Electroneum Hits Market Capitalization of $35.11 Million (ETN)

Electroneum (ETN) traded up 3.5% against the US dollar during the 24 hour period ending at 10:00 AM Eastern on August 19th. One Electroneum coin can now be bought for approximately $0.0020 or 0.00000003 BTC on cryptocurrency exchanges. Electroneum has a market capitalization of $35.11 million and approximately $731,540.45 worth of Electroneum was traded on exchanges in the last day. During the last seven days, Electroneum has traded 2.5% lower against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• IOTA (MIOTA) traded 1.7% lower against the dollar and now trades at $0.13 or 0.00000223 BTC.
• Creditcoin (CTC) traded down 2.6% against the dollar and now trades at $0.41 or 0.00000703 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001713 BTC.
• Verasity (VRA) traded down 2.6% against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 0.8% against the dollar and now trades at $0.51 or 0.00000882 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 1.6% against the dollar and now trades at $0.0106 or 0.00000018 BTC.

About Electroneum

ETN uses the hashing algorithm. It launched on September 14th, 2017. Electroneum’s total supply is 17,978,056,555 coins. The official message board for Electroneum is medium.com/@etn-network. 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 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 currently possible to buy alternative cryptocurrencies such as Electroneum directly using U.S. dollars. Investors seeking to acquire Electroneum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Electroneum using one of the aforementioned exchanges.

ETN/USD price chart by TradingView