aelf (ELF) Reaches Market Capitalization of $85.44 Million

aelf (ELF) traded up 4.7% against the dollar during the 1 day period ending at 18:00 PM E.T. on May 14th. aelf has a market capitalization of $85.44 million and $15.75 million worth of aelf was traded on exchanges in the last 24 hours. One aelf coin can currently be purchased for about $0.16 or 0.00000530 BTC on major cryptocurrency exchanges. During the last week, aelf has traded 30.9% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded down 1.1% against the dollar and now trades at $29,618.96 or 1.00010201 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00003383 BTC.
  • Solana (SOL) traded up 0.6% against the dollar and now trades at $51.09 or 0.00172513 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00003379 BTC.
  • Polygon (MATIC) traded down 3.8% against the dollar and now trades at $0.67 or 0.00002255 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

About aelf

aelf (CRYPTO:ELF) is a distributed proof-of-stake (dPOS) coin that uses the ETH Token hashing algorithm. Its genesis date was September 13th, 2017. aelf’s total supply is 880,000,000 coins and its circulating supply is 544,480,200 coins. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. The official message board for aelf is medium.com/@aelfblockchain. aelf’s official website is aelf.io.

According to CryptoCompare, “aelf is an open-source blockchain network designed as a complete business solution. The structure of ‘one main chain + multiple side chains’ allows developers to independently deploy or run DApps (Distributed Applications) on individual side chains to achieve effective resource isolation. By adopting parallel processing and the unique AEDPoS consensus mechanism, aelf's technology made major breakthroughs in performance, achieving high throughput. Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains. ELF token is the aelf utility token, mined on the aelf mainnet explorer, previously an ERC-20 token. “

Buying and Selling aelf

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

Receive News & Updates for aelf Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for aelf and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.