On this page, you can compare Eidoo (EDO) with Siacoin (SC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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Eidoo (EDO) is the utility token that allows to make use of the services offered by the Eidoo network. The token is listed on number of exchanges, including Binance.
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Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading.
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About |
Eidoo (EDO) is the utility token that allows to make use of the services offered by the Eidoo network. The token is listed on number of exchanges, including Binance.
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Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading.
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Type |
Type
token
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Type
coin
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Founding Date |
Founding Date
No data
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Founding Date
2015
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Country |
Country
No data
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
No data
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
0.6144
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Current price (USD)
0.0060
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All-time high (USD) |
All-time high (USD)
7.2100
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All-time high (USD)
0.1117
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Price change (24h) |
Price change (24h)
0.00
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Price change (24h)
1.48
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Volume (24h) |
Volume (24h)
0.00000
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Volume (24h)
4433969.24887
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Hashrate |
Hashrate
No data
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Hashrate
7110000
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Max Supply |
Max Supply
90708326.00000
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Max Supply
No data
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
0.00000
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Circulating Supply
57769395000.00000
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Transaction speed / Block time |
Transaction speed / Block time
No data
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Transaction speed / Block time
7
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
No data
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Mining profitability
low
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Algorithm |
Algorithm
No data
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Algorithm
Blake2b
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Proof type |
Proof type
No data
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Proof type
PoW
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
No data
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Total coins mined
33098296530.00000
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Is trading |
Is trading
No data
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Is trading
yes
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Block reward |
Block reward
No data
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Block reward
31301.000000000000
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Block time |
Block time
No data
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Block time
600
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Eidoo (EDO) user rating is 5, based on 1 user reviews. Siacoin (SC) user rating is 4.3, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
At the moment Eidoo (EDO) price is 1.6144. Its 24h volume is 0.0. 24h price change is 0.0.
Eidoo (EDO) max supply is 90,708,326.0. The circulating supply is 0.0.
Eidoo (EDO) Cryptogeek user rating is 5, based on 1 user reviews.
Siacoin (SC) price is 0.6. Its 24h volume is 4,433,969.24887. 24h price change is 1.48.
The circulating supply is 57,769,395,000.0.
Siacoin (SC) hash rate is 7110000.
Siacoin (SC) transaction speed/block time is 7.
Block reward is 31,301.0.
At the moment the number of coins mined is 33,098,296,530.0.
Mining profitability is low.
Siacoin (SC) Cryptogeek user rating is 4.3, based on 3 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Eidoo (EDO) with Siacoin (SC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.