While the dust settles from the FTX (FTT) saga, investors are now resuming their hunt for the next bull run’s gems.
The three bags being eyed by most investors for a high return on investment in the upcoming run are Ripple (XRP), Quant (QNT), and a new stallion, Snowfall Protocol (SNW), whose second phase of presale is still ongoing.
But which of these three assets is the best bet for your hard-earned money? Stay tuned to find out!
Quant’s (QNT) Price Is Already High
Compared to mid-cap or high-cap tokens, investing early in low-cap cryptocurrencies with high potential increases your chance for a higher ROI when the market rallies. In light of this, the ideal time to have purchased Quant (QNT) would’ve been before the 2021 bull market, when it was still trading at around $11, or before the recent rally that began in June, during which the token registered an impressive 450% growth in just four months.
Quant reached a high of $228 on October 17, with the daily relative strength index (RSI) crossing above 70, indicating that the asset had entered the overbought territory. Since then, the price of QNT has plummeted to just above $100 as of Nov.15, a drop of more than 50%. Despite the huge drop, $100 is still a high price, and potential investors need a larger starting capital to profit effectively.
Ripple’s (XRP) Investor Confidence Is Dwindling
While most cryptocurrencies set new highs in 2021, XRP was one of the few that did not. XRP traded far below its 2018 all-time high of $3.84, a major red flag for potential long-term investors. Their ongoing legal battle with the SEC hasn’t been fair to investor confidence or, consequently, the price of XRP. The losses that followed the suit are still fresh in the minds of investors who are hesitant to invest in the network again.
Ripple recently launched an Ethereum-compatible sidechain. Days before the sidechain’s deployment, Ripple (XRP) saw small price gains that turned out to be a price correction before the token fell even further. This price volatility has scared off potential investors to promising low-cap gems, a major beneficiary of this traffic being Snowfall Protocol (SNW).
With A 1000x Probability, Snowfall Is One of The Most Stable Investments and Safest Bets for Your Bag.
The absence of long-term stability, in contrast to Snowfall Protocol (SNW), is a recurring theme and drawback of Ripple (XRP) and Quant (QNT).
Snowfall Protocol (SNW) takes pride in being the first cross-chain transfer ecosystem designed for fungible and non-fungible tokens. Their cutting-edge dApp allows users to swap assets between chains, facilitating secure asset transfer and cross-chain transactions between blockchains. Snowfall Protocol’s (SNW) multi-chain compatibility puts it ahead of the competition and its utility value ahead of all other platforms that are limited to a single blockchain.
With incredible tokenomics, roadmap, and a seasoned team of experts, Snowfall Protocol (SNW) aims to build a multi-chain future and simplify cross-chain communication by removing technical barriers. Simplified cross-chain communications will in turn level the playing field for every user to participate in their favorite projects.
Snowfall Protocol (SNW) has grown by more than 140% while still in the presale stage, with experts predicting a possible 5000% increase during launch. The second round of presale is currently underway, and time is running out.
Hey, anon! Here’s your last chance to get in on the Quant-killer presale before it hits the markets.
Learn more about Snowfall Protocol (SNW):
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