aelf Hits Market Capitalization of $222.46 Million (ELF)

aelf (CURRENCY:ELF) traded up 9.4% against the US dollar during the 24 hour period ending at 12:00 PM ET on April 8th. One aelf coin can now be purchased for $0.41 or 0.00000707 BTC on major exchanges. aelf has a total market capitalization of $222.46 million and $38.10 million worth of aelf was traded on exchanges in the last 24 hours. During the last seven days, aelf has traded down 16% against the US dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Chainlink (LINK) traded 2.4% higher against the dollar and now trades at $32.62 or 0.00056416 BTC.
  • THETA (THETA) traded up 4% against the dollar and now trades at $13.07 or 0.00022608 BTC.
  • Solana (SOL) traded 0.9% lower against the dollar and now trades at $26.64 or 0.00046068 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Crypto.com Coin (CRO) traded up 6.7% against the dollar and now trades at $0.20 or 0.00000346 BTC.
  • Aave (AAVE) traded up 1.5% against the dollar and now trades at $367.56 or 0.00635607 BTC.
  • FTX Token (FTT) traded up 6.1% against the dollar and now trades at $48.43 or 0.00083742 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001731 BTC.
  • Holo (HOT) traded 7.2% higher against the dollar and now trades at $0.0231 or 0.00000040 BTC.

aelf Coin Profile

ELF is a distributed proof-of-stake (dPOS) coin that uses the ETH Token hashing algorithm. It was first traded on September 13th, 2017. aelf’s total supply is 880,000,000 coins and its circulating supply is 544,480,200 coins. aelf’s official website is aelf.io. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. aelf’s official message board 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. The structure of ‘one main chain + multiple side chains’ allows developers to independently deploy or run DApps (Distributed Applications) on individual side chains to achieve effective resource isolation. By adopting parallel processing and the unique AEDPoS consensus mechanism, aelf's technology made major breakthroughs in performance, achieving high throughput. Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains. ELF token is the aelf utility token, mined on the aelf mainnet explorer, previously an ERC-20 token. “

Buying and Selling aelf

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

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