2022 has been an unpredictably chaotic year for the cryptocurrency market. With newer cryptocurrencies being added to the list, traditional and low-utility tokens are losing value. Investors have realized the importance of advanced technology and the better utility of crypto projects. Consequently, projects with significant practical relevance are seeing higher demand. One good example of the same is Snowfall Protocol (SNW), which has gained 400% through the ongoing presale. Contrastingly, Terra (LUNA) is losing value, and Terra Classic (LUNC) is launching an upgrade to improve investors’ experience with the platform. Read on to understand which platform is expected to show mammoth growth through the coming months.
Terra (LUNA) may experience a continued downtrend
Terra (LUNA), launched in May 2022 following the infamous Terra collapse, is the new altcoin of the Terra 2.0 blockchain platform. Terra (LUNA) has received wavering attention from the Terra Classic (LUNC) community, which constantly overshadows LUNA. As a result, Terra (LUNA) has seen minimum price movements since the launch.
At present, LUNA, Terra’s native token, is trading at $1.31, approximately 93% lower than the all-time-high price of $19.54, as seen in May 2022, at the time of launch. With little hope of revival, LUNA is expected to trade around the current price for the upcoming months. Thus, it's causing LUNA investors to feel stuck and helpless. Experts have recommended LUNA investors look for better alternative investments like Snowfall Protocol (SNW), which is aiming for whopping gains.
Tera Classic (LUNC) investors are hopeful of development plans
Ranked #40 in the cryptocurrency market, Terra Classic (LUNC) is a blockchain protocol that powers price-stable global payment networks. Terra Classic (LUNC) gained popularity for offering fast and affordable transaction settlements by combining price stability and easier adoption of fiat currencies back in April 2019. Recently, Terra Classic (LUNC) announced the launch of regular upgrades and developments to improve the usability and operational functionalities of the protocol. According to developers, these upgrades will help Terra Classic (LUNC) bounce back and regain relevance in the crypto market.
Currently trading at $0.000154, Terra Classic’s native LUNC token is expected to grow over the upcoming months. However, investors cannot expect the price to reach the ATH price of $119.18 (as seen in April 2022), as the current Terra Classic (LUNC) price is approximately 100% lower. However, experts are optimistic about a bullish trend, wherein Terra Classic’s (LUNC) price can hit $1.
Snowfall Protocol (SNW) set for skyrocketing gains
Snowfall Protocol (SNW) is cryptocurrency’s premier cross-chain communication powering blockchain platform. Already paving the way for a multi-chain future, Snowfall Protocol (SNW) unique features, advanced technology, and futuristic vision have impressed the crypto community. Currently in the final presale stage, Snowfall Protocol (SNW) has already experienced 400% gains and bagged over $3 million. Here’s everything you need to know about Snowfall Protocol (SNW).
Snowfall Protocol (SNW) offers Stablecoin and NFT Bridges to allow transfer across EVM and non-EVM compatible chains using canonical bridging. Snowfall Protocol (SNW) aims to remove technical barriers to the cross-chain transfer of fungible and non-fungible tokens, allowing crypto enthusiasts to engage with their preferred networks. Moreover, Snowfall Protocol (SNW) also offers benefits to investors for participating in monthly raffles and staking the SNW governance token. Overall, Snowfall Protocol (SNW) deploys state-of-art technology for making cross-chain communication an effortless reality.
SNW is Snowfall Protocol’s native utility token, responsible for all transactions within the platform. The initial success of the platform is evident as the SNW token has gained over 400% in value to reach the current price of $0.182. Moreover, experts are optimistic about a further 5000% rise in token price as the final presale phase ends and the token is launched. Therefore, investors looking for attractive profits must park their funds in Snowfall Protocol (SNW) before it’s too late.
get in while you can and invest in Snowfall Protocol (SNW) today!!!