Elastos (ELA) vs VeChain (VET) Comparison

Compare companies

On this page, you can compare Elastos (ELA) with VeChain (VET). 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.

Company

User rating

4.3 / 5 3 user reviews 5 / 5 5 user reviews

Cryptogeek rating

4 / 5 4 / 5

Trust Score

How it works
4.33 / 5 4.25 / 5

About

Elastos (ELA) is a mineable coin currently represented on a few Asian exchanges. Blockchain solutions of the issuing company can be applied across various industries, such as real estate, media, etc.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.

Type

coin coin

Founding Date

2017 2015

Country

No data International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

2.2170 0.0453

All-time high (USD)

93.9600 0.0198

Price change (24h)

-4.03 -4.74

Volume (24h)

60653.06942 8321355.29790

Hashrate

101344000 No data

Max Supply

34065709.00000 86712634466.00000

Total supply

No data No data

Circulating Supply

25777106.00000 85985041177.00000

Transaction speed / Block time

245 220

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data VeChainThor Authority

Proof type

No data Proof of Authority

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

No data 55454734800.00000

Is trading

yes yes

Block reward

No data 0.000000000000

Block time

No data No data
Company
User rating User rating 4.3 / 5 3 user reviews User rating 5 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.33 / 5 Trust Score 4.25 / 5
About
Elastos (ELA) is a mineable coin currently represented on a few Asian exchanges. Blockchain solutions of the issuing company can be applied across various industries, such as real estate, media, etc.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.
Type Type coin Type coin
Founding Date Founding Date 2017 Founding Date 2015
Country Country No data Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 2.2170 Current price (USD) 0.0453
All-time high (USD) All-time high (USD) 93.9600 All-time high (USD) 0.0198
Price change (24h) Price change (24h) -4.03 Price change (24h) -4.74
Volume (24h) Volume (24h) 60653.06942 Volume (24h) 8321355.29790
Hashrate Hashrate 101344000 Hashrate No data
Max Supply Max Supply 34065709.00000 Max Supply 86712634466.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 25777106.00000 Circulating Supply 85985041177.00000
Transaction speed / Block time Transaction speed / Block time 245 Transaction speed / Block time 220
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability No data
Algorithm Algorithm No data Algorithm VeChainThor Authority
Proof type Proof type No data Proof type Proof of Authority
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined No data Total coins mined 55454734800.00000
Is trading Is trading yes Is trading yes
Block reward Block reward No data Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

www.elastos.org www.vechain.org

Twitter

@Elastos_org @vechainofficial
Website Website www.elastos.org Website www.vechain.org
Twitter Twitter @Elastos_org Twitter @vechainofficial

Advantages

Interesting concept Ability to earn using the platform Well-known and trusted Some projects run on it

Disadvantages

Inflationary currency High dependence on popularity Not completely decentralized

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 5 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Interesting concept Ability to earn using the platform Advantages Well-known and trusted Some projects run on it
Disadvantages Disadvantages Inflationary currency High dependence on popularity Disadvantages Not completely decentralized

Elastos (ELA) user rating is 4.3, based on 3 user reviews. VeChain (VET) user rating is 5, based on 5 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.33 / 5 Write review
Trust Score: 4.25 / 5 Write review
Choose other companies
Elastos (ELA) features

At the moment Elastos (ELA) price is 2.217. Its 24h volume is 60,653.6942. 24h price change is -4.3.

Elastos (ELA) max supply is 34,065,709.0. The circulating supply is 25,777,106.0.

Elastos (ELA) hash rate is 101344000. Elastos (ELA) transaction speed/block time is 245.

Mining profitability is medium.

Elastos (ELA) Cryptogeek user rating is 4.3, based on 3 user reviews.

VeChain (VET) features

VeChain (VET) price is 0.453. Its 24h volume is 8,321,355.2979. 24h price change is -5.74.

VeChain (VET) max supply is 86,712,634,466.0. The circulating supply is 85,985,041,177.0.

VeChain (VET) transaction speed/block time is 220. Block reward is 0.0.

At the moment the number of coins mined is 55,454,734,800.0.

VeChain (VET) Cryptogeek user rating is 5, based on 5 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

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.

Beware of hype

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.

  1. 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.
  2. 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.
  3. 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 Elastos (ELA) with VeChain (VET). 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.