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Electroneum (ETN) Price Prediction for 2024-2030

Jan 17, 2022 5 min read

More and more people recognize cryptocurrencies as potentially profitable investment vehicles. In 2021, many digital coins gained unprecedented value, setting new all-time high prices. However, for some cryptocurrencies, the opposite happened. As the crypto market consolidates, some coin prices have shown alarming drops. That’s the case with Bitcoin and Ethereum, the two most popular cryptocurrencies.

Because of different crypto behaviors, some investors are confused about the current market trend. Is it better to sell your crypto holdings? Should you wait for better prices in the future? To answer these questions, one has to analyze each cryptocurrency separately. If you hold Electroneum (ETN), our team of analysts has prepared the current Electroneum price prediction. With this information, you can make better decisions about buying or selling this cryptocurrency.

What Is ETN Cryptocurrency?

Electroneum (ETN) is a cryptocurrency developed for a smartphone-based payment system. This project has good prospects since the number of mobile phone users is continuously growing. In 2021, more than 15 billion mobile phones were operating. Electroneum aims at bringing low-cost global payment services to the unbanked people. All a user needs is to have access to a smartphone.

Electroneum launched in September 2017 as the first cryptocurrency based in the United Kingdom. This project focuses on the simplicity of use. People don’t need to be skilled or experienced in cryptocurrencies to buy, sell, or send ETN. What’s more, in March 2018, Electroneum launched its Android mining app. So, anyone can use their smartphone to mine ETN coins. The maximum supply of this cryptocurrency is 21 billion ETN coins.

How to Buy the ENT Coin?

If you prefer to buy this cryptocurrency instead of mining it on your smartphone, you should look for an exchange that lists ETN. LetsExchange.io allows you to swap more than 4,000 cryptocurrencies for ETN coins. It is fast and secure.

Electroneum Token Forecast for Long Term

Before we discuss our ETN price prediction, let us review the price history of this cryptocurrency. Electroneum held its initial coin offering (ICO) between September and October 2017. The ICO was highly successful. The Electroneum project reached its hard cap of $40 million thanks to more than 120,000 contributors. The price per ETN coin quickly increased to set its all-time high on November 2, 2017, at $0.23. However, by the end of that day, the ETN price dropped to $0.059.

During the bullish crypto run of 2017-2018, ETN increased its price, albeit without setting a new all-time high. On May 1, 2018, this digital coin was traded at $0.1953. Then, a gradual price drop ensued. By September 16, 2018, the ETN price bottomed at $0.005172. Ten days later, on September 26, the ETN price reached $0.02676. However, the price dropped again, and ETN closed the year at $0.007622.

The following year was not better for Electroneum. Throughout 2019, the ETN price did not cross the $0.010 line. This coin started 2020 at $0.003496. In March, the ETN price dropped sharply. It set an all-time low at $0.001428 on March 13. Although the ETN price climbed to $0.009518 on May 17, it did not cross the $0.010 line in 2020.

Despite the tremendous growth of several cryptocurrencies in 2021, Electroneum showed a disappointing performance. The maximum ETN price of the year was $0.03893 on March 25. Electroneum started 2022 at $0.00906. At the time of writing, each ETN coin trades at $0.01097. Electroneum ranks as the #293 crypto per market capitalization according to CoinMarketCap.

Electroneum Price Prediction 2024

In 2024, ETN will likely trade at an average price of $0.026. A maximum of $0.029 is feasible this year. In this year, the market will likely recover and this cryptocurrency will regain value quickly.

Electroneum Price Prediction 2025

For the following year, the Electroneum price prediction 2025 is generally optimistic. This cryptocurrency won’t trade for less than $0.034. A maximum price of $0.42 is possible for 2025. Others are more optimistic and believe ETN could reach $1 by the end of 2025. Although reaching the $1 mark seems hard at the coin’s current price, it could be possible in a few years.

ETN Crypto Price Prediction 2030

In the long run, Electroneum will gain value steadily over the years. In 2028, it will likely cross the $0.10 mark reaching a maximum of $0.13. Although it is challenging to produce an accurate ETN price prediction 2030, this coin would cost no less than $0.23. It could reach a price of $0.32 by the end of 2030.

Year

Min Price

Average Price

Max Price

2022

$ 0.011

$ 0.012

$ 0.013

2023

$ 0.014

$ 0.016

$ 0.019

2024

$ 0.024

$ 0.026

$ 0.029

2025

$ 0.034

$ 0.037

$ 0.042

2026

$ 0.052

$ 0.057

$ 0.065

2027

$ 0.081

$ 0.085

$ 0.096

2028

$ 0.102

$ 0.112

$ 0.135

2029

$ 0.207

$ 0.210

$ 0.221

2030

$ 0.234

$ 0.242

$ 0.280

Should You Invest in ETN?

The price of this cryptocurrency will likely increase in the future. The market for Electroneum is enormous. But this coin has failed to come close to its all-time high set in 2017. You can expect ETN to reach a similar value in the long run. However, like most cryptocurrencies, such investment carries a risk. If you choose to add ETN to your portfolio, invest cautiously.

Summary

Electroneum is a project that addresses a relevant problem: providing payment systems to the unbanked population. The project uses the ETN cryptocurrency for usage on mobile phones for this purpose. Because of the enormous market potential, ETN will likely increase its price in the coming years. Should you invest in this digital asset? Only you can decide. Although ETN price predictions are optimistic, investing in cryptocurrencies is risky. Invest cautiously and you probably will have good returns in a few years.

FAQs

Is ETN a Good Investment?

Price predictions indicate that ETN will increase its price in the next few years. As such, this cryptocurrency can be a good long-term investment. Nevertheless, remember that crypto assets are highly volatile. Hence, do not invest more money in ETN than you can afford to lose.

Will ETN Reach $1?

Not within this decade. Although everything is possible in the crypto market, the possibility of ETN reaching $1 before 2030 is minimal.

Does Electroneum Have a Future?

The Electroneum project addresses a relevant project using smartphones. Since the mobile phone market is growing tremendously, the Electroneum project and its ETN cryptocurrency have a promising future.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.


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