MultiversX price

$3.834
-- (--)
USD
Last updated on --.

About MultiversX

EGLD (MultiversX) is a next-generation blockchain platform designed for speed, security, and scalability. It uses advanced sharding technology to process transactions quickly and efficiently, making it ideal for decentralized applications (dApps) and real-world use cases like payments and DeFi. EGLD is the native cryptocurrency of the MultiversX ecosystem, used for staking, transactions, and governance. With a focus on user-friendly experiences and robust infrastructure, EGLD aims to bridge the gap between traditional finance and the decentralized future. Its innovative approach ensures long-term relevance, making it a compelling choice for new investors exploring blockchain technology.
AI insights
Layer 1
CertiK
Last audit: Aug 14, 2021, (UTC+8)

MultiversX’s recent prices

Past year
-76.85%
$16.56
3 months
-34.07%
$5.82
30 days
-9.24%
$4.22
7 days
-2.05%
$3.91

MultiversX performance

$3.834

MultiversX price today

MultiversX price today is $3.834, marking a +2.08% over the past 24 hours. On OKX, today’s MultiversX trading volume reached 1,713,940, worth over $6.57M.

$561.88

MultiversX all-time high

MultiversX achieved its all-time high price of $561.88 on Nov 23, 2021, (UTC+8). At today's price of $3.834, MultiversX price is now -99.32% lower than its historic high.

$3.834

MultiversX in USD

The current MultiversX to USD conversion rate is $3.834 per MultiversX.

Disclaimer

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Learn more about MultiversX (EGLD)

What's MultiversX?

MultiversX is a blockchain platform designed to enhance scalability and efficiency in decentralized applications. It aims to solve issues related to slow transaction speeds and high costs by utilizing advanced technology. Its primary use cases include facilitating secure and fast transactions, supporting smart contracts, and enabling developers to build decentralized applications with ease.

How does MultiversX work?

MultiversX operates on a unique blockchain architecture that employs a secure proof-of-stake consensus mechanism. It features adaptive state sharding, which allows the network to process multiple transactions simultaneously, enhancing scalability. The platform also supports smart contracts, enabling developers to create decentralized applications with improved efficiency and lower costs.

What's the total supply of MultiversX?

MultiversX has a total supply of 31,415,926 tokens. The circulating supply is subject to change based on network activity and tokenomics mechanisms. The platform employs a deflationary model, where tokens are periodically burned to reduce supply and maintain value. This mechanism helps stabilize the token's market presence.

What determines MultiversX's price?

The price of MultiversX is influenced by its utility in facilitating transactions and smart contracts, as well as overall network usage. Market sentiment, including investor interest and adoption rates, also plays a role. Regulatory changes and competition from other blockchain platforms can impact its value, but no predictions are made.

Pros and cons of MultiversX

- Pros: High scalability, efficient transaction processing, strong developer support. - Cons: Competition from established platforms, regulatory challenges, potential security risks.

How do I store my MultiversX?

Users can acquire MultiversX through exchanges like OKX, where it is supported. It can be used for transactions, smart contracts, and participating in network governance. Tokens should be stored in secure wallets, with private keys kept safe from phishing attacks. Availability may vary by jurisdiction, and users should comply with local regulations.

Guides

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MultiversX FAQ

MultiversX can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. MultiversX’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying MultiversX and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy MultiversX at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy MultiversX EGLD safely on a trusted exchange like OKX.
Currently, one MultiversX is worth $3.834. For answers and insight into MultiversX's price action, you're in the right place. Explore the latest MultiversX charts and trade responsibly with OKX.
To read this MultiversX price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, MultiversX’s price is updated in real-time on our MultiversX price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping MultiversX EGLD. Refer here for a more detailed guide.
Staking and earning rewards with MultiversX are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.

Elrond has a capped total supply of 31.4 million tokens and a circulating supply of 23.15 million. The remaining EGLD will be gradually released over the next ten years until it reaches its maximum supply.

Easily buy EGLD tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include EGLD/USDT and EGLD/USDC.

Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for EGLD with zero fees and no price slippage by using OKX Convert.

When buying EGLD or any other cryptocurrency, it is crucial to approach the decision thoughtfully. Consider personal financial circumstances, risk tolerance, and trading goals thoroughly. Conducting rigorous research, evaluating the project's fundamentals, analyzing market conditions, and seeking guidance from a financial advisor, if necessary, are recommended steps before making any trading decisions.

Market cap
$113.64M
Circulating supply
29.64M / 29.64M
All-time high
$561.88
24h volume
$6.57M
Rating
3.1 / 5
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