Elrond ERD (ERD) Achieves Market Capitalization of $261.61 Million

Elrond ERD (CURRENCY:ERD) traded 0.1% higher against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on June 10th. One Elrond ERD coin can currently be bought for $0.0195 or 0.00000191 BTC on popular exchanges. Elrond ERD has a total market cap of $261.61 million and approximately $2.38 million worth of Elrond ERD was traded on exchanges in the last 24 hours. Over the last seven days, Elrond ERD has traded down 0.8% against the US dollar.

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

  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00002729 BTC.
  • XRP (XRP) traded down 3.5% against the dollar and now trades at $0.87 or 0.00002363 BTC.
  • Polkadot (DOT) traded 5.5% lower against the dollar and now trades at $22.81 or 0.00062210 BTC.
  • Internet Computer (ICP) traded 14.4% lower against the dollar and now trades at $70.63 or 0.00192636 BTC.
  • Filecoin (FIL) traded 5.9% lower against the dollar and now trades at $72.92 or 0.00198865 BTC.
  • Kusama (KSM) traded down 5.4% against the dollar and now trades at $483.72 or 0.01319246 BTC.
  • Bitcoin BEP2 (BTCB) traded down 1.6% against the dollar and now trades at $36,622.41 or 0.99880163 BTC.
  • SHIBA INU (SHIB) traded 7.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Klaytn (KLAY) traded down 6.3% against the dollar and now trades at $1.06 or 0.00002889 BTC.
  • KnoxFS (old) (KFX) traded up 4.3% against the dollar and now trades at $19.25 or 0.00049793 BTC.

Elrond ERD Coin Profile

Elrond ERD launched on March 16th, 2019. Elrond ERD’s total supply is 20,000,000,000 coins and its circulating supply is 13,441,870,873 coins. The Reddit community for Elrond ERD is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. Elrond ERD’s official Twitter account is @ElrondNetwork and its Facebook page is accessible here. The official website for Elrond ERD is elrond.com. The official message board for Elrond ERD is medium.com/elrondnetwork.

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 ERD Coin Trading

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

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