Electroneum (ETN) has shown the sign of rising

Electroneum (ETN) has shown the sign of rising

The mobile-based Crypto Coin is discussing lot around but considering the Cryptocurrency market in the last few weeks, it has not allowed many coins to stabilize. But, Electroneum (ETN) is one among few which has tried to restrain the bear's pattern of the crypto market in the last few weeks. The Electroneum coin has shown the signs of rising in a bullish pattern. We could expect this from the ETN Coin because it has been appreciated a lot by crypto traders."Electroneum (ETN) has shown the sign of rising"

Electroneum (ETN) has shown the sign of rising

The KYC Compliance is the standout thing for the digital currency. Being KYC compliant does not jeopardize user’s personal information and data but an added transparency layer that any truly decentralized application should have. So, keeping very high expectations from Electroneum ETN is just due to one of its core features of being a KYC Compliant Cryptocurrency. 

It will take a bit of time for Electroneum (ETN) to grow its network because it is still new in crypto space and in just one year it has achieved a lot. In last one-month ETN coin has traded around $0.01 USD to $0.008 USD and keeping the bear market in view it is good. But it might be due to its low ranking and low market capitalization.  

An important factor for Electroneum (ETN) is to be used across different retail shops and the mobile integration factor will make the Electroneum ETN to be used across different vendors. In next year most of the cryptoanalyst are expecting the cryptocurrency market to flourish unlike 2018 and the market cannot bear to have one more year like 2018. The bullish crypto market is expected to be coming early in 2019 or maybe by the end of December, just like the end of last year where the cryptocurrency market really started to pick up the gains and Bitcoin reached $20k.

We could expect Electroneum (ETN) to touch $1 mark by the end of  March of 2019, if the bull market tends to be much stronger it might surge above $1. If someone at this time buys $20k worth of Electroneum ETN, then by the expected stats he could become a millionaire. The price of ETN is quite low, which makes it easy for everyone to Buy Electroneum ETN, and if in any case if the price drops, it would not hurt the investor that bad.  

What Electroneum (ETN) needs to do is grow its adoption with working with different firms, which will gradually improve its standing in the market. Certain partnerships help the asset to stabilize itself in the market and in consequence, it turns out to be pretty good in the bear market.  

Having a look at Electroneum (ETN) today’s (5th Dec 2018) performance, the crypto-coin was trading around a price of $0.0081 USD with a market cap of $68 million and trade volume of $201, 597 USD. The other market has been mostly trading in red, as Bitcoin (BTC) has just dropped under $4k USD and entered $3k mark.

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