Coin VS Token which is more profitable for us?
Assalamu Alaikum
But a token can be created and entered the market at a very low cost.
As we all know Tron is a coin but first Tron comes to the market using Ethereum's network then Ethereum Fee is required as Gas Fee,
Later Tron brought their own Blockchain,
Then Tron is a coin using the network of this coin to market BTTC, SUN, etc
If you look closely, you can see that 2 of the Coinmarketcap top 10 coins are Touken, one of them is USDT, and the other is Shiba.
Although Shiba will launch their Mainnet very soon!
Everyone thinks that Touken to Coin is trustworthy, the reason is that Touken can be created by any scammer, but it is very difficult to create Coin and bring it to the market, so Coin to Touken is more risky.
Coin Investment for Long Time Hold is the best decision for us!
It is completely wrong to think that all tokens are bad or risky. There are many Trusted Tokens in the market, and more are coming.
My suggestion is that there are different projects in the market with their own tokens.
Like Safepal Wallet (SFP Token) Uniswap (UNI Token) PancakeSwap (Cake Token) Jupiter Swap (JUP Token)
I think such popular projects have their own tokens that are less risky.
Also, these popular mediums, being their own coins, create different usage cases for their coins, in which these coins start moving forward.
If you want to invest in tokens, you need to know what they are working on and what they are coming up with.
I hope everyone understands, I'm ending today here everyone, stay well, stay healthy, Allah-Hafez,
Worldwide of crypto the dispute in between holding coins versus symbols raves on. Comprehending their distinctions is essential. Coins like Bitcoin as well as Ethereum control while symbols like Shiba flourish on blockchain networks. Yet the threat hinges on symbols' availability; coins provide security for lasting financial investment. Select sensibly in the middle of the varied market offerings.
I agree with you! Thank you for such a nice comment!