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Electroneum Price Prediction: Does Electroneum Have a Future?

One of the main goals of crypto is making transferring money as quick and cheap as possible, even for the unbanked. Electroneum is a project focusing on that, with its attention to security and a mobile-first approach. You can find out more about Electroneum native coin, as well as read ETN price predictions, in the article below.

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Electroneum Fundamental Analysis

Project name
Electroneum
Stock Symbol
ETN
Current Price
0.0021
Current Supply
17933981191.36
Launch Date
2017
Official Website

Electroneum is a mobile phone-based crypto platform with an instant payment system. It provides access to worldwide marketplaces even for users that don’t have a bank account. It allows fast crypto transactions with minimal fees. Different from the other projects, it aims to bring easily accessible cryptos to smartphones. 

Originally the project was built using the Monero database and based on the gambling and gaming industries, but the goal switched to instant payments soon after, and in 2019 Electroneum migrated from Monero to the moderated proof-of-responsibility blockchain to focus on delivering as good as possible payment services. 

On September 30 2021 Electroneum blockchain was updated to V10 bringing new features such as switching to public transactions, a 75% block reward reduction, and a new technology for instant wallet synchronization and future smart contracts. It also became one of the most secure blockchains, being insusceptible to the 51% attack. 

The project was formed in July 2017 and launched in September 2017 by Richard Ellis, an entrepreneurial marketer dreaming to be a coder. He also owns Retortal, a social media marketing platform for direct-selling businesses and SiteWizard digital agency. 

Ellis believed in the crypto future of world finances and wanted to make it easier to understand for everyone so more people can benefit from the blockchain. Right after the launch Electroneum exchange tokens (ETN) were made available for Initial Coin Offering (ICO) that is still recorded as a record ICO by the number of participants (115K+).

Electroneum Live Price Chart

Electroneum token has been on an uptrend since the beginning of 2021. It started the year trading for $0.0045, but the prices started to grow straight away doubling in a week and reaching $0.008 on January 8. After that token experienced a market correction and its price was pulled off to $0.005. 

At the beginning of February, ETN went for another bullish rally and its price skyrocketed to $0.015 followed by a series of corrections dropping first to $0.012 and then to $0.009. At the beginning of March, the price went into an uptrend again and was rising till March 26 when it reach the record heights of $0.038 for the year period. Electroneum’s value was corrected after and the coin price started to decline following the bearish tendencies of the crypto market. 

By mid-July, the price reached the level before the big surge and the token was traded between $0.005 and $0.006. From that time Electroneum started to regain its price again. On July 18 it surged to $0.011 and then was pulled off to $0.008. The market stayed bullish till now and at the time of publishing the token is traded for $0.01531 with a price decline recorded in the last 7 days.

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Electroneum Technical Analysis

Despite the fact that 100% accurate technical analysis for Electroneum cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ETN buy-and-sell rating for selected timeframe. The summary for ETN/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Electroneum Price Prediction

Below we have collected the most reliable price projections for Electroneum (ETN) from popular forecast platforms.

Electroneum Price Prediction for 2022

As for Electroneum price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects a downturn towards $0.001701, and TradingBeast echoes with ~$0.000798 by the year’s end. Other experts, for example, from WalletInvestor, are more enthusiastic about Electroneum’s future price, citing upwards of $0.004137 in December.
Potential ROI: 5% Buy

Electroneum Price Prediction for 2023

In their Electroneum price predictions for 2023, WalletInvestor forecasts the coin’s price to go down to $0.001974 by December. Forecasting Electroneum future, TradingBeast expects further decrease of its price, too, saying the Electroneum price will reach ~$0.001556 by that time. On the contrary, PricePrediction.net keeps predicting Electroneum price growth, quoting prices around ~$0.002289 in 2023.
Potential ROI: -8% Sell

Electroneum Price Prediction for 2024

Electroneum price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0.001649–$0.001743 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.003633 in December 2024.
Potential ROI: 12% Buy

Electroneum Price Prediction for 2025

Both TradingBeast and PricePrediction.net doubt that the Electroneum market will grow in 2025, predicting the price drop to $0.001765 and $0.000651 by the end of the year respectively. Other Electroneum price forecasts support the idea: WalletInvestor forecasts Electroneum to fall down to $0.001323 by December 2025.
Potential ROI: -41% Sell

Electroneum Price Prediction for 2030

Speaking of long-term Electroneum price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Electroneum price won’t grow further and, opposedly, will decline to $0.001806. TradingBeast’s price prediction for Electroneum echoes with the projection of a downtrend to $0.000353. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.002982.
Potential ROI: -18% Sell
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Summary

As it can be clear from the analysis cited above, Electroneum (ETN) projections are rather contradictory. There is no universal consensus either about positive or negative future ETN price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Electroneum projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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