Looking to Profit During the Bear Market? Avoid Eos (EOS) and Cardano (ADA): Choose Snowfall Protocol (SNW)

1 year ago 54

Looking to Profit During the Bear Market? Avoid Eos (EOS) and Cardano (ADA): Choose Snowfall Protocol (SNW)

The year 2022 has not been a profitable year for Cardano (ADA) and Eos (EOS). Both crypto projects have shown below-average growth throughout the year. Investors are showing less interest in putting their money into these two crypto projects, and are seeking a better avenue to invest in. A new crypto, Snowfall Protocol (SNW), seems to be an amazing option as its presale is already performing extremely well.

Thus, Snowfall Protocol (SNW) can overshadow Cardano (ADA) and Eos (EOS) in no time with its rapid gains.

Cardano (ADA) Needs Significant Improvements

Cardano (ADA) has been around since 2017, yet it requires work on its platform. To begin with, Cardano (ADA) has not finalized rules for its smart contracts and tokens. In fact, Cardano (ADA) isn’t capable of running dApps and Smart Contracts over its network, which is a serious drawback. Moreover, due to the fewer validators on the Cardano (ADA) network, its transactions per second volume is not increasing.

Cardano (ADA) also failed to live up to its early promises to investors. Over the years, Cardano (ADA) managed to offer a below average return on investment, and showed a bearish pattern.

Cardano (ADA) is currently trending at $0.258, which is 0.0479% drop from its last price. Wallet Investor predicts Cardano (ADA) will fall from $0.258 to $0.00684 within the next year. Cardano (ADA) is 97.348% below its all-time high.

Eos (EOS) Investors Facing Issues With The Network

After its launch, investors experienced problems interacting with the Eos (EOS) network. In 2018, Eos (EOS) block producers froze 34 accounts that were suspected of containing stolen tokens. It was frustrating to account holders as no proper explanation was given to them for the action.

A decentralized network like Eos (EOS) has no legal authority to freeze any accounts in its network. The incident caused the Eos (EOS) community to lose trust in the crypto project. It raised doubt about the legitimacy of decentralization of the Eos (EOS) platform.

Investors and Eos (EOS) account holders doubt that the platform does not provide complete transparency on its operations. Despite following a consensus mechanism, Eos (EOS) does not involve the opinions of the community in making important decisions.

These issues caused Eos (EOS) to underperform in the market. Its recent price is predicted to go down by 1.23% in the next 5 days. Technical indicators show 83% of bearish patterns for Eos (EOS) in the upcoming months.

Snowfall Protocol (SNW) Is Making Its Way To The Top

Snowfall Protocol (SNW) offers advanced cross-chain solutions and features. Snowfall Protocol (SNW) focuses on providing asset swaps and frictionless interoperability among different blockchains. Investors are impressed by the dApp prototype published by Snowfall Protocol (SNW). Thus, more buyers are showing interest in investing money into Snowfall Protocol (SNW).

Its 2nd presale was sold out quicker than expected, and yielded a 300% rise in prices. Snowfall Protocol (SNW) is performing beyond the expectations of its developers. Its initial price jumped from $0.005 to $0.14 within a few months.

Crypto analysts have predicted a bullish run for Snowfall Protocol (SNW) with a 1000% raise in the next 6 months. Thus, if you haven’t already, book your Snowfall Protocol (SNW) token today and get ready to receive a higher raise.

Invest in Snowfall Protocol (SNW) today!

Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin

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