Elrond (EGLD) Trading 24.7% Lower This Week

Elrond (EGLD) traded up 1.6% against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on April 17th. Elrond has a total market cap of $1.07 billion and approximately $23.73 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can now be bought for about $39.94 or 0.00063498 BTC on popular cryptocurrency exchanges. Over the last seven days, Elrond has traded 24.7% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 7.1% against the dollar and now trades at $0.33 or 0.00000520 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 2.2% lower 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 2.5% higher against the dollar and now trades at $0.0088 or 0.00000014 BTC.

Elrond Coin Profile

EGLD uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 26,830,856 coins and its circulating supply is 26,825,704 coins. The official website for Elrond is multiversx.com. 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. 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 presently possible to purchase alternative cryptocurrencies such as Elrond directly using US dollars. Investors seeking to acquire Elrond should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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