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OE-OneIndia Staff
Towards the end of 2022, some crypto projects revealed their potential while others fared poorly. The popular altcoin, Litecoin (LTC), showed decent growth during the Christmas holidays, while Bitcoin Cash (BCH) faced an adverse change. As Snowfall Protocol (SNW) approaches the end of its pre-sales, its growth remains immeasurable.
Christmas Is Good For Litecoin (LTC) Users
This year, Christmas proved to be the best day for Litecoin (LTC) users. The token showed astonishing price gains in 24 hours. Since Christmas, Litecoin (LTC) has been showing bullish momentum on its price chart. Litecoin (LTC) coin has crossed the $65 mark and is trending strongly above it.
Litecoin (LTC) was leading Ethereum (ETH) and Bitcoin (BTC) in terms of performance in the first half of Christmas day. Thus, Litecoin (LTC) was awarded the status of “Christmas Day Top Gainer”.
However, Litecoin (LTC) investors are expecting the coin to reach the $100 mark soon. But, according to experts, the recent price momentum does not have the required strength to push the price to $100.
Additionally, Litecoin (LTC) and other cryptocurrencies are still dealing with crypto winter. Thus, Litecoin (LTC) is in no position to meet investors’ expectations anytime soon.
Coinbase Will No Longer Serve Bitcoin Cash (BTC) Users
Coinbase is making some big changes to its ecosystem. One of them is removing under-utilized cryptocurrencies like Bitcoin Cash (BCH) from the trading list. Thus, holders of Bitcoin Cash (BCH) will no longer be able to stake their native tokens on Coinbase wallets.
Bitcoin Cash (BCH) gained a dominant position during the crypto bull market of 2017, but lost huge market share shortly thereafter. Thus, it was added to the list of under-utilized assets.
The announcement caused panic among Bitcoin Cash (BCH) holders as they could lose their Coinbase token holdings entirely. But, Coinbase soon released another statement detailing how Bitcoin Cash (BCH) holders can withdraw their assets. This was a huge relief for Bitcoin Cash (BCH) users.
Bitcoin Cash (BCH) holders can use any other Coinbase-backed non-custodial wallet to transfer and view their assets after January 2023.
Although Coinbase Wallet is delisting Bitcoin Cash (BCH), the Coinbase Exchange app and Coinbase.com will continue to support Bitcoin Cash (BCH).
Investors Rushing To Enter Snowfall Protocol (SNW) Pre-Sale
The third phase of the Snowfall Protocol (SNW) will kick off in less than a week. The token is selling at an affordable price of $0.14, with the potential to provide 5000X returns to pre-sale investors. Many experts are optimistic about the huge benefits for Snowfall Protocol (SNW) after launch. Thus, investors are rushing to buy Snowfall Protocol (SNW) tokens before the pre-sale ends.
The second presale phase of Snowfall Protocol (SNW) ended a day earlier; The same may happen this time as more than 200 million tokens have already been sold.
Snowfall Protocol (SNW) is building a shared platform that can be used by millions of people to interact with different blockchains. This type of cross-chain asset transfer platform has never been created, leading to the demand for the Snowfall Protocol (SNW). The token increased in value by 300% during the initial weeks of the third presale.
Furthermore, Snowfall Protocol (SNW) promises to provide attractive interest in staking. Snowfall Protocol (SNW) has exceptional rewards for VIP members (pre-sale buyers) of the network.
Snowfall Protocol (SNW) is all set to be officially launched in January 2023. Join the Pre-Sale today to be part of the growing Snowfall Protocol (SNW) community and maximize your returns.
Story First Published: Thursday, January 5, 2023 12:13 am [IST]