Crypto Investors consistently search for strong crypto projects to invest in. Though cryptocurrencies like Eos (EOS) and The Sandbox (SAND) couldn’t perform as expected, the new crypto, Snowfall Protocol (SNW), is emerging as a fruitful investment. Its price jumped from $0.005 to $0.14 within weeks. Keep reading ahead to learn more about Snowfall Protocol (SNW), and why it is a better investment compared to Eos (EOS) and The Sandbox (SAND).
Eos (EOS) Sees A 10.05% Drop In 14 Days
In 2022, Eos (EOS) community made significant product launches to enhance its network performance. It introduced a new yield product for investors, and a new Antelope protocol. But this approach backfired on the Eos (EOS) community as tokens experienced a sharp fall after the launches.
Throughout the year, Eos (EOS) struggled to live up to the expectations of investors. Till early December 2022, mild progress in price was seen when Eos (EOS) was trending between $0.90 to $1.04. But the last 14 days’ data show a sharp decline in the price by 10.05%. The current year-to-date price of Eos (EOS) is 70.3% down. Eos (EOS) price is currently fluctuating between $0.879059 to $0.8904.
Price prediction for Eos (EOS) by Wallet Investor suggests it to be a bad investment for 2023. Prediction states that Eos (EOS) price can fall to $0.1059 within the next year. The insignificant price growth of Eos (EOS) over the last few years has caused investors to lose interest in this project.
The Sandbox (SAND) Performs Lower Than Expectations
Currently, The Sandbox (SAND) is trending at $0.44225. It is expected to rise by 8.11% in the next 5 days and reach $0.47957. Though the price predictions for The Sandbox (SAND) show an upturn in price charts, investors are unsatisfied. The Fear And Greed index of The Sandbox (SAND) shows a Fear value of 28. It means The Sandbox’s (SAND) performance hasn’t been convincing for investors. It could be the result of unfavorable long-term price fluctuations of The Sandbox (SAND).
Despite an expected rise in the next 5 days, The Sandbox (SAND) is 29.77 down from the last 14-day. Moreover, 22 technical indicators predict a bearish pattern for The Sandbox (SAND) in the upcoming months.
Wallet Investor price forecast suggests The Sandbox (SAND) to be a high-risk investment option for the next 1 year. There is also a possibility that current investment will get devalued in the next few months. As per the 1-year forecast, The Sandbox (SAND) price might drop to $0.1042. Thus, The Sandbox (SAND) is failing to attract investors who prefer good returns.
Snowfall Protocol (SNW) Emerging As A Winner
Snowfall Protocol (SNW) features an innovative dApp prototype, which is compatible with non-EVM and EVM chains, provides cross-chain asset swaps (fungible and non-fungible), and offers many other advanced solutions. The futuristic approach of Snowfall Protocol (SNW) enabling cross-chain transfers has made it one of the hottest crypto projects in the market.
Its 2nd presale phase sold out a day earlier. The 3rd presale phase of Snowfall Protocol (SNW) is live and will end in less than 2 weeks. The token is leading with a 400% price rise. Snowfall Protocol (SNW) has sold over 195 million tokens to date, yet, the number of buyers for Snowfall Protocol (SNW) is steadily increasing.
Investors are impressed by Snowfall Protocol (SNW) growth trajectory resulting in its presale success. Snowfall Protocol (SNW) has a lot to offer to its early adopters. Experts predict up to 5000% gains to early investors after token launch in January 2023. Thus, if you haven’t already, buy Snowfall Protocol (SNW) tokens on presale today and receive the best returns later!
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
