Home / Others / Dogecoin (DOGE) vs Electroneum (ETN); Does The Crypto Space Need Fun or Simple? – Crypto Recorder

Dogecoin (DOGE) vs Electroneum (ETN); Does The Crypto Space Need Fun or Simple? – Crypto Recorder

When you get to understand Dogecoin, you get to understand the concept behind it by creating fun cryptocurrency. Where cryptocurrencies are complicated, complex and intimidating, Dogecoin tries to make everything a little bit more fun. Electroneum, on the other hand, is aimed at being simple; simple to understand, simple to use and simple to mine. Electroneum understands that there are millions of people who are interested in buying cryptocurrency but find the process of getting accounts and buying, complicated. With Electroneum, one can buy and mine through a mobile app.

What Makes Electroneum Special?

The cryptocurrency was created in 2013 and unlike most coins at the time which were created in Asia and America. Although it is built on the Monero codebase, Electroneum is unique in that it is based on a mobile application. This has been simple to purchase and use. The team behind the project believes that it is up to mass adoption and will give access to millions of people interested in cryptocurrencies.

In some cryptocurrency exchanges, they have to take a selfie of themselves while holding their identity cards, have to reside in specific countries and other requirements. Most of these requirements have been pushed from potential investors who are uncomfortable giving this information away from investing. Electroneum achieves all crypto operations using a simply downloaded mobile app.

In addition to simplicity, the coin has an emphasis on privacy. This is no surprise as the coin is built on Monero. It also makes it easy to mine Electroneum since it has been This takes away the need for hardware that tends to be expensive and has been criticized to be environment-unfriendly. The app although it is built as a mobile app, can be used in mobile phones and desktops. The team behind the coin.

At the time of press, Electroneum is trading at $ 0.013686, up by 18% in the last 24 hours. The coin has a market cap of $ 109,197,877.Dogecoinoge

What Makes Dogecoin Special?

It started around the same time in 2013 but where Electroneum started as a serious cryptocurrency looking to compete with bitcoins, Dogecoin was an internet sensation. Dogecoin started as a meme of a Japanese dog (Shiba Inu) nicknamed "doge". It's cute and cuddly looks made famous by social media and especially on Twitter.

Jackson Palmer, the founder of the coin, quickly took the idea "doge" into a payment gateway while it was still an internet sensation. It was already garnered, attracting a loyal community. , It has taken some time for people to fully understand, and has given its foundation to be one of the best payment gateways and investment options in 2018. The year has also been the most successful one by far .

Has been attracted to the market. Most cryptocurrencies change prices according to bitcoin's behavior and this always affect them both negatively or positively regardless of their individual achievements. However, Dogecoin does not. Even when bitcoin is struggling, Dogecoin is able to record profits based on its own achievements.

At the time of press, Dogecoin is trading at $ 0.005719, up by 1.56% in the last 24 hours. And has a market cap of $ 665,068,088.

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