Electroneum (ETN) Reaches Market Capitalization of $34.73 Million

Electroneum (ETN) traded down 2.4% against the U.S. dollar during the 1 day period ending at 22:00 PM ET on October 25th. Over the last week, Electroneum has traded down 14.4% against the U.S. dollar. Electroneum has a total market capitalization of $34.73 million and approximately $640,891.55 worth of Electroneum was traded on exchanges in the last day. One Electroneum coin can currently be bought for about $0.0019 or 0.00000003 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded 7.4% lower against the dollar and now trades at $0.11 or 0.00000162 BTC.
• Creditcoin (CTC) traded down 4.9% against the dollar and now trades at $0.37 or 0.00000562 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001500 BTC.
• Verasity (VRA) traded 7% lower against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 7.7% against the dollar and now trades at $0.28 or 0.00000421 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded down 8.9% against the dollar and now trades at $0.0080 or 0.00000012 BTC.

Electroneum Profile

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

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 trade Electroneum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Electroneum using one of the aforementioned exchanges.

ETN/USD price chart by TradingView