Elrond Hits Self Reported Market Capitalization of $593.27 Million (EGLD)

Elrond (EGLD) traded 3.1% lower against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on March 6th. In the last seven days, Elrond has traded 5.3% lower against the U.S. dollar. Elrond has a market cap of $593.27 million and approximately $24.06 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can currently be bought for $21.19 or 0.00023520 BTC on major exchanges.

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

• Taiko (TAIKO) traded 0.1% higher against the dollar and now trades at $0.83 or 0.00000922 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $90,223.41 or 1.00127486 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% higher against the dollar and now trades at $89,844.66 or 0.99707159 BTC.

About Elrond

Elrond uses the hashing algorithm. Its genesis date was September 3rd, 2020. Elrond’s total supply is 27,993,209 coins. The official website for Elrond is multiversx.com. Elrond’s official message board is multiversx.com/blog. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. The Reddit community for Elrond is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here.

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.”

Elrond Coin Trading

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

EGLD/USD price chart by TradingView