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Electroneum ETN Sees Significant Price Surge - Global Coin Report
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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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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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