Elrond (EGLD) Price Reaches $29.72 on Major Exchanges

Elrond (EGLD) traded down 10.2% against the dollar during the one day period ending at 21:00 PM E.T. on June 17th. During the last seven days, Elrond has traded 15.1% lower against the dollar. Elrond has a total market capitalization of $804.66 million and approximately $29.61 million worth of Elrond was traded on exchanges in the last day. One Elrond coin can currently be bought for about $29.72 or 0.00045391 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 5.5% lower against the dollar and now trades at $0.21 or 0.00000325 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 down 2.2% 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.9% lower against the dollar and now trades at $0.0103 or 0.00000016 BTC.

Elrond Coin Profile

EGLD uses the hashing algorithm. Its launch date was September 3rd, 2020. Elrond’s total supply is 27,080,923 coins and its circulating supply is 27,075,771 coins. The official message board for Elrond is multiversx.com/blog. 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 website for Elrond is multiversx.com.

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 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Elrond using one of the exchanges listed above.

EGLD/USD price chart by TradingView