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Electroneum ETN Sees Significant Price Surge

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Electroneum ETN
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Electroneum ETN attracts the attention of investors

It would seem that the crypto market has finally on the path of recovery once again. Nearly all cryptos are currently trading in the green, with Bitcoin (BTC) being only cents away from $6,700 mark. However, the true star of the show right now is Electroneum ETN, which has experienced quite a price surge in the past few days.

Back on September 5th, Electroneum news hit the media as the coin spiked up by over 25% during the one-day period. The previous week has seen another rise, this time by 23% against the dollar. The coin continues to rise even today, with its current price being $0.007599 after a 17.45% increase in the last 24 hours.

It has a market cap of over $60 million at the time of writing, and over half a million worth of this coin is being traded on various exchanges per day. The coin can be bought on Bitbns, Cryptopia, Cryptomate, and CoinBene, among others.

About Electroneum ETN

Electroneum news has brought this coin to attention to a lot of investors. However, the coin is definitely among the lesser-known ones, especially considering its position on the list. Electroneum currently takes up the rank of 93, which might change soon, considering the new changes.

It is a project that uses Proof-of-Work and the Cryptonight hashing algorithm. Its trading started last year, around November 3rd, and since then, the coin has developed a very supportive Reddit community.

Electroneum is currently available at numerous exchanges, although it cannot be purchased via the US dollar at the moment. As the coin becomes more interesting, this might change. For now, however, it can only be acquired through Bitcoin and Ethereum exchange deals.

Price predictions

The coin is currently seen by a lot of investors as a high-risk investment, but there are some price predictions that work in its favor. One of them claims that the coin will reach $0.44 by December of this year. While hard to imagine considering its current price of $0.007599, the crypto world has made even larger leaps in the past. All it takes is the right period and a decent bull run.

There are additional predictions for the future of the coin, some even claiming that it can hit $2.44 in the next five years. The opinions are, as always, quite different, depending on who is doing the predicting.

Is it a good investment?

Experienced investors can learn a lot about the coin by checking out its aspects, and Electroneum is no different. Now that Electroneum news has attracted attention to the coin, a lot of investors have seen that the coin is actually quite good.

It has a confident team, well-defined goals, as well as a strong community.

While it is not perfect, and it has a lot of technical challenges that it needs to tackle before joining the top of the list, the coin is certainly not bad. Anyone interested in it should certainly keep an eye on the coin, for in the right conditions, it could still rise beyond all expectations.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Altcoins

Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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