Elrond 24 Hour Trading Volume Reaches $16.30 Million (EGLD)

Elrond (EGLD) traded up 0.3% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on November 4th. During the last week, Elrond has traded down 6.5% against the U.S. dollar. Elrond has a market cap of $607.69 million and approximately $16.30 million worth of Elrond was traded on exchanges in the last 24 hours. One Elrond coin can currently be purchased for about $22.03 or 0.00032554 BTC on major cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.2% 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $68,312.28 or 1.00926923 BTC.
• SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $68,142.90 or 1.00676677 BTC.

About Elrond

Elrond (EGLD) uses the hashing algorithm. Its launch date was September 3rd, 2020. Elrond’s total supply is 27,579,840 coins. The official website for Elrond is multiversx.com. Elrond’s official Twitter account is @multiversx and its Facebook page is accessible here. 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.

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 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Elrond using one of the exchanges listed above.

EGLD/USD price chart by TradingView