Snowfall Protocol (SNW), PancakeSwap (CAKE), and Shiba Inu (SHIB) all entered their third week of trading in the green in the cryptocurrency market, with Snowfall Protocol (SNW) leading with gains of more than 400%. Snowfall Protocol (SNW) is currently in the final round of its highly successful presale campaign, which sold out with a day to spare in the second round due to the large influx of investors flocking to the protocol.
PancakeSwap and Shiba Inu are also among the top gainers as the crypto market recovers across the board. We’ll go into more detail about the recovery of PancakeSwap and Shiba Inu in this article and share why Snowfall Protocol (SNW) is a must-add to your 2023 crypto portfolio.
PancakeSwap (CAKE) Price Pumps as The Protocol Rolls Out New Upgrades
Thanks to a new update to the protocol, bCAKE farmers can now activate boosters on two farms in the PancakeSwap protocol with a modified boost multiplier as of Jan 13. Farmers will need to unset the current booster and reapply it to use this update.
According to a WhaleStats tweet on Jan 13, CAKE recently flipped BTCB to become the most traded token among the top 100 BSC whales, pushing PancakeSwap to become the top coin in the network. PancakeSwap also recently surpassed the 50% threshold for Total Value Locked (TVL) on the Aptos blockchain, making it the platform’s top DEX.
PancakeSwap remains dominated by bulls, with a weekly gain of 20% at the time of press.
A Beta Version of Shiba Inu’s Shibarium Is Coming “Soon”
Shibarium, Shiba Inu’s layer-2 network that will scale Ethereum mainnet, will be released in beta form soon, according to a recent update by Shiba Inu developers.
The developers stated in a Sunday post that Shibarium would primarily focus on metaverse and gaming applications. They also refuted rumours that Shibarium is just a vehicle to increase the value of Shiba Inu, asserting that the update aims to “revolutionize the Shiba ecosystem” by lowering barriers to entry for small transactions, enhancing speed, enabling the creation of dApps, and incorporating NFTs.
Even so, the launch will still strengthen the fundamentals of the Shiba Inu coin and ecosystem, which currently has a market capitalization of more than $5 billion.
Snowfall Protocol to Hit the Market with A Bang on Feb 3 With Up To 5000% Returns
Snowfall Protocol (SNW) is a decentralized protocol that allows fungible and non-fungible tokens to be transferred across chains. Snowfall Protocol (SNW) enables users to transfer assets between the most widely used Ethereum Virtual Machine (EVM) and non-EVM compatible chains more seamlessly.
With two weeks to go, the final round is over. Over 80% of the allotted tokens have already been sold. This performance threatens to outperform the second round’s success. Additionally, Snowfall Protocol (SNW) sold a record of over 200 million tokens in November and December 2022. The final round contains another 100 million tokens.
Snowfall Protocol (SNW) is on track to become a key player in the crypto ecosystem and an even more formidable one in the cross-chain sub-sector.
Following a 400% increase in the first two weeks of the month, metrics now point to a massive rally for Snowfall Protocol (SNW) in 2023. Investors can expect returns of up to 5000%. You’re not too late to catch this absolute gem, but if you hit the snooze button today, you just might.
Register for Snowfall’s presale today and boost your crypto portfolio: https://presale.snowfallprotocol.io
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