
MultiversX EGLDPrice $ 14.27
Rank: 150
EGLD Price
MultiversX (EGLD) Chart
EGLD to USD Converter

IEO
10 Jul 2019 — 10 Jul 2019
Raised
$ 3.25M
Price:
$ 0.650
ROI:
21.95x +2,095%
Platform:
N/A
ATH ROI:
833.83x +83,283%
EGLD Price Statistics
Market Cap
$ 401.36M
FDV
$ 401.36M
ATH Market Cap
$ 10.90B
Vol. (24h) / MCap
0.0752
Max Supply
EGLD 31,415,926
Total Supply
EGLD 28,094,714
Circulating Supply
EGLD 28.09M
(89.4% of Max Supply)
IEO ROI
21.98x
IEO Price
$ 0.650
10 Jul 2019
All Time High
$ 541.99
23 Nov 2021
All Time Low
$ 6.49
7 Oct 2020
From ATH
From ATL










What is MultiversX (EGLD)?
MultiversX (formerly Elrond) is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.
The EGLD token is the centerpiece powering one of the most ambitious Metaverse ecosystems in the world, securing the network via staking, and enabling accessibility and value exchanges across all of its applications and worlds.
EGLD is MultiversX's native cryptocurrency, it is used to interact with applications, send transactions, and incentivize participants supporting the network.
What are EGLD key features and how does it work?
Unique to MultiversX are its sharding and proof-of-stake designs that are fundamental to the network’s ability to process about 12,500 transactions per second.
Adaptive State Sharding works by splitting the network into shards. This means that nodes are split into subsets and only process a fraction of the network’s transactions. Once transactions are processed, the shards send them to MultiversX’s central blockchain where they are finalized. In order to prevent any collusion, one-third of nodes validating transactions in each shard are swapped out to a new shard every 24 hours.
The MultiversX network uses Secure Proof-of-Stake (SPoS), similar to traditional PoS, to secure the network, validate transactions, and distribute newly minted EGLD coins. It is used because Elrond’s network consists of shards instead of a single chain, as such the mechanism selects validating nodes to produce blocks within a shard rather than the entire network.
To achieve finality, validators must check the work of block producers and sync with other shards within the network. Once a set of transactions are successfully added to the MultiversX's blockchain, EGLD tokens are rewarded to the contributors.
Developers can use the Elrond Integrated Development Environment to write and launch customizable programs. A variety of programming languages are compatible with the network and can be used to create custom smart contracts and design new dApps that offer a variety of products and services.
Also, MultiversX is hoping to deploy Elrond Standard Digital Tokens (ESDTs) which can be tokenized stablecoins, synthetic assets, and fiat currencies that run on top of the Elrond Network.
What can MultiversX be used for?
MultiversX developers are seeking to create a blockchain that is at the heart of a global, borderless and fully accessible digital economy. As such, the platform has a variety of use cases.
The Maiar mobile dApp is a prime example. It is a wallet that has a number of features that tie in with the broader goals of MultiversX. Maiar is an incredibly fast and privacy-focused browser. Users also have the ability to store, stake, send, and receive eGLD coins and also to purchase eGLD tokens right from the wallet using more than 150 different fiat currencies.
Also, MultiversX is compatible with NFTs and they are supported by its NFT framework called Smart Accounts. They allow users to store large amounts of information, for example, emails, bitcoin addresses, health data, proof of citizenship, directly in their MultiversX Network account. This opens up MultiversX to a multitude of different use cases across a variety of sectors.
Historical events:
In 2022 years, Elrond (EGLD) has been rebranded to MultiversX. More information: https://twitter.com/ElrondNetwork/status/1589595861461630977
MultiversX Price Today
MultiversX's current price is $ 14.27, it has dropped -7.29% over the past 24 hours.
MultiversX's All Time High (ATH) of $ 541.99 was reached on 23 Nov 2021, and is currently -97.4% down.
The current circulating supply of MultiversX is 28.09 Million coins, and the maximum supply of MultiversX is 31.42 Million.
MultiversX’s 24 hour trading volume is $ 30.58 Million.
MultiversX (EGLD) operates on its own blockchain.
MultiversX's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 400.79 Million.
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