On this page, you can compare Fantom (FTM) with Monero (XMR). 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.
|
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
|
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero.
Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
|
| About |
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
|
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero.
Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
|
| Type |
Type
No data
|
Type
coin
|
| Founding Date |
Founding Date
No data
|
Founding Date
2014
|
| Country |
Country
No data
|
Country
International
|
| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
No data
|
Team
Not Public
|
| Protocol |
Protocol
No data
|
Protocol
Public blockchain
|
| Current price (USD) |
Current price (USD)
No data
|
Current price (USD)
149.5933
|
| All-time high (USD) |
All-time high (USD)
No data
|
All-time high (USD)
495.8400
|
| Price change (24h) |
Price change (24h)
No data
|
Price change (24h)
-0.27
|
| Volume (24h) |
Volume (24h)
No data
|
Volume (24h)
2935983.65907
|
| Hashrate |
Hashrate
No data
|
Hashrate
1
|
| 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
69390.26220
|
| Transaction speed / Block time |
Transaction speed / Block time
No data
|
Transaction speed / Block time
26
|
| Transaction fee |
Transaction fee
No data
|
Transaction fee
No data
|
| Mining profitability |
Mining profitability
No data
|
Mining profitability
low
|
| Algorithm |
Algorithm
No data
|
Algorithm
CryptoNight-V7
|
| 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
17632039.18461
|
| Is trading |
Is trading
No data
|
Is trading
yes
|
| Block reward |
Block reward
No data
|
Block reward
1.554846810247
|
| Block time |
Block time
No data
|
Block time
120
|
Fantom (FTM) user rating is 4, based on 1 user reviews. Monero (XMR) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Fantom (FTM) Cryptogeek user rating is 4, based on 1 user reviews.
Monero (XMR) price is 150.5933. Its 24h volume is 2,935,984.65907. 24h price change is 0.27.
The circulating supply is 69,390.2622.
Monero (XMR) hash rate is 1.
Monero (XMR) transaction speed/block time is 26.
Block reward is 2.554846810247.
At the moment the number of coins mined is 17,632,039.18461.
Mining profitability is low.
Monero (XMR) Cryptogeek user rating is 5, 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 Fantom (FTM) with Monero (XMR). 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.
