Elrond
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$EGLD (Elrond) deserves attention at this point. It's on the verge of breaking out from a Falling Wedge pattern, potentially making it an attractive choice for midterm trading.
#cryptocurrency #Elrond #Binance #ETH $ETH #crypto2023 $BNB
@BreakOut_Expert
#cryptocurrency #Elrond #Binance #ETH $ETH #crypto2023 $BNB
@BreakOut_Expert
đïž Beniamin Mincu reveals a series of critical updates, upcoming milestones, and strategies designed to further accelerate MultiversXâs growth.
With #Elrond , Beniamin is trying to accelerate the advent of an open financial system, without permission and accessible worldwide.
#keepposting #KeepBulding #MultiversX #BNB
With #Elrond , Beniamin is trying to accelerate the advent of an open financial system, without permission and accessible worldwide.
#keepposting #KeepBulding #MultiversX #BNB
MultiversX (EGLD)Introduces On-Chain 2FA Anti-Scam Solution.
MultiversX, formerly known as Elrond, has introduced Guardians, an on-chain two-factor authentication (2FA) security standard to combat crypto scams and theft. Users can leverage popular 2FA methods like Microsoft or Google Authenticator and assign a guardian to their accounts for added security. Guardians undergo thorough testing to ensure strong protection against scams and theft of funds. By establishing a guardian address during the registration process, users enable 2FA-controlled signatures, requiring both their own and the guardian's signatures for transactions. This innovative feature aims to address vulnerabilities in the cryptocurrency landscape, offering users an additional layer of security and control over their funds.
#Elrond
MultiversX, formerly known as Elrond, has introduced Guardians, an on-chain two-factor authentication (2FA) security standard to combat crypto scams and theft. Users can leverage popular 2FA methods like Microsoft or Google Authenticator and assign a guardian to their accounts for added security. Guardians undergo thorough testing to ensure strong protection against scams and theft of funds. By establishing a guardian address during the registration process, users enable 2FA-controlled signatures, requiring both their own and the guardian's signatures for transactions. This innovative feature aims to address vulnerabilities in the cryptocurrency landscape, offering users an additional layer of security and control over their funds.
#Elrond
âĄ#MultiversX has announced that Maiar transforms into xPortal.
Set for launch on February 28th, xPortal aims to be the go-to Web3 super app and the ultimate gateway to the Multiverse.
#crypto2023 #Elrond #BNB
Set for launch on February 28th, xPortal aims to be the go-to Web3 super app and the ultimate gateway to the Multiverse.
#crypto2023 #Elrond #BNB
EGLD: Launching Like a MultiversX Marvel
In the cosmic expanse of crypto, where projects vie for dominance, EGLD, the native coin of MultiversX (formerly Elrond), is making a meteoric rise. This ain't your grandpa's blockchain; MultiversX boasts blazing-fast speeds, rock-solid security, and the scalability to host a digital renaissance. Buckle up, cosmonaut, because EGLD is blasting off!
From Byzantine Catacombs to User-Friendly Frontiers:
Byzantine Fault Tolerance (BFT) â sounds like a medieval torture device, right? It's actually a complex security protocol that plagued older blockchains. MultiversX transcends this labyrinth with its Secure Proof of Stake (SPoS) system, ensuring transactions are secure and lightning-fast.
Sharding the Complexity, Uniting the Power:
Imagine a massive library, but instead of lost souls wandering the stacks, transactions zip through a network of "shards." This innovative approach allows MultiversX to process a mind-blowing number of transactions per second, leaving sluggish competitors in the dust.
A Gateway to a MultiversX of Possibility:
Forget interplanetary travel; MultiversX offers inter-blockchain teleportation! Its bridges seamlessly connect to other blockchains, fostering a diverse and dynamic ecosystem where innovation can truly flourish.
EGLD: The Fuel for the MultiversX Machine:
EGLD is the lifeblood of the MultiversX network. It powers transactions, incentivizes validators, and grants governance rights. As the MultiversX universe expands, the value of EGLD is poised to follow a similar trajectory.
Join the MultiversX Mission!
EGLD isn't just a coin; it's a passport to a future built on decentralization, security, and limitless potential. Dive into the MultiversX and discover a world of opportunity waiting to be explored.
#EGLD #MultiversX #Elrond #EGLDUSDT #TrendingTopic
P.S. While spaceships aren't included, following for insightful crypto content is free!
In the cosmic expanse of crypto, where projects vie for dominance, EGLD, the native coin of MultiversX (formerly Elrond), is making a meteoric rise. This ain't your grandpa's blockchain; MultiversX boasts blazing-fast speeds, rock-solid security, and the scalability to host a digital renaissance. Buckle up, cosmonaut, because EGLD is blasting off!
