In this YouTube commentary, the host announces that Electroneum (ETN) will be listed on the sizable exchange CoinBeam in July, highlighting the exchange’s strong presence in Asian and Latin American markets which align with Electroneum’s user base. The video outlines the potential for increased trading volume and price appreciation following a major exchange listing, citing recent market activity such as a $500 million 24‑hour volume on CoinBeam and a 20 % price jump for ETN tied to broader market spikes and Coinbase’s new custodial accounts for institutions. The speaker discusses technical challenges facing Electroneum, specifically the return of ASIC miners and the limitations of GPU mining, arguing that allowing ASICs is necessary for network stability and scalability. He reflects on Electroneum’s history, including its fork from Monero to meet regulatory requirements in key regions, and praises its rapid user growth—approaching 2 million users, a rate the host claims surpasses Facebook’s early growth. Throughout, the host maintains a bullish stance, predicting significant price gains, encouraging viewers to acquire ETN at its low price point, and urging community engagement. The video concludes with a call to like, subscribe, and share opinions on the news.
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Hey you, welcome back to the channel. And guys, today I'm excited to talk about this month Electronium will be listed on a pretty big exchange. I believe the name is CoinBeam. I could be saying it wrong. As I understand it, the— it has a large customer base which is Asian and serves a lot of Latin American communities. And this works very well with Electroneum, as Electroneum is going to— is being used a lot by those areas of the world. But this is great, guys, because now what this is gonna allow is for the trading of Electroneum. I believe they've done this much larger exchanges, did over $500 million in volume over just the last 24 hours. So this is— yeah, so they're, they're moving, their volume is good. And although I haven't traded on this exchange, uh, typically when a token is listed on a big exchange, we can see some price improvement. Um, some negative components of that, or what might— or what some may consider might be negative, is the ASIC miners are returning, and that's due to all the problems we've had with the network. Um, so enable to keep the network stable for listing and being appealing to other exchanges and other users of the token. Because if we're going to be a token that has so many people transacting business over Electroneum, you want a stable network. We want, we want it efficient. And that's not going to happen if we don't have the proper technology in play, and GPU mining just isn't going to get it. And so it's now become necessary that although a lot of campaign earlier was making it fair, ASIC miner, you know, protection, but sometimes in order to go forward, get to the next level, you have to make needed changes. And Electroneum's in a situation where this is what's going to need to happen. Now, you know, as far as, you know, where Electroneum is going to end up after this, I'm very bullish, and my prediction is we're we're gonna see the Electroneum token go up a lot more value. Now, I don't know exactly how high it's going to go, but even if we look back just over the last 48 hours, guys, Electroneum had gained upwards of like 20%. It was, it was jumping with the overall spikes in the market, a lot due to the Coinbase custodial accounts now being allowed for institutional investors, right? So, you know, that was pretty awesome to see. I was very happy about it because several days ago I was able to pick up quite a bit of Electroneum for under a penny. And so I was— it was just like a big gift to me because I want to get in at the ICO price, but I wasn't on the Electroneum bandwagon at the time. I wasn't really aware of it. And with it being able to get it under ICO price, I was like, oh, this is awesome. Now what's great is now it's going up, but also a lot of people who got in at the ICO price and people who got in a lot higher, as Electroneum is now going to be listed on this big exchange in this month, in July, I'm hoping that we will all get to see a great improvement in the price of Electroneum. And also, we have to bear in mind, guys, what Electroneum has right now is what I think of as attractive pricing, right? It has a very appealing price at a penny or so, and that's appealing. People find certain prices appealing where they want to pick up more. And You know, even if, even if you're buying in Electroneum, it goes to a couple of cents to 3 cents, you're like doubling and tripling your, your investment. And, uh, um, you know, as we've seen what can happen with Electroneum, uh, this, you know, is a very possible, very big possibility with all the news being added to the exchanges. I think Electroneum is moving very well. 1.8 million users now. Almost 2 million users in a short period of time. These guys have beat out Facebook in getting numbers at the speed they're getting. Um, you know, they've just done an awesome job. Just, just amazing. What's been the setback for Electroneum obviously has been the, um, the technology, the problems with, you know, first, you know, obviously having to break from Monero during the fork in order to later on be compliant with a lot of these Asian countries that Electroneum is going to find a very huge market with and do a lot of business with. So as I look back over the course of Electroneum, what I'm seeing is every step they've taken, they haven't been the wrong steps. Now Electroneum has been a bit unlucky where at the time, at certain times, they've executed their plans, uh, you know, just circumstances beyond them have kind of created some problems. But as far as them, uh, as I look at their steps, uh, you know, to me they look good. I don't see any problems, uh, that they, that they made, even with this, uh, getting, getting the ASIC miners back. Um, you know, sometimes it's necessary to improvise, sometimes necessary to make needed changes in order to make your projects successful, right? And so that's what Electroneum is doing. You know, they see what the problem is, they're taking the necessary steps to fix it, letting the ASIC miners back in, making the network more stable. Uh, you know, now of course when you do that, you, you're going to create similar problems, you know. But as we've seen with Bitcoin, although Bitcoin has had its problems over the, over the years, Bitcoin has not only still remained a dominant coin, but it has still remained the pillar of cryptocurrency, unable to be dethroned, unable to be replaced. And so, you know, I think, you know, there are going to have to be some things we give up in the cryptocurrency space, right? Um, I know that some that might feel like giving up freedom for security, uh, some in some cases what may feel like two impossible choices. But, you know, I think overall with what Electroneum is achieving, or what is— I believe it's going to achieve, I believe that, um, you know, the the, the pain, the growing pains that it's going through and the choices it's having to make is going to be for the better. So I'm on board with Electroneum. Um, you know, um, I understand the problem with ASIC mining. We understand the problems with GPU mining. And, you know, we, we have all sides, and that's what you have to do. You have to take all sides and you have to come up with the best possible course of action you can take. And that's what Electroneum has done. I think everything sounds great. I'm excited about this exchange, um, guys. Maybe now is the time to start picking up as much Electroneum as you can because, you know, as this token is going to serve a lot of Asian and Latin American community, right, there is going to be a big demand there. This is going to be used and this is going to be the time to get it. I think over time we're going to see a lot more price increases in Electroneum, and I believe it's going to surpass 2 million real quick here and go to several million. And that's what I'm seeing, guys. Again, tell me all what you think, what you like with this latest news, what some of your concerns are. Guys, you like content like this, don't forget to like and subscribe. And until next time, take care.
