Elrond ERD (ERD) Market Capitalization Tops $261.61 Million

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Elrond ERD (CURRENCY:ERD) traded up 0.1% against the US dollar during the 1-day period ending at 14:00 PM E.T. on April 8th. During the last seven days, Elrond ERD has traded 0.8% lower against the US dollar. One Elrond ERD coin can now be purchased for $0.0195 or 0.00000191 BTC on major 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.

Here is how related cryptocurrencies have performed during the last day:

  • XRP (XRP) traded up 4.5% against the dollar and now trades at $0.98 or 0.00001697 BTC.
  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001730 BTC.
  • Polkadot (DOT) traded 2.8% higher against the dollar and now trades at $40.63 or 0.00070216 BTC.
  • Filecoin (FIL) traded 2.5% higher against the dollar and now trades at $153.01 or 0.00264425 BTC.
  • Klaytn (KLAY) traded up 3.5% against the dollar and now trades at $3.18 or 0.00005499 BTC.
  • Kusama (KSM) traded 4.7% higher against the dollar and now trades at $453.83 or 0.00784319 BTC.
  • Bitcoin BEP2 (BTCB) traded up 3.4% against the dollar and now trades at $57,889.96 or 1.00045766 BTC.
  • KnoxFS (old) (KFX) traded 4.3% higher against the dollar and now trades at $19.25 or 0.00049793 BTC.
  • THORChain (RUNE) traded up 9.4% against the dollar and now trades at $10.16 or 0.00017562 BTC.
  • Wrapped BNB (WBNB) traded up 8.1% against the dollar and now trades at $407.66 or 0.00704513 BTC.

Elrond ERD Profile

Elrond ERD’s launch date was 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 website is elrond.com. Elrond ERD’s official message board is medium.com/elrondnetwork. 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 Twitter account is @ElrondNetwork and its Facebook page is accessible 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)). “

Buying and Selling Elrond ERD

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

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