From Byzantine Catacombs to User-Friendly Frontiers:
Byzantine Fault Tolerance (BFT) â sounds like a medieval torture device, right? It's actually a complex security protocol that plagued older blockchains. MultiversX transcends this labyrinth with its Secure Proof of Stake (SPoS) system, ensuring transactions are secure and lightning-fast.
Sharding the Complexity, Uniting the Power:
Imagine a massive library, but instead of lost souls wandering the stacks, transactions zip through a network of "shards." This innovative approach allows MultiversX to process a mind-blowing number of transactions per second, leaving sluggish competitors in the dust.
A Gateway to a MultiversX of Possibility:
Forget interplanetary travel; MultiversX offers inter-blockchain teleportation! Its bridges seamlessly connect to other blockchains, fostering a diverse and dynamic ecosystem where innovation can truly flourish.
EGLD: The Fuel for the MultiversX Machine:
EGLD is the lifeblood of the MultiversX network. It powers transactions, incentivizes validators, and grants governance rights. As the MultiversX universe expands, the value of EGLD is poised to follow a similar trajectory.
Join the MultiversX Mission!
EGLD isn't just a coin; it's a passport to a future built on decentralization, security, and limitless potential. Dive into the MultiversX and discover a world of opportunity waiting to be explored.
#EGLD #MultiversX #Elrond #EGLDUSDT #TrendingTopic
P.S. While spaceships aren't included, following for insightful crypto content is free!
40 Percent Increase in a Single Day: MultiversX Price Prediction
coin (formerly Elrond) has followed a shallow but gradual decline over the past 16 months within a falling wedge formation, a classic configuration that often gives bullish signals in technical analysis. The price jumped from the upper bound four times and from the lower bound three times, confirming the importance of the formation in shaping market movements.
Today (November 6, 2023), the single-day 40 percent increase represented a significant breakout from this formation, heralding a shift in sentiment and pointing to a potential trend reversal for (MultiversX).
The MultiversX token price entered a recovery state in the fourth week of October, where the price rebounded from the low of $23.24. So far, the bullish rally has posted a 103 percent gain, with the price reaching the current trading price of $47.2.
The bulk of this rise was marked by a significant 40 percent jump in market valuation today, followed by a dominant bullish candlestick on the daily chart. The rise in question not only pierced the resistance of the permanent falling wedge formation, but also signaled a possible transition towards the bullish phase.
Currently, #EGLD price has encountered resistance at the psychological level of $50, which would be an expected result as short-term investors are likely to benefit from the profits. However, following the principles of the falling wedge, uptrends retesting the downslope trendline have become potential targets of the current recovery.
Therefore, if the buying continues, EGLD price is likely to reach $54, then $64, and then $70.
is a blockchain protocol that aims to deliver extremely fast transaction speeds using a method called sharding. It defines itself as a technology ecosystem for fintech, decentralized finance and the internet of things within the new world of the internet.
coin (formerly Elrond) has followed a shallow but gradual decline over the past 16 months within a falling wedge formation, a classic configuration that often gives bullish signals in technical analysis. The price jumped from the upper bound four times and from the lower bound three times, confirming the importance of the formation in shaping market movements.
Today (November 6, 2023), the single-day 40 percent increase represented a significant breakout from this formation, heralding a shift in sentiment and pointing to a potential trend reversal for (MultiversX).
The MultiversX token price entered a recovery state in the fourth week of October, where the price rebounded from the low of $23.24. So far, the bullish rally has posted a 103 percent gain, with the price reaching the current trading price of $47.2.
The bulk of this rise was marked by a significant 40 percent jump in market valuation today, followed by a dominant bullish candlestick on the daily chart. The rise in question not only pierced the resistance of the permanent falling wedge formation, but also signaled a possible transition towards the bullish phase.
Currently, #EGLD price has encountered resistance at the psychological level of $50, which would be an expected result as short-term investors are likely to benefit from the profits. However, following the principles of the falling wedge, uptrends retesting the downslope trendline have become potential targets of the current recovery.
Therefore, if the buying continues, EGLD price is likely to reach $54, then $64, and then $70.
is a blockchain protocol that aims to deliver extremely fast transaction speeds using a method called sharding. It defines itself as a technology ecosystem for fintech, decentralized finance and the internet of things within the new world of the internet.
It is a project that especially former social miners have made great efforts $EGLD . It is even the apple of some of our friends' eyes. Because they experienced the excitement of every development in #Elrond . This is why #SocialMining is important. You see the evolution of a project firsthand.
LIVEjiahjee
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Analyzing $EGLD by MultiversX: A High-Throughput Blockchain for the Future
Choosing a responsible and potentially rewarding investment in the crypto space can be challenging. With a focus on financial safety and technological promise, #MultiversX (formerly Elrond) and its native token eGold ($EGLD ) stand out. This high-throughput blockchain aims to support the burgeoning metaverse with unparalleled transaction speeds and innovative features.
