Electroneum Price (ETN Coin) Continues Its Slide Downard as Community Members Weigh In

Many altcoins are going through a rough patch right now, Electroneum is one of them. Momentum is not on their side and many analysts believe that they have a possibility of slipping below $0.0055 in value.

At present, ETN is getting traded at USD 0.00584754. It holds 80th position in the crypto arena with a market cap worth of USD 53,120,384. It has a circulating supply of 9,078,512,208 ETN. Compared to yesterday’s price, the value of ETN has been increased by 4.09%. It is currently following a bearish trend.

There is a partnership involving ETN and The Unlimited Mobile Provider of South Africa which is another major Electroneum related development. This can probably help put a positive spin on the whole situation. This integration has benefited the users in earning double airtime and double data when the balance is recharged with Electroneum.

Electroneum (ETN) is a mobile friendly cryptocurrency that was launched with the aim of mass adoption. It is built off the Monero codebase, and it enables transactions on a decentralized blockchain. Like Monero, ETN too has some privacy features. In the case of Bitcoin transactions, the privacy of the sender and receiver gets hampered as their wallet address remains public. This is not the case with ETN. It has a stealth address and one-time public key that restricts recipient’s fund to get linked up with their wallet.

ETN acceptance is increasing rapidly every day. In fact, their user base grew faster in the last year than Facebook and Twitter. This is in part due to the revolutionary business model that allows us to reward users with up to $3 USD worth of ETN every month. Furthermore, their partners can earn an ongoing ETN reward through our referral programme, thus providing them with new revenue, viral growth, and loyalty opportunities.

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