Elastic Price Up 24% Over Last Week (XEL)

Elastic (CURRENCY:XEL) traded 3.8% higher against the US dollar during the one day period ending at 14:00 PM ET on April 17th. One Elastic coin can currently be purchased for $0.34 or 0.00004155 BTC on popular exchanges including Heat Wallet and Bittrex. Elastic has a market capitalization of $30.70 million and approximately $136,753.00 worth of Elastic was traded on exchanges in the last 24 hours. In the last week, Elastic has traded up 24% against the US dollar.

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

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  • Electroneum (ETN) traded down 2.2% against the dollar and now trades at $0.0222 or 0.00000275 BTC.
  • Ripio Credit Network (RCN) traded 1.9% higher against the dollar and now trades at $0.12 or 0.00001472 BTC.
  • Nimiq (NET) traded 7.2% higher against the dollar and now trades at $1.95 or 0.00022623 BTC.
  • Bismuth (BIS) traded 0.8% lower against the dollar and now trades at $1.54 or 0.00019064 BTC.
  • Golos (GOLOS) traded up 2.3% against the dollar and now trades at $0.0817 or 0.00001011 BTC.
  • Vezt (VZT) traded up 42.4% against the dollar and now trades at $0.0959 or 0.00001186 BTC.
  • Woodcoin (LOG) traded 8.4% lower against the dollar and now trades at $0.13 or 0.00001616 BTC.
  • Bytecent (BYC) traded up 0.8% against the dollar and now trades at $0.49 or 0.00006100 BTC.
  • OctoCoin (888) traded up 22.2% against the dollar and now trades at $0.0038 or 0.00000047 BTC.
  • Veltor (VLT) traded up 1.9% against the dollar and now trades at $0.12 or 0.00001530 BTC.

About Elastic

Elastic uses the hashing algorithm. Its genesis date was June 8th, 2017. Elastic’s total supply is 100,000,000 coins and its circulating supply is 91,381,496 coins. The official website for Elastic is www.elastic.pw. The Reddit community for Elastic is /r/XEL and the currency’s Github account can be viewed here. Elastic’s official message board is talk.elasticexplorer.org. Elastic’s official Twitter account is @elastic_coin.

According to CryptoCompare, “Elastic is an open-source project that provides the infastructure for a decentralized supercomputer. r, designed to carry out arbitrary tasks over the internet. Those  who need  computational  resources, model their problem using Elastic’s programming language (Elastic PL) and broadcast it on the network, along with a certain amount of XEL coins. The Elastic miners are then motivated to offer their computational resources in exchange for a portion of those XEL coins. Elastic offers potential buyers a large parallel computation cluster composed of many CPUs and GPUs supplied by the miners. The network is  powered by its own PoW cryptocurrency (XEL) and provides a market-based mechanism to buy and sell computational resources. “

Elastic Coin Trading

Elastic can be bought or sold on these cryptocurrency exchanges: Bittrex and Heat Wallet. It is not presently possible to purchase Elastic directly using US dollars. Investors seeking to trade Elastic must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Elastic using one of the aforementioned exchanges.

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