Electroneum seems to be losing the charm; however, the rank seems to be improving. Traders have lost the sight of Electroneum already but seem like other crypto readers are also switching to other discussions too. The concern is whether the ETN team will be able to capture the attention again or not? If not, investors might want to withdraw ETN from the portfolios. We hope that the end of 2019 does not bring an end to Electroneum as well.
Electroneum Price Analysis on 6th June 2019
Electroneum is currently traded at $ 0.004324 at 9:37 UTC on 6th June. The market ranking of Electroneum seems to be winning the game, positioned at number 122(which was 138 yesterday). The Market Cap of Electroneum Price is 41,349,603 USD with 24-hour volume at 768,862 USD. The Return on Investment is -95.42%. The Circulating and Total supply of Electroneum is 9,562,552,651 ETN.
ETN Price Comparison
Question: Invest or hold until it results in wonders just as its position did?
However, the ranking might have improved, but it is still not able to attract the traders towards buying the coin. Considering the value of ETN coin against Bitcoin at 10:30 UTC, it is trading at 0.0000005649. However, considering intraday conclusion, it is showing some fluctuation, but may not be enough for the traders to bid on the same.
Since the beginning of trading, the market is showing bearish nature, and thus; it is advised to analyze the market from the outdoors only. Let’s wait for the market heat to reach a suitable level before you dive in the same.
Answer: You might want to think twice before investing at all!
Electroneum Price Prediction and Conclusion
With the rise of ranking in the market, Electroneum might seem some delightful days; it is difficult to predict as of now. Few of the users who are still breaking in proceedings with their attention to ETN are hoping for more updated and partnerships to be announced by ETN.
The Electroneum network seems to be very enthusiastic on the social media platform, and maybe that explains the improved ranking. But we are still planning to see some better surges in ETN chart at least for the coin to stay in the race.