aelf (ELF) One Day Volume Hits $16.16 Million

aelf (ELF) traded down 8.9% against the US dollar during the 24 hour period ending at 7:00 AM ET on October 2nd. aelf has a market capitalization of $271.29 million and $16.16 million worth of aelf was traded on exchanges in the last day. During the last week, aelf has traded down 6% against the US dollar. One aelf coin can currently be purchased for approximately $0.37 or 0.00000606 BTC on major cryptocurrency exchanges.

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

• TRON (TRX) traded down 2.1% against the dollar and now trades at $0.15 or 0.00000252 BTC.
• Tezos (XTZ) traded down 7.4% against the dollar and now trades at $0.66 or 0.00001084 BTC.
• Terra Classic (LUNC) traded 9.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 13.1% lower against the dollar and now trades at $0.38 or 0.00000617 BTC.
• GXChain (GXC) traded 1.3% lower against the dollar and now trades at $0.33 or 0.00000547 BTC.
• Adshares (ADS) traded 3.4% lower against the dollar and now trades at $0.20 or 0.00000333 BTC.
• BitShares (BTS) traded 3.5% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

About aelf

ELF uses the hashing algorithm. It launched on December 18th, 2017. aelf’s total supply is 1,000,000,000 coins and its circulating supply is 733,239,738 coins. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. The official message board for aelf is blog.aelf.com. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The official website for aelf is aelf.com.

According to CryptoCompare, “aelf is an open-source blockchain network designed as a complete business solution. The structure of ‘one main chain + multiple side chains’ allows developers to independently deploy or run DApps (Distributed Applications) on individual side chains to achieve effective resource isolation.By adopting parallel processing and the unique AEDPoS consensus mechanism, aelf's technology made major breakthroughs in performance, achieving high throughput. Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains.ELF token is the aelf utility token, mined on the aelf mainnet explorer, previously an ERC-20 token.”

Buying and Selling aelf

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

ELF/USD price chart by TradingView