Electroneum is a mobile cryptocurrency, which was designed for mass implementation and is designed to do this, making it easier for smartphone users to purchase Electroneum. They recently released a new M1 smartphone. ETN focuses more on speeding up microtransactions, such as buying mobile games, paying for apps, and sending money to friends.
Electroneum ICO, launched on September 14, 2017, showed quite average results compared to other cryptocurrencies. In fact, there are a large number of cryptocurrency, which brought their investors a much better return than Electroneum. But he was able to attract investor interest due to his unique features, such as mobile mining.
Electroneum offers many achievements in 2019, such as achieving KYC compliance and a wave of partnerships. Even more exchanges, such as Bittrex and Binance, may begin to attract ETN. Wallst is really amazed at the idea of Electroneum, as they recently launched the Vendor API, which facilitates sharing, and even developers can effectively bring their applications to the market, regardless.
The ETN price today is $ 0.005812. Currently, the negotiable offer is 9,279,462,627 ETN with a market capitalization of $ 53,930,186.
What is Electroneum (ETN)?
Electroneum is the first cryptocurrency developed by the British, which represents a huge change in the market. It is built on its own unique blockchain – the blockchain is the basic technological infrastructure under any cryptography and is intended to dominate the mobile market. First, they are incredibly easy to manage and even copy them in a mobile application. This means that it can be a simple, innovative and secure way to perform instant transactions from your mobile phone – from buying mobile games to betting on live sports and sending money to friends.
Electroneum is an additional digital currency that was designed to provide anyone, regardless of its technical capabilities, with easy access to cryptocurrency. A few minutes after installing the mobile application, any user can see the addition of ETN to his wallet using unique mobile mining. Almost all cryptocurrencies are “mined” on special equipment, but Electroneum can be obtained using mobile mining in the application.
Market Forecast for Electroneum (ETN) Price
Since the market is quite volatile, it will not be easy to predict the price of any cryptocurrency, including for the 54th largest cryptocurrency in the world. But investors are optimistic about this cryptocurrency. Let’s look at the forecasts of some investors or websites:
# 1 JioMobilePhone1500
JioMobilePhone1500 is a cryptocurrency prediction website that predicts the price of each cryptocurrency. The ETN price is projected to reach $ 3 by August 2020.
# 2 United States raised
Based on factors such as current performance, technology and market trends, the website uslifed.com predicted the Electroneum price. According to this ETN price forecast, he predicts that Electroneum prices will be around $ 0.812 in early 2020 and $ 1.10 by December 2020.
# 3 CoinLiker
CoinLiker is a website that performs technical analysis and gives long-term price forecasts. He predicts that ETN could reach $ 2.44 by 2023.
# 4 Crypto Ground
Crypto-earth is projected for one month, six months, one year and five years. He predicted that Electroneum could reach $ 0.0065 per month, $ 0.0096 at 6 months, $ 0.0432 per year and $ 0.1913 at 5 years.
Our verdict on the price forecast Electroneum (ETN)
Electroneum has a dedicated and experienced show management team. CEO Richard Ells has experience building a successful technical business. The most recent of them is Retortal Ltd, whose value is estimated at 50 million dollars. So far, the team has quickly developed new features and fixed any problems. They also informed their investors about their goals and how they were going to achieve them, unlike many other cryptocurrency projects. Due to its attractiveness for non-technical users, it received massive grassroots support. People hope that Electroneum can become a coin, which will lead to the massive introduction of cryptocurrency due to mobility. It is expected that by the end of 2019 it will reach $ 0.0355, which is not so far. Community and crypto enthusiasts saw the potential in ETN;
Electroneum (ETN) 2019 price forecast
Electroneum focuses on connecting to mobile users by providing convenient mobile mining. ETN has introduced the phrase “support currency” because it is going to allow a market of $ 3 trillion, allowing more than 350 million smartphone users in developing countries to enter the digital market for the first time. With instant benefits for mobile operators in the regions, including significant savings in transaction costs, there are operators who can help us negotiate with more than 100 million users and many more operators.
For more than 1.6 million registered users, they have faster viral growth than Facebook and Twitter over the same time period. Their Android application is already fully functional in 20 languages, which makes accessibility for users high.
They are developing an API that makes it easy to integrate into the ACCEPT ETN. In fact, this means that the e-commerce system will simply provide an opportunity for instant verification and even makes it easy to integrate into ePOS systems (electronic points of sale or payment systems). Their instant payment API system is still in BETA, which is expected to be completed next year, as developers are working on it.
They are going to release a catalog of suppliers by next year, in which you can see the suppliers who have adopted ETN. Even the launch of the instant payment option is still under development, which can take effect by 2019. Despite all these developments, the year 2019 looks bright, and by the end of 2019 the ETN value may increase to about 0.0355.
ETN 2020 Price Forecast
2020 will be an excellent year for ETN in terms of productivity and development. The community can reach 3 million users worldwide. By 2020, ETN may even be credited to some major exchanges, such as Binance and Poloniex. Even ETN can be a partner with the main hardware wallets, except for the only wallet that they have. They can have a full-featured concert economy website.
Concert economics are an environment in which temporary positions are shared, and organizations enter into contracts with independent employees for short-term contracts. As the world becomes an increasingly global village, experts expect this number of workers to increase. The trend towards a concert economy is increasing.
In this modern digital world, more and more people work remotely or from home. This facilitates independent contract work, as many jobs do not require a freelancer to come into the office to work. By the end of 2020, ETN is likely to reach $ 0.05796, which may be possible due to this growth and development.
ETN price forecast for the next five years
In another five years, ETN will grow rapidly and may even rise in the rating in terms of market capitalization. ETN has made faster progress thanks to its uniqueness and technology.
It is expected that by the end of 2023 ETN will reach $ 0.10384, which is about 10 times more than today. ETN has a large community of followers and several experienced developers who are working on the latest achievements and developments. You can convert ETN to BTC from CoinSwitch at the best prices.