MultiversX, also known as
Elrond (EGLD), has made several significant movements in the cryptocurrency market. It's forecasted to push for the $30 mark and some predictions extend to the years 2024-2030. Meanwhile,
EGLD and
BTC & ETH saw prices soar by 4%, even amid the market turbulence. Elrond, rebranded as
MultiversX, has shifted its focus towards the metaverse. The EGLD coin, now available to millions via
Revolut and with a Coinbase listing, is expanding its ecosystem. However, news reveals a cyber-attack on Elrond L1 Network with $1.65 million EGLD stolen. Despite these setbacks, it then joined
Chainlink data streams, making it potentially enhance its price.
EGLD introduced new technical features, recorded a rally hinting at a future jump, and became accepted by the Principality of Liechtenstein. Yet the coin also faced a bearish reversal around crucial support. But Elrond is still considered a good investment choice and among top gainers. Posts also highlight EGLD's utility in the
Maiar Wallet, though it was briefly offline due to a bug, and its potential for partnerships, as with Tencent for expanding their Web3 strategy. EGLD's market cap stands tall above $1 billion, piquing investor interest.
EGLD Coin News Analytics from Mon, 20 May 2019 07:00:00 GMT to Wed, 25 Sep 2024 12:18:05 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor -2