The biggest hype has been around Ripple (XRP), but it wasn’t the coin the saw the biggest growth. That honor belongs to Electroneum (ETN).
Over the past week there’s been an insane amount of coverage for Ripple, XRP and xRapid. One of the biggest banks in the U.S., PNC, is joining RippleNet to process international payments. The launch of xRapid – a tool to ease cross-border transactions – is close to launch and XRP was not deemed a security, but a commodity, by the SEC. All these are reasons for Ripple unprecedented growth from 0.27 USD to 0.69 USD. That’s 137.9% up in value in less than a week. But it wasn’t the best performing coin out there…
If you would’ve bought Electroneum (ETN) on September 18th, you’d pay 0.005142 dollar per ETN. Just before lunch on September 23rd the coin peaked at 0.016497. That’s a 220.8% growth in less than a week.
Electroneum is completely build around the idea of mobility. They even build mining software into their own app. Electroneum released a beta version of its mobile payment application. Community feedback has been outstanding. As a result, interest in the coin has increased. Trading volume went up big time from 180K to 570K within days.
Of course there’s a pull back on the price. People will capitalize. But this tremendous run put ETN on the map. Over the past few days Ripple stole the headlines, but ETN had the biggest growth spurt.
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