Snowfall is likely to become a better investment than ADA and BNB next year.
The crypto market has been volatile in the last year and a half. Despite this volatility, some projects prospered, while others failed. One such project that has gained a lot of traction since its launch two months ago is Snowfall Protocol (SNW). Here, the key reasons why Snowfall Protocol (SNW) will be a better investment than Cardano (ADA) and Binance (BNB) in 2023 will be discussed.
Binance (BNB) Partners with Blockchain Center Research Lab for Educational Program
Binance (BNB) has announced in a press release that it will start a nationwide Blockchain education program in Kazakhstan, in partnership with the Blockchain Center research lab. Binance, a major cryptocurrency exchange, aims to prepare college students in the Central Asian country of Kazakhstan for careers in the cryptocurrency sector.
According to the announcement, by 2026, Binance (BNB) plans to train in Blockchain more than 40,000 students at educational institutions across the Central Asian country. While the crypto winter continues to cause the token to decline, Binance has engaged with officials from neighboring Kyrgyzstan and Azerbaijan to discuss expanding its footprint in the region.
Binance may be making headlines for all the right reasons, but its current investors haven’t fared so well. In the last month, Binance has lost 23% of its value, currently trading at $242.79, which is a 64.86% decline from its all-time high.
Cardano (ADA) Launches Social Network Called “Cardano Spot”
Founding member of the Cardano (ADA) Blockchain, 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.
Only time will tell if the introduction of Cardano Spot makes any difference to the growth of Cardano as a cryptocurrency. So far, the Cardano price charts do not look convincing. ADA has fallen more than 17% in the last month and 50% in the last six months. At the current trading price of $0.26, Cardano is 91% below its all-time high.
Snowfall Protocol (SNW) in its Last Stage of Presale
Investors are drawn to Snowfall Protocol (SNW) for more than just its exceptional value and rate of growth. According to crypto experts, there is huge potential in the Blockchain industry for SNW.
The Snowfall Protocol team has created an interactive and easy-to-use platform, for users regardless of their technical background. SNW is moving at an extraordinary pace due to its immense potential. So far, more than $3 million has been raised through pre-sale sales.
The value of Snowfall Protocol tokens has increased by 250% from the second phase to the third phase, with more gains expected in the future. According to analysts, Snowfall Protocol could soon increase by 5000%, by the time it launches. Therefore, this appears to be the perfect time to buy SNW.
By Audy Castaneda