Market Cap: $3.3026T 0.250%
Volume(24h): $88.7887B 4.230%
  • Market Cap: $3.3026T 0.250%
  • Volume(24h): $88.7887B 4.230%
  • Fear & Greed Index:
  • Market Cap: $3.3026T 0.250%
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MultiversX
MultiversX EGLD
#121
$
%(1d)

15.70 USDT

8.80%(1d)

15.70 USDC

2.76%(1d)

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Price performance

Low

High

$

$

Buy / Sell

All-time High

$542.58

Nov 23, 2021

-97.21%(1d)

All-time Low

$6.54

Oct 07, 2020

131.48%(1d)

Volume(24h)

$11.24M

{{decimal(volume_24h_change,false,2)}}%(1d)

Turnover rate

2.62%

Market Cap

$428.6567M

FDV

$475.9M

Circulating supply

$28.3M

Total supply

$28.31M

Max supply

31.42M

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MultiversX Markets

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Exchange Pairs Price Volume (24h) Volume % Confidence Liquidity Score Earn
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Community sentiment

26%

74%

Bullish

Bearish

VorteXz⚡️🦍

Mar 16, 2025 at 12:58 am

READ MORE
VorteXz $EGLD BuyBack Program! Minted 15k $USH and swapped them for 802 $EGLD. This is a steal!

From Twitter

Daniel Veroc

Mar 11, 2025 at 02:04 am

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$EGLD will hit $10K+ per coin. 555.5x from today’s price. Say what you want about me or the team, but crypto is a joke now. Tech wins long-term. Those who hold like they did with Apple, Amazon, BTC, and ETH will make a fortune. Life-changing gains come from conviction, not hype.

From Twitter

Multiversᕽ

Mar 11, 2025 at 12:31 am

READ MORE
New trading pairs rolling out on for the ecosystem. Starting tomorrow, $EGLD & $UTK get a USDC pair. 🇪🇺 On a related note: USDt pairs will be unavailable for EEA users after March 31

From Twitter

VorteXz⚡️🦍

Mar 09, 2025 at 12:20 am

READ MORE
$EGLD Which way are we going? A or B ?

From Twitter

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MultiversX Markets

Exchange Pair Price Volume (24h) Volume % Confidence Liquidity Score Earn

About MultiversX

Where Can You Buy MultiversX (EGLD)?

EGLD can be purchased on [cryptocurrency](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies) exchanges such as [Binance](https://coinmarketcap.com/exchanges/binance/), [OKEx](https://coinmarketcap.com/exchanges/okex/), [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/) and [BitMax](https://coinmarketcap.com/exchanges/bitmax/). It can be traded against fiat currencies such as the U.S. dollar and Indonesian rupiah, cryptocurrencies such as [Bitcoin](https://coinmarketcap.com/currencies/bitcoin) (BTC) and [Binance Coin](https://coinmarketcap.com/currencies/binance-coin) (BNB), and [stablecoins](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) such as [Tether](https://coinmarketcap.com/currencies/tether/) (USDT) and [Binance USD](https://coinmarketcap.com/currencies/binance-usd) (BUSD). It can be bought and sold on both spot and derivatives markets. Are you interested in buying EGLD or other cryptocurrencies such as [Bitcoin](https://coinmarketcap.com/currencies/bitcoin)? CoinMarketCap has a simple, [step-by-step guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to teach you all about crypto and how to buy your first coins.

How Is MultiversX Secured?

MultiversX uses what it calls a secure [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) [consensus](https://coinmarketcap.com/alexandria/glossary/consensus) algorithm in which nodes must stake their EGLD tokens to participate in the validation process, and each validator is assigned a rating score based on past activity, which also influences whether or not they are selected. If a validator's rating becomes too low, it will not be selected and must pay fines. Validators can also be removed from the network and have their stakes slashed if they continuously act in a manner that is against the integrity of the network. Validators are randomly selected in a way that can be neither predicted nor modified based on the previous round of validations. In addition, validators are periodically shuffled between shards as a way to prevent collusion. Nodes communicate among one another using modified Boneh-Lynn-Shacham, or BLS, multi-signatures for strong cryptographic protection.

How Many MultiversX (EGLD) Coins Are There in Circulation?

