Elrond (EGLD) Reaches 24-Hour Trading Volume of $12.48 Million

Elrond (EGLD) traded 0.2% higher against the dollar during the 1 day period ending at 11:00 AM ET on May 26th. Elrond has a total market cap of $913.61 million and approximately $12.48 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can now be bought for $35.87 or 0.00133887 BTC on popular cryptocurrency exchanges. In the last week, Elrond has traded 2.9% lower against the dollar.

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

• KILT Protocol (KILT) traded up 0.9% against the dollar and now trades at $0.34 or 0.00001252 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• OmniaVerse (OMNIA) traded up 3.8% against the dollar and now trades at $0.0017 or 0.00000006 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 2.4% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Belrium (BEL) traded up 1.1% against the dollar and now trades at $2.56 or 0.00009568 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.

Elrond Coin Profile

EGLD uses the hashing algorithm. Its launch date was September 3rd, 2020. Elrond’s total supply is 25,472,279 coins and its circulating supply is 25,467,127 coins. 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. The official message board for Elrond is multiversx.com/blog. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible 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.”

Buying and Selling Elrond

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

EGLD/USD price chart by TradingView