It has been a while since anyone last talked about Electroneum in a hyped up manner. Although the Electroneum price is still at a respectable level, the massive growth some investors had hoped for has not materialized in the slightest.
Even though the week had seemingly started off with some positive market momentum, most cryptocurrencies are going through a somewhat violent retrace. Not entirely surprising when considering how weak Bitcoin has looked since Sunday afternoon.
Over the past few months, there has been plenty of talk about Electroneum. This mobile-oriented cryptocurrency project has seen its fair share of success, although some users are turning their back on this entire concept already.
In the world of cryptocurrency, there will always be markets which struggle first and foremost. While Bitcoin is currently subjected to a bit of a bullish spell, the same won’t always apply to alternative markets.