aelf (ELF) Market Cap Hits $391.74 Million

aelf (ELF) traded up 3.4% against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on May 21st. One aelf token can now be bought for $0.54 or 0.00000755 BTC on cryptocurrency exchanges. In the last seven days, aelf has traded up 4.6% against the US dollar. aelf has a total market capitalization of $391.74 million and approximately $18.04 million worth of aelf was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.12 or 0.00000174 BTC.
• Tezos (XTZ) traded 9.4% higher against the dollar and now trades at $1.00 or 0.00001397 BTC.
• Terra Classic (LUNC) traded 5.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 7.1% against the dollar and now trades at $0.61 or 0.00000855 BTC.
• GXChain (GXC) traded down 1.6% against the dollar and now trades at $0.40 or 0.00000558 BTC.
• Adshares (ADS) traded up 7.6% against the dollar and now trades at $0.40 or 0.00000558 BTC.
• BitShares (BTS) traded 4.9% higher against the dollar and now trades at $0.0032 or 0.00000004 BTC.

aelf Token Profile

ELF uses the hashing algorithm. It was first traded on December 18th, 2017. aelf’s total supply is 1,000,000,000 tokens and its circulating supply is 727,129,539 tokens. The official website for aelf is aelf.com. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The official message board for aelf is medium.com/@aelfblockchain. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here.

According to CryptoCompare, “aelf is an open-source blockchain network designed as a complete business solution that utilizes a structure of ‘one main chain + multiple side chains’ to enable effective resource isolation. It achieves high throughput through parallel processing and the AEDPoS consensus mechanism. aelf achieves efficient and secure communication between the main chain and all side chains, allowing direct interoperability between them. The ELF token is the aelf utility token, which is mined on the aelf mainnet explorer and was previously an ERC-20 token.”

aelf Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as aelf directly using US dollars. Investors seeking to trade aelf should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase aelf using one of the aforementioned exchanges.

ELF/USD price chart by TradingView