Snowfall Protocol (SNW) is a better bet for long-term growth, compared to Solana (SOL) and Fantom (FTM)

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Cryptocurrencies have become a wildly popular investment option over the last few years, with many people believing that they are the next big thing. However, there are only a few coins that are actually worth investing in. One of these coins is Snowfall Protocol (SNW). Why is Snowfall Protocol (SNW) better than Solana (SOL) and Fantom (FTM)? Read ahead to find out.

Solana’s (SOL) hack causes major declines

Recently, Solana (SOL) has been experiencing various issues as a result of a major hack on its lending mechanism. Mango Markets, a DeFi platform on Solana (SOL), had $100 million stolen from it by an attacker who is currently holding the platform ransom unless the protocol settles its debts. Since the breach of Mango Markets, the TVL on Solana (SOL) has dropped dramatically. In the past month, the total value locked on Solana (SOL) dropped dramatically, from $1.32 billion to $862 million. Moreover, according to research, a significant number of investors have lost faith in Solana (SOL) because of network disruptions, leading to greater price declines. The price of Solana (SOL) has dropped by 3% over the past week, to a current level of $13.63. Solana (SOL) is currently trading 94.76% below its all-time high of $260.06.

Fantom (FTM) on a temporary bullish cycle

Fantom (FTM) is a decentralized smart contract platform, designed to be secure and scalable. Fantom’s (FTM) primary purpose is to facilitate the creation of apps for decentralized finance (DeFi). As per their website, Fantom (FTM) is intended to overcome the restrictions placed on transaction speeds by existing blockchain systems that are executing smart contracts. While Fantom’s (FTM) concept seems attractive, analysts believe that the token lacks a long-term growth prospect. Currently, Fantom’s (FTM) price has gone up by 3.93%, in the past month, to $0.25. However, looking at the all-time highs and past charts, Fantom (FTM) hasn’t been able to recover from its major lows. To give investors more perspective, Fantom (FTM) was trading at $3.48 just a year ago, and has lost over 85% of its value since then. The future is unpredictable for Fantom (FTM). Additionally, considering the amount that existing Fantom (FTM) investors have lost, it will be incredibly difficult to gain back their trust.

Snowfall Protocol (SNW) disrupts the crypto space with its massive gains

In recent months, Snowfall Protocol (SNW)token’s value has exploded, attracting an influx of investors. Snowfall Protocol (SNW) is the first platform to facilitate the transfer of fungible and non-fungible tokens across blockchains. With Snowfall Protocol’s (SNW) decentralized exchange, one can buy and sell assets on a variety of different interoperable blockchains without much technical skill. Snowfall Protocol (SNW)is one of the best-performing assets in the DeFi market, and its popularity is growing rapidly. Currently, Snowfall Protocol (SNW)has undergone two incredibly successful presale phases. Snowfall Protocol’s (SNW) enormous gains have given investors hope for a better future in the crypto space. The second presale phase ended with a price increase of over 200% and Snowfall Protocol (SNW)is expected to grow by 5000% by the time of its launch.

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

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

 


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