Despite being in its initial launch phase, Snowfall Protocol is creating waves in the crypto space. According to experts, Snowfall Protocol (SNW) has the technological potential to earn remarkable gains through its presale. Moreover, Snowfall Protocol’s futuristic vision will keep the SNW token price steadily growing over the years, unlike other well-established tokens like Chiliz (CHZ) and eCash (XEC), which have been experiencing bearish price movements over the years.
Snowfall Protocol has the potential to overshadow the growth of various other long-established blockchain projects. Read on to discover the unique features that make the Snowfall Protocol so promising against Chiliz and eCash.
eCash (XEC): The crypto version of electronic cash
eCash, formerly known as Bitcoin Cash, is described as the “cryptocurrency designed to be used as electronic cash.” XEC aims to be used as the means of payment for goods and services. eCash is the rebranded version of Bitcoin Cash and is meant to become a reliable digital payment mechanism for international transactions. eCash is focused on offering a simple, straightforward, and quick means for cross-border transactions.
eCash is upheld by its native token, XEC, which currently trades at $0.00002926, approximately 95% lower than its all-time-high price of $0.0005926 (as seen on November 10, 2021). The XEC token saw a few upticks in the previous month when eCash organized an airdrop program for the investor community. However, on other days, eCash’s XEC token is trading close to its all-time low price, thereby alarming investors about future price uncertainties.
Chiliz (CHZ): Crypto for the sports community
Chiliz is among the leading cryptocurrencies in the sports and entertainment communities. Chiliz enables sporting organizations to launch their Fan Tokens, unlock newer revenue streams, and engage communities creatively. Launched in 2017, Chiliz’s native CHZ token has gained a whopping 727.5% since its launch. Despite significant challenges, CHZ has grown resiliently.
Currently, CHZ is trading at $0.1783, approximately 80% lower than its all-time-high price of $0.8915 (as seen on March 13, 2021). Since the beginning of World Cup 2022, the price of Chiliz’s CHZ token has tumbled. Only time will tell if Chiliz will recover its losses or remain in the red in the months to come.
Snowfall Protocol (SNW): The efficient NFT cross-chain bridge
Snowfall Protocol (SNW) aims to simplify cross-chain communication with the help of stablecoins and NFT bridges that allow users to interact with their preferred blockchain projects seamlessly. Snowfall Protocol’s DApps will enable asset swaps across both EVM and non-EVM compatible chains. Thus, Snowfall Protocol builds networks that enable millions of users to engage with multiple blockchains.
In phase 1 of the presale, Snowfall Protocol’s SNW token received a favorable demand, causing the price to increase by 300%. The SNW token saw a boom in market penetration through phase 1, and the same is expected through all three stages of its presale. The SNW token not only outperformed experts’ predictions but also sold a sizable amount of tokens at a relatively fair price. The second phase of Snowfall Protocol’s presale will end by November 30, 2022.
Experts have been positive about the Snowfall Protocol’s steady growth, owing to its technological prowess and futuristic vision. The Snowfall Protocol is in its initial stages of launch and thereby offers a golden investment opportunity for investors looking for remarkable profits.
Experts forecast that the SNW can grow over 1000% once launched. Stage 2 began on November 2nd and is 80% complete. So, get in now while you still can! For more info, please research below:-