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RE: Electroneum (ETN/USD) Target $0.075 (>100% Profit Potential); ETN/BTC Target 0.0000065 BTC (200% Profit Potential)
This time the "news" are somewhat in relation with what is happening, I am following ETN. The thing is, since they were subject of a serious hackerattack beginning of this month, they shut down their whole system and locked up all the wallets with the ETN that was bought by ICO investors. Only the mined ETN is out there, which obviously is only a fraction of the ETN that will be released once they finish their tests with Hackerone in about 2 weeks. This is also why they took them off coinmarketcap, it is impossible to define the circulating amount.
Wont releasing all that locked up electroneum cause the price to go down at least for a short period?
Thank you, I was one of the ICO investors and have so much faith in this coin, as soon as the waters settle for them, it will rise like a star.