Electroneum (ETN) and Ravencoin (RVN): Two giants in the making - Global Coin Report
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Electroneum (ETN) and Ravencoin (RVN): Two giants in the making

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The current generation is full of inventions. Few get in to stay and some fade with time as we’ve witnessed it in many cases. When Bitcoin was first introduced, many had doubts and could be heard predicting a collapse of the digital currency.

Cryptocurrency is transforming the way the money works, and it’s bound never to collapse (at least not anytime soon), but instead, the question is what the digital money will offer in the long term. The crypto industry is moving fast, and most individuals now think that blockchain technology is the way forward.

However, we’re no longer talking about Bitcoin alone but several other coins that could show even better potential going forward. Considering that, Ravencoin (RVN) and Electroneum (ETN) seem to be the two sleeping crypto giants waiting for the night to end and take top positions at sunrise.

Electroneum (ETN)

It’s a consensus in the crypto market that mass adoption will be the reason behind the next wave of growth for the cryptocurrencies. Those with the potential for an exponential adoption will undoubtedly have the most significant gains. Electroneum (ETN) is one of those with the highest potential.

Launched merely a year ago, the mobile cryptocurrency platform Electroneum is ambitious to replace PayPal. The coin has a fantastic use case which could see it getting adopted by more than 350 million smartphone users around the globe – a market that could be worth more than $3 trillion.

The fact that anyone can mine ETN with possession of only a smartphone makes it a potential threat to major cryptos. Besides that, it is straightforward to use. Also to make sure that Electroneum realizes its dream, the firm is in talks with several mobile operators who can be of help in integrating the payment platform into their networks.

Furthermore, the KYC feature gives it legitimacy in the eyes of many governments by making it compliant with most nations’ financial regulations. Without bottlenecks from governments, the value of Electroneum would only rise in a matter of time.

Besides, payments are promised to be instant. What more can one expect from a payment network? It’s said that the API sends a message to alert the receiver that the funds are on the way. Turkey’s Sistemkoin is about to add the coin into its platform meaning it’s in demand. The altcoin is also about to release its plugin for online vendors to support platforms such as Magento and Woocommerce.

Ravencoin (RVN)

From securing a Binance listing, launching its MainNet to activating the MainNet asset layer, Ravencoin is building the best foundation of becoming the next elephant in the crypto market. It’s worth noting that the activation of its MainNet asset layer means that all the features that will help to create the tokens will become live.

Looking at last month, October, there is a reason for pointing that it’s probably a matter of time before the value of Ravencoin ranks among the top 15 or who knows top five. During the month, it was the top gainer among the top 100 coins whereby it saw an increase of 170%. It shows that much is going on in the house of Ravencoin that investors should be excited about.

With Ravencoin, the brokerage account transfers only take few minutes instead of weeks, and the stock trades settle within minutes, unlike several days. Unlike Bitcoin that try to solve fiat currency problems, Ravencoin is doing it with securities. Therefore, Ravencoin is revolutionizing a different space.

During October, Ravencoin went past the $100 million mark concerning market capitalization, and at the moment it’s aiming that height again. Currently, it has a market cap of $104,102,115 which places the new-bird at the 63rd position on the CoinMarketCap charts. Not bad, not at all.

The developments centering both Electroneum (ETN) and Ravencoin (RVN) are exciting as they are causing a rise in value directly. These are the kind of crypto coins that any investor would want to look in; coins that go against all the odds to ensure that they emerge successfully. When both started, they remained undervalued but now things are changing, and who knows what the future holds. They are just sleeping giants about to be awakened.

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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.

Image courtesy of Skeeze/Pixabay

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation
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As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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