Elrond Reaches Self Reported Market Cap of $1.04 Billion (EGLD)

Elrond (EGLD) traded 2.9% lower against the dollar during the 1 day period ending at 10:00 AM Eastern on May 23rd. Elrond has a total market cap of $1.04 billion and approximately $34.29 million worth of Elrond was traded on exchanges in the last day. In the last seven days, Elrond has traded down 4.3% against the dollar. One Elrond coin can now be bought for about $38.40 or 0.00056581 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 11.4% lower against the dollar and now trades at $0.27 or 0.00000399 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 4% against the dollar and now trades at $0.0100 or 0.00000015 BTC.

Elrond Profile

Elrond uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 26,976,242 coins and its circulating supply is 26,971,090 coins. Elrond’s official website is multiversx.com. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. The Reddit community for Elrond is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. The official message board for Elrond is multiversx.com/blog.

According to CryptoCompare, “MultiversX is a blockchain platform designed to provide scalability and secure decentralized applications. It is powered by adaptive state sharding, secure proof of stake, and a dedicated virtual machine that enables developers to build applications in a variety of languages. The platform has a network structure which includes a metachain, shards, and nodes and three distinct roles: Validator, Observer, and Fisherman. eGold (EGLD) is the native token of the MultiversX blockchain, used to pay for services on the network and as collateral for validators. MultiversX was founded in 2017 by Lucian Todea, Beniamin and Lucian Mincu and is supported by the Elrond Network. It conducted a successful private investment round and an Initial Exchange Offering (IEO) in 2019 and launched its mainnet in 2020, where it changed its cryptocurrency from ERD to EGLD.”

Elrond Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Elrond directly using U.S. dollars. Investors seeking to trade Elrond should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Elrond using one of the aforementioned exchanges.

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