MultiversX Price Today
EGLD to USD
EGLD1
EGLD
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USD
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -5.99% | -13.25% | -0.84% | 59.03% | 90.10% | 73.26% |
Compare MultiversX with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -5.99% | -13.25% | -0.84% | 59.03% | 90.10% | 73.26% |
EGLD to USD
EGLD1
EGLD
=
USD
MultiversX Risk Analysis
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Has the price increased over the past year?
Price has decreased by -34.96% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
MultiversX is currently trading 37.45% above the 200-Day SMA which is $31.78.
Is MultiversX currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 50.01 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 17 which is 57%.
Is the total supply of MultiversX higher than the circulating supply?
Over 87.98% of the total supply is in circulation.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.08698 volume to market cap ratio. The current market cap is $1.28B while the 24-hour volume is $111.6M
MultiversX (EGLD) Markets
MultiversX Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
EGLD comes under the list of new-arrival cryptos. Hence, there is no Quarterly Return exist. | |||||
Introduction to MultiversX
Multiverse is a theoretical idea where it is believed that many parallel universes existed at the same time. In blockchain technology the concept of multiverse is used with an aim to build a network system that will be interconnected with each other in the blockchain platform. These platforms can communicate with each other, exchange data and assets seamlessly, and operate independently while being part of a larger ecosystem.
What is EGLD Coin?
EGLD coin is the native cryptocurrency of the Elrond blockchain network. Elrond is a rapid, reliable, and very adaptable blockchain platform. It is created specifically for decentralized applications and enterprise solutions. EGLD coin is used to pay for transaction fees on the Elrond network, participate in network governance, and reward validators who secure the network.
EGLD coin was launched in 2019 through an initial exchange offering (IEO) on the Binance Launchpad platform. In just 15 minutes the token was unexpectedly sold making $3.25 million. Since then, the EGLD coin has become one of the most popular and promising cryptocurrencies in the market.
The Technology Behind EGLD Coin
Elrond uses a novel consensus mechanism called Secure Proof of Stake (SPoS) to validate transactions and create new blocks. SPoS uses both the safety of Proof-of-Work and the effectiveness of Proof-of-Stake. It selects a group of authorizers to validate the transactions and gain the consent. Elrond also uses sharding, a technique that divides the blockchain into smaller partitions or shards, each with its own set of validators and consensus rules. Sharding allows Elrond to process thousands of transactions per second, reducing congestion and improving scalability.
Advantages of EGLD Coin
EGLD coin has several advantages over other cryptocurrencies, including:
1. Fast and Low-Cost Transactions
Thanks to the SPoS consensus mechanism and sharding, Elrond can process transactions faster and cheaper than other blockchain platforms. Users can send and receive EGLD coin and other tokens on the Elrond network in seconds, with minimal fees.
2. High Security and Decentralization
Latest cryptography technology, sharp contracts and a good network of authorizers are used by Elrond to guarantee the safety and decentralization of the network. The SPoS consensus mechanism is resistant to 51% attacks and other common forms of blockchain attacks, making Elrond one of the most secure blockchain platforms in the market.
3. Scalability and Interoperability
Elrond's sharding architecture allows the network to scale horizontally, adding more shards and validators as the demand for the network increases. The users can easily transfer the assets and data between the networks effortlessly with the help of Elrond's unique design which allows it to be interoperable with other blockchain platforms.
Potential Risks of Investing in EGLD Coin
Like any other cryptocurrency or investment, EGLD coin carries some risks, including:
1. Volatility and Market Risks
As with any other cryptocurrency, EGLD coin is subject to market risks and volatility. Due to factors like different market opinion, acquisition price, administrative charges, and competition from other cryptocurrencies the rate of EGLD coin may vary very quickly .
2. Technology and Network Risks
Although Elrond has a strong and innovative technology stack, it is still a relatively new blockchain platform compared to its peers. The safety and operations of the networks can be affected by threats like bugs or other technical problems. Additionally, if the adoption rate of Elrond does not meet expectations, the value of EGLD coin could be impacted.
