Electroneum (ETN) Market Capitalization Hits $57.32 Million

Electroneum (ETN) traded 3.2% lower against the US dollar during the 24 hour period ending at 12:00 PM Eastern on May 9th. Electroneum has a market cap of $57.32 million and approximately $885,207.25 worth of Electroneum was traded on exchanges in the last 24 hours. Over the last week, Electroneum has traded down 2.3% against the US dollar. One Electroneum coin can currently be bought for $0.0032 or 0.00000005 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• IOTA (MIOTA) traded up 1.7% against the dollar and now trades at $0.22 or 0.00000360 BTC.
• Creditcoin (CTC) traded 0.1% higher against the dollar and now trades at $0.71 or 0.00001145 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001603 BTC.
• Verasity (VRA) traded 0.5% higher against the dollar and now trades at $0.0054 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 0% against the dollar and now trades at $1.39 or 0.00002228 BTC.
• SOLVE (SOLVE) traded 1.5% lower against the dollar and now trades at $0.0191 or 0.00000031 BTC.
• The Transfer Token (TTT) traded 9.6% higher against the dollar and now trades at $0.0050 or 0.00000008 BTC.

Electroneum Profile

ETN uses the hashing algorithm. Its launch date was September 14th, 2017. Electroneum’s total supply is 17,971,581,855 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. Electroneum’s official Twitter account is @electroneum and its Facebook page is accessible here. Electroneum’s official message board is medium.com/@etn-network.

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, Gemini 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