Elrond is therefore a competitor to more popular blockchains such as Ethereum and Solana.
Route by Elrond (EGLD): what is the current price?
Here is Elrond’s live course.
Today’s news from Elrond pr. 05/12/2022:
Elrond announced this week the rollout in collaboration with Anchain.AI of a platform that will enable organizations to avoid interactions with addresses marked for illegal activity, prevent fraudulent attempts and help with asset tracking and recovery distorted digitally.
The platform Used universal intelligence and blockchain technology to drive forensic and compliance capabilities of leading financial institutions. For Beniamin Michu, CEO of Elrond Network, this is a new crucial step in the integration of blockchain technology into the global financial system.
While the price of native cryptocurrency EGLD is currently around $ 78.39, it has the potential to climb up to $ 216 according to some analysts. Keep in mind that EGLD last November was over $ 490.
Prediction of the price of Read also: Solana (SOL) Opinion: Should you invest at the current price? Analysis, prediction and weekly news.‘Elrond medium term: After falling back to the level of August 2021, EGLD has become low enough for investments to benefit from the next upside in the cryptocurrency market.
Price prediction‘Elrond long term: EGLD has the same growth potential as ETH with a very experienced development team. As was the case with Ethereum, the long-term goal of $ 4000 is quite realistic.
Some DApps launched on Elrond
- May (exchange platform – D’EX)
- Aerovek (social and economic network for aviation)
- Bra Network (freelancing platform)
Our overall opinion on crypto (EGLD) for 2022
- Elrond Mirror Mag Global Rating: 8/10
68% of retail investor accounts lose money when trading CFDs with this provider. On the same topic: Crypto Ripple (XRP) Opinion: Is it time to invest at the current price? Analysis, prediction and weekly news. You need to ask yourself if you can afford to take the high risk of losing your money.
Opinion on the project Elrond
The speed of transaction processing at Elrond and the collaboration with other protocols make it a competitive blockchain for DApp development.
The EGLD / USD price is more or less stable with actionable chart patterns.
Elrond is still far from “killing” Ethereum, but it is one of them ethereum killers the most relevant.
To trade with this cryptocurrency, the eToro broker is the most suitable. In addition to buying tokens, this platform allows you to trade short-term crypto-CFDs without having to hold tokens.
- Step 1 : use the search bar on the eToro platform to find the cryptocurrency.
- Step 2 : then click “Invest” to enter the amount of cryptocurrency to buy and validate the transaction.
68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.
Buy it Elrond to invest
To invest in this cryptocurrency by holding them in a wallet, go to the Binance platform.
- Step 1 : go to the “Buy Cryptos” tab and then select the payment method of your choice.
- Step 2 : select the crypto to be purchased and proceed to secure payment. Thereafter, the cryptocurrencies will be credited to the dedicated wallet.
Useful resources to invest in Elrond (EGLD)
68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real cryptocurrencies, all orders are opened as CFDs.