Elrond (EGLD) Market Capitalization Tops $988.98 Million

Elrond (EGLD) traded down 3.3% against the US dollar during the 1-day period ending at 0:00 AM E.T. on November 24th. Elrond has a market capitalization of $988.98 million and approximately $19.18 million worth of Elrond was traded on exchanges in the last day. One Elrond coin can now be bought for about $41.67 or 0.00253879 BTC on cryptocurrency exchanges. Over the last week, Elrond has traded 4.9% lower against the US dollar.

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

  • KILT Protocol (KILT) traded 11.8% lower against the dollar and now trades at $0.37 or 0.00002266 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 6.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 1.6% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 5.1% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • Terra (LUNA) traded 3.4% lower against the dollar and now trades at $1.52 or 0.00009287 BTC.
  • 2G Carbon Coin (2GCC) traded up 3% against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.

Elrond Coin Profile

EGLD uses the hashing algorithm. It was first traded on September 3rd, 2020. Elrond’s total supply is 23,016,298 coins and its circulating supply is 23,732,143 coins. Elrond’s official Twitter account is @elrondnetwork and its Facebook page is accessible here. Elrond’s official website is elrond.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 message board is elrond.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 possible to buy alternative cryptocurrencies such as Elrond directly using US dollars. Investors seeking to acquire Elrond should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Elrond using one of the aforementioned exchanges.

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