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Crypto Round: Hector Network launches its NFT market on Fantom (FTM) – Solana (SOL) price enters correction territory after 80% gain – Snow Protocol (SNW) price growth peaks in 2023
A variety of tokens with different use cases were launched in the crypto market. Some are more successful than others. Also, there are some tokens like Solana (SOL) and Fantom (FTM), although they have been on the market for a long time, which have not increased in price much. According to analysts Snowfall Protocol (SNW), a newly launched token, which will be a better performing token in 2023 compared to other established players in the market. In this article, we will discuss the main reasons behind it.
Fantom (FTM) is trading 88% below its all-time high
Atlantica, Hector Network’s NFT marketplace, has been released on the Fantom (FTM) blockchain. With the launch of Fantom (FTM), Hector focuses on the NFT market and cross-chain development. Therefore, the launch of Atlantica will be a step forward towards NFT adoption of Fantom (FTM). The launch of Atlantica in partnership with Fantom (FTM) was announced in early 2022 along with two significant initiatives: participation in the non-traceable token (NFT) space and the creation of the necessary infrastructure to support and expand the NFT market. While Fantom (FTM) has been successful in the NFT segment so far, it has not been successful in terms of pricing. Fantom (FTM) price is down 1.87% in the last few days. Fantom (FTM) is now at $0.39. Also, Fantom (FTM) is currently trading 88.6% below its all-time high.
Solana (SOL) falls 9%
The recent 250% surge of Solana (SOL) to reach $25 in January 2023 has impressed most investors in the cryptocurrency industry. However, traders watching the negative trends in Solana (SOL) could benefit. Upward movement can benefit. Currently, Solana (SOL) technical indicators are pointing up, but the chart shows that the base is overbought and a trend reversal is imminent.
Demand for Solana (SOL) has been at an all-time high for several months, leaving accumulation at a high point on the chart. However, the value of Solana (SOL) has been falling in recent days. Over the past week, the market value of SOL has fallen by 9%, which has started a change in the market structure in favor of the bears. Such reductions could mean that a Solana price correction (SOL) is due and could happen soon. Solana (SOL) price is likely to be rejected around $22.70 as it seeks higher downward pressure that would continue the downtrend.
Snowfall Protocol (SNW) could explode 1000-times
The Snowfall Protocol (SNW)
The Snowfall Protocol (SNW)is one of the most popular options for cryptocurrency traders, although it has only recently entered the market. Snowfall Protocol (SNW). Users transfer assets between blockchains on a single platform, independent of the blockchains using the Ethereum Virtual Machine (EVM). The Snowfall Protocol (SNW) it allows users to exchange tokens without additional costs or delays.
The network was released in February 2023 used by the decentralized application (dApp) of the Snowfall Protocol (SNW), which is a safe place for multi-chain communication. currently located Snowfall Protocol (SNW) in the final pre-sale stage. The Snowfall Protocol (SNW) one was recorded in the last three stages Price increase of more than 3000%. At the time of writing this article is Snowfall Protocol (SNW) worth $0.191 in the last presale period, but industry insiders predict that the price will soon increase 1,000x.
Get in while you can and maybe start investing in the Snowfall Protocol (SNW) today:
Last updated on January 31, 2023
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