Elrond (EGLD) One Day Trading Volume Reaches $29.23 Million

Elrond (EGLD) traded 0.4% lower against the dollar during the one day period ending at 7:00 AM Eastern on February 10th. Elrond has a total market capitalization of $628.44 million and $29.23 million worth of Elrond was traded on exchanges in the last day. One Elrond coin can currently be purchased for approximately $22.52 or 0.00023094 BTC on popular exchanges. In the last seven days, Elrond has traded 1.9% higher against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

• GMX (GMX) traded up 0% against the dollar and now trades at $23.59 or 0.00024197 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 down 2.2% 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $97,421.63 or 0.99924614 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 9.3% against the dollar and now trades at $96,979.38 or 0.99471002 BTC.

About Elrond

EGLD uses the hashing algorithm. It launched on September 3rd, 2020. Elrond’s total supply is 27,911,742 coins. 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. Elrond’s official website is multiversx.com. The official message board for Elrond is multiversx.com/blog.

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 currently possible to buy alternative cryptocurrencies such as Elrond directly using US dollars. Investors seeking to acquire Elrond should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Elrond using one of the aforementioned exchanges.

EGLD/USD price chart by TradingView