Investors are increasingly optimistic about the prospects of the digital coins Fantom (FTM) and Elrond (EGLD), especially with the emergence of the Zig Network (ZIG) which could prove a game-changer in the sector. Many are showing great interest in MultiverseX (EGLD), with indicators suggesting a potential breakout is imminent. According to various price predictions, EGLD could even push toward a $30 mark, based on specific price movements and crucial hurdles it has encountered.
Meanwhile, gaming tokens are witnessing significant positive trajectories, with MultiversX among top performers. The coin has seen a rise due to key wallet integration. Among the noteworthy reasons for EGLD's bullish trend is its partnership with Google Cloud, which caused the EGLD token to rally significantly.
The continuing bullish trend pushed EGLD price to surge by 22%, making it achieve an impressive $1.1 billion market cap. Conversely, some altcoins, including EGLD, have seen downturns, and the L1 Elrond network experienced a breach resulting in a $1.65 million EGLD loss which might have caused a certain degree of skepticism among stakeholders. However, following the launch of its DeFi platform for the Metaverse, Elrond has rebranded as MultiversX and managed to recover by 14% in the recent week.
EGLD Coin News Analytics from Mon, 20 May 2019 07:00:00 GMT to Fri, 29 Nov 2024 08:00:00 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor -4