Elrond Price Reaches $30.84 (EGLD)

Elrond (EGLD) traded 0.7% lower against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on August 1st. Elrond has a total market cap of $840.46 million and $39.40 million worth of Elrond was traded on exchanges in the last day. During the last seven days, Elrond has traded 5.4% lower against the U.S. dollar. One Elrond coin can currently be bought for approximately $30.84 or 0.00047439 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 2.1% against the dollar and now trades at $0.17 or 0.00000261 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.7% against the dollar and now trades at $0.0127 or 0.00000020 BTC.

Elrond Profile

Elrond uses the hashing algorithm. It was first traded on September 3rd, 2020. Elrond’s total supply is 27,259,755 coins and its circulating supply is 27,254,603 coins. Elrond’s official message board is multiversx.com/blog. 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. Elrond’s official website is multiversx.com.

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

EGLD/USD price chart by TradingView