Hello every one,
Today we will talk about a crypto currency Electroneum.
Electroneum is a crypto currency with the brilliant goal of mass adoption and the currency which you can mine on your smartphones.
Ico of Etn got huge success, a huge support from its huge community over 100000 followers on Facebook, telegram plus over 100000 active mobile miners. But still price is getting low and low.
Why its like this??
Its called price manipulation, firstly price was manipulated by assic miners peoples are mining coins with these superpower full miners and dumping the coins on exchanges, But now the etn is assic resistant this manipulation is not over exists.
But now bots or whales are manipulating the price on etn, if you go to cryptopia exchange you can see the huge sell orders and huge buy orders executing continuously, They are trading bots due to continuous buying and selling of coin at the low price coin is stuck in below a specific price range.
Solution-
When etn hits on bigger exchanges and got bigger volume it will not be manipulated anymore, so we have to keep patience , The project is good there are lot more things happening inside.