Elrond (EGLD) Tops One Day Volume of $41.04 Million

Elrond (EGLD) traded 9.5% lower against the U.S. dollar during the 1-day period ending at 16:00 PM ET on June 18th. Elrond has a market capitalization of $772.19 million and $41.04 million worth of Elrond was traded on exchanges in the last 24 hours. In the last week, Elrond has traded 14.5% lower against the U.S. dollar. One Elrond coin can now be purchased for $28.52 or 0.00044292 BTC on exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 4.7% against the dollar and now trades at $0.21 or 0.00000327 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 down 2% against the dollar and now trades at $0.0102 or 0.00000016 BTC.

About Elrond

Elrond (EGLD) uses the hashing algorithm. It launched on September 3rd, 2020. Elrond’s total supply is 27,084,925 coins and its circulating supply is 27,079,773 coins. The official message board for Elrond is multiversx.com/blog. The Reddit community for Elrond is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. Elrond’s official website 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.”

Buying and Selling Elrond

It is usually not presently possible to buy alternative cryptocurrencies such as Elrond directly using US dollars. Investors seeking to trade 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 aforementioned exchanges.

EGLD/USD price chart by TradingView