aelf Market Cap Reaches $69.12 Million (ELF)

aelf (ELF) traded 1.4% lower against the US dollar during the 1-day period ending at 11:00 AM ET on February 1st. During the last seven days, aelf has traded down 10.8% against the US dollar. aelf has a total market capitalization of $69.12 million and $6.57 million worth of aelf was traded on exchanges in the last 24 hours. One aelf coin can now be bought for approximately $0.0844 or 0.00000109 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.2% lower against the dollar and now trades at $0.28 or 0.00000368 BTC.
• Tezos (XTZ) traded 4.2% lower against the dollar and now trades at $0.46 or 0.00000591 BTC.
• Terra Classic (LUNC) traded up 4.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded down 0.7% against the dollar and now trades at $0.0677 or 0.00000088 BTC.
• GXChain (GXC) traded 6.6% lower against the dollar and now trades at $0.39 or 0.00000502 BTC.
• Adshares (ADS) traded down 4.7% against the dollar and now trades at $0.63 or 0.00000816 BTC.
• BitShares (BTS) traded up 0.4% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

aelf Coin Profile

ELF uses the hashing algorithm. It launched on December 18th, 2017. aelf’s total supply is 996,446,241 coins and its circulating supply is 818,622,401 coins. The official website for aelf is aelf.com. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. aelf’s official message board is blog.aelf.com.

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 currently possible to buy alternative cryptocurrencies such as aelf directly using US dollars. Investors seeking to acquire aelf should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy aelf using one of the aforementioned exchanges.

ELF/USD price chart by TradingView