Elrond (EGLD) Hits Self Reported Market Capitalization of $1.02 Billion

Elrond (EGLD) traded 6.8% lower against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on January 24th. Over the last week, Elrond has traded 1.2% lower against the U.S. dollar. One Elrond coin can currently be purchased for approximately $41.22 or 0.00182592 BTC on major exchanges. Elrond has a total market capitalization of $1.02 billion and $28.66 million worth of Elrond was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 4.3% against the dollar and now trades at $0.0590 or 0.00000261 BTC.
• CareCoin (CARES) traded 4.3% lower against the dollar and now trades at $0.0732 or 0.00000324 BTC.
• OmniaVerse (OMNIA) traded 43.4% lower against the dollar and now trades at $0.0020 or 0.00000009 BTC.
• Kitty Inu (KITTY) traded down 4.3% against the dollar and now trades at $90.62 or 0.00400651 BTC.
• Lunar (LNR) traded 5.1% higher against the dollar and now trades at $0.0286 or 0.00000127 BTC.
• Hokkaidu Inu (HOKK) traded 2.8% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded down 4.3% against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
• 2G Carbon Coin (2GCC) traded down 0.3% against the dollar and now trades at $135.02 or 0.00596925 BTC.
• Lego Coin (LEGO) traded 1.2% lower against the dollar and now trades at $0.0398 or 0.00000176 BTC.

Elrond Coin Profile

Elrond (EGLD) uses the hashing algorithm. It was first traded on September 3rd, 2020. Elrond’s total supply is 24,908,298 coins and its circulating supply is 24,735,966 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 message board is multiversx.com/blog. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. The official website for Elrond is multiversx.com.

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 acquire 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 exchanges listed above.