What is the highest and lowest price in history for Electroneum (ETN) coins?

The price of Electroneum has exhibited significant volatility since its launch in 2017, driven by factors such as market trends, development progress, and regulatory changes.

Jan 05, 2025 at 07:08 am

Key Points

• Electroneum (ETN) is a cryptocurrency designed to make digital currency accessible to everyone, particularly in developing countries.
• ETN has experienced significant price fluctuations since its launch in 2017.
• The highest price ETN has reached is $0.3904 on January 13, 2018.
• The lowest price ETN has reached is $0.0005827 on June 13, 2019.
• ETN's price has been influenced by a variety of factors, including market trends, development progress, and regulatory changes.

Historical High and Low Prices for Electroneum (ETN)

Highest Price: $0.3904 (January 13, 2018)

ETN's all-time high price of $0.3904 was set on January 13, 2018. This peak coincided with a surge in interest in cryptocurrencies and a broader bull market. At this time, ETN was gaining recognition for its mobile-first approach and ease of use.

Lowest Price: $0.0005827 (June 13, 2019)

ETN's lowest price of $0.0005827 was reached on June 13, 2019. This low point came during a prolonged bear market for cryptocurrencies. At the time, ETN was facing challenges related to market volatility and regulatory uncertainty.

Factors Influencing ETN's Price

1. Market Trends

Like all cryptocurrencies, ETN's price is influenced by overall market trends. When the broader cryptocurrency market is bullish, ETN tends to perform well. Conversely, when the market is bearish, ETN's price can decline.

2. Development Progress

ETN's development progress and community growth can also impact its price. Positive news about the project, such as new partnerships or technological advancements, can boost investor confidence and drive up the price.

3. Regulatory Changes

Regulatory changes and policies can also affect ETN's price. For example, negative news or uncertainty about the regulatory landscape can lead to sell-offs and price declines.

4. Adoption and Usage

The adoption and usage of ETN in the real world can contribute to its price increase. Positive traction and growth in the ETN ecosystem can attract new users and investors, driving demand for the coin.

FAQs

Q: What is the current price of ETN?

A: As of today's date, the current price of ETN is $0.004963.

Q: What is the future price outlook for ETN?

A: Future price predictions are highly speculative and can vary widely depending on market conditions and project development. However, ETN has a strong team, a clear roadmap, and a dedicated community, which could contribute to positive price performance in the long term.

Q: How can I buy or sell ETN?

A: ETN can be traded on various cryptocurrency exchanges, including Binance, KuCoin, and Bittrex.

Q: What is the circulating supply of ETN?

A: As of today's date, the circulating supply of ETN is approximately 12.8 billion coins.

Q: What is the total supply of ETN?

A: The total supply of ETN is limited to 21 billion coins.