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2023 has driven a lot of positive sentiment and optimism to the crypto market. However, Snowfall Protocol (SNW) remains a unique project that has piqued everyone's interest. Unsurprisingly, its ingenious use cases are a sight to behold for many enthusiasts. What more could any investor dream about?
The Snowfall Protocol (SNW) community is hyped, and token values are pumped. Threshold (T) and Polygon (MATIC) buyers are moving their assets to the protocol as the launch is nigh. This article will analyze the price predictions of Snowfall Protocol (SNW) and why it is a better investment option than Polygon (MATIC) and Threshold (T).
For months, market bears held Threshold (T) tokens at a chokehold between a narrow $0.015 and $0.025 price range. Then, thanks to the intervention of market bulls, Threshold (T) came out with bullish sentiment as the data security protocol saw a 94% push to the upside.
While many believe the sudden surge in Threshold (T) price is the beginning of a bull run, many investors are selling their tokens for more innovative projects like Snowfall Protocol (SNW) because the moves looked like a fakeout. As a result, demand for the Threshold (T)token has decreased, and its price is trading below weekly highs. Meanwhile, a break above the key resistance levels at $0.12 may confirm a bullish run.
Polygon is a user-driven project that has focused on improving scalability and usability. The Ethereum-based layer-two solution announced and implemented major upgrades to improve its scalability. However, Polygon (MATIC)’s price did not see any significant growth.
The hard fork upgrade was done to address scalability
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