It’s true that Electroneum was a great disappointment for investors in 2018. ETN price went down from $0.000001 on January 1st 2018 to $0.007563 on December 31 2018. However, it is worth monitoring our Electroneum price prediction algorithm: Electroneum might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, ETN might be the coin to watch closely now.
The current Electroneum price is $0.003593, its circulating supply is 9 883 341 851 ETN. Our algorithm predicts that based on historical data Electroneum price will be at $0.004174 in 1 week and $0.004977 in 1 month. Our deep learning algorithm predicts the ETN price will be at $0.009241 in 6 months. Analysis of the cryptocurrency market shows that Electroneum price may reach $0.012542 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that ETN will stay around $0.011311 in 2019, $0.012542 in 2020, $0.013241 in 2021, $0.015191 in 2022 and $0.016896 in 2023.
While creating the Electroneum prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.009241 and lowest possible predicted price is $0.006973.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Electroneum has the potential to stay within "survivors" team. Our Electroneum short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Electroneum Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Electroneum forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Electroneum (ETN)?
The current price of Electroneum is $0.003593.
What is the current market capitalization of Electroneum (ETN)?
The current market capitalization of Electroneum is $35 508 196.
What will be the price of Electroneum (ETN) Tomorrow?
Our algorithm forecasts that the price of Electroneum will reach $0.003654 tomorrow.
In 1 year from now what will 1 Electroneum be worth?
As per the forecast and algorithmic analysis, the the price of 1 Electroneum will be around $0.011311.
Is it profitable to invest in Electroneum (ETN)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Electroneum (ETN) as a short term investment. Electroneum can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Electroneum be growing in the Future?
Electroneum is potentially one of the most profitable among digital coins.
How high can the Price of Electroneum go?
Our algorithm forecasts that the price of Electroneum will reach $0.016896 by 2023.
Is Electroneum (ETN) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Electroneum now.
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.
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