Electroneum Reaches Market Capitalization of $40.03 Million (ETN)

Electroneum (ETN) traded up 2.1% against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on October 23rd. In the last seven days, Electroneum has traded up 3.6% against the U.S. dollar. Electroneum has a market cap of $40.03 million and approximately $590,638.02 worth of Electroneum was traded on exchanges in the last day. One Electroneum coin can now be purchased for about $0.0022 or 0.00000003 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 2.2% lower against the dollar and now trades at $0.12 or 0.00000176 BTC.
• Creditcoin (CTC) traded down 1.8% against the dollar and now trades at $0.39 or 0.00000594 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001510 BTC.
• Verasity (VRA) traded 3.5% lower against the dollar and now trades at $0.0028 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 1.5% against the dollar and now trades at $0.32 or 0.00000488 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 6.4% against the dollar and now trades at $0.0086 or 0.00000013 BTC.

Electroneum Profile

Electroneum (ETN) uses the hashing algorithm. Its genesis date was September 14th, 2017. Electroneum’s total supply is 17,979,817,605 coins. 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. 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.

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 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 GDAX, 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