The MultiversX economic model has a limited supply that starts at 20,000,000 EGLD, with new tokens minted to reward network validators. The maximum supply can never exceed 31,415,926 EGLD, but this number will decrease as more transactions are processed. MultiversX's native token was first made available for purchase through a private sale, in which 19% of its initial supply was sold, with 7.5% made available immediately upon token generation and another 15.41% released every three months. MultiversX also held an [initial exchange offering](https://coinmarketcap.com/alexandria/glossary/initial-exchange-offering) on Binance, in which 25% was [sold](https://www.binance.com/en/support/articles/360029716271-Introducing-the-Elrond-ERD-Token-Sale-on-Binance-Launchpad) and made available immediately. Of the remaining 56%, 7% was reserved for ecosystem rewards, with 50% released immediately and 50% after six months; 8.5% for marketing, grants and an accelerator pool for DApp developers, with 81.17% released immediately and 9.41% every six months; 2% for a community fund, with 33.3% released immediately, 33.3% after six months and 33.3% after 12 months; 2.5% for advisors, released after one year; 19% for MultiversX's founders and core team members, with 10% released after six months, 10% after 12 months, 15% after 18, 24, 30 and 36, and 20% after 42 months; and 17% for the company for ecosystem support, with 33.3% that can only be used for staking during the first year released immediately and 66.6% released in three equal installments over three years, starting after one year. MultiversX's tokens were first issued on Binance Chain under the name ERD with a total supply of 20 billion. 500 million were burned in November 2019 and minted on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain as [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) tokens, and the company [launched](https://elrond.com/blog/elrond-token-swap-bridge/) a token swap event in September 2020 for token holders to swap their ERC-20 and BEP-2 tokens for mainnet EGLD tokens. During the process, the total token supply was reduced from 20 billion to 20 million by setting the swap ratio at 1,000 ERD for 1 EGLD.

How Does MultiversX Work?

According to the MultiversX crypto team, the project implements three types of segmentation: state, transactions, and network, using the parallel processing method to speed up the time and increase the number of transactions. MultiversX is a comprehensive software that uses Adaptive State Sharding to scale while sharing infrastructure to support a growing number of applications/transactions on the ledger. A variation of the traditional [PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) operational protocol guarantees the connection to the platform of all sections of the network, separated during sharding. Hence, the integrated environment is involved in the development of dApps, which are imitations of products and services. MultiversX developers combined three sharding methods to create their own unique adaptive one. They divide the network into four shards: three shards are execution shards that process transactions, validating 5400 transactions per second, and Metachain is the fourth shard that coordinates and completes transactions. Sharding types include: State sharding where the history of the network, or state, is distributed across different sections of the network, or shards. Segments have their own ledger, nodes store the state of each segment; Transaction sharding where transactions are mapped to segments and processed, segments process transactions in parallel and nodes capture the state of the entire network; Network sharding where the nodes are grouped into segments and then processed. Network slicing contributes to optimizing communications.

What Makes MultiversX Unique?

MultiversX describes itself as a blockchain platform for the new internet economy, [decentralized applications](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) and enterprise use. Its main selling point is its high scalability, stating that it is the first blockchain network in which state, network and transaction sharding have all been implemented. According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset. To achieve this goal, the network runs on 3,200 validator nodes split into four shards: three execution shards, capable of 5,400 transactions per second each, and one coordination shard, the "Metachain." MultiversX's adaptive state sharding architecture completely shards state, transactions and network. It can scale by adding an additional shard when the throughput demand is unmet. It was tested to run 263,000 TPS in a public environment with 1,500 nodes from 29 countries grouped in 50 shards. In order to increase adoption, the project also supports developers building on the platform, allowing them to earn 30% of the smart contract fees as royalties. The company maintains a supply of EGLD tokens to stake on the network during its first year, with validator nodes receiving a 36% annual percentage rate.

Who Are the Founders of MultiversX?

MultiversX was co-founded in late 2017 by brothers Beniamin and Lucian Mincu alongside Lucian Todea as a solution to the problem of blockchain scalability, which they thought to be the most pressing problem facing the industry. Prior to MultiversX, Beniamin and Lucian Mincu co-founded MetaChain Capital, a digital asset investment fund, with Beniamin Mincu serving as CEO and Lucian Mincu as chief technology officer. The two also co-founded ICO Market Data, an aggregator of information around [initial coin offerings](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico). Beniamin Mincu was also responsible for product, marketing and community for blockchain platform [NEM](https://coinmarketcap.com/currencies/nem/) from 2014 to 2015, in addition to being an early investor in projects such as [Zilliqa](https://coinmarketcap.com/currencies/zilliqa/) (ZIL), [Tezos](https://coinmarketcap.com/currencies/tezos/) (XTZ), Brave and [Binance](https://coinmarketcap.com/exchanges/binance). Lucian Mincu has additional experience as an information technology engineer and security specialist, having worked with Uhrenwerk 24, Cetto and Liebl Systems. Lucian Todea is a serial tech entrepreneur who previously founded and served as CEO of Soft32, a software review and download site, and a partner of mobilPay, a mobile payments application. He is also an angel investor, having invested in biometrics tech company TypingDNA and accounting platform SmartBill.

What Is MultiversX (EGLD)?

MultiversX is a [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, [decentralized finance](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) and the Internet of Things. Its [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services. EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through [staking](https://coinmarketcap.com/alexandria/glossary/staking) and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions. MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

MultiversX News

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