Inspiration for Picking MultiversX ($EGLD)
MultiversX distinguishes itself with its technological advancements and robust ecosystem. In its early years, #DaoLabs played a crucial role in its development. With an aim to deliver 1000x throughput compared to existing blockchains, MultiversX positions itself as a key player in managing massive user adoption, essential for the metaverse and beyond. Elrond (now MultiversX) grew significantly through the input of #SocialMining , gaining substantial support from its community.
Origins and Product Technology
MultiversX was founded to address the scalability issues plaguing many blockchains. The network's innovative technologies include:
Adaptive State Sharding: This allows real-time adjustment of the network capacity, providing a flexible and efficient blockchain infrastructure.Secure Proof of Stake (SPoS): A consensus mechanism that enhances security and efficiency by rotating validators and maintaining decentralization.Elrond VM (EVM): A dedicated smart contract execution engine that supports multiple programming languages, increasing accessibility for developers.
These features collectively enable MultiversX to offer high throughput, low latency, and minimal fees, making it a versatile platform for various applications.
Background: Story and Team
MultiversX was founded by Beniamin Mincu, Lucian Mincu, and Lucian Todea. The team brings together experts in blockchain, security, and business. Their vision is to create a high-speed, secure blockchain that can handle real-world applications and user demand. The transition from Elrond to MultiversX reflects their broader ambition to support the metaverse and advanced digital ecosystems.
Purpose of the Coin's Use
$EGLD serves multiple critical functions within the MultiversX ecosystem:
Staking: Users can stake $EGLD to support network security and earn rewards.Governance: Token holders can participate in the governance process, influencing the future direction of the network.Transactions: $EGLD is used to pay for transactions and smart contract executions.Validator Rewards: Validators receive $EGLD for maintaining the network.
Relevance
Market Cap and Valuation:
Market Cap: $781,658,617Fully Diluted Valuation (FDV): $781,806,977
Circulating Supply:
27 Million EGLD tokens
Price Performance:
All-Time High: $545.64 (November 23, 2021)All-Time Low: $6.51 (October 7, 2020)Recent Price: Significantly higher than the all-time low, indicating substantial growth
Recent Listings:
Recently listed on Bit2Me, the largest exchange in Latin America
Recent Updates:
Sharding technology update to enhance scalability and performance$110K trading competition on BinanceTR, highlighting community support initiatives
Conclusion
MultiversX and its native token $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.
Inspiration for Picking MultiversX ($EGLD)
MultiversX distinguishes itself with its technological advancements and robust ecosystem. In its early years, #DaoLabs played a crucial role in its development. With an aim to deliver 1000x throughput compared to existing blockchains, MultiversX positions itself as a key player in managing massive user adoption, essential for the metaverse and beyond. Elrond (now MultiversX) grew significantly through the input of #SocialMining , gaining substantial support from its community.
Origins and Product Technology
MultiversX was founded to address the scalability issues plaguing many blockchains. The network's innovative technologies include:
Adaptive State Sharding: This allows real-time adjustment of the network capacity, providing a flexible and efficient blockchain infrastructure.Secure Proof of Stake (SPoS): A consensus mechanism that enhances security and efficiency by rotating validators and maintaining decentralization.Elrond VM (EVM): A dedicated smart contract execution engine that supports multiple programming languages, increasing accessibility for developers.
These features collectively enable MultiversX to offer high throughput, low latency, and minimal fees, making it a versatile platform for various applications.
Background: Story and Team
MultiversX was founded by Beniamin Mincu, Lucian Mincu, and Lucian Todea. The team brings together experts in blockchain, security, and business. Their vision is to create a high-speed, secure blockchain that can handle real-world applications and user demand. The transition from Elrond to MultiversX reflects their broader ambition to support the metaverse and advanced digital ecosystems.
Purpose of the Coin's Use
$EGLD serves multiple critical functions within the MultiversX ecosystem:
Staking: Users can stake $EGLD to support network security and earn rewards.Governance: Token holders can participate in the governance process, influencing the future direction of the network.Transactions: $EGLD is used to pay for transactions and smart contract executions.Validator Rewards: Validators receive $EGLD for maintaining the network.
Relevance
Market Cap and Valuation:
Market Cap: $781,658,617Fully Diluted Valuation (FDV): $781,806,977
Circulating Supply:
27 Million EGLD tokens
Price Performance:
All-Time High: $545.64 (November 23, 2021)All-Time Low: $6.51 (October 7, 2020)Recent Price: Significantly higher than the all-time low, indicating substantial growth
Recent Listings:
Recently listed on Bit2Me, the largest exchange in Latin America
Recent Updates:
Sharding technology update to enhance scalability and performance$110K trading competition on BinanceTR, highlighting community support initiatives
Conclusion
MultiversX and its native token $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.
