Elrond Price Hits $40.22 (EGLD)

Elrond (EGLD) traded up 0.6% against the US dollar during the 1-day period ending at 16:00 PM E.T. on May 8th. Elrond has a total market cap of $1.08 billion and approximately $34.46 million worth of Elrond was traded on exchanges in the last 24 hours. In the last seven days, Elrond has traded 6.6% higher against the US dollar. One Elrond coin can currently be bought for about $40.22 or 0.00064738 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 1.5% lower against the dollar and now trades at $0.29 or 0.00000474 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 2.8% higher against the dollar and now trades at $0.0103 or 0.00000017 BTC.

Elrond Coin Profile

EGLD uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 26,919,701 coins and its circulating supply is 26,914,549 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. The official website for Elrond is multiversx.com. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as Elrond directly using U.S. dollars. Investors seeking to acquire Elrond should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Elrond using one of the aforementioned exchanges.

EGLD/USD price chart by TradingView