aelf Market Capitalization Achieves $291.28 Million (ELF)

aelf (ELF) traded up 0.2% against the U.S. dollar during the 24 hour period ending at 15:00 PM E.T. on August 27th. Over the last week, aelf has traded up 2.7% against the U.S. dollar. One aelf token can now be bought for $0.40 or 0.00000640 BTC on major exchanges. aelf has a market capitalization of $291.28 million and $22.73 million worth of aelf was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.16 or 0.00000262 BTC.
• Tezos (XTZ) traded down 1.4% against the dollar and now trades at $0.70 or 0.00001132 BTC.
• Terra Classic (LUNC) traded up 0.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.4% against the dollar and now trades at $0.38 or 0.00000606 BTC.
• GXChain (GXC) traded 5.7% lower against the dollar and now trades at $0.37 or 0.00000597 BTC.
• Adshares (ADS) traded down 3.1% against the dollar and now trades at $0.22 or 0.00000361 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About aelf

aelf (ELF) uses the hashing algorithm. It launched on December 18th, 2017. aelf’s total supply is 1,000,000,000 tokens and its circulating supply is 732,490,746 tokens. aelf’s official website is aelf.com. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The official message board for aelf is blog.aelf.com. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here.

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 possible to purchase alternative cryptocurrencies such as aelf directly using US dollars. Investors seeking to trade aelf should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX 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