Table of Contents
Table of Contents
Table of Contents
Electroneum Price Prediction 2022-2025 from crypto experts. Electroneum (ETN), like other cryptocurrencies, is a digital coin which is using blockchain technology.
What is Electroneum (ETN)?
Electroneum is a digital currency that runs on its own blockchain with the source code of Bitcoin. The goal of the project was to capture the market of mobile games and online gambling, and the developers refer to ETN as “the world’s first public cryptocurrency.” Electroneum is a mobile-centric coin. It can be mined on ordinary processors of desktop computers, laptops and even mobile devices.
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.
Electroneum (ETN) technical analysis
Electroneum price is currently $0.003116. Over the past 24 hours, it has fallen by -$0.0001193, in percentage terms by 3.69%. The trading volume also decreased by 19.73%.
The overall price action of Electroneum is still trading with bearish price action momentum. And this indicates a good time to buy Electroneum, as a bullish trend may appear very soon.
How to get Electroneum (ETN)
You can get ETH by mining on any device via CPU or GPU. However, this is a long-term method and it will not work to get a large number of Electroneum coins through mining. You can invest a large amount in cryptocurrency by purchasing it for fiat money or other crypto on the exchange where it is available.
Electroneum price prediction 2022-2025
As of December 23, 2021, 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.
Electroneum (ETN) price prediction 2022
At the beginning of the year, the rate of the Electroneum cryptocurrency began to decline. There was a moment when the coin rose to $0.01, but the next day, the value fell again, adding another zero after the decimal point. In the first quarter, the value of ETN fluctuated between $0.005 and $0.007. In the second quarter, it even dropped to $0.002 per coin. Now the third quarter is underway and Electroneum is still trading at $0.002 $0.003 per token. For Q4 2022, most analysts, including DigitalCoinPrice and PricePrediction, agree that the coin has a chance to hit $0.004.
ETN is gaining support to be the greenest project in the crypto world and remains one of the most talked about cryptocurrencies. It is likely that Electroneum may start trading above $0.0050 in the coming months.
Electroneum (ETN) price prediction 2023
The maximum price that can be expected in 2023, according to DigitalCoinPrice, of $0.00502. The maximum low price of the asset is expected to be $0.00416, and an average price of $0.00454. The lowest asset price is expected to be $0.00416, and the average price value of $0.00454. Analysts from PricePrediction believe that the ETN coin is capable of more, foreseeing a trading price of $0.006 – $0.007.
Electroneum (ETN) price prediction 2025
If the PricePrediction forecast for 2025 comes true, Electroneum will skyrocket to $0.014 – $0.016, the estimated ROI will be up to 411%. Experts from DigitalCoinPrice have less optimistic expectations, believing that a trading price of one ETN will range from $0.00538 to $0.00701 during that year.
Electroneum (ETN) price prediction 2030
Analysts from DigitalCoinPrice expect the ETN price to skyrocket to $0.10 per coin and will not fall below $0.084 in 8 years. The PricePredictio resource also expects growth, although not so rapid, believing that the lowest trading price will be at $0.0138, an average price will be at around $0.0141, the highest mark will be at $0.0150.
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 2022 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.
Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.