There's a misconception that there's 21 billion ETN available right now. People who are spreading FUD (fear, uncertainty, doubt) will give you some math like 21 billion x $1 would be $21 billion and that's near 10% of the entire cryptocurrency market cap as of now. They say this will never hit $5... $10... etc.
In 2018, crypto market cap as a whole would most likely surpass $1 trillion. In this year, it grew around $180 billion. More people are aware of cryptocurrency. More people are buying into cryptocurrency from everywhere in the world
There's only a little over 4 billion ETN in circulation right now. 4 billion was sold during ICO, and some started mining. It will take a very long time to reach 21 billion total ETN coins
When market cap is at $1 trillion, lets say there's 6 billion ETN in circulation... if ETN is at $2 a coin, that's $12 billion... 12 billion out of $1 trillion is still only 1.2% of the market cap
Price of the coin has nothing to do with the 21 billion coin cap. It has everything to do with more wanting to buy vs sell, and vice versa. Believe in the vision of the developers and just hold it
My prediction is over $1 per Electroneum by summer 2018.
Thank You
Image Credits :- Google
I Like the name: "Electroneum".
Coin With The Brightest Future.
the name of Electroneum is so good @bikash08
Yup!!!