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Volatility is common in the cryptocurrency market. Some coins thrive with it, while others get entangled in constant losses. Litecoin (LTC) and ApeCoin (APE) are facing the downside of the market’s nature. Presently, investing in these coins is a huge risk for investors. However, Snowfall Protocol (SNW) has emerged as an ideal investment option. Its advanced prototype has gained investors’ attention resulting in amazing value gains. Keep reading ahead to learn more.
Litecoin (LTC) Price Is More Than 55% Down
After hitting a peak value of $412.9 in May last year, Litecoin (LTC) is experiencing a downward spiral. Since May 2021, there has been no significant growth in Litecoin (LTC)’s price valuation. CoinMarketCap report shows that over the period Litecoin (LTC) fell by more than 55%. It went from a price value of $146.43 to merely $62.65 in June.
As of 1st of December 2022, Litecoin (LTC) was trending 81% below its all-time high value. Litecoin (LTC) has been facing several sharp declines and insignificant growth for a while. The situation indicates no sign of Litecoin (LTC) bouncing back into the market alongside its competitors. A recent price data from CoinCodex displayed Litecoin(LTC) selling at $73 for the last 30 days.
The current decline in price has put Litecoin (LTC) in a bearish sentiment. Experts warn that investing in Litecoin (LTC) will not be fruitful in this situation.
Apecoin (Ape) Is More Volatile Than Ever
ApeCoin (APE) is dealing with high price volatility after announcing the sale of its digital land, “Otherdeeds.” The problem with Otherdeeds is its high-priced minting process. ApeCoin (APE) holders were forced to pay $6000 to mint the digital land. On the other hand, many ApeCoin (APE) investors didn’t get to complete minting and lost their Ether coins in the process.
Thus, ApeCoin (APE) encountered an instant drop of $20 on the day of minting. It had a 45% loss within just 2 days after Otherdeeds mint ended. The value went from $26 to merely $14. The most recent price noted for ApeCoin (APE) is $6. The chaotic minting process made ApeCoin (APE) investors take a step back. Thus, it led to a low demand for ApeCoin (APE).
The loss of interest among ApeCoin (APE) investors reflects their lost faith in the digital land minting project. It is difficult for experts to predict the possibility of ApeCoin (APE) recovery due to current volatility.
Snowfall Protocol (SNW) Enters 3rd Pre-Sale Phase With A 300% Rise
Snowfall Protocol (SNW) is an emerging crypto with high potential to compete with existing crypto coins. Recently, Snowfall Protocol (SNW)’s 2nd token pre-sale was sold out a day earlier and raised $3 million. Snowfall Protocol (SNW) has seen a rise of 300% its price during the presale so far.
Snowfall Protocol (SNW) aims to enable interoperability among blockchain platforms with its innovative dApps. Investors believe the launch of the prototype can bring up to 1000% gains in the price of Snowfall Protocol (SNW). Aside from this, it enables Snowfall Protocol (SNW) users to trade both non-fungible and fungible assets.
Round 3 of the pre-sale of Snowfall Protocol (SNW) token is currently going on. Early investors can avail of a 50% bonus. Experts predict that by the time Snowfall Protocol (SNW) launches, its value may see a 5000% rise. The prediction is made based on the popularity of dApps prototype introduced by Snowfall Protocol (SNW). Thus, you can get Snowfall Protocol (SNW) only at $0.095 today, and enjoy big returns after the launch.
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