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SNOWFALL PROTOCOL EXPLODES IN GROWTH AMID THE FALL OF SOLANA (SOL) AND POLYGON (MATIC)!
Following the collapse of crypto behemoth FTX, the final two weeks have been chaotic for the crypto ecosystem. Market confidence has plummeted, with some critics calling it “a Lehman Brothers event in the cryptoverse.”
However, Snowfall Protocol (SNW) has remained unaffected and has even made strides ahead as the remainder of the market lagged. Astute traders are now flocking to the protocol as a viable different with profitable returns and long-term viability.
‘Ethereum Killer’ Solana Is the Biggest Loser in The Aftermath of The FTX Meltdown
When the founder and CEO of FTX, Sam Bankman-Fried (SBF), stepped down and declared the trade bankrupt, the crypto market, notably tokens related to FTX and Alameda Research, took a success. SOL, the native token of the once-dubbed Ethereum killer, Solana blockchain, was hit essentially the most. The leaked stability sheet of Alameda Research revealed that Alameda owned a good portion of SOL. As a outcome, Bankman-Fried’s empire taking place meant Solana taking place too.
Investors have since shied away from the venture, inflicting the token to fall greater than 50% in lower than 30 days. Solana’s collapse has coincided with elevated site visitors within the new market participant Snowfall Protocol (SNW). Snowfall Protocol (SNW) guarantees 1000x potential upon launch, which has resulted in traders flocking to the presale of the multi-chain-focused protocol.
FTX’s meltdown is solely the most recent setback for an already struggling Solana. The community has not too long ago suffered quite a few hacks, which has vastly shaken investor confidence.
Polygon’s Whales Are Jumping Ship
Earlier this month, Polygon’s (MATIC) value jumped 14.3% simply 24 hours after partnering with Instagram for the latter’s upcoming NFT venture. MATIC later noticed a major pullback as whales exited their lengthy positions and took revenue. The coin fell even additional days later as market information turned destructive. Whale addresses in Polygon have decreased by 7.69% over the previous 30 days.
Why Snowfall Protocol (SNW)?
Snowfall Protocol (SNW) is the first cross-chain switch ecosystem that permits for exchanging of fungible and non-fungible property between appropriate chains. Imagine Snowfall Protocol (SNW) because the pioneer and market chief of a multi-chain future, comparable to Bitcoin (BTC) in right this moment’s crypto ecosystem, however higher and with continued development for an much more inclusive net 3.0 expertise.
Snowfall Protocol (SNW) prioritizes on-chain safety. Their dApp is safe and permits for a seamless, trustless, and guarded token switch.
Snowfall Protocol (SNW) has an skilled staff devoted to eradicating the technical obstacles that at the moment impede on-chain interactions, permitting tens of millions of customers worldwide to simply transact throughout completely different blockchains.
Snowfall Protocol (SNW) has been endorsed by market consultants as a low-cap gem with a 5000% potential within the subsequent bull run after recording a powerful 450% value spike (from $0.01 to $0.045) whereas nonetheless within the presale stage. The second spherical of presale is practically full!
Register for presale right this moment earlier than Snowfall Protocol (SNW) hits the market and turn into an early member of Snow Army!
Click on any of the hyperlinks beneath for extra info:
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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