Loom Network (LOOM) vs Shiba Inu Comparison

Compare companies

On this page, you can compare Loom Network (LOOM) with Shiba Inu. 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 4.5 / 5 2 user reviews

Cryptogeek rating

3.8 / 5 4 / 5

Trust Score

How it works
4.24 / 5 3.9 / 5

About

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.
The Shiba Inu token is sometimes referred to as the Dogecoin killer. The project emerged on the market in august 2020.

Type

token No data

Founding Date

2017 2020

Country

International International

Languages

No data English, German, Italian, Russian, Chinese, Vietnamese, Romanian, Hebrew

Team

Public No data

Protocol

Public blockchain No data

Current price (USD)

0.0593 No data

All-time high (USD)

0.7745 No data

Price change (24h)

3.72 No data

Volume (24h)

719244.82537 No data

Hashrate

No data No data

Max Supply

1000000000.00000 No data

Total supply

No data No data

Circulating Supply

1300000000.00000 No data

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

1000000000.00000 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 4.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.24 / 5 Trust Score 3.9 / 5
About
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.
The Shiba Inu token is sometimes referred to as the Dogecoin killer. The project emerged on the market in august 2020.
Type Type token Type No data
Founding Date Founding Date 2017 Founding Date 2020
Country Country International Country International
Languages Languages No data Languages English, German, Italian, Russian, Chinese, Vietnamese, Romanian, Hebrew
Team Team Public Team No data
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 0.0593 Current price (USD) No data
All-time high (USD) All-time high (USD) 0.7745 All-time high (USD) No data
Price change (24h) Price change (24h) 3.72 Price change (24h) No data
Volume (24h) Volume (24h) 719244.82537 Volume (24h) No data
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 1000000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 1300000000.00000 Circulating Supply No data
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 medium Mining profitability No data
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 1000000000.00000 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

loomx.io shibatoken.com

Twitter

@loomnetwork @shibtoken
Website Website loomx.io Website shibatoken.com
Twitter Twitter @loomnetwork Twitter @shibtoken

Advantages

Build apps A platform for social and games Fast growth Huge market cap Available on many exchanges

Disadvantages

Possible scaling issues No backing Questionable promotion moves

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 4.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Build apps A platform for social and games Advantages Fast growth Huge market cap Available on many exchanges
Disadvantages Disadvantages Possible scaling issues No backing Disadvantages Questionable promotion moves

Loom Network (LOOM) user rating is 4.3, based on 3 user reviews. Shiba Inu user rating is 4.5, based on 2 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
Trust Score: 3.9 / 5 Write review
Choose other companies
Loom Network (LOOM) features

At the moment Loom Network (LOOM) price is 0.593. Its 24h volume is 719,245.82537. 24h price change is 4.72.

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.

Shiba Inu features

Shiba Inu Cryptogeek user rating is 4.5, based on 2 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 Loom Network (LOOM) with Shiba Inu. 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.