Electroneum Price Prediction 2021-2025 from crypto experts. Electroneum (ETN), like other cryptocurrencies, is a digital coin which is using blockchain technology.
Electroneum price prediction 2021-2025
As of December 23, 2020, Electroneum cryptocurrency has a capitalization of $ 53,128,168 or 2,245 BTC and takes 153 place in the rating of the coins.
#1 John McAfee
John McAfee being a famous influencer in the cryptocurrency market tweeted about Electroneum (see screenshot below), that he expected the coin to rise due to its ease of use, confidentiality and support by the wide public community. This is a common opinion supported by the expert.
Wallet Investor Forecast System considers ETN as a perspective 1 year investment. Because of the low market cap, ETN price is subject to noticeable manipulations. ETN can bring a good return. As of December 23, 2020 Electroneum price equals $ 0.005151 and in 2025 it is expected at the point of $0.0195.
Since ETN has not shown any outstanding results recently, Cryptogeek does not expect a significant price increase at the beginning of this year.
The effects of the pandemic could boost the crypto economy. If the ETN team manages to maintain a sufficient level of presence of the asset in the information zone, then large crowds of people who are afraid of negative financial scenarios after the difficulties in the economy caused by the lockdown may like this reliable asset. According to Cryptogeek, in the case of a positive scenario, the price of ETN will return to the $ 0.005 mark by 2023.
In fact, it is difficult to understand what trend will be relevant in future. Too many unexpected events and factors can affect this, as we have already seen this year. But the value of Electroneum, and accordingly the price, may increase in the coming years due to the fact that its format of functioning and application is more human-friendly compared to standard traditional financial systems. Their bullish Electroneum price prediction is that 1 coin will be worth $ 1. The worst Electroneum price prediction 2025 of this resource is $ 0.01.
Most cryptocurrencies are difficult for ordinary people to comprehend. Users do not want to delve into technical details, deal with gas in Ethereum, store keys to wallets, and count 18 decimal places. Therefore, minor simplifications in the Electroneum network seem insignificant only at first glance, but in fact they make a great contribution to the popularization of cryptocurrencies among ordinary people. The advent of a mobile wallet that you can always take with you should increase trust.
The market value of the cryptocurrency shows an upward trend, despite the presence of inevitable corrections. But at the moment there is no strong excitement around the project. The mining application was downloaded by just over 2.5 million people and this is a drop in the ocean. Therefore, if you decide to make money by investing into crypto, now it is not the best time to invest.
It is wiser to take the position of an observer and see how events unfold. Taking into account a well-developed action plan, a prepared and qualified team of specialists, a successful ICO, as well as the current success of the project, with all the attendant risks analysts confirm the potential for profitable long-term investment.
The history of the project is interesting, though it is not long. The creators of the project can hardly be called pioneers in the world of cryptocurrencies because the founder of Electroneum first encountered crypto-only in early 2015. He invested in his first Bitcoin, and like any businessman who follows innovative technologies, he realized where this “gold mine” is. After buying Bitcoin, Richard Ellis (this is the name of the founder of this project) began to urgently assemble a team to develop his own cryptocurrency. At that moment, digital assets began to gain great popularity, so developers began to think about which niche to occupy. Almost everyone uses smartphones today and by September 2016, it was decided that the main goal of the cryptocurrency would be complete mobile ubiquity. Initially, the currency was named as Electron, but just before its release, or rather before the ICO, the founder discovered that such a currency already exists. Therefore, it was quickly renamed to Electroneum. The ICO was launched in September 2017 and its completion was scheduled by November 1st. But the hardcup of $ 40 million was achieved by October 20, 2017, so the token sale was closed.
Shortly after launching, a DDoS attack was carried out on the system, which for a short time blocked users’ access to the wallets. A similar factor called into question the security of the network, so the developers apologized and took measures to prevent a repeat of this situation.
