Genaro Network (GNX) vs Litecoin (LTC) Comparison

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On this page, you can compare Genaro Network (GNX) with Litecoin (LTC). 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

Genaro Network (GNX) is an Ethereum token. This token is paired against other crypto on the number of exchange platforms. There is also the Genaro Network token available on the project’s own blockchain after the mainnet. 

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.

About

Genaro Network (GNX) is an Ethereum token. This token is paired against other crypto on the number of exchange platforms. There is also the Genaro Network token available on the project’s own blockchain after the mainnet. 

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.

Type Type token Type coin
Founding Date Founding Date No data Founding Date No data
Country Country No data Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol No data Protocol No data
Current price (USD) Current price (USD) 0.0232 Current price (USD) 152.2200
All-time high (USD) All-time high (USD) 1.2900 All-time high (USD) 375.2900
Price change (24h) Price change (24h) 0.43 Price change (24h) -3.16
Volume (24h) Volume (24h) 121731.41339 Volume (24h) 43744156.79118
Hashrate Hashrate No data Hashrate 165730
Max Supply Max Supply 675000000.00000 Max Supply 84000000.00000
Total supply Total supply 675000000.00000 Total supply 84000000.00000
Circulating Supply Circulating Supply 650000000.00000 Circulating Supply 67910470.73347
Transaction speed / Block time Transaction speed / Block time 2000 Transaction speed / Block time 56
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability low
Algorithm Algorithm No data Algorithm Scrypt
Proof type Proof type No data Proof type PoW
Fully premined Fully premined no Fully premined no
Smart contract address Smart contract address 0x6ec8a24cabdc339a06a172f8223ea557055adaa5 Smart contract address No data
Total coins mined Total coins mined 650000000.00000 Total coins mined 65464957.99676
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 12.500000000000
Block time Block time No data Block time 150

Social

Website Website genaro.network Website litecoin.org
Twitter Twitter @GenaroNetwork Twitter @LitecoinProject

Rating

Cryptogeek user rating Cryptogeek user rating 0.0 / 5 0 user reviews Cryptogeek user rating 5.0 / 5 3 user reviews
Cryptogeek expert rating Cryptogeek expert rating 0.0 / 5 Cryptogeek expert rating 0.0 / 5
Advantages Advantages - Advantages -
Disadvantages Disadvantages - Disadvantages -

Genaro Network (GNX) user rating is 0.0, based on 0 user reviews. Litecoin (LTC) user rating is 5.0, 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?
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Genaro Network (GNX) features

At the moment Genaro Network (GNX) price is 0.232. Its 24h volume is 121,731.41339. 24h price change is 0.43.

Genaro Network (GNX) max supply is 675,000,000.0. The total supply is 675,000,000.0 and the circulating supply is 650,000,000.0.

Genaro Network (GNX) transaction speed/block time is 2000. Block reward is 0.0.

At the moment the number of coins mined is 650,000,000.0.

Genaro Network (GNX) Cryptogeek user rating is 0.0, based on 0 user reviews.

Litecoin (LTC) features

Litecoin (LTC) price is 152.22. Its 24h volume is 43,744,157.79118. 24h price change is -3.16.

Litecoin (LTC) max supply is 84,000,000.0. The total supply is 84,000,000.0 and the circulating supply is 67,910,471.73347.

Litecoin (LTC) hash rate is 165730. Litecoin (LTC) transaction speed/block time is 56. Block reward is 13.5.

At the moment the number of coins mined is 65,464,958.99676. Mining profitability is low.

Litecoin (LTC) Cryptogeek user rating is 5.0, based on 3 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.