As the long-lived crypto bear market is expected to revive in 2023, leading crypto networks are advancing toward upgrades and developments to survive the increasing competition.
Among others, Ripple (XRP) is boosting the ledger functionality by introducing smart contracts to support NFTs. At the same time, Cardano (ADA) plans to improve the operational efficiency of dApps on the network with the Plutus V2 upgrade. Despite these developments, experts have recommended investors stock up on the new Snowfall Protocol (SNW), which is growing with leaps and bounds. Currently in phase 3 of presale, Snowfall Protocol (SNW) has already sold over 200 million tokens. Read on to find out which token will offer the most favorable returns in the upcoming months.
Ripple (XRP) Ledger prepared to rise in the upcoming months
Launched in 2012, Ripple (XRP) is a permissionless, highly scalable blockchain network introduced originally to support payments. In 2021, Ripple (XRP) launched XRPL, the ledger, with increased functionality related to micropayments, DeFi applications, and soon to be built, smart contracts and NFTs. Ripple (XRP) ledger has also launched a stablecoin and solves inefficiencies of asset tokenization.
At present, XRP, Ripple Network’s primary utility token, trades at $0.36, demonstrating an approximate 94% increase in trading volume over the past 24 hours. With the news of launching smart contracts over Ripple’s (XRP) ledger, the price of XRP is expected to rise in the upcoming months. However, Ripple (XRP) has previously been subject to poor critical acclaim, leaving investors uncertain about future price movements.
Cardano (ADA), founded in 2017, is a proof-of-stake blockchain network bringing modularity and true decentralization in smart contracts and decentralized applications. Cardano (ADA) uses Plutus scripting language for launching applications over the blockchain. Recently, Cardano (ADA) launched Plutus V2, an upgrade of the original Plutus cost model that promises to improve the operational efficiency of applications over the Cardano (ADA) network.
Cardano’s native utility token, ADA, is trading at $0.26, with a 50.21% rise in trading volume over the past 24 hours. Cardano (ADA) also plans to launch its stablecoins in January 2023. Consequently, experts are optimistic about ADA token’s price rise over the upcoming months. However, only time will tell if the ADA token’s price growth is steady or momentary.
Snowfall Protocol (SNW), currently in phase 3 of presale, has grown over 400% from its initial launch price by hitting $0.14. Investors are recommended to stock up on SNW tokens before launch to enjoy lucrative returns. Snowfall Protocol (SNW) launch is scheduled for January 3, 2023. Here’s everything you need to know about Snowfall Protocol (SNW).
Snowfall Protocol (SNW) is the crypto market’s premier cross-chain transfer ecosystem that offers technological solutions to smooth barriers in multi-chain communication. Snowfall Protocol (SNW) allows for the swap of fungible and non-fungible tokens across EVM and non-EVM compatible chains. Snowfall Protocol (SNW) deploys Stablecoin and NFT bridges for canonical token bridging and anonymous swaps. Additionally, Snowfall Protocol (SNW) offers staking benefits to investors who participate in the governance of the platform.
Snowfall Protocol is sustained through the native SNW token, which forms the medium for all transactions over the platform. Creators of Snowfall Protocol have announced an attractive giveaway of 2500 SNW tokens to buyers who refer the presale to 5 new investors. Experts are anticipating a 4-figure growth in the SNW token price in the upcoming months, making it the most accurate time for potential investors to park their funds in Snowfall Protocol. Given the unique features and ground-breaking technology, the manifold growth of Snowfall Protocol (SNW) looks more promising than the growth of established projects like Ripple (XRP), and Cardano (ADA).
get in while you can and invest in Snowfall Protocol (SNW) today!!!
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