Home Community Insights Helium (HNT) and Chain (XCN) dip into lows as Snowfall Protocol (SNW) continues its growth trend!

Helium (HNT) and Chain (XCN) dip into lows as Snowfall Protocol (SNW) continues its growth trend!

Helium (HNT) and Chain (XCN) dip into lows as Snowfall Protocol (SNW) continues its growth trend!

Most people interested in crypto want to invest in tokens and earn good returns, as the industry offers better returns than conventional investment avenues. Since the mainstream investment systems have failed to give fair returns and the rising economic slowdown, investors want to pick good options in the blockchains to build a strong and safe income stream.

Blockchain and the new decentralized financial systems that are possible because of it are helping people reimagine all financial work. Decentralized finance, or DeFi as it is popular now, envisions an open and worldwide financial system built for digital assets. It is ideologically provided as a substitute for a conventional system that’s inflexible, biased, and held together by outdated systems and procedures.

However, like any fair market, there are always losers and gainers that rise and fall according to market demand. The top performers lead on the basis of the utility they offer to their investors and users. In these, the Snowfall Protocol (SNW) is among the top rising cryptos right now, pushing out Helium (HNT) and Chain (XCN) in terms of capital growth.

Helium (HNT)

Helium (HNT) was started to offer utilities specific to the internet of things (IoT-) and was therefore popular with users working on the internet of things.  While Helium (HNT) also addresses issues in its exclusive niche as much as possible, the coin faces multiple challenges that make things turbulent.

The primary issue is that Helium (HNT) has a very high gas fee, and its transaction costs are also very high. This is a significant reason why it constantly fluctuates in and out of the gainers’ lists. Helium (HNT) has also been recently impacted indirectly by the FTX security breach, and its prices have been wobbling since

Chain (XCN)

Chain (XCN) is a blockchain that is supported by famous investment capital firms like Khosla Ventures (KV), Pantera Capital (PC), Capital One, and Nasdaq. Chain (XCN) uses crypto technology to push its visions of a more creative and linked economy.  However, such sponsored chains are usually seen with skepticism as they push the centralized finance versions of transaction processing and are received with caution by genuine crypto users.

Snowfall Protocol (SNW)

The Snowfall Protocol (SNW) is virtually the opposite of the Helium (HNT) and Chain (XCN) tokens. The platform addresses the obstructive practices of most blockchains and decentralized platforms and enables cross-chain and multi-chain user needs.

Snowfall Protocol (SNW) accomplishes this by presenting options for users that make it simple to transmit their crypto assets over multiple chains. Snowfall Protocol (SNW) makes it stress-free for crypto users to perform cross-chain processes and implement a multi-chain investment portfolio to earn better returns than single-chain portfolios.

Snowfall Protocol (SNW) offers users a simple software platform, making cryptocurrencies available to a more significant number of users. Snowfall Protocol (SNW) aspires to grow in the cryptocurrency market by giving it is trading users an efficient decentralized finance solution.

The Bottom-Line

As investors, we must assess the most promising cryptocurrencies and exchanges to ensure we do not miss attractive opportunities. As market analysts, investors’ interests are undoubtedly compatible with investing in the Snowfall Protocol (SNW) pushing out Helium (HNT) and Chain (XCN).


Click the links below to Learn more now!

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

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