Orchid vs Steem — how do they compare? Orchid trades at Rp164.34 (market cap Rp190,2M, Rp47,84M 24h volume), while Steem trades at Rp648.16 (market cap Rp400,47M, Rp44,71M 24h volume). The key difference: Steem is far larger — about 2.1× Orchid's market cap, and Orchid's circulating supply is 997,2M OXT versus 552,3M STEEM for Steem. Which is the better fit depends on your goals — on Pluang, investors hold Orchid for 44 Days and Steem for 44 Days on average.
| OXT | STEEM | |
|---|---|---|
Market Cap | Rp190,2M | Rp400,47M |
Volume (24h) | Rp47,84M | Rp44,71M |
Circulating Supply | 997,2M OXT | 552,3M STEEM |
Typical Hold Time | 44 Days | 44 Days |
Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network. Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.
Read more on OXT →Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency.
Read more on STEEM →