Elrond is therefore a competitor of more popular blockchains like Ethereum and Solana.
Course of Elrond (EGLD): what is the current price?
Here is Elrond’s live course.
Today’s news from Elrond as of 05/19/2022:
Elrond Network recently launched Egld.gg, its gaming guild, in order to bring together players and investors around gaming and cryptos. Members of this new forum will be entitled to benefits such as the ability to lend assets for games, exchange experiences and support each other.
For guild users, it is also a way to make friends around the same center of interest. Members will also be entitled to previews of the most popular games on the platform. Elrond finally offers new formulas such as an accelerated NFT loan commitment mechanism and meetings between players.
For the third quarter of 2022, Coinpedia sees EGLD break above the $291.57 mark ahead of a short-term pullback. On the downside, the asset might find support at $329.76. Considering the bullish and bearish targets, the average price could settle at $417.47.
Prediction of the price of Read also: Solana (SOL) Opinion: Should you invest at the current price? Analysis, prediction & weekly news.‘Elrond medium term : After falling back to August 2021 levels, the EGLD has become low enough for investment to take advantage of 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. Just as was the case with Ethereum, the long-term goal of $4000 is quite realistic.
Some DApps launched on Elrond
- Maiar (exchange platform – D’EX)
- Aerovek (social and economic network for aviation)
- Bh.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 subject : Crypto Ripple (XRP) Opinion: Is it time to invest at the current price? Analysis, prediction & 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 on Elrond and the collaboration with other protocols make it a competitive blockchain for DApp development.
Price Volatility Notice
EGLD/USD price is more or less stable with actionable chart patterns.
Conclusion – Should You Invest in Elrond Crypto? Where and how to buy it?
Conclusion of our review Elrond
Elrond is still a long way from “killing” Ethereum, but it is one of ethereum killers the most relevant.
Buy it Elrond (EGLD) to trade
To trade this cryptocurrency, the eToro broker is the most suitable. In addition to buying the tokens, this platform allows you to trade short-term crypto CFDs without having to hold the tokens.
- Step 1 : use the search bar of the eToro platform to find the cryptocurrency.
- 2nd step : then click on “Invest” to give the amount of cryptocurrency to buy and validate the transaction.
Read This article to find out how to buy cryptocurrency on eToro.
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 then choose the payment method of your choice.
- 2nd step : select the crypto to buy and proceed to secure payment. Then, the cryptocurrencies will be credited to the dedicated wallet.
Read This article to find out how to buy cryptocurrency on Binance.
Useful resources for investing in Elrond (EGLD)
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Alm Maye has been a trader and analyst since 2013. He is an expert in equity markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of feature articles on specialized sites such as Actions-boursieres.fr, as well as the international network of Finixio.com.