Thousands of cryptocurrencies are currently available on crypto exchanges for investors to invest and earn from. Thus, it becomes increasingly important, especially after new token launches, for established cryptocurrencies such as Dogecoin (DOGE) and Shiba Inu (SHIB) to stand out. A recently introduced token, Snowfall Protocol (SNW), is giving higher returns than meme coins like SHIB and DOGE. In this article, we will talk about the latest developments of Shiba Inu (SHIB), Dogecoin (DOGE), and Snowfall Protocol (SNW), to help the crypto community make better investment decisions.
Dogecoin (DOGE) to drop by 10% soon
According to recent data, the meme token, Dogecoin (DOGE), has become one of the crypto assets with the fastest rate of reducing carbon emissions. In 2022, Dogecoin (DOGE) reduced its emissions by 25%, making it the third-fastest digital asset at reducing its carbon footprint, according to research by Forexsuggest. While it was discovered that Dogecoin (DOGE) is rapidly reducing its levels of emission, other well-known crypto assets, including Bitcoin (BTC), Polygon (MATIC), and Cardano (ADA), have gone in the opposite direction, increasing their carbon emissions. During the first week of January, Dogecoin’s price demonstrated positive market indications, allowing day traders to participate in a 25% rise toward the $0.09 benchmark. However, by rejecting the most recent attempt to surge higher, the Dogecoin (DOGE) bears have created lower highs. The price of Dogecoin (DOGE) might keep falling and retest previous resistance areas at $0.074. This would cause a 10% decrease in Dogecoin’s (DOGE) price.
Shiba Inu (SHIB) developer teases mid-February launch for Shibarium
As the launch of Shiba Inu’s (SHIB) layer-2 network, Shibarium, draws near, the developers behind the cryptocurrency hope it will be seen as more than just a meme coin. Shiba Inu’s (SHIB) chief developer, Shytoshi Kusama, has been relatively silent on Twitter this year, except for some tweets about the bullish signals for the token. However, recently, his Twitter bio included a line that seems to confirm the impending release of Shibarium’s beta version, as promised. The Shiba Inu (SHIB) developer added “putting Shibarium in a heart-shaped box with a bow” to his bio.
Considering that February is traditionally the period for heart-shaped boxes, the bio could indicate that the eagerly awaited release of Shiba Inu (SHIB) would occur around the middle of the month. In terms of prices, after reaching intraday gains of 22% last week, the price of Shiba Inu (SHIB) promptly plummeted in a volatile session. Shiba Inu (SHIB) is currently trading 40% below its price from a year back. Additionally, Shiba Inu’s (SHIB) price, at the time of writing, is $0.000012, which is 62% below its all-time high.
Snowfall Protocol (SNW) to release on February 3, 2023
Snowfall Protocol (SNW) is an interoperability protocol for many blockchains that allows for the safe transfer of assets and the execution of cross-chain transactions. Given its massive popularity and growth prospects, Snowfall Protocol (SNW) swiftly sold out during the first two waves of the presale. On February 3, 2023, Snowfall Protocol (SNW) will be released with a price of $0.22. Thus, Snowfall Protocol (SNW) should be at the top of the list for cryptocurrency investors hoping to get in on a lucrative project early, which will ensure a large return on investment.
The final stage of Snowfall Protocol’s (SNW) presale is currently live, and more than 200 million tokens have been sold so far. In the first two stages, Snowfall Protocol (SNW) sold over 195 million tokens. Snowfall Protocol’s (SNW) current presale stage has driven the token price up to $0.191. The greatest time to buy Snowfall Protocol (SNW) is now because of the predicted 1000% spike in price.
Get in while you can and invest in Snowfall Protocol (SNW) today!
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