto community. This hype, alongside the utility that the protocol provides, has seen the SNW token climb over 450% since the beginning of the presale stage. The Snowfall Protocol SNW token has defied all odds and has continued to rise despite the current conditions in the crypto market. That is why many experts project that the SNW token could give investors a 5000% gain once the protocol launches and also possibly spark the next bull run.
There is an increasing demand for Snowfall Protocol SNW tokens from crypto investors. Snowfall Protocol’s (SNW) first and second phases of the token’s presale sold out almost instantly, selling over 190 million SNW tokens in the process. Fortunately, there is still an opportunity for interested parties to go all in on the Snowfall Protocol SNW. The third phase of the presale stage is currently ongoing, so it is time to make Snowfall Protocol your primary investment choice in 2023. There is the possibility of these tokens selling out before the end date, so hurry up! Sign up here to purchase some Snowfall Protocol SNW tokens today.
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