aelf (ELF) Reaches Market Capitalization of $165.23 Million

aelf (ELF) traded down 1.2% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM ET on April 19th. One aelf coin can currently be purchased for about $0.22 or 0.00000262 BTC on major cryptocurrency exchanges. aelf has a market cap of $165.23 million and approximately $3.84 million worth of aelf was traded on exchanges in the last 24 hours. During the last week, aelf has traded down 0.6% against the U.S. dollar.

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

• TRON (TRX) traded down 1.2% against the dollar and now trades at $0.24 or 0.00000284 BTC.
• Tezos (XTZ) traded up 0.7% against the dollar and now trades at $0.50 or 0.00000589 BTC.
• Terra Classic (LUNC) traded 1.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 1.2% against the dollar and now trades at $0.16 or 0.00000190 BTC.
• Adshares (ADS) traded down 0.3% against the dollar and now trades at $0.52 or 0.00000614 BTC.
• GXChain (GXC) traded 0.4% higher against the dollar and now trades at $0.26 or 0.00000311 BTC.
• BitShares (BTS) traded down 0% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

About aelf

aelf (CRYPTO:ELF) uses the hashing algorithm. Its genesis date was December 18th, 2017. aelf’s total supply is 996,446,821 coins and its circulating supply is 739,579,618 coins. aelf’s official website is aelf.com. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The official message board for aelf 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 presently possible to purchase alternative cryptocurrencies such as aelf directly using US dollars. Investors seeking to trade aelf should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase aelf using one of the aforementioned exchanges.

ELF/USD price chart by TradingView