aelf (ELF) Trading 4% Lower This Week

aelf (ELF) traded 1.4% lower against the US dollar during the 1-day period ending at 11:00 AM E.T. on February 9th. Over the last seven days, aelf has traded down 4% against the US dollar. One aelf coin can currently be purchased for $0.0805 or 0.00000116 BTC on popular cryptocurrency exchanges. aelf has a total market capitalization of $65.92 million and $2.93 million worth of aelf was traded on exchanges in the last day.

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

• TRON (TRX) traded 0.6% lower against the dollar and now trades at $0.28 or 0.00000399 BTC.
• Tezos (XTZ) traded 0.6% lower against the dollar and now trades at $0.41 or 0.00000593 BTC.
• Terra Classic (LUNC) traded down 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded 2.7% lower against the dollar and now trades at $0.0612 or 0.00000088 BTC.
• GXChain (GXC) traded 2.8% higher against the dollar and now trades at $0.37 or 0.00000530 BTC.
• Adshares (ADS) traded 1.2% lower against the dollar and now trades at $0.58 or 0.00000837 BTC.
• BitShares (BTS) traded up 1.3% against the dollar and now trades at $0.0011 or 0.00000002 BTC.

About aelf

aelf uses the hashing algorithm. It was first traded on December 18th, 2017. aelf’s total supply is 996,446,228 coins and its circulating supply is 818,697,085 coins. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. 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 message board is blog.aelf.com.

According to CryptoCompare, “aelf is an open-source blockchain network designed as a complete business solution. The structure of ‘one main chain + multiple side chains’ allows developers to independently deploy or run DApps (Distributed Applications) on individual side chains to achieve effective resource isolation.By adopting parallel processing and the unique AEDPoS consensus mechanism, aelf's technology made major breakthroughs in performance, achieving high throughput. Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains.ELF token is the aelf utility token, mined on the aelf mainnet explorer, previously an ERC-20 token.”

Buying and Selling aelf

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

ELF/USD price chart by TradingView