On this page, you can compare Ripple (XRP) with SUN (SUN). 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.
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Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.
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SUN (SUN) is a cryptocurrency designed to further the development of decentralized finance (DeFi) on blockchain network TRON (TRX).
Described as “the quintessential Bitcoin equivalent on TRON,” SUN is a voluntary project which runs on TRON’s TRC-20 token standard. A dedicated community administers operations via smart contracts.
SUN’s genesis mining phase began at the start of September 2020, lasting for two weeks before the official launch. Participants can stake TRON’s TRX token or other TRC-20 tokens to earn rewards and governance rights for SUN.
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| About |
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.
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SUN (SUN) is a cryptocurrency designed to further the development of decentralized finance (DeFi) on blockchain network TRON (TRX).
Described as “the quintessential Bitcoin equivalent on TRON,” SUN is a voluntary project which runs on TRON’s TRC-20 token standard. A dedicated community administers operations via smart contracts.
SUN’s genesis mining phase began at the start of September 2020, lasting for two weeks before the official launch. Participants can stake TRON’s TRX token or other TRC-20 tokens to earn rewards and governance rights for SUN.
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| Type |
Type
coin
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Type
No data
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| Founding Date |
Founding Date
2012
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Founding Date
No data
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| Country |
Country
International
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Country
No data
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Public
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Team
No data
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| Protocol |
Protocol
Public blockchain
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Protocol
No data
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| Current price (USD) |
Current price (USD)
2.4503
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Current price (USD)
No data
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| All-time high (USD) |
All-time high (USD)
3.8400
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All-time high (USD)
No data
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| Price change (24h) |
Price change (24h)
2.33
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Price change (24h)
No data
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| Volume (24h) |
Volume (24h)
587175336.62346
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Volume (24h)
No data
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| Hashrate |
Hashrate
No data
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Hashrate
No data
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| Max Supply |
Max Supply
99999999999.99999
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Max Supply
No data
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
99986858106.00000
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Circulating Supply
No data
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| Transaction speed / Block time |
Transaction speed / Block time
1500
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Transaction speed / Block time
No data
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| Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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| Mining profitability |
Mining profitability
low
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Mining profitability
No data
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| Algorithm |
Algorithm
No data
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Algorithm
No data
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| Proof type |
Proof type
No data
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Proof type
No data
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
No data
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Total coins mined
No data
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| Is trading |
Is trading
No data
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Is trading
No data
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| Block reward |
Block reward
No data
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Block reward
No data
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| Block time |
Block time
No data
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Block time
No data
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Ripple (XRP) user rating is 5, based on 4 user reviews. SUN (SUN) user rating is 3, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
At the moment Ripple (XRP) price is 2.4503. Its 24h volume is 587,175,337.62346. 24h price change is 2.33.
Ripple (XRP) max supply is 100,000,000,000.0. The circulating supply is 99,986,858,106.0.
Ripple (XRP) transaction speed/block time is 1500.
Mining profitability is low.
Ripple (XRP) Cryptogeek user rating is 5, based on 4 user reviews.
SUN (SUN) Cryptogeek user rating is 3, based on 1 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 Ripple (XRP) with SUN (SUN). 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.
