Elrond Achieves Self Reported Market Cap of $780.73 Million (EGLD)

Elrond (EGLD) traded down 1.9% against the US dollar during the 24-hour period ending at 12:00 PM E.T. on June 21st. One Elrond coin can currently be bought for about $28.82 or 0.00045454 BTC on exchanges. Elrond has a total market cap of $780.73 million and approximately $29.86 million worth of Elrond was traded on exchanges in the last 24 hours. In the last week, Elrond has traded 13.5% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded 0.4% lower against the dollar and now trades at $0.21 or 0.00000331 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 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.
  • 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 1.7% higher against the dollar and now trades at $0.0107 or 0.00000017 BTC.

Elrond Coin Profile

Elrond (CRYPTO:EGLD) uses the hashing algorithm. It launched on September 3rd, 2020. Elrond’s total supply is 27,092,995 coins and its circulating supply is 27,087,843 coins. Elrond’s official website is multiversx.com. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. Elrond’s official message board 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.

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 buy alternative cryptocurrencies such as Elrond directly using U.S. dollars. Investors seeking to trade Elrond should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Elrond using one of the exchanges listed above.

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