Sometimes we come across a gem that’s in its early stages but not always as most only hear about these gems once they have established themselves. This time we have come across a gem still at ground level. We are talking about Snowfall Protocol which has already gained 600% and is still climbing, even in this bear market.
Cryptocurrencies are going through a tough time this crypto winter. Chiliz (CHZ) and Dogecoin (DOGE) are two examples of coins that have taken a major beating in the past few months. However, there is one coin that is bucking the trend – Snowfall Protocol (SNW). Let’s take a look at why Snowfall Protocol (SNW) is performing so well despite the market conditions.
To understand why Snowfall Protocol (SNW) is doing so well, we need to look at why Chiliz (CHZ) and Dogecoin (DOGE) are struggling.
The main reason is that both Chiliz (CHZ) and Dogecoin (DOGE) are not providing groundbreaking use cases for the broader cryptocurrency industry. Whilst Snowfall Protocol (SNW) is. You can learn more about Snowfall Protocol (SNW) here: https://snowfallprotocol.io. However, simply put, it is a compatibility solution that enables seamless transfers of assets across different blockchains.
This is like how the first internet protocols allowed different computers to communicate with each other. Snowfall Protocol is doing the same for blockchains. It is the plumbing that is needed by millions of people that will use different blockchains in the future.
Chiliz (CHZ) might connect fans and Dogecoin (DOGE) might have a strong community, but neither has the potential to connect different blockchains.
This is why Snowfall Protocol (SNW) is experiencing a growth of more than 140% at the beginning of its presale stage. Stage 1 quickly sold out and stage two is now open. You can get in before it skyrockets here: https://presale.snowfallprotocol.io
Chiliz (CHZ) is a cryptocurrency that is used to power the Socios.com platform. The platform allows fans to vote on various aspects of their favorite sports teams. For example, fans can vote on team kits and player transfers. As you can see, the use case is very niche.
The problem is that the Chiliz (CHZ) team has been unable to expand the use case beyond sports. This is why the token has been struggling this crypto winter. Token holders better prepare for a long winter as Chiliz (CHZ) doesn’t have the fundamentals to survive in a bear market.
Dogecoin (DOGE) was created as a joke in 2013. It was meant to be a parody of Bitcoin (BTC) and the cryptocurrency community at the time. Dogecoin (DOGE) has no use case. Even the power of Elon Musk couldn’t save Dogecoin (DOGE) this crypto winter. This is because the Dogecoin (DOGE) community has been unable to expand the use case beyond a meme coin.
Some experts believe that Snowfall Protocol (SNW) could see a 5000% growth by the time it launches. Top market analysts predict that Snowfall Protocol (SNW) can be the next 1000x token, so make sure you check out the links below and get in before it skyrockets even more in value!
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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