Elrond (EGLD) Tops 24 Hour Volume of $19.47 Million

Elrond (EGLD) traded up 6.3% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on May 4th. One Elrond coin can currently be bought for $41.86 or 0.00065128 BTC on exchanges. Elrond has a market cap of $1.13 billion and approximately $19.47 million worth of Elrond was traded on exchanges in the last day. Over the last seven days, Elrond has traded up 2.1% against the US dollar.

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

• KILT Protocol (KILT) traded 0.4% lower against the dollar and now trades at $0.30 or 0.00000464 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 1.6% against the dollar and now trades at $0.0101 or 0.00000016 BTC.

About Elrond

EGLD uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 26,899,500 coins and its circulating supply is 26,894,348 coins. Elrond’s official message board is multiversx.com/blog. The Reddit community for Elrond is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. The official website for Elrond 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.”

Buying and Selling Elrond

It is usually not possible to buy alternative cryptocurrencies such as Elrond directly using U.S. dollars. Investors seeking to trade Elrond should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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