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MultiversX Price
MultiversX price

MultiversX Price(EGLD)

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EGLD
1 EGLD =
USD $61.04
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Last updated 2024/03/28 05:45 (UTC)
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$ 61.04
-0.16%
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Page last updated: 2024-03-28 17:45 (UTC+0)
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Price of EGLD today

The live price of MultiversX is $ 61.04 per (EGLD / USD) with a current market cap of $ 1.63B USD. 24-hour trading volume is $ 33.24M USD. EGLD to USD price is updated in real-time. MultiversX is -0.16% in the last 24 hours with a circulating supply of 26.75M.
EGLD Price History USD
Date ComparisonAmount Change% Change
Today$ -0.094962-0.16%
30 Days$ 1.707569+2.88%
60 Days$ 7.918702+14.91%
90 Days$ -7.538356-10.99%

EGLD Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 59.42
High: $ 61.69
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 542.58
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.13%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-0.16%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.91%
The percent change in trading volume for this asset compared to 7 days ago.

EGLD Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#70
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 1.63B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 33.24M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
26.75M
85.13%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
31.42M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 1.92B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About MultiversX (EGLD)

MultiversX is a blockchain-based protocol aiming to achieve comprehensive scalability through employing the full spectrum of sharding techniques - Network, Transaction, and State. According to the team, MultiversX positions itself as a versatile technological framework for the next generation internet, encompassing decentralized finance, tangible assets, and the Metaverse domain. The platform for executing smart contracts is said to have the capacity for processing up to 100,000 transactions every second, complemented by minimal latency and comparatively lower transaction fees.

MultiversX optimizes transaction speeds and scalability through Adaptive State Sharding. This method enables parallel processing to handle an increasing volume of transactions efficiently. It employs a modified proof-of-stake protocol to ensure seamless connectivity across the network's divided segments, fostering a unified environment for dApp development. The network is segmented into four shards: three execution shards processing up to 30,000 transactions per second each, and a Metachain shard that coordinates and finalizes transactions. This structure enhances communication and network efficiency, supporting the platform's expansive transactional capacity.

EGLD, the native token of MultiversX, is used for governance, security, payments, and voting on network decisions, also enabling the deployment of smart contracts and dApps. The live price of EGLD is updated and available in real time on Binance.

People Also Ask: Other Questions About MultiversX

  1. What is EGLD Token Used For?

    MultiversX native token is called EGLD. This token is used for network operations, as a mode of exchange, and also handles transaction fees. It permits the deployment of smart contracts, protocols, and dApps, empowers network actions, and through staking and transaction fees, maintains the network. Simultaneously, EGLD serves as a governance token allowing holders to participate in decision-making processes.

  2. How does MultiversX Work?

    According to the MultiversX crypto team, the project implements three types of parallelization: state, transactions, and network, using the parallel processing method to speed up the time and increase the number of transactions.

    MultiversX uses Adaptive State Sharding to scale while sharing infrastructure to support a growing number of applications/transactions on the ledger. A variation of the traditional PoS operational protocol guarantees the connection to the platform of all sections of the network, separated during sharding. Hence, the integrated environment is involved in the development of dApps, which are imitations of products and services.

    MultiversX combines three sharding methods to create its own unique adaptive one. It divides the network into four shards: three being execution shards that process transactions, validating 30,000 transactions per second, and Metachain is the fourth shard that coordinates and completes transactions.

    Sharding types include: State sharding where the history of the network, or state, is distributed across different sections of the network, or shards. Segments have their own ledger, nodes store the state of each segment; Transaction sharding where transactions are mapped to segments and processed, segments process transactions in parallel and nodes capture the state of the entire network; Network sharding where the nodes are grouped into segments and then processed. Network slicing contributes to optimizing communications.

  3. How Do Network Consensus and Validation Work On MultiversX?

    Through an adapted proof-of-stake mechanism, MultiversX achieves consensus, with validators playing a critical role in maintaining the network's integrity and performance.

  4. Who Is The Founder Of MultiversX?

    Elrond was founded in 2017 by COO Lucian Todea and brothers Beniamin and Lucian Mincu, who act as CEO and CIO, respectively. Todea is a relatively well-known tech entrepreneur and angel investor, while Beniamin Mincu is an early blockchain adopter and pioneer in Europe.

  5. What is the Maximum and Circulating Token Supply of MultiversX?

    The MultiversX economic model has a limited supply that starts at 20,000,000 EGLD, with new tokens minted to reward network validators. The maximum supply can never exceed 31,415,926 EGLD, but this number will decrease as more transactions are processed. At the time of writing the circulating supply is 26,693,126 EGLD tokens.

  6. What Makes MultiversX Different From Others?

    MultiversX is a scalable blockchain platform used for the current internet economy and decentralized applications. Notably, it features state, network, and transaction sharding, enhancing scalability. Its aim revolves around fortifying its ecosystem, with EGLD acting as a store-of-value asset. The network operates on 3,200 validator nodes divided into four shards (three execution, one coordination) and shows capacity for high processing speed. Developer support is also a focus, offering 30% smart contract fees as royalties.

     

  7. How To Buy EGLD?

    EGLD can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live EGLD price is updated in real time on Binance. Additional EGLD price and purchase information is available in our How to buy MultiversX (EGLD) Guide.

EGLD to Local Currency

FiatPriceOperation
1 EGLD to USD$ 61.04
1 EGLD to TRY$ 61.04
1 EGLD to RUB$ 61.04
1 EGLD to EUR$ 61.04
1 EGLD to AED$ 61.04
1 EGLD to AUD$ 61.04
1 EGLD to BRL$ 61.04
1 EGLD to VND$ 61.04
Last updated 2024/03/28 05:45 (UTC)

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