Current Price: £0.024 | $0.033
7 Day Change: 34.4%
Over the past 24 hours, Electroneum has seen a price surge, rising almost 30% in that period bringing the plucky underdog currency back into the top 100 cryptocurrencies. This could be the beginning of Electroneum really taking off, or just a minor blip. Personally, I'd quite like to see small steady increases over time rather than massive surges and equally massive crashes. For Electroneum to achieve its goal of mass adoption, the price really needs to stabilise and not be quite so volatile.
I've just sold off a few hundred of my holdings in order to reinvest in Verge (XVG), but that's just a tiny drop in my ETN vault so I'm still heavily invested in Electroneum (for me anyway). Exactly where the price will go is anybody's guess right now, especially since the overwhelming consensus seemed to be that ETN is on its way out. Are we looking at one final spasm before the project dies? I highly doubt it. There's a tonne of uncertainty in the markets at the moment, with the future of BTC as the granddaddy of cryptos coming into question. It's both exciting, and fairly scary too.
If you haven't already signed up for an Electroneum account, what are you playing at? Head on over to electroneum.com or to your App Store of choice and search for the official Electroneum app. I'd really appreciate it if you used my referral code when signing up: EE2B57
What do you make about this 24 hour boom with Electroneum? Let me know your thoughts and feelings in the comment section down below, and as always make sure to follow me for the latest Cryptocurrency, Technology, Internet and Pop Culture updates. If you're a fan of strange YouTube videos, you might want to follow me on Twitter. Until next time, Peace!
Source:
Electroneum on CoinMarketCap (https://coinmarketcap.com/currencies/electroneum/)
I will read more about this project, @johngreenfield Electroneum seems very "Mobile First." that I do like, Here are my thoughts:
https://steemit.com/electroneum/@lancine/electroneum
Hey bud, thanks for stopping by and leaving a comment! Absolutely, the team want to achieve mass adoption and they figure the best way of doing that is by focusing on mobile devices.
As Electroneum is a fork of Monero, it's got some pretty robust privacy and security features built in although their upcoming soft fork will do away with certain features in favour of faster transactions.
If you have an android phone, it's definitely worth getting and signing up for the Electroneum Mobile app. You can earn roughly 10ETN a day through the Mobile Miner, without risking damage to your phone. It's a "simulated" experience, paid for by the premine they did before launching the blockchain. It's a good way to start building up your ETN reserves without investing your fiat or other cryptos.
I do a weekly news update all about Electroneum, just working on this weeks post as we speak, so keep an eye out for that later on today. You can read about the upcoming soft fork and mobile miner in last weeks post: https://steemit.com/electroneum/@johngreenfield/electroneum-weekly-news-roundup-30-04-18
Haha I saw that & immediately thought @johngreenfield is gonna be happy to see that!!
haha I'd be lying if I said I didn't give out a sigh of relief when I saw the prices! It could be a small price blip, but I'd quite like to see small steady gains over time. I think we all would really.
I couldn’t agree more. I want to see the price continue to rise like it has over the past 48-72 hours. Hopefully they’ll learn from all the mistakes they’ve made and get back on track now!
Electroneum value has been so low for so long that any correction looks like big spike in the value... Recent news have been more positive than negative, so I don't think this is a banzai charge before Electroneum vanishes like flatulence in Sahara Desert.
Absolutely bud, this kinda change back in December wouldn't have even registered as anything significant. You're probably right, it's just nice to see that finally there's a bit of positivity to break up the cloudy feeling.
haha man that analogy nearly made me choke on my coffee, fucking hilarious!
That analogy is pretty popular where I live... What's really funny is that there is actually a place called "Fart" just outside North-East corner of Sahara Desert.
I've never heard of that one before, gonna have to steal it! Might avoid visiting Fart in the future though
I do maps for several companies, so just for fun I tried to look up maps for other regions... I was pretty amused.
Reminds me I need to check on my cryptokitties!
My kitties check my cryptos... fall asleep on the keyboard while MinerGate is mining on the screen... MinerGate is still one of the few miners that work on 32-bit Windows Vista ;)
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