today i am going to talk about electroneum coin
i wil try to easy understand you about when time etn price can increase and how much can be increase,
first of all tell you a bit about electroneum
it,s ico start in 14th Sep 2017
ico price was 0.0100 usd
trading started 01 Nov 2017
current cmc rank is #103
circulating supply is 7,360,874,364 ETN
Total supply is 7,360,874,364 ETN
current market cap is $90.06M
all time high is $0.22913
during ico it was biggest cryptocurrency ico ever.And this was very favorite project of all crypto related youtubers in all over the world
and that time every youtuber promote it as a biggest cryptocurrency with unique use case.
and that time every youtuber used to said it would be $1 end of 2017 and Whenever some said,it would go up to $ 10
Where did the people go today,Who said it will be cross 1 $ or 10 $?
if i talk only about it,s use case.then truth is,there is nothing special comparing to other cryptocurrencies.
and It dose not have any unique solution for any problem,in market have many other cryptocurrencies better than electroneum for same use case
anyhow!i don,t want much discuss about it
so Let's talk now about when it,s price will be increase
[IMAGE: https://cdn.steemitimages.com/DQmPJyjsrtkKumHjyxJ5KF9VxH9yJp6eYSfbpPDmryzr33J/pic%201.JPG]
As you know electroneum all time high is $0.22913 and that time market cap was $969.59M
now current price is $0.01225 and market cap is $90.06M.
means,we require more 879.53M market cap to reach electroneum all time high thats $0.22913
means
for reach all time high require 879.53M CAP
FOR reach 1$ require 3838.56M cap
for reach 10 $ require 38385.6 M cap
(REMEMBER current cap is 90.06M )
from now If we reach our all time high it will be very fortunate.1$ or 10$ is so far away.
so If you bought it in the beginning it's better to sale out and exit but if you bought it when it was at peak
then do not sale it and just hold it and waiting .
