|24h Vol (Global)||USD|
Follow this real-time Elrond price chart to speculate on the price movements of the EGLD/USD pair. With this convenient live chart, you can view the current EGLD/USD price, analyze the price dynamics, trace historical EGLD to USD exchange rates, build your trading strategy, and trade Elrond with leverage on PrimeXBT.
Elrond is a public blockchain with smart contracts that allows developers to create decentralized applications (DApps), deploy nonfungible tokens (NFTs), and more. Using a consensus process termed secure proof-of-stake (SPoS) and sharding, the Elrond blockchain boasts great scalability while maintaining security. Elrond eGold is a cryptocurrency created using the blockchain (EGLD). The Elrond project began in 2018, with the mainnet set to open in mid-2020. The price of EGLD follows the same pattern as other cryptocurrencies, fluctuating in value against the US dollar (USD).
Elrond is employed in the platform's governance mechanism, as well as for staking, validator compensation, and transaction and smart contract payments. The eGLD token, which serves as the ecosystem's gas, is used by both platform users and developers to pay to access the Elrond Network. The coin is described as an "excellent" long-term investment by WalletInvestor. It predicts that EGLD will continue to rise and will be close to $400 by the end of 2022. The coin's Elrond price prediction for 2025 is that it will surpass $800. PricePrediction anticipates a modest rise as well.
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
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