|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:||Tuesday, November 12, 2019 8:00:03AM UTC|
|Current price, USD:||0.004|
|Current price, BTC:||0.0000004|
|Market capitalization, USD:||35 291 203|
|Available supply:||9 882 180 661 ETN|
|Volume 24 hours, USD:||307 984|
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, $|
|Nov 03||0.004||0.004||0.004||36 199 903|
|Nov 04||0.004||0.004||0.004||35 868 479|
|Nov 05||0.004||0.004||0.004||35 762 757|
|Nov 06||0.004||0.004||0.004||36 973 243|
|Nov 07||0.004||0.004||0.004||36 751 992|
|Nov 08||0.004||0.004||0.004||36 230 213|
|Nov 09||0.004||0.004||0.004||35 443 514|
|Nov 10||0.004||0.004||0.004||35 721 175|
|Nov 11||0.004||0.004||0.004||35 209 365|
|Nov 12||0.004||0.004||0.004||35 291 203|
|ETN price change 24 hours||-0.386575%|
|ETN price change 7 days||-1.28501%|
Frankly speaking, I don't understand why Electroneum is ranked so high on Coinmarketcap. The 104th position given to a coin that has totally unimpressive fundamentals and a market capitalization of $36 million. That looks undeserved to me - I would have put it at least 50 spots lower. I literally cannot say anything good about this crypto. It has a negative ROI; the price movement is uneventful; the trading volumes are low.
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.
We publish the most accurate Electroneum Forecasts and News including crypto industry experts' opinion on a daily basis