For a long while, Binance (BNB) and Dogecoin (DOGE) have shown no significant growth in price. This has made investors seek better cryptos for investment.
Seemingly, Snowfall Protocol (SNW) is their best bet right now. The token has shown an impressive rise since its presale. The innovative cross-chain solutions by Snowfall Protocol (SNW) have helped it gain a 300% price raise. Let’s learn more about these three tokens in this article.
Experts calling Dogecoin (Doge) a risky investment
Investors of the meme-based virtual currency, Dogecoin (DOGE), are witnessing a constant decline in its price chart. Dogecoin (DOGE) managed to increase by $0.11 during its 15-day recovery process, which is significantly slow. The token failed to sustain this gain for a long time.
For the past 7 days, Dogecoin (DOGE) has been experiencing a price decline by 9.69 %. The current situation makes it clear that Dogecoin (DOGE) might go under high selling pressure soon.
In the last few hours, Dogecoin (DOGE) showed a gain of 1.01%, but it is still 87.89% below its all-time high of $0.682. Dogecoin (DOGE) investors can assume the high possibility of a long-term bearish sentiment for Dogecoin (DOGE) in the coming months.
Experts say any further price drop can result in a huge market collapse for Dogecoin (DOGE).
Binance (BNB) price went 5.48% down in 24 hours
As per CoinDesk’s price prediction for Binance (BNB), it might reach $275.13 in the next 4 days. It shows that Binance (BNB) has a price decrease of 1.03%. Compared to the peak value achieved by Binance (BNB) in May last year, it has decreased by 50.93%. In 2021, Binance (BNB) was trending at $689.33, while currently, it has dropped to $386.87.
Such a drastic price drop of Binance (BNB) sparked an investigation by the DOJ on Binance (BNB) executives. They were charged with money laundering. Binance’s (BNB) tweet from its official account displayed disappointment in such an action taken against the company.
Thus, Binance (BNB) investors are showing a negative outlook on the token market. The current value of 27 on its Fear and Greed index confirms investors’ lost faith in Binance (BNB) project.
Snowfall Protocol (SNW) raised a quick 300% gain
The previous news on the success ofSnowfall Protocol (SNW) showed that it had surged by 250% by the end of its 2nd pre-sale. Snowfall Protocol (SNW) has further gained a 50% increase in value. Thus, Snowfall Protocol (SNW) has acquired a total of 300% gain compared to its initial value, within a few weeks.
Snowfall Protocol (SNW) has begun its 3rd presale phase. During the early days of the 3rd presale phase, its per unit price jumped from $0.075 to $0.095. Experts strongly agree on the possibility of a further rise in Snowfall Protocol (SNW) prices.
The consistent increase in the price ofSnowfall Protocol (SNW) makes it a promising investment. The positive price jump results from investors’ belief in the scaled-up dApp prototype launched by Snowfall Protocol (SNW). The seamless interpolation between cross-platforms enabled by Snowfall Protocol (SNW) is attracting more token buyers.
Thus, you must make no delay; buy Snowfall Protocol (SNW) today, and enjoy higher gains after launch.
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
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