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

Elrond ERD (CURRENCY:ERD) traded up 0.1% against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on April 21st. One Elrond ERD coin can currently be bought for $0.0195 or 0.00000191 BTC on popular exchanges. Elrond ERD has a market capitalization of $261.61 million and $2.38 million worth of Elrond ERD was traded on exchanges in the last day. Over the last seven days, Elrond ERD has traded 0.8% lower against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

  • XRP (XRP) traded down 5.9% against the dollar and now trades at $1.29 or 0.00002395 BTC.
  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00001856 BTC.
  • Polkadot (DOT) traded 3.2% lower against the dollar and now trades at $33.89 or 0.00062913 BTC.
  • Filecoin (FIL) traded 3.6% lower against the dollar and now trades at $148.14 or 0.00274997 BTC.
  • Klaytn (KLAY) traded down 4.9% against the dollar and now trades at $2.39 or 0.00004435 BTC.
  • Wrapped BNB (WBNB) traded up 1.4% against the dollar and now trades at $551.50 or 0.01023790 BTC.
  • THORChain (RUNE) traded 9.8% lower against the dollar and now trades at $13.15 or 0.00024405 BTC.
  • Kusama (KSM) traded 5.5% lower against the dollar and now trades at $350.89 or 0.00651392 BTC.
  • Bitcoin BEP2 (BTCB) traded 4.8% lower against the dollar and now trades at $53,849.61 or 0.99965340 BTC.
  • KnoxFS (old) (KFX) traded 4.3% higher against the dollar and now trades at $19.25 or 0.00049793 BTC.

Elrond ERD Profile

Elrond ERD was first traded 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. Elrond ERD’s official message board is medium.com/elrondnetwork. Elrond ERD’s official Twitter account is @ElrondNetwork and its Facebook page is accessible here. The official website for Elrond ERD is elrond.com. The Reddit community for Elrond ERD is https://reddit.com/r/elrondnetwork and the currency’s Github account can be viewed here.

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 presently possible to purchase alternative cryptocurrencies such as Elrond ERD directly using U.S. dollars. Investors seeking to acquire Elrond ERD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Elrond ERD using one of the aforementioned exchanges.

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