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Electroneum Analysis: Will ETN Token Price Touch It’s All Time High Again?

  • ETN price is up by 614% from last year’s trading price. It has a low ROI but a huge user base which compensates for it.
  • Electroneum has proven itself not only in micropayment solutions but also proved its mettle in freelancing platforms. It has seen an exponential surge in the user base from the last year

The investors and traders are looking for the next big thing in the market with a potential to rise above all. The project should not be a trap for the retail investors and profitable for everyone. Electroneum is one such project which has every quality which an investor is looking for in its portfolio. Electroneum has the lowest transaction fees which is equivalent to 100000 part of the BTC. This can be further reduced in the future. This makes Electroneum the project for common people. Electroneum has another platform called Anytask which helps freelancers and small businesses to grow in this cut throat market. ETN token price is on its path for $100 and it can soon come within a year two.

What Does The Future Hold For ETN Token Price?

Source: Coin Market Cap

Electroneum is the crypto currency which has been aimed to give common people an effective way for payments without a large transaction fee. Electroneum has migrated from Monero blockchain to the moderated proof-of-responsibility (PoR) blockchain in 2019 to focus on delivering better payment services. The goal of Electroneum is to reach out to the people who do not have access to a banking system but own a smartphone; like PayPal, but with cryptocurrencies wallet. Various analysts predict that the ETN token price would touch $100 in less than two years.  The users of the ETN are increasing at a rapid pace. It tells that the people are growing accustomed to the platform.

Conclusion

ETN token has seen a gain of more than 600% in a year span.  The gain amounted to much higher than various competitors in the market. It tells that the ETN price is seeing a surge of whales and retailers which will take it to the moon.  Electroneum can touch the $100 mark in the future.One should do their due diligence before investing in the asset.

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.