Elrond (EGLD) Hits Self Reported Market Capitalization of $1.04 Billion

Elrond (EGLD) traded 4.2% lower against the U.S. dollar during the twenty-four hour period ending at 14:00 PM ET on January 25th. Elrond has a market capitalization of $1.04 billion and approximately $28.75 million worth of Elrond was traded on exchanges in the last day. One Elrond coin can now be bought for about $42.20 or 0.00185716 BTC on major cryptocurrency exchanges. Over the last week, Elrond has traded 5.3% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 4.1% lower against the dollar and now trades at $0.0590 or 0.00000260 BTC.
  • CareCoin (CARES) traded 4.1% lower against the dollar and now trades at $0.0732 or 0.00000322 BTC.
  • OmniaVerse (OMNIA) traded 1.4% higher against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 4.1% lower against the dollar and now trades at $90.60 or 0.00398993 BTC.
  • Lunar (LNR) traded 4.7% lower against the dollar and now trades at $0.0277 or 0.00000122 BTC.
  • Hokkaidu Inu (HOKK) traded up 15.2% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 4.1% lower against the dollar and now trades at $6,359.68 or 0.28006346 BTC.
  • 2G Carbon Coin (2GCC) traded 0.1% lower against the dollar and now trades at $135.57 or 0.00597014 BTC.
  • Lego Coin (LEGO) traded 1.1% lower against the dollar and now trades at $0.0405 or 0.00000178 BTC.

Elrond Profile

Elrond uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 24,912,955 coins and its circulating supply is 24,740,623 coins. 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. Elrond’s official website is multiversx.com. Elrond’s official message board is multiversx.com/blog.

According to CryptoCompare, “Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design.Elrond (ERD) to Elrond (EGLD) swap:Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)).”

Elrond Coin Trading

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

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