Finding Hope in the Bear Market with Snowfall Protocol (SNW), Tron (TRX), and Avalanche (AVAX)
Investors are fidgety; crypto exchanges are going bankrupt; cryptos are charting new lows every week. Welcome to the crypto winter. And, from the looks of it, it will last longer than the actual winter. However, that doesn't mean everyone loses money. In fact, a class of investors makes their fortune in bear markets. They either bet on the market's continued to decline by shorting or finding some star performers that will defy the larger trends. While shorting is fraught with huge risks, we bring you some cryptos that are likely to deliver huge returns in a matter of months.
Tron
(TRX)
is
Bucked
the
Trend
for
a
Year
Tron
(TRX)
is
the
crypto
universe's
answer
to
millions
of
content
creators' prayers.
Tron
decentralizes
content
distribution
and
wrests
control
from
platforms
like
YouTube,
Spotify,
Steam
(video
games),
and
others.
These
content
platforms
have
long
dictated
the
rules
of
engagement
for
users
and
content
creators,
while
taking
the
lion's
share
of
revenue
generated
by
content
creators.
Tron
changes
everything.
Tron
makes
it
possible
for
content
creators
to
create
dApps
on
the
platform
and
launch
their
own
content
service
-
web
series,
standup
specials,
music,
and
more.
Users
can
enjoy
their
favorite
content
creators'
work
and
reward
them
with
Tron's
native
token
TRX.
The
best
part?
Tron
is
free
for
creators
to
host
their
content.
Tron
is
so
revolutionary
that
even
videogaming
companies
can
put
their
games
on
this
platform.
Tron is now being used as collateral to bolster a stablecoin, USDD, from the crypto's founder. The move is fraught with risks because the stablecoin borrows its tech heavily from Terra, another stablecoin that went belly up this year. However, allying all fears, Tron has performed beyond all expectations. While other tokens have lost over 90% of their value this year, Tron has lost only about 50%, and is showing signs of sharp recovery.
Avalanche
(AVAX)
Avalanche
(AVAX)
is
one
of
the
most
ambitious
crypto
projects
in
the
market.
Avalanche
was
built
to
overcome
the
bottlenecks
and
other
limitations
of
Ethereum.
While
transactions
often
take
several
minutes
or
even
hours
on
Ethereum,
Avalanche
executes
them
in
seconds.
In
fact,
Avalanche
processes
over
6,500
transactions
per
second.
Although
upgrades
to
Ethereum
and
the
launch
of
faster
cryptos
are
together
exerting
pressure
on
Avalanche,
it
has
proven
itself
to
be
a
time-tested
project.
Even
Coinbase
recently
started
USDC
trading
on
Avalanche.
That
tells
you
everything
you
need
to
know
about
how
much
trust
the
industry
puts
in
Avalanche.
Avalanche is highly versatile and offers numerous use cases, including debt financing, document tracking, and digital identity management. Despite its robust foundation, Avalanche is currently trading at a huge discount. Therefore, we expect it to grow by at least 400% by mid-2023.
Snowfall
Protocol
(SNW)
Snowfall
Protocol
(SNW)
is
being
hailed
as
the
biggest
gainer
of
2023.
Snowfall
Protocol
(SNW)
is
the
interoperability
bridge
that
intends
to
connect
multiple
blockchains
together,
enabling
users
to
move
their
funds
and
assets
from
one
blockchain
to
another.
The
applications
of
Snowfall
Protocol
(SNW)
are
massive.
Users
would
be
able
to
move
their
NFTs
from
one
platform
to
another.
Content
creators
on
Tron
would
be
able
to
allow
gamers
to
enjoy
their
content
on
Decentraland.
The
possibilities
are
endless.
Owing to its enormous potential, Snowfall Protocol (SNW) is selling at an unprecedented rate. Its presale and stage 2 sale have already raised over $3 million in funding. The ongoing stage 3 has witnessed the Snowfall Protocol (SNW) token grow by 250% in value. So, it's hardly surprising that analysts are projecting a 5,000% growth for Snowfall Protocol (SNW) in the coming months.