Cryptocurrencies Price Prediction: Snowfall Protocol, Dogecoin (DOGE), and Shiba Inu – European Wrap 11 January


Dogecoin (DOGE) and Shiba Inu are notable meme coins and one of the top cryptocurrencies by market cap. However, the bearish market outlook of cryptocurrencies in the past few weeks has caused the value of both coins to decline by a significant percentage.

Snowfall Protocol, a newer project with innovative use cases, has gained massive traction due to its importance in eliminating technical barriers among blockchain networks. The project is currently in the fourth presale stage, and experts predict its price may clinch 1000x. Read on to learn more about the price predictions of Dogecoin (DOGE), Shiba Inu (SHIB), and Snowfall Protocol (SNW).

Dogecoin (DOGE) Price Prediction

Dogecoin (DOGE) is undoubtedly the king of meme coins. The coin started as a joke to satirize the hype around cryptocurrencies. However, it surprisingly rose to prominence with the rise in the adoption of meme coins as an alternate crypto investment option in 2021.

At its peak, Dogecoin (DOGE) gained momentum and broke above previous highs to create a new all-time high price of $0.73 back in May 2021. After a 6-month bullish trend, DOGE price fell by 93% to $0.055 in June 2022. Dogecoin (DOGE) is unarguably one of the most underperforming tokens for many months.

It maintains the bearish trend with a current price of Dogecoin (DOGE) is $0.08. So far this year, DOGE has gained more than 9%. Still, it has $9 billion in market cap. However, despite its unimpressive performance, Dogecoin (DOGE) always has an element of surprise since it depends on community participation. Analysts predict the token will reach up to $0.1 by 2025 and $2 before 2031.

Shiba Inu Price Prediction

Shiba Inu is the ERC20 token of the Shiba Ecosystem. Like Dogecoin (DOGE), Shiba Inu started as a meme coin with little to no utility. However, newer use cases and the development of web3 elements within the Shib Ecosystem changed the story.

Shiba Inu was one of the top performers in 2021 and 2022. To illustrate how excellent Shiba Inu’s price rise was, if you invested about $100 after its launch in 2020, you’d get more than $10 million in 2021. Most analysts couldn’t believe the astronomic rise but think that Shiba Inu may never see its previous ATH price of $0.00088 anymore. The token’s price is $0.0000097, about a 10% rise so far this year.

Introduction of notable use cases, like The ShibaSwap, exchange swap, Shiba Inu metaverse, and Shibarium. Meanwhile, experts think the token’s price will outperform its peers and grow by at least 200%.

Snowfall Protocol Showing Unreal Potentials

While other meme coins are struggling to maintain their presence and value, Snowfall Protocol (SNW) has gained the spotlight due to its unique potential to revolutionize the crypto space. The protocol is a new interoperable architecture that brings low fees and cost-effective asset transfer closer to mainstream adoption.

While many existing cross-chain bridges exist, Snowfall Protocol (SNW) stands out as the first and most efficient solution that supports both fungible and nonfungible asset transfer. You heard that right! With its wrap and swap mechanism, you can transfer your NFTs across over 200 EVM and non-EVM chains.

Snowfall Protocol (SNW) features an ingenious interchain transfer solution for your cryptocurrencies. With the canonical token bridge, users can easily transfer their crypto assets to any chain or transfer them back swiftly and securely. This way, users, especially developers, can enjoy a low-cost, high-speed, flexible, and scalable asset transfer solution.

Currently, in its presale stage, Snowfall Protocol has raised more than $3 million in a few days after launch. Snowfall Protocol token (SNW) is trading for $0.182 in the fourth presale stage, and experts are confident that early investors can gain more than 1000x.

Its use cases and demand have skyrocketed the token price over the roof, and this is your chance to make life-changing profits! Investors are not slowing down anytime soon, so you can buy Snowfall Protocol tokens by signing up for presale and securing your position.



Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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