- 1 Will electroneum hit 1$
- 2 Strong aspects of Electroneum
In this article I will try to analyze that will electroneum hit 1$ or how high will electroneum go. Electroneum is the ICO which had attracted the attention of lots of investors and became one of the most successful ICOs.
***Disclaimer- This article is meant for educational purpose. Do your own proper research before investing. We will not be responsible for any loss.
Will electroneum hit 1$
As we all know that initially electroneum is launched at 0.01$ per coin and now people are expecting 1$ means 100 times. So first of all etn had to prove itself by building that kind of infrastructure. Honestly speaking electroneum is very active and working with a great pace. First of all, if electroneum had to hit 1 USD than crypto market should have to be in bullish behavior. You can read my article on when crypto market will recover in 2018 to analyze this. It is very necessary that our crypto market will fully recover and be in bullish behavior for etn to be 1 USD.
Now another question arises suppose our crypto market gets bullish then does our electroneum coin has that potential so that it’s value will reach 1 USD. Let’s talk on this topic. Straightly speaking from my point of view Etn has that potential now I will tell you some of the statements which supports it. Etn has recently reached 1 million live users.
Strong aspects of Electroneum
Electroneum’s team recently gives very frequent updates like in MWC 2018 they showcase their future plans. Also signed a lot of deals with mobile partners to reach 100 million mobile users. Also, they have launched a mobile miner for all of the users. They have signed agreements in place to develop Electroneum payment integration for over 1.2 million agents, dealers, and distributors in over 9 countries. They are trying to increase the number of methods to spend electroneum also across the world. This shows that the team is very active and hardworking. “Will electroneum hit 1$” can be answered easily by saying yahoo finance is supporting this project.
Bitcoin ETF can bring huge money to the crypto market
There is a very reputed finance group called CBOE planning to launch a bitcoin ETF. This group also launched bitcoin futures last year which leads to huge growth. Bitcoin ETF if approved by SEC then it can bring trillions of dollars to crypto market. This will result in a huge rise in electroneum price and other cryptos as well. Because electroneum is traded with bitcoin so if bitcoin will boom then etn will also boom. You can read the full detailed post on bitcoin ETF here.
***Update- Recently Electroneum gets listed on one of the biggest exchange which is Hitbtc.
Now Electroneum can be exchanged for fiat
Recently Electroneum has announced that ETN can now be exchanged for Fiat. Now ETN can be exchanged for USD, Euro, and Turkish Lira. The conclusion is that ETN can now be exchanged for the two most powerful fiat currency which is Dollar and Euro. You can exchange ETN/EUR in Liquid exchange by Quoine global from Nov 5, 2018. Also, people including US citizens can sell/buy ETN for fiat USD and Lira in Turkey’s top exchange Sistemkoin soon. You can see both official announcements here in these tweets.
Mega news! #ETN is partnering with Turkey's top cryptocurrency exchange to bring 3 new ETN pairings – Dollars, Lira and BitCoin – live very soon.
And SistemKoin allows US citizens to trade, so they'll be able to open an account and buy and sell ETN in USD . Exciting times! pic.twitter.com/J07vTNBSeU
— electroneum (@electroneum) October 26, 2018
Adoption is vital for the growth of cryptocurrency and @Electroneum is at the forefront.$ETN can be sent and received from any smartphone, while vendors can easily implement an instant payment system via a simple API.$ETN/$EUR pair coming to Liquid November 5.#BeLiquid pic.twitter.com/kIvj9F54PO
— Liquid (@QuoineGlobal) October 26, 2018
When electroneum will reach 1 USD
Now from the above points, it is sure that etn has a good amount of user base. Investors are ready to buy it but the problem is it is still not listed on big exchanges like bittrex,poloniex,bithumb,binance etc. But etn team are saying that they will make sure that they will list on this big giants. I have a strong confidence that the ETN value will reach 1 USD as soon as these exchanges list ETN because the market is fully ready for etn but it needs a good platform. I am 90% sure that in 2019 ETN will touch 1 USD or even more. ETN team. Read here about electroneum price prediction.
ETN only needs the bullish crypto market and big exchanges which I am sure it will happen this year. Recently ETN gets listed on bitbns so it is now accessible to 1.3 billion Indians as well. Also, megaxcoin has also announced to integrate ETN for their users. Hitbtc officially announced to list ETN so all these above points are in favor of ETN to hit 1 USD.
Crypto market will become bullish after June that is my prediction. So in the mid of 2019 ETN will reach 1 USD for sure. I don’t see any point against of etn that it will not reach 1 USD. People are expecting even more from etn like 10 USD,100 USD but that’s not possible nearby. In the future, it can possible because nobody expected that bitcoin could reach 19000 USD. ETN has that kind of potential and user reach to be 1 USD. It has a brilliant team, the brilliant project only needs exposure with good pace. Also, bitcoin ETF will play a crucial role as btc increase etn and other cryptos will also increase.
** Important point to note**
I am not responsible for any losses made by you if you are investing in electroneum coin. Do your own research and read the whitepaper first before investing in anything. Tip – Invest only that much amount which you can afford to lose.
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