Today, Electroneum (ETN) hit $0.20c and is tickling the holy grail of newborn AltCoins: The $Billion Market Cap.
It has gone from one of the many $0.01c ICO's, that seem to be popping up hourly on sponsored Facebook posts, to a possible sleeping giant of the cryptocoin community. It has managed stay afloat through its early teething issues, with cries of "SCAM" echoing through the various social media platforms, gradually wading through the pitfalls almost all altcoins face and navigating through them successfully.
With its gradually increasing value, the bellowing of true believers get louder and louder, slowly drowning out the non-believers among the community. However, with each step taken towards success, 10 more hurdles are added to the CryptoCommunity obstacle course.
We have seen the rise with slow (compared to expectations) progress. Even the strongest doubters amongst us would be hard pressed to deny that the 2000% increase is impressive. The people who are not familiar want to know what has made them so special. Those who are familiar with Electroneum (ETN) want to know what is yet to come. Most importantly, the question everyone has an input on is "What is its potential?"
The story so far:
-Finish ICO early because hard cap of $40million is hit faster than any other before
-Hacking group tries to hack and steal Electroneum (ETN) from wallets on release day (I mean if it isn't valuable why would they want it? Maybe these guys know something....)
-Delay release (#Facepalm) and sign up for testing with HackerOne to make sure everything is secure and safe.
-HackerOne gives the all clear (These guys are the real deal: US Dept of Defense use them to ensure they are protected.. They are the Heimdahl to Asgard... Yoda to the Jedi... Dominic Toretto to the crew of the Furious... you get my drift...)
-Receive glowing review from McAfee
-Release registration for beta testing of Electroneum Miner
-Release updates of agreements with Telecom and Payment Tech specialists
This has got it to $0.20c so far, but what else is yet to come? More importantly, how much will it increase the value?
-What will the value rise to when they release the Mobile Miner?
-What will the value rise to when they sign up a few more MOU's with tech companies
-What will the value rise to when they receive more major endorsements
-What will the value rise to when they get on to some major exchanges (Bittrex, Binance, HitBTC, Poloniex etc etc)
-What will the value rise to when they sign up more companies who will accept Electoneum (ETN) as a form of payment (check www.electroneumscout.com)
What is the potential for Electroneum (ETN)? Will it make people millionaires? Will it change the world and bring Cryptocurrencies to the masses?
Where do you think it will go? Let us know!
If promises are kept, news releases kept up and larger exchanges added. This will potentially explode.
If the mobile mining simulation will work, giving crypto introduction to regular mobile users, and provide easy access to buy more directly from their phone the potential for a top 5 coin is definitely there.
Time will tell, I am buying electroneum now, as I don’t think we will see it cheaper.
How much do you think it will get to?
$1?
$2?
How long do you think it will take?
I see 5$ at the end of this year
That would be nice. What would you like to see the Dev Team do sooner rather than later to get it to that mark?
I’ve been tracking ETN since December. I wanted to buy into it back than. Unfortunately it creeped me out that cryptopia’s site has tons of complaints about not able withdraw funds or seeing their transfers.
As a prospective buyer would you have greater interest if it was available on another major exchange? (Binance, Bittrex, Poloniex, HitBTC etc)
I'm invested in it for a few reasons. Simplicity of use, that will help the masses. But it's still hard to buy, only on Cryptopia. So it's a long hold for me as once it hits bigger exchanges then the demand should skyrocket. Aslo being British just gives it some cred. and it is getting attention from big names.
One point that could keep the price down is the number of coins, 21 billion.
But with the solid dev. team and marketing, give this coin a few years and there should be some great returns.
Electroneum to $470 like when it was first listed, and then upwards as it overtakes Bitcoin.