Market Insights: Snowfall Protocol is up 600%! BNB And FTX Token Falls Heavily!


Cryptocurrencies are constantly on the move, and as a result, it can be difficult to keep track of all of them. In this blog post, we will take a look at three trending cryptocurrencies: BNB (BNB), FTX Token (FTT), and Snowfall Protocol (SNW).

BNB (BNB) is a cryptocurrency that was created by Binance, one of the world’s largest cryptocurrency exchanges. FTX Token (FTT) is a token that was created by FTX, a crypto derivatives exchange.

Snowfall Protocol (SNW) is bringing a new level of compatibility to the blockchain industry. Keep reading to learn more about these exciting cryptocurrencies!

Why BNB (BNB) and FTX Token (FTT) Are Trending!

Binance recently announced that they are acquiring FTX. This news has affected both BNB (BNB) and FTX Token (FTT) because as the native cryptocurrencies for their respective platforms, they will both be involved in the Binance-FTX merger.

Binance is the world’s largest cryptocurrency exchange, and FTX is one of the fastest-growing cryptocurrency exchanges. This news has caused BNB (BNB) to increase slightly in value while FTX Token (FTT) has plummeted dramatically.

This trend shows that FTX Token (FTT) holders are not confident in the Binance-FTX merger. They may fear that Binance will make an effort to decrease the value proposition of FTX Token (FTT). BNB (BNB) showed an increase in value likely because with the main competitor now out of the picture, Binance may have an even larger market share.

Snowfall Protocol (SNW) Is on the Rise!

Snowfall Protocol (SNW) has stayed out of the FTX Token (FTT) and BNB (BNB) drama and stayed focused on its mission to solve one of the biggest problems within the blockchain industry. A lack of compatibility between different blockchains has been a hindrance to the mass adoption of blockchain technology.

Snowfall Protocol (SNW) aims to provide a solution to this problem by creating a cross-chain transfer ecosystem that will enable users to swap assets across the most widely used EVM and non-EVM compatible chains. Snowfall Protocol (SNW) is building the highways needed for millions of people to communicate to every blockchain.

This is similar to how ant colonies function. They are all connected and can communicate with each other to share information about food sources, predators, etc. Similarly, Snowfall Protocol (SNW) wants to create a cross-chain ecosystem where different blockchains can communicate with each other and share information.

The benefits of this are vast. Due to its innovative compatibility model, Snowfall Protocol (SNW) has seen rapid growth since its presale stage began, with an increase of more than 140%. Make sure to get in on the presale here:

Final Thoughts

Snowfall Protocol (SNW) is expected to grow 5000% upon launch, according to reliable sources. Some of the top market analysts are saying that has the potential to grow 1000x larger





Stage 1 is already sold out. Stage 2 began on November 2nd. So, make sure to buy your SNW tokens today before it’s too late!

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.