Snowfall Protocol (SNW) Breaks a Record, Shiba Inu (SHIB) Gets Delisted from Binance and Terra Classic (LUNC) Community Debates on L1 Team Funding

Recently, Snowfall Protocol (SNW) has been witnessing record-breaking sales whereas Shiba Inu (SHIB) pairings are getting delisted from Binance, and Terra Classic (LUNC) community is troubled with mixed opinions over L1 team funding.

Shiba Inu next to burning fireplace.

In recent years, cryptocurrency has gained popularity, and traders and investors now have a variety of options to pick from. While a number of coins have thrived, others have found it difficult to stay competitive. Recently, Snowfall Protocol (SNW) has been witnessing record-breaking sales whereas Shiba Inu (SHIB) pairings are getting delisted from Binance, and Terra Classic (LUNC) community is troubled with mixed opinions over L1 team funding. In this article, we will review the latest updates about Shiba Inu (SHIB), Terra Classic (LUNC), and Snowfall Protocol (SNW).                                     

Snowfall Protocol (SNW) witnesses record-breaking sales

A multi-chain protocol, Snowfall Protocol (SNW), aids in maintaining the protection of cross-chain exchanges and the transfer of assets between several blockchains. Its NFT cross-chain technology, which enables improved availability and compatibility of NFTs across different blockchain networks, is a significant development in the cryptocurrency field. This makes NFTs more liquid and available to investors by enabling their exchange between networks.

The cost of Snowfall Protocol (SNW) has increased by more than 400% since the start of its presale rounds. So far, there have been two successful presale campaigns, while the third presale phase seems to be almost complete. Over 195 million tokens have already been sold and over $3 million has been raised during the presale phases of Snowfall Protocol (SNW), and sales are still going strong. Given that the formal Snowfall Protocol (SNW) launch is planned for February 2023, further price hikes may be forthcoming.

Sponsored

The forthcoming dAPP launch of Snowfall Protocol (SNW) is causing a lot of buzz in the cryptocurrency industry. The project has already been gaining some traction and developing a sizable fan base, and the debut of the dApp is anticipated to further increase its appeal. The dApp will provide a variety of cutting-edge functions and services, such as decentralized exchange (DEX) as well as solutions for decentralized financing (DeFi).

Shiba Inu (SHIB) Pair Gets Delisted From Binance

According to Binance, the most well-known crypto trading network, it will eliminate and cease trading for a range of spot trading pairs. SHIB/GBP, DAR/ETH, ALPHA/BNB, ASTR/ETH, and CELR/ETH are among these pairs. These changes are going to be implemented on January 6 in the year 2023.

This notification is meant to serve as a reminder to users who may be using automated online techniques or strategy sandboxes, as they should be updated or cancelled prior to the service being discontinued to prevent any potential losses.

Sponsored

Shytoshi Kusama, the leading developer for Shiba Inu (SHIB), recently tweeted to herald the release of Shibarium, the platform’s layer-two scaling solution. Shiba Inu (SHIB) will be able to compete with different Ethereum scaling alternatives like Polygon (MATIC), with the aid of Shibarium. With the debut of SHIB tokens in 2023, the upgrade is therefore anticipated to increase their price.

The current Shiba Inu (SHIB) price is $0.000008, with a $14 million 24-hour trading volume. Shiba Inu (SHIB) has increased 1.52% during the past 24 hours.

Terra Classic (LUNC) Community debates on L1 funding

The newly formed Layer 1 development team has presented a financial proposition, which the Terra Classic (LUNC) community is conflicted between accepting or rejecting.

Individual validator, LUNCDAO, promoted the discussion, related to Terra Classic (LUNC), by voicing reservations about the most recent proposal. Moreover, the engagement of Tobias Andersen and other Terra Rebels members in the Terra Classic (LUNC) community contributed to the worries.

Fears over DJ Trev’s membership on the community oversight board were also raised by LUNCDAO. The committee is made up of PFC, DJ Trev, and StrathCole.

Fears about Terra Rebels’ members of Terra Classic (LUNC), which are playing for the new team were also raised by TerraCVita. They contend that it is improper to include people who recently received a $150K grant but squandered it. Additionally, TerraCVita pointed out that having team members who could face legal trouble does not look good.

The current live Terra Classic (LUNC) price is $0.000158, with a $123 million 24-hour trading volume. In the past 24 hours, Terra Classic (LUNC) has decreased by 1.62%.

                                       

Conclusion

Any cryptocurrency investor’s goal is to find a coin that is currently undervalued yet has excellent growth potential. Shiba Inu (SHIB) and Terra Classic (LUNC) are good alternatives, but neither can match Snowfall Protocol’s (SNW) potential earnings for users. Thus, users are recommended to go for Snowfall Protocol (SNW) instead of Shiba Inu (SHIB) and Terra Classic (LUNC).

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

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