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Electroneum (ETN) will take off sooner rather than later

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Electroneum
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Electroneum’s ETN cryptocurrency had a good week the week before last week. It kept rising all week long so it was expected that it would adjust downwards at some point, which is what’s been happening in the last couple of days. It’s been losing value moderately, as all crypto coins have.

The trend is headed by Bitcoin, as usual. Let’s not forget that almost every cryptocurrency is pegged to Bitcoin in some way because most of them are paired with it in exchanges, so when Bitcoin goes down, most other tokens go down as well, one way or the other.

The token has lost 1.76% in value over the last day, in terms of value against USD. This shouldn’t scare anybody off. It’s trading at $0.0149 as we write this. The current price keeps it around the $0.01 mark and it’s expected to go back up before going further down. It’s lost about 2% against Bitcoin, but this is the natural development of things every time that Bitcoin goes down, has it has for more than 10 months now.

If you take the time to have a look at the crypto social media, you’ll see that there is still a lot of good stuff happening for Electroneum behind the scenes. A recent interview with Richar Ells explains how the project is planning to achieve mass adoption so it will reach 20 million users very soon indeed. This is quite ambitious, but it will keep the project’s growth going on which is what matters most for both users and the community in general.

According to some observers, Electroneum and Graft could be among the coins that will make a lot of money for rational players who know what to do with them. Besides pure speculation, ETN users and believers are still expecting lots of good things from this project as of now.

It remains to be seen how things will turn out for Electromeum (ETN) but it’s gaining new users for sure because it’s very easy to come into the Electroneum community. All you need to do is to install an app on your mobile phone or a tablet and let it do the mining for you.

As the current market is going it will be very interesting to see what happens with ETN. Bitcoin is still trading in red numbers and as long as that stays the same, all other coins will suffer. But even in the current crypto environment, Electroneum has managed to create so much excitement that it will surely rise in price sooner rather than later. But as things are now, almost no token can avoid the bearish pressure. But everything is possible, and the cryptosphere can change in the blink of an eye.

For Electroneum the key use cases are micropayments and mobile mining and it’s gaining ground on both. It’s probably the easiest cryptocurrency to acquire because you don’t even need to buy it or enter an exchange to get it.

Cryptocurrencies are an asset class that could create lots of millionaires in the next few years and both Electroneum and Graft could end up being the cause for some of them.

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

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Aluna.Social
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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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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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