Sharks accumulates $83M in Cardano (ADA) in 6 weeks, Top Solana (SOL) NFT collectibles migrate to Polygon (MATIC), Snowfall Protocol (SNW) sells over 200 million tokens in 2 months
The cryptocurrency market is an exciting place right now. With so many new projects and coins emerging, it can be difficult to decide which one to invest in.
In this article, we will discuss the latest developments in some of the most well-known cryptos on the market today: Snowfall Protocol (SNW), Cardano (ADA), and Polygon (MATIC).
Cardano (ADA) Sharks Buy 11% of Total Supply
Over the past two months, the Cardano (ADA) shark has been active again. Since early November, these Cardano (ADA) wallets have accumulated hundreds of millions of dollars worth of the token. As of early November, these wallets accounted for approximately 10.5% of the entire Cardano (ADA) supply. In comparison, the percentage currently stands at 11.60%, almost 6 weeks later, after purchasing an additional 330 million Cardano (ADA) tokens for a total of $83,000,000. A significant increase in shark buying could have long-term effects on the value of digital assets. With such a large influx of investment, the value of Cardano (ADA) is likely to rise. Although Shark Movement aims to reverse the downward trend that Cardano (ADA) has been experiencing, current market conditions have prevented this trend. Over the past 30 days, Cardano (ADA) has lost 18% in value to $0.26.
Has been struggling. The price of Polygon (MATIC) has dropped approximately 70% from $1.60 a year ago to $0.81 currently.
Snowfall Protocol (SNW) favored by millions of cryptocurrency enthusiasts
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With its recent meteoric rise in price, Snowfall Protocol (SNW) has caught the eye of many eager buyers. Snowfall Protocol (SNW) is the first platform to enable the exchange of fungible and non-fungible tokens across multiple blockchains without the need for third-party intermediaries. Snowfall Protocol (SNW) will soon release its dApp, which will allow users to trade assets across multiple EVM-compatible and non-EVM-compatible blockchains. In terms of ROI, the Snowfall Protocol (SNW) token ranks among the best in the DeFi market. Snowfall Protocol (SNW) has grown in popularity significantly since its early pre-sale phase, resulting in the sale of over 200 million tokens in just two months.
The price of Snowfall Protocol (SNW) has increased by more than 400% due to its unique features and use cases. Following its launch in January 2023, some analysts predicted that the Snowfall Protocol (SNW) price would increase by 5,000%. Leading market analysts predict that Snowfall Protocol (SNW) will be the next 1000x coin and completely shake up the status quo of the cryptocurrency market. At the time of writing, the price of Snowfall Protocol (SNW) is $0.14, but is expected to rise significantly in the near future.
Do what you can and invest in Snowfall Protocol (SNW) now
Pre-sale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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