CRYPTO NEWS: WHAT’S NEXT FOR SNOWFALL PROTOCOL … – The Coin Republic

2022 is nearly over, and it has left the crypto industry down bad. Many smaller and weaker cryptocurrencies will not recover from this year’s downturn. The ongoing crisis will separate market players with long-term viability from short-term pump schemes. Snowfall Protocol (SNW), NEAR Protocol (NEAR), and Polkadot (DOT) are among the favorites to survive this cleansing crunch and thrive in the long term.

NEAR Protocol Aspires to Be the Fastest Blockchain

 NEAR Protocol is a Proof-of-Stake (PoS) layer 1 blockchain that provides an environment for developers to create decentralized applications (dApps) that will bring DeFi to the masses through low transfer fees and quick transactions.

NEAR was developed to be a scalable layer 1 chain without relying on layer 2 solutions. When fully upgraded, NEAR plans to process up to 100,000 transactions per second, outperforming Ethereum and all other Ethereum challengers.

NEAR, which also offers cheaper transaction costs, is way ahead of Ethereum in being fully scaled for mass DeFi adoption. As a result, NEAR has attracted over 1,700 monthly active developers. Increased developer activity benefits both the network and NEAR holders. Analysts believe NEAR, currently trading at $1.33, could reach $6.00 by 2025.

Polkadot Is Expected to Rebound After Dropping 84% In 2022

Polkadot connects and secures a growing ecosystem of diverse blockchains, enabling them to communicate trustlessly while pooling their security.

Amid 2022’s market crash, Bitcoin and Ethereum have lost 64% and 65% of their value, respectively. Polkadot on the other hand has taken a significant hit, losing 84% of its value. While many cryptos will not survive this crash, market analysts believe that Polkadot’s fall may have just set DOT investors up for a massive rebound when the global economy stabilizes. While now is not the time to buy Polkadot, it is worth keeping an eye on.

Snowfall Protocol Promises Early Investors Up To 5000% Returns

Snowfall Protocol (SNW) is the first cross-chain ecosystem that allows the transfer of both fungible and non-fungible assets. The Snowfall token (SNW) is used for staking, which is how the Snowfall Protocol (SNW) verifies transactions and generates new SNW. It also serves as a governance token within Snowfall Protocol (SNW), allowing holders to have a say in the protocol’s future. The Snowfall token (SNW) will be listed on exchanges for users to buy and sell as part of their investment strategy upon launch on January 3, 2023.

Snowfall Protocol is still in its early stages but has already made a name for itself. Despite the negative market sentiment, Snowfall raised $3 million in the first two rounds. The snowfall token’s value increased by more than 500% in the third round, reaching $0.14. With this continued success, Snowfall Protocol will launch at $0.2.

The Snowfall dApp, a secure and user-friendly environment that’ll facilitate asset swapping, will accompany the network’s launch. The team has shared a working prototype of the dApp with the Snowfall telegram community:

Early investors in Snowfall Protocol can expect 1000x post-launch returns and 5000x returns during the bull market in 2024. There are only two weeks until Snowfall Protocol goes live and only two weeks for discounted SNW token prices. Join the presale today for up to 5000% returns.

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.