As the dust of the FTX (FTT) saga has settled, investors are now resuming their hunt for the jewels of the next bull run.
The three pockets being eyed by most investors for high return on investment in the upcoming run are Ripple (XRP), Quant (QNT) and a new stallion, Snowfall Log (SNW), whose second phase of pre-sales is still ongoing.
But which of these three assets is the best bet for your hard-earned cash? Stay tuned to find out!
The price of Quant (QNT) is already high
Compared to mid-cap or high-cap tokens, investing early in high-potential, low-cap cryptocurrencies increases your chance of a higher ROI when the market recovers. Given that, the ideal time to buy Quant (QNT) would have been ahead of the 2021 bull market when it was still trading around $11, or ahead of the recent rally that started in June, during which the token saw an impressive growth of 450% in just four months.
Quant peaked at $228 on Oct. 17, with the daily Relative Strength Index (RSI) rising above 70, indicating the asset had entered overbought territory. Since then, QNT’s price has fallen to just over $100 by Nov. 15, down more than 50%. Despite the huge drop, $100 is still a steep price and potential investors will need larger seed capital to profit effectively.
Ripple (XRP) investor confidence is waning
While most cryptocurrencies made new highs in 2021, XRP was one of the few that didn’t. XRP has traded well below its 2018 all-time high of $3.84, a key warning sign for potential long-term investors. Their ongoing litigation with the SEC has not done justice to investor confidence and consequently the price of XRP. The losses that followed the lawsuit are still fresh in the minds of investors who are reluctant to invest back into the network.
Ripple recently launched an Ethereum-compatible sidechain. Days before the sidechain was deployed, Ripple (XRP) saw small price gains that turned out to be a price correction before the token fell even further. This price volatility has turned off potential investors to promising low-cap gems, with the Snowfall Protocol (SNW) being a key beneficiary of this traffic.
With a 1000x probability, Snowfall is one of the most stable investments and safest bets for your pocket.
The lack of long-term stability, unlike the Snowfall Protocol (SNW), is a recurring theme and downside of Ripple (XRP) and Quant (QNT).
Snowfall Log (SNW) is proud to be the first Cross-chain transmission Ecosystem built for fungible and non-fungible tokens. Their state-of-the-art dApp allows users to share assets between chains, making this easier safe wealth transfer and cross-chain transactions between blockchains. Snowfall Log (SNW) Compatibility with multiple chains This puts it ahead of the competition and its utility above all other platforms that are limited to just one Blockchain.
With unbelievable tokenomics, roadmap and a experienced team of experts, The Snowfall Protocol (SNW) aims to: a Multi-chain future and simplify cross-chain communication by removing technical barriers. In turn, simplified cross-chain communication will level the playing field for each user to participate in their favorite projects.
Snowfall Log (SNW) has grown more than 140% still in the pre-sale phase, with experts a possible 5000% increase during startup. The second round of the pre-sale is currently running and time is running out.
Hey soon! Here’s your last chance to participate in the Quant Killer presale before it hits the market.
Learn more about the Snowfall Protocol (SNW):
Pre sales: https://presale.snowfallprotocol.io
Always conduct proper research when dealing with currency and token presales. The above information does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the site or its employees.
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