Electroneum's dive stops on Qryptos

in #exchange6 years ago

Electroneum saw all-time low of 108 satoshis on Qryptos during April 6th (server time) before starting to climb back up. This conincides with public statement from Electroneum CEO Richard Ells who attributed the free fall to group of small-time traders making small orders below real value of Electroneum and spreading uncertainty and mass panic. Richard Ells assures that engineers make all they can to keep the blockchain operational even if future ASIC users manage to rocket the network hash rate sky high and squeeze the time between two subsequent blocks to shortest possible.

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