Breaking News| Electroneum to be listed on HitBTC & NEXT.EXCHANGE

in #mspsteem6 years ago

electroneum-name-and-logo.png

Breaking News| Electroneum to be listed on HitBTC & NEXT.EXCHANGE

As of yesterday, it was announced that Electroneum will now be listed on HitBTC & Next.Exchange

I've been following Electroneum since before it's ICO. Although they ran into more than their fair share of hiccups and obstacles during the ICO launch, the coin has since been trading on Cryptopia and is the only cryptocurrency exchange where you can trade electroneum.

However, other than the obvious obstacles the electroneum ran into during the launch of the ICO, the community has greatly backed and supported the Electroneum Team. With this being said, there was some concern about the limited exposure Electroneum was receiving by only being listed on Cryptopia. This is also evident if you look at the daily volume on coinmarketcap which you can see below.

Snip20180120_12.png

However, as of yesterday, Richard Ells (the CEO of Electroneum) appears to be listening to the electroneum supporters and community as he announced that Electroneum will now be listed on not only Next.Exchange but also HitBTC. This is absolutely huge news! As you can see from the chart above, the daily trading volume of electroneum is not all that impressive. However, if you examine the 24-hr trading volume of the entire Cryptopia exchange itself, its not hard to see why that is exactly as you can see in the picture below.

Snip20180120_14.png

As you can see from this image (which is the 24 hour volume exchange ranking as listed on coinmarketcap) Cryptopia is currently listed as number 31 with $65,376,957 worth of volume traded within 24 hours. As you can also see from this picture is that Electroneum is the number 1 listed cryptocurrency in terms of 24 hour trading volume.

Now if you compare this trading volume to that of a bigger exchange, for instance, HitBTC. You can clearly see the difference in 24 hour trading volumes, in the picture below.

Snip20180120_13.png

All in all, this may be just what electroneum needed, which is more exposure! However, now only time will tell.

Please let me know your thoughts and what you think the potential of electroneum is by leaving a comment below :)


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