what is egld cryptocurrency

Last Updated on May 15, 2022 by

Elrond (EGLD) Explained – The Balance

Elrond (EGLD) Explained – The Balance

Elrond (EGLD) is a cryptocurrency and blockchain platform designed to handle high volumes of transactions. The platform's EGLD currency is called eGold, and Elrond also supports decentralized applications through the use of smart contracts.

What is Elrond? (EGLD) – Kraken

What is Elrond? (EGLD) – Kraken

Elrond is powered by its native cryptocurrency, EGLD coin, which is used to interact with applications, send transactions, and incentivize actors supporting …

The Internet Scale Blockchain · Elrond eGold (EGLD)

The Internet Scale Blockchain · Elrond eGold (EGLD)

A highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy.‎Buy EGLD · ‎Technology · ‎Team · ‎Blog

Elrond Crypto Network, EGLD, and PoS Blockchains – Gemini

Elrond Crypto Network, EGLD, and PoS Blockchains – Gemini

Elrond Network (EGLD): An Internet Scale Blockchain … Elrond is a cheap, efficient, and scalable blockchain network that provides utility for dApp developers …

What is cryptocurrency Elrond (EGLD) and how does it work?

What is cryptocurrency Elrond (EGLD) and how does it work?

Elrond is a blockchain-based platform that allows users to create and develop decentralized applications and cryptocurrencies to create a new internet economy.

Elrond price today, EGLD to USD live, marketcap and chart

Elrond price today, EGLD to USD live, marketcap and chart

The live Elrond price today is $53.59 USD with a 24-hour trading volume of $47,052,079 USD. We update our EGLD to USD price in real-time. Elrond is up 2.24% in …

What is Elrond (EGLD) | What is Elrond coin | What is EGLD coin

What is Elrond (EGLD) | What is Elrond coin | What is EGLD coin

Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem …

Ethereum Classic (ETC), Elrond (EGLD), And Mushe (XMU)

Ethereum Classic (ETC), Elrond (EGLD), And Mushe (XMU)

Ethereum Classic (ETC), Elrond (EGLD) and Mushe (XMU) are high-potential tokens that any serious trader has to watch.

What is Elrond (EGLD)? – Liquid Blog

What is Elrond (EGLD)? – Liquid Blog

Elrond is a blockchain network combining Adaptive State Sharding and its unique Secure Proof of Stake (SPoS) consensus mechanism to offer an “internet-scale” …

What is EGLD crypto used for?

The Elrond Coin: eGold (eGLD) It is used as part of the platform governance mechanism, for staking and validator rewards, and as payment for transactions and smart contracts. Platform users and developers alike pay to use the Elrond Network with the eGLD coin, which serves as gas for the entire ecosystem.

Is EGLD crypto a good investment?

WalletInvestor describes the cryptocurrency as a “bad” long-term investment. It forecasts a continual climb for EGLD, which, it said, should drop to $4.25 by the end of 2022. Its Elrond price prediction for 2025 is for the coin to fluctuate around $1. Meanwhile, a gradual climb is expected by PricePrediction.

Does EGLD have a future?

Indeed yes. Since the currency is just a few years old, its performance will quite bullish, say at least for 5 years. The movement of EGLD can be tracked diligently. Investors are advised to do their own calculations following market predictions for crypto trading in EGLD and making financial decisions.

Is EGLD a coin or token?

Elrond's mainnet launched in July 2020, bringing the native EGLD coin into the market. The coin traded in a range roughly between $10 and $12 until 2021.

How does Elrond make money?

Start staking, earn rewards Elrond is running the energy efficient Secure Proof of Stake consensus mechanism. Validators and Delegators stake eGold to secure the network and earn rewards. The staking process is non-custodial, meaning you are always in control of your funds.

What is happening with Elrond?

Elrond Price Movement Elrond's price rose by 650% from only US$ 26.07 on 1st January 2021 to US$ 196.02 on 9 February 2021. Unfortunately, the price rally did not last long and the bearish market trend regained control. Elrond prices fell by as much as 44% down to US$ 109.75 on 23 February 2022.

Can Elrond beat ethereum?

Comparison with Ethereum is even more stunning: Ethereum is limited to 20 transactions per second, so Elrond is 10000 times faster.

How much will Elrond be worth?

Elrond's price today is US$61.28, with a 24-hour trading volume of $35.09 M. EGLD is -1.24% in the last 24 hours. It is currently -11.60% from its 7-day all-time high of $69.32, and 2.86% from its 7-day all-time low of $59.57. EGLD has a circulating supply of 23.01 M EGLD and a max supply of 31.42 M EGLD.

Is Elrond a good investment 2022?

Elrond (EGLD) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Elrond in the past few months, EGLD is considered a good investment in 2022.

How much can Elrond be worth?

Elrond's price today is US$61.74, with a 24-hour trading volume of $32.73 M.

How strong is Elrond?

#10 Elrond Elrond was one of the most powerful elves of the Third Age. His feats include leading armies of free people, driving off the Ringwraiths using a magical flood, and healing a wound caused by a Morgul blade thought to be incurable.

Who is behind Elrond?

Elrond was founded by Lucian Todea, Beniamin and Lucian Mincu in 2017 and is supported by Elrond Network, a company based in Malta dedicated to expanding the project. In June 2019, the project conducted a private investment round raising $1.9 million from several angel investors.

Can Elrond beat Ethereum?

Comparison with Ethereum is even more stunning: Ethereum is limited to 20 transactions per second, so Elrond is 10000 times faster.

What is happening to Elrond?

Elrond has launched Elrond go – a protocol testnet in June and is now ready to release its DeFi 2.0 to introduce a new staking feature called Staking v4. ELD has experienced a dramatic plunge with a 26% price drop from US$ 45.56 to US$ 57.56 in the past 48 hours on 21 June 2022.

Is Elrond on Ethereum?

Elrond has a running mainnet, Ethereum is in the final stages of the last testnet, Medalla, before Phase 0, beacon chain. Phase 1, sharding and Phase 2 state execution (ewasm) are to follow. The Elrond mainnet launched with 15,000 TPS capability, which can linearly scale when more shards are needed.

What will Elrond be worth in 2025?

The expectations for the long term, like in the Elrond (EGLD) price predictions for 2025, are that this coin will reach $750–$900 by this time.

How old is Elrond?

The First Age lasted 587 years, and the Second Age 3441 years. This means Elrond is roughly 6437 during The Hobbit and 6497 in The Lord of the Rings. And yet he doesn't look a day over 3000.

What happened to Elrond?

Three years later, at the approximate age of 6,520, Elrond left Middle-earth to go over the Sea with Gandalf, Galadriel, Frodo, and Bilbo, never to return. Tolkien said that "after the destruction of the Ruling Ring the Three Rings of the Eldar lost their virtue.

How many Elrond coins are there?

Like many cryptocurrencies, the supply of EGLD is limited, meaning that according to the software's rules there will only ever be 20 million EGLD.

How high will EGLD go?

The analysts from Digital Coin Price expect EGLD to close the annual trade for 2022, with a maximum price tag of $74.65.