While the value of crypto assets such as Filecoin (FIL) and Apecoin (APE) has dropped dramatically, disappointing several investors, many lucrative opportunities still abound in the market. A good example is the Snowfall Protocol (SNW). Snowfall Protocol (SNW) is a fresh and intriguing cryptocurrency concept that many experts believe has a huge potential for rapid growth.
Snowfall Protocol (SNW) has recently recorded a price increase of more than 250% in a few days. And with a current price of $0.17, experts still predict a massive increase in the months ahead.
A Steep Slope For Filecoin (FIL)
The bearish market undoubtedly affected Filecoin (FIL), but other factors are also to blame for the token’s steep slide. The crypto project has been repeatedly accused of fraud and running a pyramid scheme. This has caused many investors to abandon ship searching for more solid investments.
Filecoin (FIL) has dropped 98.5% since reaching an all-time high of $237.62. The coin trades in the $2.94 to $3.08 range and ranks among the worst-performing cryptocurrencies. With zero bullish momentum, many investors have lost faith in the project. They are now searching for assets with good prospects. This is where Snowfall Protocol (SNW) comes into play.
Apecoin (APE) Fails To Meet Investors’ Expectations
Apecoin (APE) has an illustrious pedigree. The crypto asset was distributed via airdrop to the reputable Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections. Since then, Apecoin (APE) has become a crypto asset linked to the NFT community.
However, Apecoin (APE) has yet to establish a compelling use case. In that regard, it is most similar to meme coins such as Shiba Inu and Dogecoin. With no real use case, the value of Apecoin (APE) has been quite volatile. The crypto asset experienced several ups and downs over the last year and is currently trading at $3.55 – $3.66. While some experts continue to view ApeCoin (APE) as a long-term potential, others have sold their investments for better opportunities in Snowfall Protocol (SNW).
Snowfall Protocol (SNW) Jumps To New Heights
The revolutionary Snowfall Protocol (SNW) dApp prototype supports non-EVM, and EVM chains facilitate cross-chain asset exchanges (non-fungible and fungible) and provide many additional cutting-edge solutions.
Snowfall Protocol (SNW) sold out a day earlier in the second presale round. The third presale of Snowfall Protocol (SNW), which is now active, will also end in less than two weeks. And so far, the token’s value has increased by 400%. In addition,Snowfall Protocol (SNW) has sold more than 195 million tokens to date, and demand continues to grow.
When it launches on January 3, 2023,Snowfall Protocol (SNW) should rank top on the list for early investors eager in a project, raking in a significant return on their money. SNW tokens are presently priced at $0.14 a unit, and many experts believe that by 2023, it will be one of the tokens that creates a significant number of millionaires.
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