Snowfall Protocol (SNW) is a trending coin in the cryptocurrency market for its commitment to keeping its prices solid and facilitate communication among blockchain networks.
Since Snowfall Protocol (SNW) is living up to its predictions in its presale, many Huobi Token (HT) and Chiliz (CHZ) holders are staking their coins on Snowfall Protocol (SNW) for stable yields.
This article examines why Snowfall Protocol (SNW) is gaining traction while coins like Huobi Token (HT) and USD Coin (USDC) struggle to compete.
Huobi Token (HT): Current Price Decline Repels Holders
Huobi Token (HT) is a decentralized digital asset on the Ethereum blockchain. As a Huobi Global native token, Huobi Token (HT) allows users to receive VIP status plans and discounts during transactions. Huobi Token (HT) holders have a vote on significant exchange deliberations and can access exclusive events. In addition, if users decide, they can trade Huobi Token (HT) for other coins.
The perks associated with Huobi Token (HT) are why many love to own the Huobi Token. However, its recent price unpredictability is luring users to a more solid coin like Snowfall Protocol (SNW).
Huobi Token (HT) has fluctuated in the past week and has declined by 3.10% at the time of writing this article. Consequently, Huobi Token’s (HT) current downturn lures traders to a worthwhile alternative like Snowfall Protocol (SNW).
Chiliz (CHZ): Experiences Less Demand as Price Declines
Chiliz (CHZ) is the Chiliz blockchain network’s native token that facilitates the Socios fan engagement app and allows sports enthusiasts to buy fan tokens on the Chiliz sports platform.
Chiliz (CHZ) also gives holders the right to vote for their best teams, access special platforms, and gain rewards. Chiliz (CHZ) has experienced its ups and downs since its launch, experiencing an all-time low of $0.004001 in 2019 and an all-time high of $0.8915 in 2021, increasing its market cap to $1 billion.
Currently, Chiliz (CHZ) price has declined a great deal, and holders are shifting their focus to other worthwhile coins. This year, Chiliz (CHZ) has experienced a price downturn of -43.06% and has reduced by 0.66% in the last 24 hours.
Snowfall Protocol (SNW): The New Kid on the Block Gaining Attention
Snowfall Protocol (SNW) is an emerging coin offering unique perks that Huobi Token (HT) and Chiliz (CHZ) don’t provide. As a first cross-chain token transfer ecosystem, users can swap between fungible and non-fungible tokens. Consequently, it can operate among several blockchain platforms and allow many users to interact with each blockchain.
Experts predict the Snowfall Protocol (SNW) to provide users with astounding gains, and it’s happening. Snowfall Protocol (SNW) price increased by 300% from high demand in the first phase of its presale. It also completed its second presale phase selling 100 million coins and releasing a preview of its new D’App.
Snowfall Protocol (SNW) currently sells at $0.075; click the links below to get onboard.
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
