As per a recent tweet by the Tron community, Tron (TRX) stood #2 in the list of top 5 cryptocurrencies with the highest total value locked. Polygon (MATIC) grabbed the fifth spot in the same list. Tron (TRX) and Polygon (MATIC) have been in the green for their slow yet steady progress. Despite their promising future, experts have recommended investors stock up on Snowfall Protocol (SNW), which will expectedly show immense growth by the end of presale Phase 3. Read on to understand why Snowfall Protocol (SNW) is a preferable investment as against Tron (TRX) and Polygon (MATIC).
Tron (TRX) is in the green for its strong utility
Launched in 2017, Tron (TRX) is a blockchain-based operating system originally meant for creators to earn ownership rights over their unique content. With advancements, Tron (TRX) also started supporting developers in creating and launching DApps using smart contracts. Overall, Tron (TRX) offers a customizable blockchain platform with scalable, efficient, and secure solutions for content creators and app developers.
TRX, Tron network’s native utility token, is used as the platform’s primary medium of exchange. TRX is currently trading at $0.05, approximately 81.66% lower than its all-time-high price of $0.3, as seen in January 2018. Despite the trend, Tron’s (TRX) price is known to remain steady through bearish markets, given its robust utility. However, Tron (TRX) is ideal for investors wanting funds’ security sans growth.
Polygon’s (MATIC) unexpected rise in demand
Launched in October 2017, Polygon (MATIC) is the premier, user-friendly Layer-2 (Ethereum) scaling solution with a flexible framework that supports multiple types of applications. Polygon (MATIC) offers to solve scaling-related problems on various blockchains, thereby stimulating the mass adoption of cryptocurrencies.
Polygon’s native token, MATIC, is used to facilitate smart contracts and carry out transactions over the network. Moreover, MATIC is responsible for securing the network and ensuring smooth governance. MATIC is currently trading at $0.80, about 72.65% lower than its all-time-high price of $2.92. The recent launch of Donald Trump’s NFT collection on Polygon has led to a surge in the MATIC token price. Thus, the MATIC token demand escalated. MATIC entered the list of the top ten tokens purchased in a single day last week. Experts have vouched for Polygon’s price stability through a bear crypto market. However, investors should not expect any immediate profits.
Snowfall Protocol’s (SNW) massive growth potential
Snowfall Protocol (SNW) is the world’s first-ever cross-chain transfer ecosystem, aiming to remove technical barriers in communication across multiple blockchains. With the help of canonical Stablecoin and NFT Bridges, Snowfall Protocol (SNW) envisions building highways enabling millions of users to communicate with their preferred blockchain projects. Snowfall Protocol (SNW) also offers staking benefits where investors can earn rewards and new tokens for participating in the platform’s governance mechanism.
Snowfall Protocol (SNW) native SNW token is responsible for all the transactions carried out on the platform. The SNW token has experienced a massive price surge through the two presale phases. Currently in the third presale phase, SNW has grown 400% from its initial price to hit $0.14. Snowfall Protocol’s (SNW) groundbreaking features and advanced technology promise a bright future for the network. Experts are vouching for a 5000% growth in SNW token price over the upcoming months.
Moreover, the platform’s creators have announced an attractive giveaway of 2500 SNW tokens to buyers who join and refer the current presale to 5 new buyers. The third presale phase is scheduled to end in January 2023, leaving a small window for investors to enter and enjoy the upcoming profits. Therefore, the unique features and a lucrative investment opportunity have given Snowfall Protocol (SNW) an edge over other tokens like Tron (TRX) and Polygon (MATIC).
get in while you can and invest in Snowfall Protocol (SNW) today!!!
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