Elrond Price Prediction: Will EGLD Price Hit $500 by 2021?

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We will discuss about Elrond price prediction for 2021 and beyond. Also you will have a clear outlook whether EGLD Price will rise or crash.
Elrond is an eminent cryptocurrency project which is a highly scalable, fast, and secure blockchain platform for distributed applications. It relatively has a fast execution speed compared to other smart contracts platforms.

Do you know? Elrond intends to provide high network speeds which can process 10,000 to 15,000 transactions per second.

In this article, we will discuss thoroughly the Elrond price prediction for 2021 and beyond. Also, you will have a clear outlook on whether EGLD Price will rise or crash.

Overview

Cryptocurrency Elrond Token EGLD Price $ 135.8600 Market Cap $ 2,332,224,198.0000 Circulating Supply $ 17,179,742.0000 Trading Volume $ 459,353,761.0000 All Time High $ 214.1200 February 9, 2021 All Time Low $ 6.5100 October 7, 2020

What is Elrond?

Elrond is a highly scalable blockchain network powered by a Proof of Stake and adaptive sharding mechanism. The network's main aim is to eradicate some drawbacks found in earlier blockchain projects like full decentralization, cross-chain interoperability, robust security, and high scalability.

The project specifies itself as a technology ecosystem for the new internet including fintech and decentralized finance. Its native token eGold or EGLD is used for paying network fees and rewarding validators.

Elrond is found by Beniamin Mincu, Lucian Mincu and Lucian Todea.

Elrond Technical Analysis

2020

According to Coinmarketcap, Elrond entered the crypto space on 05 September 2020 with trading value $17.33.…
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