Elrond Trading 12% Lower This Week (EGLD)

Elrond (EGLD) traded 0.2% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on March 30th. Over the last week, Elrond has traded down 12% against the US dollar. Elrond has a market capitalization of $459.78 million and $15.37 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can now be purchased for $16.38 or 0.00019732 BTC on popular exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $82,897.80 or 0.99878851 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.9% lower against the dollar and now trades at $82,541.87 or 0.99450015 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Elrond Coin Profile

Elrond (CRYPTO:EGLD) uses the hashing algorithm. It launched on September 3rd, 2020. Elrond’s total supply is 28,074,461 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 website is multiversx.com. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here.

According to CryptoCompare, “Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design.Elrond (ERD) to Elrond (EGLD) swap:Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)).”

Elrond Coin Trading

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

EGLD/USD price chart by TradingView