Everyone who has installed the corresponding application on their smartphone gets the opportunity to make payments using ETN. Electroneum supports iOS and Android. It is also the first cryptocurrency in the United Kingdom. A distinctive feature of the ETN cryptocurrency lies also in the use of only two decimal places. The conducted research showed that the digital variant as 0.99 is perceived better by users than 0.02719103. The developers highlighted this aspect as another opportunity to simplify the use of digital money for users` comprehension, reducing the designation to a sample of the usual fiat currencies. In fact, Electroneum app is also a multi-currency crypto wallet, which is very convenient.
The main feature of the application lies in the ability to get ETN coins for free. Just for registration and a quick confirmation that you are not a bot you will be credited with 25 ETN. After turning on cloud mining you get a certain amount of ETN every minute for 7 days. The amount of remuneration depends on the exchange rate and it is approximately equal to $ 3 per month.
Electroneum is a young and very profitable cryptocurrency for mining, created on the CryptoNight algorithm. The Electroneum system is a real novelty in the world of cryptocurrencies, as it will become a close concept for any person, and especially for those who are far from the world of blockchain and decentralized technologies. Very few people are actually willing to spend time and resources to deal with miners, equipment, its configuration, transfer of personal data to third-party sites, and also ensuring security. All these questions are solved by Electroneum. The platform simplifies the use of cryptocurrency as much as possible, while at the same time using a secure and reliable protocol that has all the advantages of Bitcoin and is devoid of its own shortcomings.
Electroneum range of use
The developers distinguish two main areas of application for digital money data:
- Game industry;
- Gambling business.
Gaming industry statistics show that mobile games are losing up to 80% of gamers two months after launching. Multi-user projects reach the same indicator after just a month. The principle is quite simple:
- almost every mobile or multiplayer game has an internal currency, sometimes even several, and the more difficult it is obtained, the more it is appreciated by the players;
- having achieved certain results and losing interest in it, the player actually throws all his capital, moving on to new projects;
- Electroneum platform offers the creation of a linker, i.e. a kind of game money exchange, where each user can sell and buy game currency.
For a user, this aspect becomes an excellent opportunity to save the accumulated funds and withdraw them to another game or real money. Time spent in games is not wasted for nothing, creating a prospect of earning.
For game owners, Electroneum features become a tool for additional retention of the users. Having an opportunity to earn a rare game currency and sell it, a player will remain in the system at least for the sake of earning money.
Electroneum developers also pay attention to the functioning of the black markets for game money. Game owners do not receive profit from them, and the game features suffer significantly due to distortions created by the unauthorized infusion of game money. The players themselves are largely at risk by spending their money and transferring personal banking data to third parties. Electroneum platform will help mitigate these risks by creating a legal market that developers can target and benefit from commissions. The blockchain network is built in such a way that it reliably protects users’ wallets from hacking. The user gets an opportunity to accumulate digital money through mining, as well as create many wallets to work with various gambling services, without risking all funds at once.
Does Electroneum have a future?
We are sure that the development of the project is definitely global. Electroneum has defined its niche. And the growth of the scale of application in this area will bring great success to the currency. The gaming industry is rapidly developing. And the creation of a single currency exchange platform led by Electroneum will bring the project and coin holders not only a huge profit, but also ensure stable growth for many years to come. The pandemic should also have a positive impact on the value of digital currencies as an alternative to traditional ones. This trend is already clearly visible if you look at the charts of coin rates. So, Electroneum price prediction 2022 already shows us the positive trend in price.
Does Electroneum hit $1?
It is important to note that many sources have published their own version of the Electroneum future price prediction. Many experts and services such as Cryptogeek Express full confidence that the coin will cross the $ 1 threshold well before the end of 2025.
How much will Electroneum be worth?
The Electroneum price prediction 2021 basically promises a solid rise to at least $0.0075. The boldest predictions are not afraid to claim to reach $ 10 per Electroneum coin within a decade. This means that if you buy now, the increase by 2030 could be 194037%. It is easy to calculate the earnings when investing now $100 or even $ 1.
Does Electroneum increase in value?
There is a certain degree of unreliability in predicting any data, but there are several factors that can more or less unambiguously judge the degree of success of a particular project. One of the main advantages of Electroneum is its scope of application. And if the developers manage to implement ETN coin as a universal game currency, then a large-scale and stable profit growth is guaranteed for the project. That’s why almost every Electroneum price prediction is positive.