in the In the world of cryptocurrency, success can come in many different forms. Although the price of a currency is usually a determining factor, a growing ecosystem can be just as valuable, if not more. For Electroneum, it seems that both sides of a coin come together as the growing ecosystem allows for a higher price and vice versa. Keeping 0.007 USD and higher will be difficult.
Electroneum Price Rush stops
In a way, it's good to see Electroneum resume the previous price trend. This particular race started incredibly promising, it seems like there is more than a temporary boost. In fact, the overall price is going quite well, mainly due to the recent addition to Huobi Global. Increasing awareness of the exchange will be a continuing struggle for any old coins.
In the last 24 hours it becomes clear that the Electroneum price remains bullish for the time being. With a 7.8% rise in the USD and a 7.5% increase in ETN / BTC, there is nothing to fear. More importantly, the ETN trading volume has exceeded $ 1.3 million, which is an unusual sight for this specific market. For obvious reasons, Electroneum urgently needs more liquidity. However, maintaining this interest in the currency may not be easy.
In social media, it's obvious that Huobi Global's listing for Electroneum has been causing a stir. Tola Joseph Fadugbagbe is confident that this is just the beginning of a comprehensive bull run for ETRN. Although there are some reasons for this, it remains to be seen if other exchanges will also be listing ETN as a future listing. This has not happened yet, but there is still plenty of time left to achieve something.
All I see is the mass application. I'm just thinking about mass market acceptance. #ETNmy first love. ETN, which tracks a multi-trillion dollar industry, is the real thing that stretches from the smartphone industry, airtime and the mobile data industry. Oh my dear! 😍
– Crypto Masterclass | Tola Joseph Fadugbagbe (@connectwithtola) March 14, 2019
Crypto Pug, on the other hand, wonders if Binance has finally received the news regarding Electroneum. More specifically, this user wants the ETN to be added fairly quickly. However, it is unlikely that this will be the case. It's certainly true that Electroneum could generate a decent trading volume from Binance to make the trading company well, but right now it's just speculation.
@cz_binance Take a look at the trade of @electroneum on @ HuobiGlobal today! It has only been a few hours and already over 200 million #etn was traded with #bitcoin and #Ether !! Think of the volume that this would have for your exchange @binance Thank you #Uganda
– Crypto Pug (@Pugloves_crypto) March 14, 2019
Last but not least, Stevie Haynes takes a very interesting, if unsuccessful, approach to making Electroneum more attractive. The integration of this currency into Fortnite would certainly be a deciding factor, but the parent earns a lot of money without suddenly introducing obscure payment methods. As such, this effort is not successful at the time, but it could give the company some reason to think about it.
– Stevie Haynes (@thesteviehaynes) March 14, 2019
There is currently no reason to expect the ETN price trend to reverse. Although the top markets are currently in a somewhat uncomfortable position, it seems that Electroneum has already made progress. Maintaining this positive run will be a major challenge despite this increased trading volume. Things look promising, at least for now.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and educational purposes only. Please do your own research before buying or investing in a cryptocurrency.
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Post-Source: Electroneum Award continues – Bull-Run with more than double trading volume
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