MultiversX (Elrond) (EGLD) Price Today

$9.5996

-1.55% (24 Hour)

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MultiversX (Elrond) Prices and Marketcap Comparison

Name	Price	24 hr	Market Cap	Circulating Supply
MultiversX (Elrond)	$9.5996	-1.55%	$275,715,855	28,721,559

MultiversX (Elrond) (EGLD) Price Statistics

Market Price
$9.5996
Price Change 1H
-0.17%
Price Change 24H
-1.55%
Price Change 7 Days
-9.35%
Price Change 30 Days
-27.2%
Market Cap
$275,715,855
24H Volume
$19,185,796
All Time High
$541
Total Supply
28,721,559
Circulating Supply
28,721,559
Max Supply
31,415,926
24H High
10
24H Low
10
7 Days High
10
7 Days Low
9
30 Days High
14
30 Days Low
9
90 Days High
17
90 Days Low
9

MultiversX (Elrond) (EGLD) Price is Down Today

Live Price of MultiversX (Elrond) (EGLD) is $ 9.5996 Today, with cryptocurrency’s 24-hour trading volume being $19,185,796. The coin has Surge -1.55% in the past 24 hours and MultiversX (Elrond) (EGLD) is currently trading between $9.80592659189 and $9.55706759796. MultiversX (Elrond) (EGLD)’s live market cap stands at $275,715,855.

MultiversX (Elrond) (EGLD)’s rank on Coingape Crypto Price Page: #226

MultiversX (Elrond) (EGLD) Circulation Supply: 28,721,559

MultiversX (Elrond) (EGLD) Maximum Supply: 31,415,926

EGLD Price History

From

Date	Open	High	Low	Close	Volume
22 Oct 25	$9.76	$9.81	$9.56	$9.57	19127955
21 Oct 25	$10.03	$10.38	$9.58	$9.75	19498091
20 Oct 25	$9.84	$10.28	$9.67	$10.02	16066758
19 Oct 25	$9.74	$10.01	$9.49	$9.84	14495307
18 Oct 25	$9.53	$9.89	$9.53	$9.74	11271114
17 Oct 25	$9.69	$9.74	$9.01	$9.53	25250126
16 Oct 25	$10.12	$10.35	$9.58	$9.70	23162953
15 Oct 25	$10.70	$10.97	$10.02	$10.12	16669231
14 Oct 25	$11.34	$11.36	$10.19	$10.70	27400889

Top Platforms to Buy MultiversX (Elrond)(EGLD)

MultiversX (Elrond)(EGLD) , the widely popular cryptocurrency, is bought by people to transact digitally. A few others, however, buy MultiversX (Elrond)(EGLD) for investment purposes. MultiversX (Elrond)(EGLD) can be bought on all the leading crypto exchanges. It can be stored in a crypto wallet for transactions or holding purposes. These platforms provide a variety of features and options to explore the world of cryptocurrencies.

Exchange Name	Pair	Price (USD)	24h Volume	Volume
binance	EGLD/USDT	$9.56	$1,694,687	0.01%	Buy
xt	EGLD/USDT	$9.56	$493,625	0.01%	Buy
okx	EGLD/USDT	$9.56	$77,755	0.00%	Buy
kucoin	EGLD/USDT	$9.57	$526,824	0.01%	Buy

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Global MultiversX (Elrond) Prices

1 EGLD to CNY

68.3665337747

1 EGLD to EUR

€

8.2758276748

1 EGLD to GBP

7.18271989423

1 EGLD to INR

₹

844.799670147

1 EGLD to JPY

1458.22952342

1 EGLD to USD

9.59961312586

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More on MultiversX (Elrond) (EGLD)

What is the trading volume of MultiversX (Elrond) (EGLD) in the past 24 hours ?

MultiversX (Elrond) (EGLD) is currently trading at $9.59961312586 today, with a 24-hour trading volume of $19,185,796. The trading volume of MultiversX (Elrond) (EGLD) in the past 24 hours provides insight into the total amount of a cryptocurrency traded on exchanges within 24 hours. It indicates market activity and liquidity.

What is the all-time high for MultiversX (Elrond) (EGLD) ?

The highest transaction price for MultiversX (Elrond) (EGLD) is $541, which was recorded on 2021-11-23. MultiversX (Elrond) (EGLD) is down -98.23% from its all-time high.

What is the Total supply of the MultiversX (Elrond) (EGLD) ?

The total supply of MultiversX (Elrond) (EGLD) stands at 28,721,559. However, MultiversX (Elrond) (EGLD)'s current circulation supply stands at 28,721,559.

How is the MultiversX (Elrond) (EGLD) doing against the crypto market?

Historically, MultiversX (Elrond) (EGLD)'s price has dictated the movements in the crypto market. However, in the past 24 hours, MultiversX (Elrond) (EGLD) is down by -1.55% .

What is Elrond?

