MultiversX (EGLD), also known as Electronic Gold, is the native cryptocurrency of the MultiversX blockchain network. This network is designed to power the metaverse frontier, offering a high-throughput blockchain capable of handling massive user adoption ¹.$EGLD
*Key Features:*
- _Adaptive State Sharding_: Real-time splitting and merging of shards to adjust network capacity ¹
- _Secure Proof of Stake ("SPoS") consensus mechanism_: Elects different validators within each shard in every validation round ¹
- _Elrond Virtual Machine (EVM)_: A dedicated smart contract execution engine built on WASM ¹
*Current Stats:*
Market capitalization: $811,959,147 ²
Circulating supply: 27,355,463 EGLD ²
Total supply: 27,447,140 EGLD ²
Max supply: 31,415,926 EGLD ²
*Price Performance:*
All-time high: $545.64 (Nov 23, 2021) ¹
All-time low: $6.51 (Oct 07, 2020) ¹
Current price: $29.70 ³
*Exchanges and Wallets:*
Available on Binance, Coinbase, and other centralized crypto exchanges ³
Compatible with MetaMask, Ledger Live, and Trezor wallets ²
*Use Cases:*
Staking and validation rewards
Governance voting
Smart contract execution
Decentralized finance (DeFi) applications
Would you like to know more about MultiversX or its potential use cases?
