MultiVersX EGLD is a governance token associated with MultiVersX, a blockchain protocol that seeks to offer an extremely high transaction speed using sharding. The project describes itself as a technological ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contract execution platform is capable of executing 15,000 transactions per second, a latency of six seconds, and a transaction cost of $0.001
.
MultiVersX EGLD is used for minimum transaction fees and as a reward for validators of its blockchain network. Network validator nodes actively protect the MultiVersX network, validate network transactions,
and issue new EGLDs.
MultiVersX EGLD was first announced in August 2019, and its mainnet was put into operation in July 2020. Its native token is EGLD, which is used for minimum transaction fees and as a reward for the validators of its blockchain network. EGLD, or Electronic Gold, is the native token of Elrond, the original name of the project before being renamed to MultiVersX
.
When will it reach 1 dollar?
According to market data, the price of MultiVersX EGLD at the time of writing is around $2521.97. So, MultiVersX EGLD has already passed the value of 1 dollar a long time ago and is not likely to fall below that threshold
.
When will it reach 10 dollars?
MultiVersX EGLD reached $10 for the first time on November 15, 2018, the day it launched. Since then, the price of MultiVersX EGLD has fluctuated between 10 and 83 dollars, showing strong volatility but also an upward trend. According to some forecasts, the price of MultiVersX EGLD could reach 10 dollars by 2024 or 2025
.
When will it reach 100 dollars?
MultiVersX EGLD reached $100 for the first time on December 12, 2017, during the cryptocurrency boom of 2017. Since then, the price of MultiVersX EGLD has fluctuated between 100 and 1,000 dollars, showing some stability but also a gradual growth. According to some forecasts, the price of MultiVersX EGLD could reach 100 dollars by 2026 or 2027
.
When will it reach 1000 dollars?
To reach 1000 dollars, MultiVersX EGLD will have to increase by about 1.95 times, obtaining a market capitalization of about 2.1 billion dollars. This is possible, but it requires high demand and adoption from users and developers. According to some forecasts, the price of MultiVersX EGLD could reach 1000 dollars by 2028 or 2029
.
Is it considered a good investment?
MultiVersX EGLD is considered a good investment by some experts and analysts, who see its potential to bring innovation and scalability to the cryptocurrency sector. MultiVersX EGLD offers advantages such as security, stability, affordability and compatibility with the world’s most popular and established blockchains
.
However, MultiVersX EGLD also has risks and challenges to face, such as competition from other blockchain platforms, uncertain regulation, market volatility, and dependence on the Bitcoin price and network. Therefore, before investing in MultiVersX EGLD, it is advisable to do extensive research, evaluate your objectives and risk tolerance, and diversify
your portfolio.
Table with price forecasts from 2024 to 2030
Here is a table summarizing MultiVersx EGLD’s price forecasts from 2024 to 2030, based on different sources:
| Anno | Price Prediction (USD) |
|---|---|
| 2024 | 10.00 — 12.00 |
| 2025 | 3:00 p.m. — 6:00 p.m. |
| 2026 | 20.00 — 25.00 |
| 2027 | 30.00 — 40.00 |
| 2028 | 50.00 — 60.00 |
| 2029 | 70.00 — 80.00 |
| 2030 | 90.00 — 100.00 |
Frequently Asked Questions
Where can I buy MultiVersX (Elrond)?
You can buy MultiVersX (Elrond) on different cryptocurrency exchange platforms such as AscendEX, BIB, Bibox, Bilaxy, and Tapbit. Currently, EGLD is listed on 52 exchanges, with AscendEX proving to be the most popular platform for
EGLD.
What is the best platform to buy MultiVersX (Elrond)?
At the moment, the best platform to buy MultiVersX (Elrond) is Binance, which recorded an EGLD trading volume of $7.75 million in the last 24 hours. However, you also have other options to choose from, such as KuCoin, Kraken, Bybit, OKX, and gate.io
.
Where can I buy MultiVersX (Elrond) using fiat currency?
You can buy MultiVersX (Elrond) with fiat currency on Kraken, one of the most established platforms in the cryptocurrency industry. Currently, Kraken offers the option of exchanging EGLD for Euros and US Dollars. You can make the purchase using a Visa or Mastercard card, or fund your account through a bank transfer or other
methods.
Where can I buy MultiVersX (Elrond) with USDT?
You can buy MultiVersX (Elrond) with USDT on the Binance cryptocurrency exchange platform. Binance managed an EGLD trading volume of $7.75 million in the last 24 hours. Binance also offers a wide selection of other cryptocurrencies, offering multiple trading options in addition to MultiVersX (
Elrond).
On which platform can I buy MultiVersX (Elrond) with a credit card?
Attention: The answer to this question is not available at this time.
What is the trading volume of MultiVersX (Elrond) over the last 24 hours?
The trading volume of MultiVersX (Elrond) in the last 24 hours is $71.86 million. EGLD is listed on 52 exchanges, with 108 trading pairs.
Which platform has the highest trading volume than MultiVersX (Elrond)?
At the moment, the most popular platform for MultiVersX (Elrond) exchanges is Binance, which has handled $7.75 million worth of EGLD trades in the last 24 hours.
What is the most popular trading pair for MultiVersX (Elrond)?
The most popular trading pair for MultiVersX (Elrond) is EGLD/USDT. Over the past 24 hours, this pair recorded a trading volume of $31.98 million across 52 different cryptocurrency platforms
.