The crypto market has already seen a lot of price action in the new year, with some coins giving a positive while others a negative outlook. Furthermore, newer tokens like Snowfall Protocol’s SNW are set to launch this month. In this article, we will discuss why it is a great move to invest in the last presale of Snowfall Protocol (SNW) tokens rather than investing in priced-in tokens like MATIC or crisis-plagued tokens like Solana.
Is MATIC Ready For A Massive Bull Run In 2023?
Polygon’s MATIC is currently priced at around $0.80, up 2.80 in the last 24 hours. Furthermore, data from WhaleStats shows that MATIC was among the top 10 most purchased assets by Ethereum whales during this period. Therefore, it is safe to say that these large purchases by the whales have led to the massive climb in MATIC’s price. The big question now will be why these whales are going in big on Polygon’s MATIC. This move could be in anticipation of some of Polygon’s expansion activities which could spell a bullish signal for the network.
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Polygon plans to launch its zkEVM (zero-knowledge Ethereum Virtual Machine). Polygon’s zkEVM technology will further provide scalability solutions to Ethereum blockchain users and cement Polygon’s reputation as the foremost Ethereum scalability solution. According to Polygon, its zkEVM technology would be the first among Ethereum’s scaling solutions that utilizes zero-knowledge proofs, making it compatible with all current decentralized applications (dApps), smart contracts, and wallets. Polygon (MATIC) just released the second testnet (which it intends to be the last before the launch of the mainnet) for their zkEVM network. While this development spells a bullish signal for MATIC’s price, it is best for crypto investors looking to double down on their investment to look for other options as the Whales’ purchase of Polygon’s MATIC likely means that investors have already priced in on this development and MATIC could see little or no upward trend after Polygon launches the mainnet for its zkEVM network.
Is Solana Way Past Its Crisis?
The Solana Community has quite a lot to cheer for following the crisis that has plagued the network. The Bonk Token, Solana’s first dog coin, has posted close to a 1000% gain since December 29th of last year, following its launch on December 25th. Members of the Solana community were huge beneficiaries of Bonk’s total airdrop supply as about 20% of it went to Solana’s NFT collections. There are also other developments around the Solana network that have community members optimistic about the future. One of these includes the plans for decentralized wireless infrastructure blockchain Helium (HNT) moving over to become a Solana sidechain. Solana also plans to launch a mobile device this year as part of its initiatives to promote real-world use cases for Web3’s technology. While all these sound interesting, there is proof that suggests Solana isn’t out of the clear yet. The funding fee on Solana is currently at -0.9%, which would suggest that there is market manipulation. There are also little or no spot buys on the market. It is just a matter of time before Solana’s price dumps once again. As such, crypto investors should stay out of the SOL market for now.
Last Chance To Go All In On Snowfall Protocol
There is a lot of excitement as Snowfall Protocol (SNW) launch draws near. Experts project that early investors in the decentralized protocol could make as much as 5000% gains after launch. Snowfall Protocol (SNW) is set to stand out with its technology and that is one reason crypto investors are doubling down on their investment as they believe Snowfall Protocol (SNW) tokens could even surpass expectations as it has already done under the current market conditions. Snowfall Protocol (SNW) provides a cross-chain bridge that allows users to swap their fungible and non-fungible assets across EVM and non-EVM chains.
Snowfall Protocol already conducted three phases for its Snowfall Protocol (SNW) presale, selling over 250 million SNW tokens in the process. The fourth and final presale phase is currently ongoing, with crypto investors having one last chance to go all in on Snowfall Protocol. Sign up here and invest in a once-in-a-lifetime opportunity today!
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Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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