The aspect of ultimate decentralization is what draws investors and traders to the world of cryptocurrencies. Other important factors are scalability and security, which allow users to work with a system that doesn’t get slowed down, hacked, etc. Elrond, which is now MultiversX, is a project aiming to achieve that.

Elrond is a cryptocurrency made on the abovementioned principles to be a secure, scalable, and ultimately decentralized project. Though it is rare to find any crypto that offers all three features, Elrond co-founders and brothers Beniamin and Lucian Mincu found the solution. This project is built to perform faster while being far more secure than its peers.

EGLD Price Trends

Elrond tokens were released under the ERD ticker during 2019, a year before their mainnet launch in July 2020. The development team issued ERD tokens on both the Binance DEX and Ethereum DEX blockchains.

2019 & 2020

In June 2019, its team announced a private round of investment that gained $1.9 million from investors like NGC Partners, Binance Labs, Electric Capital, Maven 11, etc. In total, the team sold 3.8 billion ERD tokens, which later amounted to 3.8 million EGLD each at $0.5.

Elrond held an initial exchange offering in July via Binance Launchpad, allocating 5 million EGLD value of $0.65 per token. Elrond Mainnet was launched the following year, bringing EGLD tokens to the market.The conversion took place at a rate of 1000:1. At that time, its value ranged between $10 and $12.

2021

Until 2021, Elrond price remained under $12. After that, as the broader crypto market saw an extraordinary bullish season, EGLD price levels touched $200 by February 2021. In April of the same year, the price of Elrond reached $240. But after that, EGLD faced resistance every time a breakout was due. In November, EGLD broke its record by reaching an all-time high value of $545.

2022

Like most of the popular altcoins, Elrond had a rough time in 2022. Prices did not sustain their high levels for very long as EGLD plummeted. Towards the beginning of the year, Elrond tokens were worth $213, which continued to sink. EGLD and other cryptos saw the worst turbulence unfold as bears took hold of the market.

By the end of 2022, EGLD had failed to recover its value and had been reduced to $44. During that time, EGLD took the 39^th place on the list of largest cryptos by market size at various crypto data sites.

How does Elrond (MultiversX) work?

The team behind Elrond has implemented three different types of segmentation to bring scalability, security, and decentralization. State, transactions, and network use a parallel processing methodology in Elrond’s blockchain that speeds it up and increases the number of transactions as well. EGLD utilizes a secure version of the proof-of-stake consensus mechanism.

Elrond is meant for providing high throughput and blazing-fast execution speed. It uses adaptive state sharding for scaling and a WebAssembly-based virtual machine. These aspects help the Elrond system to not only build, support, and execute dApps but also enable linear scalability.

The system is meant to help build decentralized apps (dApps) and even tokens using smart contracts and programs like sharding. Once a condition is met, Elrond automatically goes into execution mode. The system’s native token was previously egold, but it became Elrond (EGLD) later. Those who hold these tokens are the ones who can add blocks to the ledger.

Users earn the native token, EGLD, but it also supports trading, selling, and buying via crypto exchanges. This token is also responsible for implementing sharding, which helps in cutting down a blockchain so as to increase network scaling. The maximum supply of EGLD has been set at 31,415,926—the first eight digits of pi.

Elrond Key Events

Here is all that has happened during the lifecycle of Elrond up until now:

Beniamin and Lucian Mincu joined Lucian Todea to create Elrond as a solution to blockchain scalability limitations in late 2017.
The company launched a prototype of the original system in July 2018. The launch took place successfully using Amazon Web Services and reached 1,000 transactions per second.
In June 2019, the founding team of Elrond launched a private and then a public testnet release along with the IEO. During this time, EGLD secured millions from multiple investors, VCs, and angel investors.
Finally, in 2020, Elrond launched a mainnet that helped EGLD gain some traction in its value within the crypto market.
In 2021, EGLD boosted its performance and became one of the top altcoins that saw all-time high values. Throughout this year, EGLD saw a 650% increase in just 2 months.
During the third quarter of 2022, the Elrond team added on-chain governance. Around the same time, the project rebranded to MultiversX with a new logo. The rebranding came to the project with a new identity as it is now a metaverse-forward company.

EGLD Mining

Even after introducing a complete change in company goals, direction, and nature, MultiversX continues to use the EGLD tokens throughout the network. But as Elrond, the original project, uses Secure PoS, an improved version of PoS, it does not support mining.

Show Less

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MultiversX (Elrond) (EGLD) Frequently Asked Questions (FAQs)

1. How to buy Elrond?

EGLD is available to buy, sell, and even trade using popular crypto exchanges. Binance, Crypto.com, and OKEx are just a few top-tier crypto exchange platforms where buying EGLD is possible.

2. Who accepts EGLD?

The native token is meant to serve as a staking reward. So if someone builds a dApp, they will require EGLD. So it is safe to say that other than exchanges, the Elrond (now MultiversX) network accepts these tokens for transactions, governance, staking, and even smart contracts.

3. What is the current circulation of Elrond?

At the time of writing, the total circulation of MultiversX or Elrond is 23,920,062 EGLD.

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