Polygon (MATIC) and Solana (SOL) suffer during the aftermath of FTX debacle while Snowfall Protocol (SNW) surges 300%!

Big
cryptocurrencies like Solana (SOL) and Polygon (MATIC) suffered greatly during
the FTX debacle. During the same period, Snowfall Protocol (SNW) surged 300% while
Polygon (MATIC) and Solana (SOL) deteriorated. According to crypto experts,
Snowfall Protocol (SNW) is expected to increase further, making it the best
investment choice for 2023.

Polygon’s (MATIC) value continues to plummet

Polygon
(MATIC) has recently dropped below $1. The recent collapse of the
cryptocurrency market affected Polygon’s (MATIC) price, as did the uncertainty
surrounding the Binance acquisition of FTX. Polygon (MATIC) has fallen
significantly as a result of the bearish market. Polygon (MATIC) might need a
lot of time to recover.

Over the past
seven days, Polygon’s (MATIC) price has decreased by 1.77%, and by 1.99% in the
last 24 hours. Polygon (MATIC) is exposed to more risk and could lead to
further losses for short-term traders.

Solana’s Troubles Aren’t Mitigating

The market
value of Solana (SOL) token has dropped more than 50% on the day of the FTX
debacle. Before the FTX’s collapse, Solana’s development activity experienced a
significant decline due to major outages in the network. Solana (SOL) published
a statement regarding its sinking performance attributing it to the Sam
Bankman-Friend’s FTX controversy. The Solana (SOL) network has millions of
dollars in cryptocurrencies stranded in the melting crypto exchange, FTX. The
network reported that the coin’s value decreased from $0.8 to $0.22.

Solana (SOL)
fell by a third in a single day due to the widespread crypto market crash
caused by the collapse of FTX. Due to its well-known relationship with
billionaire Sam Bankman-Fried, CEO of bankrupt FTX, Solana (SOL) fell deeper
and harder than other cryptocurrencies.

The token’s
high level of security could give investors confidence in their investments.
However, Solana (SOL) has not yet obtained the serum necessary to recover
millions of dollars from the FTX loss. Snowfall Protocol (SNW) on the other
hand could help recoup the losses made by investing in Solana (SOL).

Snowfall Protocol (SNW) surges 300%

Snowfall
Protocol
(SNW) urges clients to place their cryptocurrency reserve
funds into long-haul ventures instead of participating in speculative
exchanges. This makes Snowfall Protocol (SNW) a steady platform.

Snowfall
Protocol (SNW) grew 300% in the
falling crypto market. During phase 1 of its presale, Snowfall
Protocol
(SNW) tokens received favorable market responses. Snowfall
Protocol (SNW) sold the tokens in large
quantities and at a reasonable price
. In contrast to the estimate of $0.005, the presale price surged to $0.009 by the end of phase 1. This
development and the results it produced are nothing short of miraculous. Over 100 million tokens have been sold during the presale so far.

The second
presale for Snowfall Protocol (SNW) sold
out 1 day early
. The third phase of Snowfall Protocol’s (SNW) presale is
also about to sell out quickly, with significant gains. Upon release, Snowfall
Protocol
(SNW) could see a 1000x
increase
in value, according to industry experts. An initial 300% rise in presale price can be attributed to Snowfall
Protocol’s (SNW) distinctive bridging strategy.

Get in while you can and invest in
Snowfall Protocol (SNW) today!!!

Presale:
https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.