NEM (XEM) vs Skycoin (SKY) Comparison
On this page, you can compare NEM (XEM) with Skycoin (SKY). 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.
User rating
Cryptogeek rating
About
|
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.
|
Skycoin (SKY) is the native coin of the Skycoin Internet platform. You’ll be able to buy the coin on the project’s website, as well as to trade it against other cryptos on a number of exchanges.
|
Type
Founding Date
Country
Languages
Team
Protocol
|
Public blockchain
|
Public blockchain
|
Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
Hashrate
Max Supply
|
8999999999.00000
|
100000000.00000
|
Total supply
Circulating Supply
|
8999999999.00000
|
1555375174.19280
|
Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
Is trading
Block reward
Block time
| Company |
|
|
| User rating |
User rating
4.7 / 5
3 user reviews
|
User rating
4.7 / 5
3 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.6 / 5
|
Cryptogeek rating
4.4 / 5
|
| Trust Score
How it works
|
Trust Score
3.89 / 5
|
Trust Score
4.4 / 5
|
| About |
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.
|
Skycoin (SKY) is the native coin of the Skycoin Internet platform. You’ll be able to buy the coin on the project’s website, as well as to trade it against other cryptos on a number of exchanges.
|
| Type |
Type
coin
|
Type
coin
|
| Founding Date |
Founding Date
2015
|
Founding Date
2013
|
| Country |
Country
Japan
|
Country
International
|
| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
Not Public
|
Team
Public
|
| Protocol |
Protocol
Public blockchain
|
Protocol
Public blockchain
|
| Current price (USD) |
Current price (USD)
0.0320
|
Current price (USD)
0.0861
|
| All-time high (USD) |
All-time high (USD)
2.0900
|
All-time high (USD)
53.8300
|
| Price change (24h) |
Price change (24h)
3.86
|
Price change (24h)
2.18
|
| Volume (24h) |
Volume (24h)
278871.62136
|
Volume (24h)
4190.67876
|
| Hashrate |
Hashrate
No data
|
Hashrate
No data
|
| Max Supply |
Max Supply
8999999999.00000
|
Max Supply
100000000.00000
|
| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
8999999999.00000
|
Circulating Supply
1555375174.19280
|
| Transaction speed / Block time |
Transaction speed / Block time
4000
|
Transaction speed / Block time
300
|
| 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
No data
|
Total coins mined
11000000.00000
|
| Is trading |
Is trading
No data
|
Is trading
yes
|
| Block reward |
Block reward
No data
|
Block reward
0.000000000000
|
| Block time |
Block time
No data
|
Block time
10
|
Social
Website
Twitter
Advantages
|
Smart contracts
Fast
Lots of features
|
Lots of team members;
Decentralized network
|
Disadvantages
|
Confusing
Not physically or digitally backed
No active development since 2016
Small dApp ecosystem
|
No physical backing;
Lots of features not completed
|
Rating
| User rating |
User rating
4.7 / 5
3 user reviews
|
User rating
4.7 / 5
3 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.6 / 5
|
Cryptogeek rating
4.4 / 5
|
| Advantages |
Advantages
Smart contracts
Fast
Lots of features
|
Advantages
Lots of team members;
Decentralized network
|
| Disadvantages |
Disadvantages
Confusing
Not physically or digitally backed
No active development since 2016
Small dApp ecosystem
|
Disadvantages
No physical backing;
Lots of features not completed
|
NEM (XEM) user rating is 4.7, based on 3 user reviews. Skycoin (SKY) user rating is 4.7, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Choose other companies
At the moment NEM (XEM) price is 0.32. Its 24h volume is 278,872.62136. 24h price change is 4.86.
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.
Skycoin (SKY) price is 0.861. Its 24h volume is 4,191.67876. 24h price change is 2.18.
Skycoin (SKY) max supply is 100,000,000.0. The circulating supply is 1,555,375,174.1928.
Skycoin (SKY) transaction speed/block time is 300.
Block reward is 0.0.
At the moment the number of coins mined is 11,000,000.0.
Skycoin (SKY) Cryptogeek user rating is 4.7, 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 NEM (XEM) with Skycoin (SKY). 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.
