The crypto market has been volatile in the past year and a half. Despite this volatility, some projects have thrived while others have failed. One such project that gained major traction since it was launched two months ago is Snowfall Protocol (SNW). In this article, we will discuss the key reasons why Snowfall Protocol (SNW) will be a better investment than Cardano (ADA) and Binance (BNB) in 2023.
Binance (BNB) has announced in a press release that it will begin a nationwide blockchain education program in Kazakhstan in partnership with the Blockchain Center research lab. Binance (BNB), a major cryptocurrency exchange, aims at preparing college students in the Central Asian country of Kazakhstan, for careers in the cryptocurrency sector.
According to the announcement, Binance (BNB) plans to train over 40,000 students in blockchain by 2026 at educational institutions across the Central Asian country. While the crypto winter continues to cause declines for the token, Binance (BNB) has been engaging with officials in neighbouring Kyrgyzstan and Azerbaijan to discuss expanding its footprint in the region.
Binance (BNB) may be making headlines for all the right reasons, but its current investors haven’t fared so well. In the last month, Binance (BNB) has lost 23% of its value. Binance (BNB) is currently trading at $242.79, which is a 64.86% decrease from its all-time high.
Cardano (ADA) launches social network called “Cardano Spot”
The Cardano (ADA) blockchain’s founding member, EMURGO Group Pte. Ltd., has announced the formation of a new business company, EMURGO Media, to develop media-related products and services for the Cardano ecosystem.
Cardano Spot is the first product released by EMURGO Media, and it serves as a social network and information hub for the Cardano (ADA) community. Cardano Spot is a platform that aggregates high-quality content from reputable members of the Cardano (ADA) community to provide readers with the most recent information on the ecosystem’s progress and address the problem of content fragmentation.
Only time will tell if the introduction of Cardano Spot makes any difference to the growth of Cardano (ADA) as a cryptocurrency. So far, the price charts of Cardano (ADA) do not look convincing. Cardano (ADA) has dropped over 17% in the last month and 50% in the past six months. With the current trading price of $0.26, Cardano (ADA) is 91% below its all-time high.
Snowfall Protocol (SNW) in its last presale stage
Investors are drawn to Snowfall Protocol (SNW) for more than just its exceptional value and growth rate (SNW). As per crypto experts, there is tremendous potential in the blockchain industry for Snowfall Protocol (SNW). For instance, Snowfall Protocol (SNW) removes the barriers that limit asset transfer within different kinds of blockchains. Both fungible and non-fungible tokens can be moved from one blockchain to another seamlessly, via theSnowfall Protocol (SNW), without the need for third-party services.
Snowfall Protocol (SNW) team has created an interactive and easy-to-use platform for users regardless of their technical backgrounds. Snowfall Protocol (SNW) is moving at an extraordinary pace because of its immense potential. More than $3 million has been raised through presale sales so far.
The value ofSnowfall Protocol (SNW) tokens has increased by 250% from the second phase to the third, and more gains are expected in the future. As per analysts, Snowfall Protocol (SNW)could soon increase by 5000% by the time it launches. Therefore, this is the perfect time to buy Snowfall Protocol (SNW).