Elrond (EGLD) Self Reported Market Capitalization Achieves $1.12 Billion

Elrond (EGLD) traded up 2.2% against the US dollar during the 24-hour period ending at 12:00 PM E.T. on March 19th. Elrond has a total market capitalization of $1.12 billion and approximately $20.96 million worth of Elrond was traded on exchanges in the last day. One Elrond coin can now be bought for $44.64 or 0.00159398 BTC on major cryptocurrency exchanges. Over the last week, Elrond has traded 16.2% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 7.4% against the dollar and now trades at $0.40 or 0.00001424 BTC.
• Aidi Finance (BSC) (AIDI) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0693 or 0.00000250 BTC.
• CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0860 or 0.00000310 BTC.
• OmniaVerse (OMNIA) traded down 6.8% against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $102.79 or 0.00371065 BTC.
• FEG Token (FEG) traded 1.6% higher against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $7,471.04 or 0.26970295 BTC.
• Hokkaidu Inu (HOKK) traded 0.7% higher against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• Lego Coin (LEGO) traded down 7.9% against the dollar and now trades at $0.0164 or 0.00000059 BTC.

Elrond Profile

EGLD uses the hashing algorithm. Its launch date was September 3rd, 2020. Elrond’s total supply is 25,159,815 coins and its circulating supply is 25,154,663 coins. The official website for Elrond is multiversx.com. The Reddit community for Elrond is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible 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.”

Buying and Selling Elrond

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

EGLD/USD price chart by TradingView