Why Electroneum ($ETN) WILL Rise In 2018! - YouTube

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I was debating whether or not to make this video because I don't want anything biased here

But I have put a position in the lecture II and myself

I'm seeing a lot of concerns on the Left geom on the total market cap at 21 billion dollars

People are wondering whether or not there's going to be a huge sell-off once the tokens are released to ico investors

And then there's also some issues with security that they're actually addressing on their Twitter on a constant basis

I want to address all of those and why I think there won't be a sell-off why I think this is working to their advantage

As well as why I think the price is truly gonna increase over 2018 once again?

I'm not getting any incentives for making this video you guys always ask me where my positions

And that's what I want to talk about why I've put a position in electrum

We give away $100 every single day on this channel

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So let's talk about electro Neum at the end of the day. This is not financial device

I immediately cannot give you guys financial advice on this channel

But I'm gonna talk about why I think the price is gonna increase

And I'm gonna take a little bit of a different approach here

We're gonna be looking at their social media first and foremost if we look at their social media

They've been doing very well with their updates now

If you guys don't know Donald Trump won the election because of Twitter he had a lot more social engagement than Hillary Clinton

Therefore I probably said that name wrong

Therefore she did not win the election because he had more social engagement

So it's a good indicator on where the community is unified where the community is engaged and that's gonna really

Determine a little bit of why I think electro neum has a very strong potential in 2018

I know this is a different approach

I hope you guys enjoy this approach

But I felt like this is the way I determined my position on electrum

So I want to share that with you guys so electron team as you can see over 20 thousand followers at just under

28,000 and they've continuously updated us which I give them commendations for that they've stayed up to date with their community

They've been having security issues, so they haven't released the wallet yet

Therefore I'm glad they're doing that they're taking their steps. They're not rushing into things

But I want to just dive into the price point here so a lot of people have

Issues with the total max apply at 21 billion. They feel like that's a lot of coins now

This is what I want to address you. I want to take this and

Compare it to a coin like card on oh right card

Oh, no has almost double a lot more than double actually a the amount of coins in its max supply

It's got a total circulating supply of 21 five billion compared to electron in that only has five billion in total

circulating supply

And if you guys don't know this the circulating supply of electrum is gonna stay pretty stable and consistently grow over time

It's not just gonna take huge leaps and parabolic growths

Because the end of the day you have to mine electron ium to actually be able to be incentivized with the coin

So the billions of coins that are still in the max supply aren't just out yet kind of like how Bitcoin doesn't have all of

Its coin released yet - so with Cardno though. It's a good example to look at because look at the total supply here

We're at thirty 1 billion and their price is at 13 cents

They have a total market cap of 3 billion US dollars, but here's the interesting part

So if we were to cut their max supply in half and make it kind of like how electron M

Is then elector names price if it was exactly like Cardno would be at 26 cents in this scenario now?

That's a very different approach. We also have to look at the circulating supply here. It's at 25

Electrode names only at 5 which basically means electrum will have a higher price point if that's the case

But check this out Cardno only has

11,000 followers on twitter right and I know this isn't like a big factor, but this for me it matters

This is their second Twitter account 15,000 followers now. Yeah, of course they've only had

570 tweets compared to

412 tweets here electrum has had just over 500 tweets as well

But this shows me that electrum has a lot more community support so if a coin like card on oh

Can be valued at over 3 billion?

Why can't?

Elektra Neum so I also want to talk about where I think the price is gonna be for luxury and so I want to look

At some other coins here look a triple a hundred billion in total market cap

They have over a nine billion dollar market capitalization right now

And they're circulating supply is almost 40 billion coins, but check this out there at 25 cents now

Here's the thing you look a triple social media

228 thousand followers, but here's the thing you have to give

Elektra you have some grace. They've only had five hundred and seventy five tweets ripple has had over five thousand

So I don't want to be biased here

I want to show you guys every aspect every perspective here, and I know this is a big factor

I just want to show you guys this because community means a lot

These are the people that are gonna be utilizing the token the community members are the ones

That drive the price of the token up. It's all about supply and demand

What is the demand it's all about having buyers and sellers so iota here iota has had a lot of press

Focus over the past couple of days because of the Microsoft partnership, they have a 2 billion

coin max supply

They're circulating supply is exactly the amount of coins

They have in their max supply

So as you can see they have a nine billion dollar market cap but they're valued at three dollars and 36 cents

here's the cool thing about iota only has twenty two thousand nine hundred followers and

Only under 700 tweets so Elektra Neum less tweets more followers the coin is very low in price

The coin hasn't been released on their exchange yet

They haven't released their wallet yet a lot of people also want to debate that people are gonna sell

Elektra Neum once the coin is released to the ico investors, but here's the thing why would somebody want to sell something

That's over 10x its value right now. Why wouldn't they want to make more money? I?

Definitely believe there's gonna be a small sell-off

But I don't believe it's gonna go a you know down back to a cent that doesn't make sense

with all of these factors in place electroni 'm as a coin as a company in general as a as a

Topic as an idea is a great company you know

I like the fact that you can mine

With your mobile device or you can use a gaming console to mine the coin like there are a lot of cool things about

Electrum I feel like their project is good. You look at their total supply

You look at the the numbers the statistics here

And I think it's a great coin if you guys want to buy your own electrum you can go on crypto Pia and purchase electroni

In right now

I've personally put in a position and that's exactly why I've put my position in election iam so I hope that

Helps you guys a little bit

I was debating whether or not to make this video or not

But I hope this has brought some sort of value to you guys

I appreciate you guys watching this video on our channel, and I always want to deliver the best content

So thank you so much guys, and I want to hear your guys's opinion so for the 100 dollar giveaway

We give away $100 every single day on this channel. Here's my question for you. What is your opinion on electron?

You know just a simple question. I want to hear your guys's opinions

I love hearing you guys on the community

Posting comments below talking about what you think and other than that guys

It was a pleasure making this video with you guys until our next video. That's it for today name al-abadi out