Why Snowfall is Trending More than ApeCoin and Axie Infinity

However, a new player in the game, Snowfall Protocol (SNW), is stealing the floor from ApeCoin and Axie infinity. Snowfall Protocol (SNW) has proven to be one of the most promising crypto projects to invest in presently. So why is it trending lately? Read on to find out.

Snowfall Protocol is Trending more than ApeCoin and Axie Infinity

Apecoin (APE) is a well-known meme cryptocurrency. It is well known for its impact on the NFT industry. Outside developers also use ApeCoin (APE) to join the ecosystem using the token in their services, games, and other projects. Usually, they use this as a means of reward. For instance, play-to-earn games may offer an ApeCoin (APE) as a reward to the winners.

ApeCoin (APE) represents the future of entertainment and gaming by utilizing blockchain technology and community-driven efforts. It is another metaverse coin. Unfortunately, the coin has been on a downward trend lately since the Metaverse hasn’t recently gained much traction.

Similarly, the Ethereum-based collectible game Axie Infinity (AXS) has recently experienced some success, but its popularity is waning as the novelty wears off.

While these projects provide an enjoyable gaming experience, they lack Snowfall Protocol’s long-term value appreciation potential.

Snowfall Protocol (SNW) recently announced its dAPP prototype, which enables cross-chain transactions. This means users can use it to swap crypto assets across different chains. Moreover, this cross-chain compatibility is available for fungible and non-fungible tokens (NFTs). And this is the reason Snowfall has started trending recently.

Should you invest in the Snowfall Protocol?

The cross-chain transaction is what Axie Infinity (AXS) and Apecoin cannot accomplish. These two projects are both constrained by their own blockchains. Axie Infinity (AXS) and Apecoin (APE) tokens can now be traded between multiple chains thanks to Snowfall Protocol (SNW), with a possible 1000x.

Snowfall Protocol is the first cross-chain transfer ecosystem designed for fungible and non-fungible tokens. This makes it an interesting project that arouses the interest of many investors. It is bridging the gap between all crypto projects, thereby making life easier for the millions of users on the crypto network.

Wrap up

Since Snowfall Protocol (SNW) is resolving the cross-chain transaction issue, it has the potential to grow 1000 times larger. This opens up the full possibility of blockchain technology by enabling the trading of Axie Infinity, Apecoin, and many other tokens across several blockchains. Snowfall’s dAPP is on course to become one of the most promising investments in the blockchain space, as seen by the recently announced prototype.

Find out more about the Snowfall Protocol (SNW):

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.