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MultiversX Price

(EGLD)

THB(฿)

Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.

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MultiversX (EGLD) Live Price Chart

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    Note: This data is for reference only.
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    EGLD(EGLD) Profile

    altRank184
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    ATH
    ฿17,917.15
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    30,517,080
    Max Supply
    31,415,926

    About MultiversX

    • What Is MultiversX (EGLD) Crypto?

      MultiversX, formerly Elrond, is an innovative blockchain network that offers scalability, efficiency, and carbon neutrality. MultiversX is highly scalable, addressing one of the critical challenges in blockchain technology. It employs a Layer 1 sharding solution to enhance scalability, allowing users to perform transactions and run smart contracts more efficiently.

      The network is designed to be environmentally responsible and carbon-neutral, contributing to sustainability in the blockchain space. MultiversX shares common features with other blockchain networks, including support for smart contracts, transaction settlement, and token issuance.

      MultiversX is designed to be compatible with local government currencies and other cryptocurrencies, offering flexibility in its use. EGLD is the native crypto of the MultiversX network and functions as the digital currency, supporting dApps and transactions on the blockchain.

    • How Does MultiversX Network Work?

      MultiversX is a blockchain network designed to be highly scalable, secure, and decentralized. Here's an overview of how it works:

      Sharding Technology

      MultiversX utilizes sharding, a process that partitions the blockchain network into smaller fragments known as "shards." Sharding allows nodes within the network to process and confirm transactions independently on their respective shard, increasing the network's capacity to handle a higher volume of transactions and reducing transaction confirmation times.

      Secure Proof of Stake (SPoS)

      MultiversX employs a consensus mechanism called "Secure Proof of Stake" (SPoS). In SPoS, validators (node operators) are selected based on the number of coins they hold and are willing to "stake" as collateral. This mechanism promotes network security and ensures that validators have a vested interest in the network's well-being.

      Support for dApps

      MultiversX focuses on enabling decentralized applications (dApps) and enterprise solutions. It offers a platform for building and running applications on the blockchain, providing a wide range of use cases.

      Environmental Responsibility

      MultiversX also emphasizes being carbon neutral, contributing to environmental sustainability in the blockchain space.

    • History of MultiversX Blockchain and EGLD Coin

      MultiversX, previously known as Elrond (EGLD), is a blockchain network that focuses on scalability and efficiency. It was founded by Lucian Todea, Lucian Mincu, and Beniamin Mincu in 2017.

      From the outset, the founders prioritized scalability as a core aspect of the network. Elrond was designed to address the challenges of blockchain scalability and transaction speed.

      Elrond's mainnet was launched in July 2020, marking a significant milestone in the project's development. In Q2 2023, MultiversX will focus on transforming towards building the new internet economy with the digital metaspace frontier.

    FAQ

    Is MultiversX (EGLD) a Good Investment?

    Here are some reasons that make EGLD an attractive investment:

    Scalability and High Performance

    MultiversX is designed to be highly scalable, allowing it to handle a significant volume of transactions efficiently. Scalability is a critical feature in the blockchain space and can contribute to the network's adoption and potential for growth.

    Sharding technology enhances the network's performance by partitioning it into smaller fragments, allowing faster transaction processing and increased capacity.

    SPoS Consensus Mechanism

    MultiversX's SPoS consensus mechanism enhances security and encourages participation from coin holders, potentially making it more robust and secure.

    Commitment to Carbon Neutrality

    MultiversX's commitment to being carbon neutral aligns with the growing focus on environmental sustainability in the cryptocurrency industry.

    What Is MultiversX Price Prediction?

    While the volatile nature of the crypto market makes it impossible to provide a reliable EGLD price prediction, the following factors could help you understand the price action in MultiversX crypto:

    Level of Adoption of EGLD Crypto

    Wider adoption of EGLD in real-world applications and as a means of payment can boost the price of MultiversX crypto. Partnerships and integrations with businesses and platforms contribute to adoption, supporting the EGLD to USD price.

    Future Developments in the MultiversX Roadmap

    Achieving technical milestones, protocol upgrades, and improvements in the project can positively influence the MultiversX price.

    Investor Sentiment Toward Cryptos

    Investor sentiment and perception of the project can significantly impact the EGLD price. Positive news, partnerships, and developments can drive the eGold price up, while negative news can lead to declines in the MultiversX coin price.

    What Is EGLD Token Used for?

    eGold (EGLD) is the native cryptocurrency of the MultversX network and has the following use cases:

    Native Currency of MultiversX Blockchain

    EGLD is used for making transactions within the MultiversX network. It acts as a medium of exchange for value transfer, enabling users to send and receive funds.

    Staking EGLD

    EGLD can be staked to secure the network and earn rewards. Stakers lock up their tokens to support the blockchain's operations and, in return, receive staking rewards.

    Execute Smart Contracts

    The token can be utilized in executing smart contracts and dApps within the MultiversX ecosystem.

    Governance

    EGLD holders may participate in the governance of the MultiversX network. They can vote on proposals and decisions that affect the platform's development and future direction.

    Store of Value

    EGLD also serves as a store of value, allowing users to hold and preserve their assets in the form of cryptocurrency.

    Trade or HODL EGLD

    Trade MultiversX coin against other cryptos on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell EGLD or hold it long-term if you believe in the future potential of the MultiversX project. Remember to DYOR before entering any new trade in the crypto market.

    How to Stake EGLD on MultiversX

    Staking EGLD on MultiversX can be done through various methods, including Ledger Live and Trust Wallet. Here's a general overview of how to stake EGLD on MultiversX:

    Using Ledger Live

    1. Ensure you have EGLD tokens in your Ledger wallet. You can buy EGLD on KuCoin and transfer the tokens to your Ledger wallet.

    2. Stake EGLD on MultiversX by connecting your Ledger wallet to the platform. Detailed instructions can be found on the Ledger website.

    Using Trust Wallet

    1. Open your Trust Wallet.

    2. Add EGLD tokens to your wallet if you haven't already by buying MultiversX tokens on KuCoin.

    3. Search for "Elrond eGLD" within the Trust Wallet.

    4. Follow the staking instructions in your Trust Wallet to stake your EGLD on MultiversX.

    Difference Between Elrond and MultiversX

    Elrond and MultiversX represent the same blockchain project but underwent a rebranding and shift in focus. Here are the key differences between the two:

    Rebranding: Elrond vs. MultiversX

    Elrond was the original name of the blockchain project, and it gained recognition for its innovative technology. However, in November 2022, Elrond rebranded itself as MultiversX to signify a strategic shift towards the metaverse and other innovative applications in the blockchain space.

    Shifting Focus to Metaverse

    Elrond initially focused on providing a high-performance blockchain infrastructure. In contrast, MultiversX emerged with an emphasis on exploring the potential of the metaverse and extending its capabilities to support this new digital frontier.

    Technological Evolution

    Despite the rebranding, the fundamental technology and innovations developed during the Elrond phase continue to form the core of MultiversX. This includes features like Adaptive State Sharding for faster and cheaper transactions.

    While Elrond laid the technological foundation, MultiversX's rebranding reflects its commitment to exploring the possibilities of the metaverse and evolving within the crypto space.

    What is the all-time high price of MultiversX (EGLD)?

    The all-time high price of MultiversX (EGLD) is ฿17,917.15. The current price of EGLD is down -- from its all-time high.

    How much MultiversX (EGLD) is there in circulation?

    As of 8 8, 2026, there is currently 30,517,080 EGLD in circulation. EGLD has a maximum supply of 31,415,926.

    How do I store MultiversX (EGLD)?

    You can store your MultiversX in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your EGLD include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.