Electroneum Price Down 17.3% This Week (ETN)

Electroneum (ETN) traded 2% lower against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on January 21st. Electroneum has a market cap of $42.80 million and approximately $1.25 million worth of Electroneum was traded on exchanges in the last day. During the last week, Electroneum has traded 17.3% lower against the dollar. One Electroneum coin can currently be purchased for approximately $0.0024 or 0.00000002 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 2.9% lower against the dollar and now trades at $0.33 or 0.00000316 BTC.
• Creditcoin (CTC) traded 1.9% lower against the dollar and now trades at $1.03 or 0.00000984 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00000955 BTC.
• Verasity (VRA) traded up 0.2% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.9% higher against the dollar and now trades at $0.35 or 0.00000338 BTC.
• The Transfer Token (TTT) traded up 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 5% higher against the dollar and now trades at $0.0034 or 0.00000003 BTC.

Electroneum Profile

Electroneum uses the hashing algorithm. It launched on September 14th, 2017. Electroneum’s total supply is 17,979,817,605 coins. The Reddit community for Electroneum is https://reddit.com/r/electroneum and the currency’s Github account can be viewed here. The official message board for Electroneum is medium.com/@etn-network. Electroneum’s official Twitter account is @electroneum and its Facebook page is accessible here. Electroneum’s official website is electroneum.com.

According to CryptoCompare, “Electroneum (ETN) is a Layer 1 EVM-compatible blockchain known for its swift transaction speed of 5 seconds with instant finality, low smart contract fees, and high energy efficiency, using the Istanbul Byzantine Fault Tolerance (IBFT) consensus. It powers AnyTask.com, aiding freelancers globally by enabling payments in ETN, which is especially beneficial for the 1.4 billion people without bank accounts. Created in 2017 by Richard Ells, ETN has expanded its use to over 4 million users and supports various charitable and educational projects through its validator program.”

Buying and Selling Electroneum

It is usually not presently possible to buy alternative cryptocurrencies such as Electroneum directly using US dollars. Investors seeking to acquire Electroneum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Electroneum using one of the exchanges listed above.

ETN/USD price chart by TradingView