aelf Reaches Market Cap of $358.12 Million (ELF)

aelf (ELF) traded up 1.8% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on December 24th. aelf has a total market capitalization of $358.12 million and approximately $12.97 million worth of aelf was traded on exchanges in the last day. In the last week, aelf has traded 5.7% lower against the U.S. dollar. One aelf coin can now be bought for about $0.49 or 0.00000492 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 2.9% higher against the dollar and now trades at $0.26 or 0.00000261 BTC.
• Tezos (XTZ) traded 11.9% higher against the dollar and now trades at $1.45 or 0.00001466 BTC.
• Terra Classic (LUNC) traded up 4.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 7.1% higher against the dollar and now trades at $0.45 or 0.00000457 BTC.
• GXChain (GXC) traded 4.5% higher against the dollar and now trades at $0.42 or 0.00000425 BTC.
• Adshares (ADS) traded down 2.6% against the dollar and now trades at $0.75 or 0.00000762 BTC.
• BitShares (BTS) traded 1.2% higher against the dollar and now trades at $0.0016 or 0.00000002 BTC.

aelf Coin Profile

aelf (ELF) uses the hashing algorithm. It launched on December 18th, 2017. aelf’s total supply is 996,447,414 coins and its circulating supply is 736,220,730 coins. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. The official website for aelf is aelf.com. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. aelf’s official message board is blog.aelf.com.

According to CryptoCompare, “aelf is an open-source blockchain network designed as a complete business solution that utilizes a structure of ‘one main chain + multiple side chains’ to enable effective resource isolation. It achieves high throughput through parallel processing and the AEDPoS consensus mechanism. aelf achieves efficient and secure communication between the main chain and all side chains, allowing direct interoperability between them. The ELF token is the aelf utility token, which is mined on the aelf mainnet explorer and was previously an ERC-20 token.”

Buying and Selling aelf

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

ELF/USD price chart by TradingView