Elrond ERD Hits Market Capitalization of $261.61 Million (ERD)

Elrond ERD (CURRENCY:ERD) traded flat against the US dollar during the 24-hour period ending at 23:00 PM Eastern on January 14th. Elrond ERD has a total market cap of $261.61 million and approximately $2.38 million worth of Elrond ERD was traded on exchanges in the last 24 hours. During the last seven days, Elrond ERD has traded flat against the US dollar. One Elrond ERD coin can now be bought for $0.0195 or 0.00000191 BTC on popular exchanges.

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

  • Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00002329 BTC.
  • XRP (XRP) traded 0.1% higher against the dollar and now trades at $0.77 or 0.00001800 BTC.
  • Polkadot (DOT) traded up 0% against the dollar and now trades at $27.43 or 0.00063867 BTC.
  • Shiba Inu (SHIB) traded 2.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $32.05 or 0.00074620 BTC.
  • Lido stETH (STETH) traded up 1.1% against the dollar and now trades at $3,303.59 or 0.07692044 BTC.
  • stETH (Lido) (STETH) traded flat against the dollar and now trades at $3,479.19 or 0.06807369 BTC.
  • Bitcoin BEP2 (BTCB) traded up 0.7% against the dollar and now trades at $42,924.95 or 0.99945913 BTC.
  • Toncoin (TONCOIN) traded 1.7% lower against the dollar and now trades at $3.69 or 0.00008582 BTC.
  • Filecoin (FIL) traded up 2.7% against the dollar and now trades at $29.68 or 0.00069109 BTC.

Elrond ERD Coin Profile

Elrond ERD launched on March 16th, 2019. Elrond ERD’s total supply is 20,000,000,000 coins and its circulating supply is 13,441,870,873 coins. The Reddit community for Elrond ERD is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here. Elrond ERD’s official website is elrond.com. Elrond ERD’s official Twitter account is @ElrondNetwork and its Facebook page is accessible here. Elrond ERD’s official message board is medium.com/elrondnetwork.

According to CryptoCompare, “Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design. Elrond (ERD) to Elrond (EGLD) swap: Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)). “

Elrond ERD Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Elrond ERD directly using US dollars. Investors seeking to acquire Elrond ERD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Elrond ERD using one of the exchanges listed above.

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