IOTA (MIOTA) vs NEM (XEM) Comparison

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On this page, you can compare IOTA (MIOTA) with NEM (XEM). 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 4.7 / 5 3 user reviews

Cryptogeek rating

3.8 / 5 3.6 / 5

Trust Score

How it works
4.24 / 5 3.89 / 5

About

IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).
NEM (New Economy Movement) is a blockchain-based platform for operation of mission-critical transactions for businesses. The platform has its own blockchain and a native token called XEM. NEM appeared on the market in 2015. Currently, it is one of the most successful blockchain projects hailing from Japan.

Type

coin coin

Founding Date

2015 2015

Country

Germany Japan

Languages

No data No data

Team

Public Not Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.2066 0.0231

All-time high (USD)

5.6900 2.0900

Price change (24h)

21.47 6.27

Volume (24h)

19032427.83047 515287.47763

Hashrate

No data No data

Max Supply

2779530283.00000 8999999999.00000

Total supply

No data No data

Circulating Supply

2779530283.27780 8999999999.00000

Transaction speed / Block time

1500 4000

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data No data

Proof type

Tangle No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

2779530283.00000 No data

Is trading

yes No data

Block reward

0.000000000000 No data

Block time

No data No data
Company
User rating User rating 4.3 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 3.6 / 5
Trust Score How it works Trust Score 4.24 / 5 Trust Score 3.89 / 5
About
IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).
NEM (New Economy Movement) is a blockchain-based platform for operation of mission-critical transactions for businesses. The platform has its own blockchain and a native token called XEM. NEM appeared on the market in 2015. Currently, it is one of the most successful blockchain projects hailing from Japan.
Type Type coin Type coin
Founding Date Founding Date 2015 Founding Date 2015
Country Country Germany Country Japan
Languages Languages No data Languages No data
Team Team Public Team Not Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.2066 Current price (USD) 0.0231
All-time high (USD) All-time high (USD) 5.6900 All-time high (USD) 2.0900
Price change (24h) Price change (24h) 21.47 Price change (24h) 6.27
Volume (24h) Volume (24h) 19032427.83047 Volume (24h) 515287.47763
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 2779530283.00000 Max Supply 8999999999.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 2779530283.27780 Circulating Supply 8999999999.00000
Transaction speed / Block time Transaction speed / Block time 1500 Transaction speed / Block time 4000
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability medium
Algorithm Algorithm No data Algorithm No data
Proof type Proof type Tangle 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 2779530283.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 0.000000000000 Block reward No data
Block time Block time No data Block time No data

Social

Website

www.iota.org nem.io

Twitter

IOTA @nemofficial
Website Website www.iota.org Website nem.io
Twitter Twitter IOTA Twitter @nemofficial

Advantages

Extremely small transactions Scalability Lightweight Smart contracts Fast Lots of features

Disadvantages

Smart Contracts Vulnerability Confusing Not physically or digitally backed No active development since 2016 Small dApp ecosystem

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 3.6 / 5
Advantages Advantages Extremely small transactions Scalability Lightweight Advantages Smart contracts Fast Lots of features
Disadvantages Disadvantages Smart Contracts Vulnerability Disadvantages Confusing Not physically or digitally backed No active development since 2016 Small dApp ecosystem

IOTA (MIOTA) user rating is 4.3, based on 3 user reviews. NEM (XEM) user rating is 4.7, 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: 3.89 / 5 Write review
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IOTA (MIOTA) features

At the moment IOTA (MIOTA) price is 0.2066. Its 24h volume is 19,032,428.83047. 24h price change is 21.47.

IOTA (MIOTA) max supply is 2,779,530,283.0. The circulating supply is 2,779,530,283.2778.

IOTA (MIOTA) transaction speed/block time is 1500. Block reward is 0.0.

At the moment the number of coins mined is 2,779,530,283.0. Mining profitability is medium.

IOTA (MIOTA) Cryptogeek user rating is 4.3, based on 3 user reviews.

NEM (XEM) features

NEM (XEM) price is 0.231. Its 24h volume is 515,287.47763. 24h price change is 6.27.

NEM (XEM) max supply is 8,999,999,999.0. The circulating supply is 8,999,999,999.0.

NEM (XEM) transaction speed/block time is 4000.

Mining profitability is medium.

NEM (XEM) Cryptogeek user rating is 4.7, 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 IOTA (MIOTA) with NEM (XEM). 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.