Electroneum (ETN) Live Price Chart & History

Live ETN / USD Price Chart

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Price USD -15.37%
$0.118125
Price BTC
0.00001116
Volatility (7d)
2.91 %
Volatility (30d)
3.18 %
Market Cap USD
$699.6M
Market Share
Since launching at $0.0944121 on 02/11/2017 Electroneum has achieved a price of $0.118125, falling -26.15% in the last week alone.

Electroneum Price Analysis: Predictions and Forecasts

Why buy Electroneum? What is it used for?

Electroneum is a leap forwards in the accessibility of cryptocurrencies. We are raising funds to further develop Electroneum via a crowdsale token sale... Electroneum, built on its own blockchain, has been developed with the explicit intention ofgaining mass adoption via the 2.2 billion smart phone users. It launches via a token sale onSeptember 14th and represents a unique opportunity.
Electroneum was launched in 02/11/2017. It uses the Proof of work method of consensus, and is based on the N/A algorithm. .

Trading Electroneum : The Best Platforms to trade ETN

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Electroneum Trading: How To Buy + Trade ETN

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a Electroneum wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades ETN
  5. Exchange your BTC, ETH or LTC for an amount of ETN, depending on the current exchange rate
  6. Move your Electroneum coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading ETN on an exchange

As you can see, the process for trading Electroneum is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Electroneum crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Electroneum goes to zero

You can see our list of featured trading platforms here

Will the price Electroneum fall continue to rise?

It's impossible to predict for sure if Electroneum is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Electroneum has fallen by -26.15%
  • In the past month it has gained 19.098445917623%
  • In total it has appreciated by $0.0237129 since its inception, a change of 125.12%

Can Electroneum reach, replace, pass or overtake bitcoin?

At present Electroneum is trading at 0.00001116 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 8,960,573.5%. If we assume Electroneum continued to as it has in the last month - with a price change of 19.10% it would take 5.6031397182123 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of ETN is going to take off and increase in price to a higher level we've done the math for you.
In order for Electroneum to reach $0.20 it needs to increase in price by a factor of 1.69x. Given its present growth rate of 19.10% per month, it could take just 2.4 months to hit a price target of $0.2 USD

What is the probability of hitting $0.20 over time?

Time periodChance final price > $0.2Chance final price < $0.2
1 week11.6%88.3%
1 month28.1%71.8%
3 months36.9%63%
6 months40.6%59.3%
1 year43.4%56.5%
2 years45.3%54.6%
3 years46.1%53.8%
4 years46.7%53.2%
5 years47%52.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $0.25 it needs to increase in price by a factor of 2.12x. Given its present growth rate of 19.10% per month, it could take just 3.4 months to hit a price target of $0.25 USD

What is the probability of hitting $0.25 over time?

Time periodChance final price > $0.25Chance final price < $0.25
1 week4.4%95.5%
1 month20.5%79.4%
3 months31.7%68.2%
6 months36.8%63.1%
1 year40.6%59.3%
2 years43.3%56.6%
3 years44.5%55.4%
4 years45.3%54.6%
5 years45.8%54.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $0.50 it needs to increase in price by a factor of 4.23x. Given its present growth rate of 19.10% per month, it could take just 6.5 months to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%99.9%
1 month5.6%94.3%
3 months18%81.9%
6 months25.9%74%
1 year32.5%67.4%
2 years37.4%62.5%
3 years39.6%60.3%
4 years41%58.9%
5 years41.9%58%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $1.00 it needs to increase in price by a factor of 8.47x. Given its present growth rate of 19.10% per month, it could take just 9.6 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0.9%99%
3 months8.8%91.1%
6 months16.9%83%
1 year25.1%74.8%
2 years31.7%68.2%
3 years34.9%65%
4 years36.8%63.1%
5 years38.2%61.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $5.00 it needs to increase in price by a factor of 42.33x. Given its present growth rate of 19.10% per month, it could take just 1.4 years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%99.9%
3 months0.8%99.1%
6 months4.6%95.3%
1 year11.9%88%
2 years20.2%79.7%
3 years24.8%75.1%
4 years27.8%72.1%
5 years29.9%70%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $10.00 it needs to increase in price by a factor of 84.66x. Given its present growth rate of 19.10% per month, it could take just 1.7 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0.2%99.7%
6 months2.3%97.6%
1 year8.1%91.8%
2 years16.2%83.7%
3 years21%78.9%
4 years24.2%75.7%
5 years26.6%73.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $15.00 it needs to increase in price by a factor of 126.98x. Given its present growth rate of 19.10% per month, it could take just 1.8 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0.1%99.8%
6 months1.5%98.4%
1 year6.3%93.6%
2 years14%85.9%
3 years18.9%81%
4 years22.3%77.6%
5 years24.8%75.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $25.00 it needs to increase in price by a factor of 211.64x. Given its present growth rate of 19.10% per month, it could take just 2.0 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.8%99.1%
1 year4.6%95.3%
2 years11.7%88.2%
3 years16.5%83.4%
4 years20%79.9%
5 years22.5%77.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Electroneum to reach $50.00 it needs to increase in price by a factor of 423.28x. Given its present growth rate of 19.10% per month, it could take just 2.3 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.3%99.6%
1 year2.8%97.1%
2 years8.9%91%
3 years13.6%86.3%
4 years17.1%82.8%
5 years19.7%80.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Electroneum a good investment? Is it safe to put my money into ETN?

No, it is not a 'good investment' to buy Electroneum, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Electroneum as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of ETN - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

Electroneum Development + Team

There are 7 developers coding the source behind Electroneum There are no sales or marketing staff on the team which could impede the coin's growth.

Electroneum publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for Electroneum is lead by Richard Ells,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Electroneum's development

.

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