Provider of crypto community insight helping investors make better investment decisions, LunarCRUSH, confirms remarkable improvement in Electroneum’s 3-month social activities.
For the past three months, the cryptocurrency has had a fairly steady sentiment in the crypto community, recording social engagement growth of 56.7% within the said period.
LunarCRUSH captioned on Twitter that the British mobile-based mining cryptocurrency recorded over 69 million social engagements in a calendar quarter.
While there were 68,813,075 Electroneum social engagements in the last three months, the trimester before that saw 44,549,582 Electroneum social engagements.
The past three months have been glorifying for Electroneum in terms of its social engagements. Electroneum also saw significant growth in terms of social volume three months back.
The social volume of the cryptocurrency, as presented by LunarCRUSH, surged by 25.1%. The social posts of the cryptocurrency across the world ascended to 58,144 from 46,475 posts.
Also, the chart indicated that Electronuem received over 68% bullish sentiments in the last trimester.
LunarCRUSH published the social activity report of the cryptocurrency following a request from an Electroneum lover.
The social growth may be clustered around the blockchain company’s recently launched a new fork update to upgrade the version of its blockchain network to 9 from 8. The fork will also make way for a reduction in the emissions of ETN by 75%.
Electroneum also promised to slash the inflation rate of ETN from 4% to 2% and increase ETN demand in the market.
Recently, prominent trader and crypto market expert Mati Greenspan, the creator of Quantum Economics, joined LunarCRUSH analytical company as an advisor. It is expected that Greenspan who was a senior analyst at eToro will help the company grow its presence in the crypto ecosystem as it prepares for a seed round led by Draper Goren Holm.
Electroneum Registered Users Reach 4 Million
Around the time the mobile-oriented cryptocurrency announced its plans to launch a hard fork of its network, it also declared reaching four million registered users milestone.
Electroneum solution usage in the developing countries is now on the rise as the cryptocurrency project targets initiating financial inclusion for the unbanked population around the world.
The launch of the ETN electricity top-up in four African countries showcased some of the problems Electroneum is targeted at solving as the project lets people pay for electricity on their mobile phone without the need for a bank account.