It’s been a tough winter for cryptocurrencies, with Zcash (ZEC) and Polygon (MATIC) both losing value against the USD.
However, there is one cryptocurrency that is thriving during this crypto winter: Snowfall Protocol (SNW)! So what makes Snowfall Protocol (SNW) different? Let’s take a closer look!
Why Snowfall Protocol (SNW) Is Surging In Value!
Co-operability between blockchains is one of the key issues facing the cryptocurrency industry today. Different blockchains are not able to communicate with each other, which can make it difficult for users to transfer assets between different platforms. This is where Snowfall Protocol comes in!
Snowfall Protocol (SNW) is the first cross-chain transfer ecosystem built for fungible and non-fungible tokens. Their dApp enables users to swap assets across the most widely used EVM and non-EVM compatible chains. We are building the highways needed for millions of people to communicate to every blockchain.
This is a big deal because it means that Snowfall Protocol (SNW) can be used to connect different blockchains and allow users to transfer assets between them. This is like how the internet allows different computers to communicate with each other.
Since its inception, Snowfall Protocol (SNW) has seen a 140% growth in the presale stage due to its unique co-operability model. Stage 1 is already sold- out. Stage 2 will start on November 2nd. Make sure to check out the links below to get in while the tokens are still undervalued!
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
Twitter: https://twitter.com/snowfallcoin
Some experts are saying that Snowfall Protocol (SNW) has the potential to grow by 5000% come launch day. Some of the top market analysts are saying that Snowfall Protocol (SNW) has the potential to be a 1000x token.
Why Zcash (ZEC) and Polygon (MATIC) Are Both Struggling…
Polygon (MATIC) is a scaling solution for Ethereum (ETH) that uses a network of side chains to process transactions. Ethereum (ETH) recently merged with a PoS consensus mechanism which is set to enable high transaction scalability.
Thus, Polygon (MATIC) might not be needed soon as Ethereum 2.0 is expected to solve the scalability problem. This has led Polygon (MATIC) holders to sell their tokens, which has resulted in the token’s value dropping.
Zcash (ZEC), on the other hand, is a cryptocurrency that offers privacy and selective transparency of transactions. Zcash (ZEC) uses shielded addresses which hide the sender, recipient, and value of transactions. Zcash (ZEC) also has a slow transaction speed and high fees, which has led to a lack of adoption.
In addition, some regulatory entities have been cracking down on privacy coins, which has led to the value of Zcash (ZEC) dropping as well. This uncertainty surrounding Zcash (ZEC) is one of the reasons why the price per token has taken a hit.
Final Thoughts
As you can see, both Polygon (MATIC) and Zcash (ZEC) are struggling due to various factors. However, Snowfall Protocol (SNW) is thriving! This is due to the fact that Snowfall Protocol (SNW) offers a unique and needed solution in the cryptocurrency industry: Blockchain Co-operability.
So if you’re looking for a cryptocurrency that has the potential to grow 1000x, then you should check out Snowfall Protocol (SNW).
