Home » Policy » Apecoin (APE) and Monero (XMR) are Losing Investor Confidence as Snowfall Protocol (SNW) Sells Out in Stage 2

2021 and 2022 honed investors' confidence in their password projects. The high degree of uncertainty in the password sales market encourages password investors to study his asset allocation carefully. They decided to give up passwords like Apecoin (APE) and Monero (XMR) because it shrunk their profits. In addition, they are now starting to buy promising new passwords, such as the Snow Protocol (SNW), which helps them increase their asset allocation.

That's why digital currencies such as Apecoin (APE) and Monero (XMR) have lost investor confidence, while Snow Protocol (SNW) is becoming a favorite for cryptographic investors.

Monero (XMR)

Monero (XMR) is a block chain technology digital currency with personal privacy as the core. Its encryption technology ensures that the customer's identity is not closely related to the transactions in the blockchain. Most password investors bypass Monero for good reason. Monero's untraceability makes it a favorite of criminal suspects.

Monero (XMR) is often swapped on dark networks, which adds to its bad reputation. Monero doesn't break the law, but it already has a "risk" brand. In addition, because Monero (XMR) does not go to the details given to the website's customers by the government, it has encountered regulatory difficulties and has delisted its shares from many trading centers. The lack of such controls also puts them at risk of money laundering and fraud. Because of the difficulties faced by the nature of Monero, it is not the best asset for investors looking for long-term and sustained growth of assets.

Apecoin (apes)

The APE Foundation applies Apecoin (APE) to the development and development of APE ecosystem software. The name of Apecoin (apes) was released with great care. After all, it comes from the hands of the founder of the famous boring ape golf driving range. Apecoin (APE) is the mark of the effect of ape ecosystem. Therefore, from the beginning, the use of Apecoin is relatively limited. Instead, it will satisfy people who are already part of the ape ecosystem or who have successfully invested in it.

Due to the limited application of Apecoin (APE), its main performance is not good, especially in the bullish industry environment. The use value of Apecoin continues to decline and is in jeopardy under selling pressure. Apecoin (APE) is unable to rebound, further adding to investor anxiety.

Snowfall Protocol (SNW)

Snowfall Protocol (SNW) will be released in the password market on January 3, 2023. However, even before the release, the Snow Protocol (SNW) had already started password trading, causing a lot of excitement. The reason is that the test cases are relatively highly related to passwords, that is, interoperability. Every password customer faces the test of moving his property from one blockchain to another. With the snowfall Protocol (SNW), they can seamlessly transfer property from one blockchain to another.

Snowfall Agreement (SNW) held a successful pre-order, more successful is the second phase of the sales business. In fact, the original dynamic passwords of the Snow Protocol (SNW) sold out the day before the sale of the second phase of the market was supposed to be completed.

Snowfall Agreement (SNW) boosts investors' confidence based on the opening of new housesThe third stage of marketingIts representative market price is250% insurance premium. There is no doubt that the snowfall Agreement (SNW) is a very worthwhile token.

Pre-sales service: https://presale.snowfallprotocol.ioWebsite: https://snowfallprotocol.ioTelegram: https://t.me/snowfallcoinTwitter: https://twitter.com/snowfallcoin

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