Elongate (ELONGATE) vs Siacoin (SC) Comparison
On this page, you can compare Elongate (ELONGATE) 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.
| Company |
|---|
User rating
| 1 user review | 3 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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Elongate crypto coin is a fast-growing token that came to be on March 25th, 2021. Created in the Binance Smart Chain, Elongate can be somewhat credited to Elon Musk and one of his tweets.
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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.
|
Type
| No data | coin |
Founding Date
| 2021 | 2015 |
Country
| No data | International |
Languages
| No data | No data |
Team
| No data | Public |
Protocol
| No data | Public blockchain |
Current price (USD)
| No data | 0.0048 |
All-time high (USD)
| No data | 0.1117 |
Price change (24h)
| No data | -4.71 |
Volume (24h)
| No data | 3402345.34831 |
Hashrate
| No data | 7110000 |
Max Supply
| No data | No data |
Total supply
| No data | No data |
Circulating Supply
| No data | 57769395000.00000 |
Transaction speed / Block time
| No data | 7 |
Transaction fee
| No data | No data |
Mining profitability
| No data | No data |
Algorithm
| No data | Blake2b |
Proof type
| No data | PoW |
Fully premined
| No data | No data |
Smart contract address
| No data | No data |
Total coins mined
| No data | 33098296530.00000 |
Is trading
| No data | yes |
Block reward
| No data | 31301.000000000000 |
Block time
| No data | 600 |
| Company | ||
|---|---|---|
| User rating | 1 user review | 3 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
| About |
Elongate crypto coin is a fast-growing token that came to be on March 25th, 2021. Created in the Binance Smart Chain, Elongate can be somewhat credited to Elon Musk and one of his tweets.
|
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.
|
|---|---|---|
| Type | Type No data | Type coin |
| Founding Date | Founding Date 2021 | Founding Date 2015 |
| Country | Country No data | Country International |
| Languages | Languages No data | Languages No data |
| Team | Team No data | Team Public |
| Protocol | Protocol No data | Protocol Public blockchain |
| Current price (USD) | Current price (USD) No data | Current price (USD) 0.0048 |
| All-time high (USD) | All-time high (USD) No data | All-time high (USD) 0.1117 |
| Price change (24h) | Price change (24h) No data | Price change (24h) -4.71 |
| Volume (24h) | Volume (24h) No data | Volume (24h) 3402345.34831 |
| Hashrate | Hashrate No data | Hashrate 7110000 |
| Max Supply | Max Supply No data | Max Supply No data |
| Total supply | Total supply No data | Total supply No data |
| Circulating Supply | Circulating Supply No data | Circulating Supply 57769395000.00000 |
| Transaction speed / Block time | Transaction speed / Block time No data | Transaction speed / Block time 7 |
| Transaction fee | Transaction fee No data | Transaction fee No data |
| Mining profitability | Mining profitability No data | Mining profitability low |
| Algorithm | Algorithm No data | Algorithm Blake2b |
| Proof type | Proof type No data | Proof type PoW |
| 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 33098296530.00000 |
| Is trading | Is trading No data | Is trading yes |
| Block reward | Block reward No data | Block reward 31301.000000000000 |
| Block time | Block time No data | Block time 600 |
Social
Website
| www.elongate.cc | sia.tech |
| No data | @Sia__Foundation |
| Website | Website www.elongate.cc | Website sia.tech |
|---|---|---|
| Twitter No data | Twitter @Sia__Foundation |
Advantages
| - | Clean interface Allows you to rent file storage space Permits you to make money renting space to others |
Disadvantages
| - | The terminal can be tricky to use Not much information on security protocols |
Rating
| User rating | User rating 1 user review | User rating 3 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - | Advantages Clean interface Allows you to rent file storage space Permits you to make money renting space to others |
| Disadvantages | Disadvantages - | Disadvantages The terminal can be tricky to use Not much information on security protocols |
Elongate (ELONGATE) user rating is 3, 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.
| 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? |
Elongate (ELONGATE) Cryptogeek user rating is 3, based on 1 user reviews.
Siacoin (SC) price is 0.48. Its 24h volume is 3,402,345.34831. 24h price change is -5.71.
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.
An important lesson: do not believe the news, study the topic yourself.
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.
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Elongate (ELONGATE) 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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