|Brief||Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market by allowing over 350m smartphone users in the developing world to enter the digital market for the first time...|
|Last updated:||Monday, September 16, 2019 4:00:03AM UTC|
|Current price, USD:||0.004|
|Current price, BTC:||0.0000004|
|Market capitalization, USD:||38 383 155|
|Available supply:||9 812 909 773 ETN|
|Volume 24 hours, USD:||132 533|
General ETN facts, technical details and general information about Electroneum crypto currency
Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market (Price Waterhouse Coopers predicts this market to be as large as USD 3 trillion in their 2017 Global Fintech Report) by allowing over 350m smartphone users in the developing world to enter the digital market for the first time.
With immediate benefits to the mobile operators in those regions, including meaningful transactional cost savings, there are operators who could take us to well over 100 million users and many more operators in negotiation.
Our unique mobile miner puts a small amount of ETN into the hands of users every day, providing market liquidity and driving viral growth. With over 1.6 million registered users, we have a faster viral growth than both Facebook and Twitter over the same time period.
We list daily Electroneum historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 07||0.003||0.003||0.004||34 744 806|
|Sep 08||0.004||0.003||0.004||34 344 950|
|Sep 09||0.004||0.003||0.004||34 505 394|
|Sep 10||0.004||0.003||0.004||33 731 387|
|Sep 11||0.003||0.003||0.003||33 539 469|
|Sep 12||0.003||0.003||0.003||34 198 052|
|Sep 13||0.003||0.003||0.004||36 543 928|
|Sep 14||0.004||0.004||0.004||38 112 156|
|Sep 15||0.004||0.004||0.004||38 107 322|
|Sep 16||0.004||0.004||0.004||38 383 155|
|ETN price change 24 hours||1.7377%|
|ETN price change 7 days||12.0608%|
ETN thinks they are capable of single handedly bringing about a $3 trillion market. Although I think this entire space is worth 10x that, I do not believe a project like ETN will have such a drastic impact on the way the cryptocurrency market is viewed. I do think that they play a beneficial role in the overall space, but claiming that they will bring about a bull run is saying a little too much.
I agree that the idea of Electroneum is very interesting and modern. The team and the developers want to cover the huge market of mobile and online gambling. The team is purposeful, the tasks for the development and implementation of such a platform are not very easy, and there may be a lull now because of not very favorable market conditions, although this should not hinder the development and modernization of the platform.
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