Elrond (EGLD) Hits 24-Hour Trading Volume of $26.91 Million

Elrond (EGLD) traded 5.4% higher against the dollar during the one day period ending at 19:00 PM ET on January 25th. During the last week, Elrond has traded up 10.6% against the dollar. One Elrond coin can currently be bought for about $43.56 or 0.00188453 BTC on major cryptocurrency exchanges. Elrond has a market cap of $1.08 billion and $26.91 million worth of Elrond was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded up 2.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded up 3.7% against the dollar and now trades at $0.0611 or 0.00000264 BTC.
• CareCoin (CARES) traded 3.7% higher against the dollar and now trades at $0.0759 or 0.00000328 BTC.
• OmniaVerse (OMNIA) traded 21% lower against the dollar and now trades at $0.0016 or 0.00000007 BTC.
• Kitty Inu (KITTY) traded 3.7% higher against the dollar and now trades at $93.95 or 0.00406323 BTC.
• Lunar (LNR) traded down 2.6% against the dollar and now trades at $0.0278 or 0.00000120 BTC.
• Hokkaidu Inu (HOKK) traded down 11.6% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded 3.7% higher against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
• 2G Carbon Coin (2GCC) traded up 0.3% against the dollar and now trades at $135.76 or 0.00587151 BTC.
• Lego Coin (LEGO) traded down 5.7% against the dollar and now trades at $0.0406 or 0.00000176 BTC.

About Elrond

Elrond (CRYPTO:EGLD) uses the hashing algorithm. Its launch date was September 3rd, 2020. Elrond’s total supply is 24,912,955 coins and its circulating supply is 24,740,623 coins. 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. 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, “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)).”

Buying and Selling Elrond

It is usually not currently 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Elrond using one of the exchanges listed above.