After a prolonged bearish slump over crypto winters, investors are now gearing up to park their funds in the most attractive projects that help them recover their stagnant portfolio.
With the holiday season around the corner, major crypto projects are launching upgrades or forks in the upcoming year to keep up with the ever-increasing competition. Established projects like Dogecoin (DOGE) and Shiba Inu (SHIB) are braced for significant developments, while newer projects like Snowfall Protocol (SNW) are posing tough competition against them. Read on to find out why investors are eagerly waiting for these projects: Dogecoin (DOGE), Shiba Inu (SHIB), and Snowfall Protocol (SNW), to excel in January 2023.
Elon Musk's SpaceX Falcon 9 will be launching in January 2023. According to his May 2021 tweet, the mission will be fully paid in Dogecoin (DOGE), making it the first meme-coin to enter space. The tweet boosted the Dogecoin (DOGE) price to an all-time high of $0.74, while it's currently trading at an approximately 90% lower price of $0.074.
Therefore, the price of Dogecoin (DOGE) may pick up in mid-January, following Musk's space venture. However, Dogecoin (DOGE) has some structural limitations related to supporting Smart contracts. The platform can successfully sustain payments, but the demand for DeFi applications and NFTs over the platform may weigh it down. Only time will tell if Dogecoin (DOGE) can survive in space or if the pressure weighs its price lower.
In a recent tweet, Shiba Inu's (SHIB) lead developer, Shytoshi Kusama, announced the launch of Shibarium, the platform's layer-two scaling solutions. Shibarium will help Shiba Inu (SHIB) compete with various Ethereum scaling solutions like Polygon (MATIC). Therefore, the update is expected to boost the price of SHIB tokens with the launch in 2023.
At present, Shiba Inu (SHIB) tokens are trading at $0.0000079, an alarming 90% lower than the all-time-high price of $0.000088, as seen in October 2021. According to experts, the SHIB token price may see a 100% gain with the launch of Shibarium. Shibarium will bring scaling opportunities for this meme-coin platform. Developers and users will be able to trade NFTs, deploy dApps, and use the Metaverse within the Shiba Inu ecosystem. Consequently, Shiba Inu (SHIB) will attract more users, investors and developers, pushing the token price up, at the time of the Shibarium launch.
Snowfall Protocol (SNW) is scheduled for launch on January 3, 2023. The crypto market is excited to see how the SNW token will perform on the exchange. During the presale, Snowfall Protocol (SNW) has grown a promising 400% to hit $0.14, after successfully selling over 200 million tokens. Experts are expecting a four-digit growth in the SNW token price through the first few months of launch. Here's what makes Snowfall Protocol (SNW) so unique and promising.
Being the first-ever cross-chain transfer ecosystem, Snowfall Protocol (SNW) is thoughtfully built to support a multi-chain future of the crypto industry. Using stabecoin bridges and NFT bridges, Snowfall Protocol (SNW) envisions removing technical barriers, such that users can effortlessly communicate with their preferred blockchain network. Snowfall Protocol (SNW) will allow for the swap of fungible and non-fungible tokens across EVM and non-EVM compatible chains. Moreover, Snowfall Protocol (SNW) will also offer attractive staking benefits and rewards for investors.
At present, Snowfall Protocol has announced an exclusive giveaway of 2500 SNW tokens for investors who join and refer the current presale to five new users. With unmatched technology, attractive offers and unique features, Snowfall Protocol (SNW) is all set to shake up the cryptocurrency market in January 2023.
Therefore, now is the right time for investors who wish to win lucrative gains from these bullish tokens, the most promising one being Snowfall Protocol (SNW), as opposed to memcoins like Shiba Inu (SHIB) or Dogecoin (DOGE).
get in while you can and 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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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.