multiversx (EGLD)
The EGLD token is a unit of value that is native to the Elrond network. It represents a medium of exchange between users & developers who pay to use the network and validators who take the fees as payment for the services they provide.
1. EGLD Basic Info
| Symbol | EGLD |
| Name | multiversx |
| Web Site | https://elrond.com |
| Wallet | -- |
| Source | -- |
| Explorer | https://explorer.multiversx.com/ |
| Forum | -- |
| Mining | |
| Supply | 31415926 |
| Available Supply | 28013400 |
| Market Cap | 507882942 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 31415926 |
| Release Date | 2019-07-05 |
2. EGLD Technical Info
2.1 EGLD Kline Chart Price
2.2 EGLD Technical Analysis
Short-term: The price is likely to experience a consolidation phase, with sideways movement within a defined range. Potential for a slight upward bias during this period.
Mid-term: A bearish trend is anticipated, with the price gradually declining. Resistance levels are expected to be tested before a potential further decline.
Long-term: Continued volatility is expected, but with a likely gradual decline. There is a possibility of brief periods of upward movement, but the overall trend favors further downward movement. Overall, the trend is bearish.