Hello Everyone,
Today let us see about one more cryptocurrency named Electroneum(ETN). Many of have would have participated in the ETN ICO in the year 2017 and have earned 20x profits. The ICO was launched in Nov 2017 at $0.01 per coin and the price of one ETN hit $0.20 in Jan 2018 after the ICO ended. So whoever sold ETN at that time, would have made 20x easily. Even though ETN is in downtrend now, it has bright future and it is a great potential project. So let us see more about it.
At the time of writing this blog, ETN is listed in coin market cap at rank 111 with total market capitalization of $69,637,753 and price of $0.009578. It is a mineable coin and available at exchanges such as Bitbns, Cryptopia, Kucoin etc. Total supply for ETN stands 21,000,000,000 ever.
Electroneum is popularly known as The Mobile Cryptocurrency. This is basically designed for mass adoption. ETN allows user to make instant and micro payments with very low transaction fees. ETN believes that it will help 350,000,000 smartphone users to enter in the digital market for which they are going to enable 3 trillion dollar market.
ETN has launched a mobile miner for android users in March 2018 using which user can mine small amout of ETN using the hash power of mobile CPU. Lots of people are mining good amount of ETN till date. The count of mobile miners crossed 1,40,000 in June 2018 and continued to grow. ETN has successfully registered 1.6 million users during a span of less than 6 months which is far better than facebook and twitter. This shows how people are fascinated by Electroneum.
ETN team includes well experienced developers, very proactive marketing managers and Richard Ells joined as a Chief Executive Office. ETN marketing team has worked very proactively to create a hype in the market and that is the reason it gave 20x profits to the users. But this is not the end of the ETN. I hope ETN will touch $1 per coin not within the short period of time but in long term.
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