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Snowfall Protocol (SNW) Could Become Market Giants like Litecoin (LTC) and Tron (TRX)

By Anuj Cariappa
|
Google Oneindia News

Like it or not, no one can ignore cryptocurrency for long. Despite several doubts and uncertainties, the cryptocurrency market has been gaining prominence. That said, we cannot ignore the increased risk of cyber threats from hackers. Fortunately for crypto lovers, Snowfall Protocol (SNW) is fast gaining popularity for its novel features. It has already raised $3 million. It's a clear sign of Snowfall Protocol (SNW) becoming a market giant, similar to Tron (TRX) and Litecoin (LTC). But will Snowfall Protocol (SNW) surpass Tron (TRX) and Litecoin (LTC)? Let's find out.

Snowfall Protocol (SNW) Could Become Market Giants like Litecoin(LTC) and Tron (TRX)

Tron (TRX) and its Tentative Growth

Tron (TRX) was launched in 2017 by Tron Foundation. It saw an all-time high after the launch and continued to soar, even during the crypto winter of 2018. Tron (TRX) collected $70 million through the ICO and is ranked among the top 30 crypto coins in the market. The amount crossed $1 billion when BitTorrent announced that Tron (TRX) would use the network for transactions.

However, Tron (TRX) crashed after the initial rise. The token tried to recover during the second half of 2019, and gained an upper hand in early 2020, only to fall to a new low at $0.07. The token saw good progress in June 2021, when it recorded 10+ million transactions on the Tron blockchain. The development of DApps further fueled Tron's (TRX) growth. 2022 has been a significant year for Tron (TRX), with several highs and lows. The tiny upward surge in November is followed by a low curve in December. Thus, you should be thorough with your research if you want to invest in Tron (TRX).

Litecoin (LTC) is Light on its Offerings to Crypto Fans

Litecoin (LTC) is an altcoin created in 2011 and differs from crypto coins like Bitcoin. It became the second-biggest crypto coin in 2016, only to see a downfall as competition increased in the cryptocurrency market. Litecoin (LTC) is among the top 30 cryptocurrencies, with an all-time high of a little over $400. The current trend of Litecoin (LTC) is more favorable for selling, though we can place it at neutral by analyzing the month's graph. Litecoin (LTC) had more lows than highs in 2022, and stood at $76.28, on 10th December.

While experts say Litecoin (LTC) may cross the $3K mark in a decade, it seems like a long time to wait, with more worthy tokens offered in the market. Furthermore, Litecoin (LTC) hasn't made it to the top 10 crypto coins as it lacks features offered by competitors. Thus, you must check out other options before investing in Litecoin (LTC).

Snowfall Protocol (SNW), the Next Market Giant

Snowfall Protocol (SNW) has been recording only highs since the presale campaign has begun. It is the first platform to facilitate the cross-chain transfer of fungible and non-fungible tokens (NFTs). Snowfall Protocol (SNW) has already announced the prototype of Dapps, which will facilitate users to swap assets on various EVM and non-EVM chains. Thus, you can say goodbye to technical barriers with Snowfall Protocol (SNW).

Moreover, Snowfall Protocol (SNW) finished stage 2 of presale one day early and sold more than 100 million tokens. The presale stage 3 will continue until 1st January 2023. Snowfall Protocol's (SNW) current price is $0.095. Crypto analysts say that the token will see a whopping 5000% increase in the future. This is based on the 250% increase in Snowfall Protocol's (SNW) price during presale stage 2. There's no denying that Snowfall Protocol (SNW) shows tremendous potential to become a market giant in the coming years.

get in while you can and invest in Snowfall Protocol (SNW) today!!!

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