Nexo (NEXO) and XDC Network (XDC) have been on a downward spiral in value over the past few weeks, while Кардын жаашы протоколу (SNW) has seen an increase of over 500%. Both Nexo (NEXO) and XDC Network (XDC) are severely struggling. What could be causing this massive decline in value? And what could be causing the rise of SNW? Let’s take a closer look.
Себептер 500% Gains According To Analysts
“The primary reason for the surge in SNW’s value is due to its innovative cross-chain transfer technology. Snowfall Protocol enables users to seamlessly and securely transfer fungible and non-fungible tokens across multiple blockchains, including both EVM and non-EVM compatible chains.
This gives users the ability to quickly swap assets between different blockchains without any hassle. This is a key advantage that Nexo (NEXO) and XDC Network (XDC) don’t have, which is one of the reasons why they are losing value so quickly.” – Top Analyst Reports
Problems With Nexo (NEXO) and XDC Network (XDC)
акыркы Thoughts
With a 1000x growth potential and analyst reports indicating another 5000% gain in the short term as it enters its next stage of the алдын-ала сатуу, investors should take advantage of the opportunity and invest in Snowfall Protocol (SNW) now.
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Source: https://coinpedia.org/press-release/nexo-nexo-and-xdc-network-xdc-are-losing-value-fast-while-snowfall-protocol-snw-is-up-over-500-in-the-past-few-weeks/