Investors in cryptocurrencies are constantly searching for fresh and inventive investment options. Investors in Litecoin (LTC) and Dogecoin (DOGE) are no exception, with many surrendering their stakes in these currencies in favor of investing in Snowfall Protocol (SNW).
Due to its successful first round of presale, Snowfall Protocol (SNW) presale has lately received a lot of attention. In fact, the Snowfall Protocol (SNW) team offered a 100% bonus on investment before the token’s price increased next week.
OmniLite for Litecoin (LTC)
With the advent of OmniLite, Litecoin (LTC) has joined the fight as more blockchain projects incorporate non-fungible tokens (NFTs). Litecoin (LTC), which was created as a fork of Bitcoin in 2011, was previously described as “the silver to bitcoin’s gold,” iterating on several of Bitcoin’s technological advances since then, including the early adoption of Segregated Witness (SegWit) in 2017.
To stay up with the changes, it is now allowing Litecoin (LTC) users to build decentralized tokens and smart contracts, as well as NFTs and stablecoins.
OmniLite is a fork of the Omni protocol (formerly known as Mastercoin), which served as a supplementary layer atop the Bitcoin network. Thus, Litecoin (LTC) users may build bespoke tokens and early progenitors to NFTs using the OMNI token.
OmniLite is a Litecoin Foundation initiative that allows users to build and manage assets on the Litecoin (LTC) blockchain. It was developed by Omni and Litecoin (LTC) developer, Loshan, with aid from the Omni Foundation.
The tokens issued by OmniLite may be regarded as an extension of Litecoin (LTC), and as a result, the transactions from these tokens are recorded on its blockchain.
However, the instability of the bear market has damaged the majority of cryptos, and the price of Litecoin (LTC) has dropped to $65.61. Moreover, the price does not look to be rising anytime soon.
Dogecoin (DOGE) may have a rise in the middle of 2023
Memecoins like Dogecoin (DOGE) have a dedicated fan base in the crypto industry, as well as several investors who trust in its long-term development potential. Though this cryptocurrency began as a joke, its expanding utility has drawn more investors to the market.
Dogecoin’s (DOGE) price has decreased 89.51% since its all-time high of $0.7376, and is now trading at $0.077. However, the technical chart reveals that the price movement has virtually turned sideways, indicating that the negative momentum is wearing off.
Furthermore, the $0.056 level has served as solid bottom support for Dogecoin (DOGE), and has kept the lateral movement going for the previous six months. Furthermore, despite a consolidation phase, the RSI slope for Dogecoin (DOGE) is rising, indicating that the underlying bullishness is strengthening.
At the time of writing, Dogecoin (DOGE) price is attempting to hold above the $0.073 local support level. Furthermore, the low price rejection associated with this week’s candle suggests that buyers are attempting to rebound from this support.
With consistent purchases, Dogecoin (DOGE) price might grow to $0.0157 by mid-2023.
Snowfall Protocol (SNW) Promises Substantial Returns to Investors
Snowfall Protocol (SNW) has sparked a craze in the crypto world with its presale success. Snowfall Protocol (SNW)has offered a 100% incentive for all new deposits. The news has had such a positive impact onSnowfall Protocol (SNW) that it has attracted the curiosity of investors in Dogecoin (DOGE) and Litecoin (LTC).
The first round of Snowfall Protocol (SNW) presale sold out quickly, with a total of 100 million tokens being offered. With the team stating they’ve just received $3 million during phase 2 presale, the second round was concluded a day early. Moreover, Snowfall Protocol (SNW) saw a whopping 400% increase from its starting price, following the inception of phase 3, which is almost sold out. Given the success of Snowfall Protocol’s (SNW) presale phases, this is an excellent opportunity to invest in the project.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.