Genesis Vision (GVT) vs Loom Network (LOOM) Comparison

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On this page, you can compare Genesis Vision (GVT) with Loom Network (LOOM). 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

5 / 5 1 user review 4.3 / 5 3 user reviews

Cryptogeek rating

4 / 5 3.8 / 5

Trust Score

How it works
3.5 / 5 4.24 / 5

About

Genesis Vision (GVT) token is an ERC20 utility token of the eponymous platform. GVT/USD pair is available for purchase on a number of exchanges, including Binance. The token can also be exchanged for BTC or ETH.
Loom Network (LOOM) token is currently based on cryptocurrency Ethereum protocol. It is represented on a fair number of exchanges. Loom Network plans to be the connecting hub for various blockchains. It provides dapp developers with the tools to integrate assets from major chains, such as BTC, ETH, Binance and TRON (with EOS and Cosmos coming soon). You can also earn LOOM tokens for participating in the network as the reward or bounty.

Type

token token

Founding Date

No data 2017

Country

No data International

Languages

No data No data

Team

Public Public

Protocol

No data Public blockchain

Current price (USD)

11.9943 0.0558

All-time high (USD)

51.3900 0.7745

Price change (24h)

-0.14 -0.15

Volume (24h)

0.00000 131394.79188

Hashrate

No data No data

Max Supply

4436644.00000 1000000000.00000

Total supply

No data No data

Circulating Supply

0.00000 1300000000.00000

Transaction speed / Block time

No data No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data No data

Proof type

No data No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

4436643.92853 1000000000.00000

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

No data No data
Company
User rating User rating 5 / 5 1 user review User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 3.5 / 5 Trust Score 4.24 / 5
About
Genesis Vision (GVT) token is an ERC20 utility token of the eponymous platform. GVT/USD pair is available for purchase on a number of exchanges, including Binance. The token can also be exchanged for BTC or ETH.
Loom Network (LOOM) token is currently based on cryptocurrency Ethereum protocol. It is represented on a fair number of exchanges. Loom Network plans to be the connecting hub for various blockchains. It provides dapp developers with the tools to integrate assets from major chains, such as BTC, ETH, Binance and TRON (with EOS and Cosmos coming soon). You can also earn LOOM tokens for participating in the network as the reward or bounty.
Type Type token Type token
Founding Date Founding Date No data Founding Date 2017
Country Country No data Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol No data Protocol Public blockchain
Current price (USD) Current price (USD) 11.9943 Current price (USD) 0.0558
All-time high (USD) All-time high (USD) 51.3900 All-time high (USD) 0.7745
Price change (24h) Price change (24h) -0.14 Price change (24h) -0.15
Volume (24h) Volume (24h) 0.00000 Volume (24h) 131394.79188
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 4436644.00000 Max Supply 1000000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 0.00000 Circulating Supply 1300000000.00000
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability medium
Algorithm Algorithm No data Algorithm No data
Proof type Proof type No data Proof type No data
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 4436643.92853 Total coins mined 1000000000.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

genesis.vision loomx.io

Twitter

@genesis_vision @loomnetwork
Website Website genesis.vision Website loomx.io
Twitter Twitter @genesis_vision Twitter @loomnetwork

Advantages

- Build apps A platform for social and games

Disadvantages

- Possible scaling issues No backing

Rating

User rating User rating 5 / 5 1 user review User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages - Advantages Build apps A platform for social and games
Disadvantages Disadvantages - Disadvantages Possible scaling issues No backing

Genesis Vision (GVT) user rating is 5, based on 1 user reviews. Loom Network (LOOM) 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?
Trust Score: 4.24 / 5 Write review
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Genesis Vision (GVT) features

At the moment Genesis Vision (GVT) price is 12.9943. Its 24h volume is 0.0. 24h price change is 0.14.

Genesis Vision (GVT) max supply is 4,436,644.0. The circulating supply is 0.0.

Block reward is 0.0.

At the moment the number of coins mined is 4,436,644.92853.

Genesis Vision (GVT) Cryptogeek user rating is 5, based on 1 user reviews.

Loom Network (LOOM) features

Loom Network (LOOM) price is 0.558. Its 24h volume is 131,395.79188. 24h price change is 0.15.

Loom Network (LOOM) max supply is 1,000,000,000.0. The circulating supply is 1,300,000,000.0.

Block reward is 0.0.

At the moment the number of coins mined is 1,000,000,000.0. Mining profitability is medium.

Loom Network (LOOM) Cryptogeek user rating is 4.3, 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.

On this page, you can compare Genesis Vision (GVT) with Loom Network (LOOM). 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.