Table of Contents:
- Coin prognosis
- What is Elrond coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Elrond Up Only
Our coin price forecasting algorithm indicates bullishness on the ERD/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Elrond, using ranking algorithms that are based on Historical price data.
What is Elrond? Fundamental Analysis
Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design.Elrond (ERD) to Elrond (EGLD) swap:Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)).
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jul 30, 2021 | $0.0201 | Neutral |
| August, 2021 | $ 0.0352 USD | Upside |
| September, 2021 | $ 0.0336 USD | Upside |
| October, 2021 | $ 0.0298 USD | Upside |
| January, 2022 | $ 0.0386 USD | Upside |
| July, 2022 | $ 0.0437 USD | Upside |
ERD Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Elrond rise today? | Our data indicates Elrond will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Elrond (ERD) in future? | Our analysis shows a possible all time high of $0.0437 USD |
| Will Elrond (ERD) price increase in future? | Our prognosis shows Elrond (ERD) will increase exponentially in future, attaining a possible coin price of $0.0437 USD |
| Will an Investment in Elrond (ERD) be profitable or make a loss? | Elrond will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Elrond (ERD) in future? | $0.0437 USD |
| Will the price of Elrond (ERD) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Elrond? | Our algorithms indicates an end of year price of 1 ERD = $0.0437 USD. |
| What is the Elrond price prediction for 2025? | By the year 2025, the price of one ERD could be as high as $0.2187 USD |
| Elrond price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Elrond? | We painstakingly listed out some great options for you. Purchase ERD coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Elrond has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| May 18, 2021 | $0.01916 | $0 |
| May 17, 2021 | $0.02046 | $0 |
| May 16, 2021 | $0.02058 | $0 |
| May 15, 2021 | $0.02195 | $0 |
| May 14, 2021 | $0.02187 | $0 |
| May 13, 2021 | $0.02178 | $0 |
| May 12, 2021 | $0.02497 | $0 |
| May 11, 2021 | $0.02458 | $0 |
| May 10, 2021 | $0.02565 | $0 |
| May 9, 2021 | $0.02593 | $0 |
| May 8, 2021 | $0.02524 | $0 |
| May 7, 2021 | $0.02483 | $0 |
| May 6, 2021 | $0.0253 | $0 |
| May 5, 2021 | $0.02343 | $0 |
| May 4, 2021 | $0.02517 | $0 |
| May 3, 2021 | $0.02491 | $0 |
| May 2, 2021 | $0.02545 | $0 |
| May 1, 2021 | $0.02541 | $0 |
| April 30, 2021 | $0.02358 | $0 |
| April 29, 2021 | $0.02415 | $0 |
| April 28, 2021 | $0.02368 | $0 |
| April 27, 2021 | $0.02271 | $6 |
| April 26, 2021 | $0.02309 | $137 |
| April 25, 2021 | $0.02355 | $100 |
| April 24, 2021 | $0.02149 | $14 |
| April 23, 2021 | $0.02793 | $317 |
| April 22, 2021 | $0.02475 | $134 |
| April 21, 2021 | $0.02486 | $303 |
| April 20, 2021 | $0.02673 | $201 |
| April 19, 2021 | $0.02756 | $15 |
