Elrond Reaches Self Reported Market Capitalization of $662.06 Million (EGLD)

Elrond (EGLD) traded 2.9% lower against the dollar during the twenty-four hour period ending at 0:00 AM E.T. on September 6th. Elrond has a total market cap of $662.06 million and approximately $20.26 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can now be purchased for about $24.18 or 0.00044946 BTC on major cryptocurrency exchanges. Over the last seven days, Elrond has traded 18.9% lower against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 2.3% against the dollar and now trades at $0.0530 or 0.00000099 BTC.

About Elrond

Elrond uses the hashing algorithm. It launched on September 3rd, 2020. Elrond’s total supply is 27,382,386 coins. The official website for Elrond is multiversx.com. The official message board for Elrond is multiversx.com/blog. 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.

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

EGLD/USD price chart by TradingView