The Future of EGLD Coin
The future of EGLD coin and Elrond looks promising. The team behind Elrond is continuously working on improving the technology and expanding the use cases of the network. Elrond has already established partnerships with several companies and institutions, including Samsung, Nash Exchange, and Binance.
What we know about blockchain technology and its future utilization can be completely changed with Elrond's prospect of a multiverse of interconnected blockchain platforms. EGLD coin could play a crucial role in this ecosystem, providing a fast, secure, and scalable means of exchange and value transfer.
How to Buy and Store EGLD Coin
Binance, Bitfinex, and Huobi are some of the cryptocurrencies which can be exchanged for the purchase of EGLD coin. Before buying EGLD coin, you should do your own research and consider your investment objectives, risk tolerance, and financial situation.
To store EGLD coins, you can use a compatible hardware wallet, such as Ledger or Trezor, or a software wallet, such as Elrond Wallet or Trust Wallet.
How Much is a One MultiversX Worth Now?
The current price of the MultiversX(EGLD) is $46.42, with a current market cap $1,283,043,599.59.
What is the MultiversX Max Supply?
The maximum supply of the MultiversX(EGLD) is around 31.42M.
What is the MultiversX Stock Symbol or Ticker?
EGLD is a ticker symbol of the MultiversX.
How Many EGLD Coins Are There in Circulation?
At the movement,27.64M MultiversX tokens are already in the market out of 27.7M EGLD.
How Can I Invest in MultiversX?
There are many options for buying crypto, and MultiversX can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy MultiversX. It's a quick, easy, and secure way to buy MultiversX(EGLD).
Is MultiversX a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for MultiversX?
MultiversX had an all-time low of $6.54.
What Was the Highest Price for MultiversX?
MultiversX had an all-time high of $542.58.
MultiversX Price Prediction
The current MultiversX price is $46.42. In the last 24 hours, MultiversX price has gone up by -13.25%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future MultiversX price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired MultiversX at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging EGLD against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, MultiversX can be earned or received in various ways. EGLD considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the EGLD, including EGLD to PHP, EGLD to INR, EGLD to NGN, EGLD to THB, EGLD to CAD, EGLD to PKR, EGLD to IDR , EGLD to EUR , EGLD to AUD , EGLD to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 EGLD is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like EGLD to BABYSHIRO, EGLD to SXCH, EGLD to SDM, EGLD to ARTY, EGLD to PEPE, EGLD to $RIF, EGLD to SUSHI, EGLD to XRP, EGLD to ETH, EGLD to SOL .
EGLD Price Current Data
MultiversX price today is $46.42 USD, which is Down by -13.25% over the last 24 hours. There has been an hourly Dip by -5.99%. MultiversX's market cap currently sits at $1,283,043,599.59 USD, holding up for a market cap rank at #91. The volume were at $111,595,450.50 USD MultiversX ranks no 91 in the market capitalization of MultiversX is at $1,283,043,599.59 and its volume for 24 hours is $111,595,450.50. MultiversX are under circulation, with total supply of 27.7M and the Maximum supply of 31.42M.
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EGLD Price Statistics
MultiversX Price Live
| EGLD Price | $46.42 |
| Percentage Change ( 24h ) | ▼13.25% $9.53 |
| 24h High / Low | $55.93 / $46.40 |
| Trading Volume 24h | $111,595,450.50 |
| Volume / Market Cap | 0.08698 |
| Market Dominance | 0.04% |
| Market Rank | 91 |
| Market Cap | $1,283,043,599.59 |
| Fully Diluted Market Cap | $1,458,321,481.13 |
| All Time High | $542.58 ▼91.44% |
| All Time Low | $6.54 ▲609.39% |
| Circulating Supply | 27,639,998 EGLD |
| Total Supply | 27,701,698 EGLD |
| Max Supply | 31,415,926 EGLD |