Analysis Predict Massive Profits For Snowfall Protocol & Price In 2023 And Advise Investors To Steer Clear Of Solana And Waves

While drumming support for Snowfall Protocol (SNW) and endorsing it as a must-buy in 2023, crypto analysts have not shied away from dismissing struggling Solana (SOL) and WAVES (WAVES). While Solana and WAVES have been in free fall for the most part of the year, Snowfall Protocol has profited by more than 500%.

What is Snowfall Protocol (SNW)?

Snowfall Protocol (SNW), currently in its third and final round of presale, has been a rare bright spot in an otherwise gloomy year for the crypto market. Snowfall Protocol (SNW) remains the top hedge against crypto bears in 2022, with a monthly gain of over 500%.

Snowfall Protocol (SNW) is a cross-chain solution that connects blockchains, allowing the transfer of fungible and non-fungible assets. Platforms like Snowfall Protocol (SNW) will be crucial resources as blockchain technology becomes more widely adopted. 

Imagine being able to exchange your Ethereum tokens for Tron and investing in your favorite Tron project with a just few clicks. All this will be possible beginning in January thanks to the Snowfall Protocol dApp. This new level of interoperability will open up new investment opportunities as well as an array of use cases for blockchain technology.

The FTX Debacle Continues to Cast A Shadow Over Solana And Waves

The collapse of FTX exacerbated an already difficult year for the crypto ecosystem. Massive volumes were wiped across the board, prompting some to declare crypto’s demise. However, most coins have begun to recover in anticipation of a better 2023. Bitcoin, for example, has reclaimed $18,000 for the first time since the saga.

WAVES and Solana, on the other hand, are still stuck in the mud. Solana was the second most affected crypto coin after FTT when FTX collapsed due to a significant amount of SOL tokens held by Alameda research. Solana saw more than 80% of its value wiped out in just a few days. While Solana is slowly recovering, it will be more challenging to compete with its main rival Ethereum, which was not as badly affected.

WAVES-backed stablecoin USDN has also struggled to recover. The algorithmic stablecoin lost its peg, and all attempts to repeg have been met with total failure. South Korean exchange Upbit has advised its users against investing in WAVES due to the resulting high volatility. Upbit has even announced that it is considering suspending the WAVES/KRW and WAVES/BTC pairs. The resulting fear, uncertainty, and doubt have led to WAVES losing more than 20% of its value in just a week.

Buy and Hold Snowfall Protocol  (SNW)

Snowfall Protocol (SNW) is a great addition to the crypto ecosystem that provides an important service that will only grow in significance as blockchain technology evolves. It’s a great long-term buy-and-hold. An even better idea is to buy SNW tokens during the presale, as you’ll get them for less money and see higher returns.  Snowfall Protocol (SNW) is expected to return up to 5000% to early investors. Join the presale today:  https://presale.snowfallprotocol.io

For more information on Snowfall Protocol: 

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin