As of November 5 2023, the price of MultiversX (EGLD) is known to have jumped significantly by 54.87% within 24 hours, recording its highest price at IDR 830,904. Not only that, with this price increase, MultiversX (EGLD) became the crypto asset that led another crypto rally today. What do you think was the factor behind the increase in EGLD prices today? Read more! EGLD Price Soars 104.16% in 1 MonthSource: Pintu MarketMeanwhile, according to the Pintu Market page on November 5 2023, the price of MultiversX (EGLD) was recorded to have skyrocketed 104.16% in thirty days or 1 month. EGLD touched its lowest price of IDR 354,541 and its highest price of IDR 772,563. On the other hand, data from CoinMarketCap (5/11/23) shows that MultiversX's market capitalization is experiencing an increase of 43.48% to $1.2 billion, with trading volume which also jumped 2386.84% to $714 million in the last 24 hours.Also read: Deutsche Telekom and MultiversX Unite, Taking the Web3 Revolution to the Next Level!Factors Behind the Rising Prices of EGLDmultiversx and google cloudSource: CointribuneAccording to the FX Empire report, a surge in interest in currencies AI-related cryptocurrencies likely contributed to the increase in EGLD prices. In October 2023, Google Cloud was known to have partnered with MultiversX (formerly Elrond) to increase Web3's presence. Google Cloud's BigQuery data warehouse has been integrated with MultiversX, which will help Web3 projects and users to gain valuable insights from the powerful data analysis and artificial intelligence tools in the Google Cloud ecosystem. Furthermore, MultiversX claims that the partnership between the two companies this has the potential to immediately streamline the implementation of large-scale, data-first blockchain projects. This will help developers easily access data about addresses, transacted amounts, smart contract interactions, and improved on-chain analytics, the company said.Google Cloud's involvement in the MultiversX network will enable ecosystem builders to use the advanced tools and services available on the platform to bring high performance and scalability to decentralized, non-blockchain application components