Elrond Tops 24-Hour Trading Volume of $21.13 Million (EGLD)

Elrond (EGLD) traded 1.7% lower against the U.S. dollar during the one day period ending at 17:00 PM Eastern on May 7th. One Elrond coin can currently be purchased for $39.89 or 0.00063314 BTC on popular exchanges. During the last week, Elrond has traded 6.4% higher against the U.S. dollar. Elrond has a total market cap of $1.07 billion and approximately $21.13 million worth of Elrond was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.6% higher against the dollar and now trades at $0.30 or 0.00000482 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.1% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.

About Elrond

EGLD uses the hashing algorithm. It was first traded on September 3rd, 2020. Elrond’s total supply is 26,915,661 coins and its circulating supply is 26,910,509 coins. 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. 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.”

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 GDAX, Coinbase 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