Electroneum (ETN) Hits Self Reported Market Capitalization of $21.59 Million

Electroneum (ETN) traded 2.2% lower against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on December 31st. Electroneum has a total market capitalization of $21.59 million and approximately $391.63 thousand worth of Electroneum was traded on exchanges in the last day. One Electroneum coin can currently be purchased for about $0.0012 or 0.00000001 BTC on major cryptocurrency exchanges. During the last week, Electroneum has traded 7.7% higher against the U.S. dollar.

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

• IOTA (MIOTA) traded down 2.7% against the dollar and now trades at $0.0820 or 0.00000094 BTC.
• Creditcoin (CTC) traded 2.9% lower against the dollar and now trades at $0.24 or 0.00000275 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001143 BTC.
• Verasity (VRA) traded 17% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded 4.6% lower against the dollar and now trades at $0.0307 or 0.00000035 BTC.
• SOLVE (SOLVE) traded up 23.3% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

Electroneum Coin Profile

Electroneum (CRYPTO:ETN) uses the hashing algorithm. It launched on September 14th, 2017. Electroneum’s total supply is 17,979,817,605 coins and its circulating supply is 17,979,817,604 coins. Electroneum’s official Twitter account is @electroneum and its Facebook page is accessible here. Electroneum’s official message board is blog.electroneum.com. The official website for Electroneum is electroneum.com. The Reddit community for Electroneum is https://reddit.com/r/electroneum and the currency’s Github account can be viewed here.

According to CryptoCompare, “Electroneum is a mobile-phone-based crypto platform that offers an instant payment system. The project was formed in July 2017 and launched in September 2017 as the first U.K.-based cryptocurrency after completing a $40 million ICO.The focus of the Electroneum project is to provide the quickest and safest crypto transaction with minimal fees for the world’s unbanked population, which accounts for a billion of the world’s population.Continuing its focus on giving individuals with only access to smartphones a cheap and easy way to spend money all over the world, Electroneum launched its wallet manager in December 2017.In March 2018, Electroneum launched the first Android mobile “mining” application where people could take advantage of the processors of their device to mine ETN coins. In April of the same year, it secured a patent for instant crypto transactions.”

Buying and Selling Electroneum

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

ETN/USD price chart by TradingView