Electroneum is ranked at #89 in the market. The price rose at a rate of 1.80% in the course of the past 24-hours. This brought ETN all the way up to $0.004064 where it presently rests. The trading volume recorded stands at roughly $0.244 million, whereas the supply has 9,826,945,190 ETN coins in play for now. The total market cap of Electroneum amounts to $39.933 million.
Turkey is a nation located in the heart of the Middle-East. For many years, the United States has been working diligently to bring in a puppet-leader and remove Erdogan from power. So far, Donald Trump has been unsuccessful. Although various sanctions imposed on the country and its people has resulted in widespread unemployment [which has soared over 13%] and inflation.
Even though poverty and illiteracy aren’t massive problems in Turkey, economic uncertainty prevails across all sections of society. However, a key feature tied to cryptocurrencies includes 1/5th of the entire population operating as HODLers who are actively interested in collecting Bitcoin and other forms of virtual currency.
49% of the citizens hold the opinion that cryptocurrencies hold the key to a brighter and a more secure future. Smartphone usage is surging across Istanbul and other cities, and by 2022, more than 70% of inhabitants residing in Turkey shall be acquainted with the dynamics associated with a 4G network.
Now, more than 41,000 ETN enthusiasts can top-up their Turkcell, Vodafone and Turk Telekom devices. These three operators are in charge of the entire nation and have over 80 million subscribers. This is yet another move by the AML/KYC compliant cryptocurrency whose services were made available in South Africa and Brazil prior to this development.
Mass-adoption and targeting mainstream interest have been key goals of the Electroneum team. As a utility, ETN has been moving up with the ladder with much greater pace this year.
This article was first published on BitcoinNews