The time of thinking is over – time for action. Only a smartphone is required. Electroneum (ETN) coin is the way to introduce yourself to crypto-space if you’re still on the fiat side. The form of owning the coin is no hassle, and for that reason, it has experienced a good run in price as well as growth in the market cap.
The hike in the ETN price is probably there to stay and may move further up contrary to the expectations of many. Perhaps, many think it’s just seeking the attention, but the coin has shown incredible potential of standing out and taking the best position in the decentralized payment systems.
Currently, there is every reason to believe the Electroneum sooner or later will go head to head with the likes of Apple Pay and PayPal. One thing is for sure, if it wins, its intrinsic value will be at the sky, without a doubt.
The Electroneum (ETN) Partnerships are Real Help
It’s understood that the moment any project hits the headlines, a lot gets done before that – behind the curtains to achieve that milestone. Similarly, the ETN team has done an excellent job considering the fact that it has increased in value by more than 13% in total, within the last 14 days.
In January they partnered with XIUS, mega soft telecommunication for global payments, which has given Electroneum (ETN) substantial visibility to over 65million subscribers. XIUS employs mobile power stumping its presence in six continents and ETN is using that advantage to grow. With XIUS monthly transactions worth of $1billion, the partnership with Electroneum is a milestone worth applauding.
Further, the coin is enjoying the visibility of a firm reselling financial as well as communication services via value addition – Unified Media. This partnership will undoubtedly help ETN visibility to hit their global audience of 130 million.
@electroneum I can’t wait to see 200k then 300k then a million miners …. etn will be well on its way to the top then 👌 pic.twitter.com/KeKDODfVam
— Crypto Boatman (@crypto_boatman) October 15, 2018
As the audience alongside the ease to get the hands onto coin increase, the chances of mass adoption will increase – and hence, raising the price value as well as the market cap of crypto. Another partnership with Effortel, a virtual market network that combines more than six mobile operators is also a boost for ETN.
The Reason Behind the Electroneum Price Surge
The adoption of cryptocurrencies has some hindrances, one of the major ones is the lack of KYC functionalities. The reason is simple. The world we’re living in is a dangerous one with issues of terrorism financing a critical threat to security hence mainstream institutions remaining cautious with the cryptocurrencies not risking being on the negative side of the law.
Therefore, when any crypto adds KYC, it puts its foot forward to mass adoption. This provides personalized services which discern the user. Also, it’s compliant with the crypto-sphere regulations hence increasing trust as well as the confidence of the investors and adopters.
It’s more partnerships with existing systems and with the rising mobile and internet penetration that has helped Electroneum (ETN) to reach many folks who mine the coin with ease now (and confidence). Besides, they have started campaigns for a mass adoption through awareness, and hence, it’s just a matter of time before ETN puts a broad smile on the faces of the investors (the cryptocurrency has started doing that already).
The coin is trading well at $0.0226 gaining 3.23% versus the dollar in the last 24 hours, and with all the efforts behind it, Electroneum price could touch the sky (sooner than many out there might be thinking currently). Will it win against Apple Pay or PayPal? Only time will tell. However, one thing is for sure; the future is quite bright for ETN investors.
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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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