Place/Date: – October 22nd, 2022 at 9:34 am UTC · 4 min read
Source: Snowfall Protocol
There are many ways to invest your savings, and since we know how cruel the market can get, we always go for something that is not just secure but also offers many benefits. As such, a crypto token with high-potential and room for growth, considering the future, might be all you need. But why crypto? Because even though it is misunderstood by many, it is still the only thing likely to turn you into a millionaire. However, no matter how advanced a crypto project is, there are many things it can fail at. So, we will be looking at some popular coins like Ripple (XRP) and Theta Network (THETA) and we’ll tell you exactly how Snowfall Protocol (SNW) outshines them and how it has opened a whole new door of investment opportunities for newcomers.
Theta Network (THETA) Vs Snowfall Protocol (SNW)
Theta Network (THETA) is a decentralized video delivery network that aims to provide a vast range of blockchain-enabled answers to many issues traditional video-streaming services face. It was initially developed to be on Ethereum but now has a native blockchain. It has grown so much since then, but since it focuses on the video-streaming part of the crypto community, it doesn’t find the same success or fame elsewhere. Theta Network (THETA) can also be risky as it is not built for long-term investments.
Snowfall Protocol (SNW), on the other hand, is designed to be your go-to DeFi protocol in every situation. That is not an exaggeration, and even newcomers can benefit from it since it is relatively cheap with its low transaction fees, allows room for flexible choices, and gives you dominant control over a vast portion of your investments. What we mean by that is, consider you are a new investor, and you want something that can be useful even if you want to change your specifics within the market, e.g., you want to now invest in more NFTs and in-game items, and sell them at a higher price. But it can prove quite tricky with Theta Network (THETA) if you want to transfer those digital assets across blockchains. Snowfall Protocol (SNW) will allow you to move those assets across multiple chains and save your money and time by doing so.
Ripple (XRP) Vs Snowfall Protocol (SNW)
Ripple (XRP) is a money transfer network that has a digital currency XRP. It basically allows you to perform transactions much faster than even Bitcoin. As long as you have internet access, your transactions will be smooth. However, as independent as it might make you, Ripple (XRP) has been fluctuating a lot, and even experts have commented on it, saying “there is nothing to be excited about” at the moment. That, and some legal issues concerning lawsuits against Ripple (XRP), have damaged its reputation and is therefore not something we can recommend newcomers to invest in unless they want a rollercoaster of emotions with such an unpredictable token.
Snowfall Protocol (SNW) is a much better option, as it does not have a complicated procedure, is clean, secure, and fast, and offers all those services that are easy for everyone to understand. It is a new protocol and therefore has a massive room for growth.
In addition, unlike Theta Network (THETA) and Ripple (XRP), Snowfall Protocol (SNW) will also help you in the long run with its multi-chain interoperability. Since its services are so relevant, it is unlikely that the token falls in value either. Snowfall Protocol (SNW) is, therefore, a much better option to invest in, and that is how it has opened investment opportunities.
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