Chiliz (CHZ) and Eos (EOS) investors face losses; Snowfall Protocol (SNW) price prediction remains bullish for 2023
Crypto investment has always been unpredictable. It’s not just about making money but also about losing it. This year, there have already been a few such cases where Chiliz (CHZ) and Eos (EOS) investors experienced losses due to poor performance of the crypto market.
In contrast, Snowfall Protocol (SNW) came out as an excellent performer and alternative for investors. With 300% gains, it is ready to enter the year 2023 with a bullish sentiment.
Chilliz (CHZ) Suffers Further Value Drop
Last month, Chiliz (CHZ) was trending at a 2% decrease in price. The trading volume of Chiliz (CHZ) also saw a sharp fall of 26%. The daily chart of Chiliz (CHZ) showed an increase in the number of withdrawals by investors. A Fear index value of 28 further reflects the likelihood of reduced Chiliz (CHZ) buyers in upcoming months.
At the time of writing, CoinDesk reported the possibility of a price drop of Chiliz (CHZ) by 13.41% within the next 24 hours. Investors doubt whether they should continue investing in Chiliz (CHZ). Upon analyzing Chiliz’s (CHZ) one-year performance, it was found that the token has fallen by 50.75%.
Experts predict Chiliz (CHZ) to show a long-term bearish pattern. Existing investors of Chiliz (CHZ) are expected to face further losses and high volatility.
Eos (EOS) Failed To Return Promised Gains To Investors
The price chart history of Eos (EOS) has not been impressive for most of the years after its launch. Eos (EOS) investors have encountered platform glitches since its inception in 2018.
A 2020 report by the Imperial College of London found that 95% of Eos (EOS) transactions have no financial value. Moreover, investors have faced constant losses due to Eos’ (EOS) developer issues.
This year, it hit the lowest price point during October. As per the most recent predictions, experts believe that Eos (EOS) will go down for most of the year 2023.
Multiple indicators predict Eos (EOS) to be highly volatile in the upcoming year. Wallet Investor analysis suggests a $6 rise in Eos (EOS) in early 2023, followed by a below the $1 price threshold.
All these facts indicate Eos (EOS) to be a weak investment for next year.
Snowfall Protocol (SNW) Is Going Strong with Growing Investors
Snowfall Protocol (SNW) has opened the possibility of a multi-chain crypto trading ecosystem. Snowfall Protocol (SNW) aims to ease the process of connecting with different blockchains.
An increase in the number of token buyers and investors proves the demand for innovative cross-chain solutions offered by Snowfall Protocol (SNW).
From the three pre-sale phases, earned a 300% raise. Investors are showing interest in interpolation and dApp prototypes announced by Snowfall Protocol (SNW). Its 2nd phase of pre-sale was sold out one day earlier than its scheduled end date.
Snowfall Protocol (SNW) is seeing a consistent increase in its price chart. Snowfall Protocol jumped from its initial price of $ 0.025 to $ 0.095.
Don’t miss the chance to acquire promising gains and join the Snowfall Protocol (SNW) pre-sale.
Get in while you can and invest in Snowfall Protocol (SNW) today!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin