Can Snowfall Protocol (SNW) become as popular as Polygon (MATIC) and Monero (XMR)!

Polygon (MATIC) and Monero (XMR) are among the most popular cryptocurrencies. But a new project, Snowfall Protocol (SNW), is quickly gaining traction among investors who have suffered in the wild ride of cryptocurrencies since May 2022.

On the price front, Snowfall Protocol (SNW) has outplayed many top-ranking cryptocurrencies, including Polygon (MATIC), and Monero (XMR), even as it is still in the first phase of presale. Polygon (MATIC), Monero (XMR) and Snowfall Protocol (SNW) have their own set of unique features that make them a value addition to one’s crypto portfolio. In this article, we take a look at why Snowfall Protocol (SNW) has the potential to become as popular as Polygon (MATIC) and Monero (XMR).

Snowfall Protocol (SNW) can be the next multibagger token

Snowfall Protocol (SNW) has the potential to be the next multibagger token for cryptocurrency investors. Analysts are predicting that Snowfall Protocol (SNW) could be the next 1000x token. In the first phase of presale, the price of Snowfall Protocol (SNW) has jumped 80% to $0.009.

As many as 95 million Snowfall Protocol (SNW) tokens have been offered in the first phase of presale at a price of $0.005. With investors showing much interest in Snowfall Protocol (SNW), it is expected to surge higher in the coming months.

Given the unique features of Snowfall Protocol (SNW), this blockchain project also has the potential to become as popular as Monero (XMR), and Polygon (MATIC). Snowfall Protocol (SNW) is designed to make inter-blockchain communication efficient and streamlined. The platform makes it easy to move freely across chains by removing technical barriers. Snowfall Protocol (SNW) facilitates secure transfer and cross-chain transactions of fungible and non-fungible assets.

Polygon (MATIC) recovers after fall

Polygon (MATIC) is currently the 11th biggest cryptocurrency by market capitalization and one of the most popular blockchain platforms for Ethereum scaling and infrastructure development.

The price of Polygon (MATIC) has been rising since falling to a low of $0.34 in June, in the wake of the market crash from May. Polygon (MATIC) price rose above the $1 mark on August 14 and it has traded mostly around this range since then.

In the last 30 days, Polygon (MATIC) has jumped around 17%. According to CoinmarketCap data, Polygon (MATIC) is currently trading at around $0.8232, down 72% from the all-time high (ATH) price of $2.92.

The blockchain platform was recently in the news after decentralized money market and investment loan protocol, PAXO Finance, launched its Alpha Mainnet on Polygon.

Monero (XMR) remains popular

Monero (XMR) is currently trading around $140, down 73% from the ATH of $517.62 on May 7, 2021. The struggles of the crypto markets in 2022 have prevented Monero (XMR) from moving to a higher price. But as a leading privacy blockchain, Monero (XMR) remains as popular as earlier by being on the watchlist of 313,430 users, according to CoinMarketCap.

Monero (XMR) has gained popularity because of its focus on privacy and decentralization. The blockchain platform was recently in the news after threat awareness platform, HackNotice, announced it will accept Monero (XMR) as a payment method along with Bitcoin.

get in while you can and invest in Snowfall Protocol (SNW) today!!!