Price Predictions

Elrond Coin: Elrond Coin Price Prediction

3 Mins read

Welcome to Bulliscoming Elrond coin price prediction and expert analysis.

In this Elrond coin price prediction article, I will give you insight into what Elrond is all about, in-depth information about the Elrond coin, and what price Elrond coin might be worth in 2021-2028 base on the current market condition

What Is Elrond?

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Elrond is a distributed transactional computation protocol that depends on a sharded state design and a secure Proof of Stake agreement mechanism.

Whereas most alternative blockchain networks need custom hardware and high energy consumption, Elrond runs on average computers.

By using sharding, a technique of parallelizing data & transactions processing, Elrond’s performance will scale up with the numbers of computers joining the network, reaching over 100,000 transactions per second while growing progressively decentralized.

Elrond is founded by a team of old entrepreneurs, engineers, and researchers with significant blockchain backgrounds and technical experience at Microsoft, Google, Intel, and NTT DATA.

The team includes two (2) PhDs in CS & AI, multiple maths, CS, and AI Olympiad champions, and a former member of the NEM core team.

Elrond was founded by Lucian Todea, Beniamin, and Lucian Mincu in 2017 and is supported by Elrond Network, a corporation based mostly in Malta dedicated to expanding the project.

Elrond is a software package that seeks to incentivize a distributed network of computers to run a smart contract platform that aims to prioritize scalability and low transaction fees.

In this way, Elrond is designed to compete against major blockchains, like Ethereum and Zilliqa, aiming to grow an ecosystem of decentralized applications and cryptocurrencies.

To do so, Elrond employs two (2) distinctive features:

  • Adaptive State Sharding

the process of splitting the Elrond infrastructure to support more transactions and programs.

  • Secure Proof-of-Stake (SPoS)

The consensus mechanism was devised to correct sync separate network components to a common ledger.

Further, developers can use the Elrond Integrated development environment to write and launch customizable programs that replicate goods and services on its platform.

Elrond coin

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Elrond coin is the utility token of the Elrond ecosystem, it is abbreviated as EGLD.

Elrond is power-driven by its native cryptocurrency, EGLD coin, which is utilized to interact with applications, send transactions, and incentivize actors supporting the network.

In June 2019, the project conducted a non-public investment round raising $1.9 million from several angel investors.

That very same month, Elrond held an Initial Exchange Offering (IEO) that raised $3.25 million in exchange for 25% of its total token supply.

At the time, Elrond distributed its cryptocurrency as ERD coin, but, after the project launched its mainnet in July 2020, Elond modified its cryptocurrency to EGLD coin.

The project then held a transitory event that enabled its investors to swap ERD for Elrond’s new EGLD cryptocurrency.

Elrond Coin Price Prediction 2021

MonthAverage Price ($)Change (%)
Feb 2021$344.83 USD39.27 %
Mar 2021$394.16 USD59.19 %
Apr 2021$329.43 USD33.05 %
May 2021$409.52 USD65.4 %
Jun 2021$388.51 USD56.91 %
Jul 2021$324.76 USD31.17 %
Aug 2021$326.37 USD31.81 %
Sep 2021$345.42 USD39.51 %
Oct 2021$343.85 USD38.87 %
Nov 2021$382.65 USD54.55 %
Dec 2021$353.42 USD42.74 %

Elrond Coin Price Prediction 2022

MonthAverage Price ($)Change (%)
Jan 2022$453.36 USD83.1 %
Feb 2022$422.54 USD70.65 %
Mar 2022$472.75 USD90.93 %
Apr 2022$380.74 USD53.77 %
May 2022$434.29 USD75.4 %
Jun 2022$492.73 USD99 %
Jul 2022$417.44 USD68.6 %
Aug 2022$398.45 USD60.93 %
Sep 2022$473.2 USD91.12 %
Oct 2022$377.3 USD52.38 %
Nov 2022$485.92 USD96.25 %
Dec 2022$409.14 USD65.24 %

Elrond Coin Price Prediction 2023

MonthAverage Price ($)Change (%)
Jan 2023$545.94 USD120.49 %
Feb 2023$495.46 USD100.11 %
Mar 2023$604.88 USD144.3 %
Apr 2023$480.96 USD94.25 %
May 2023$432.37 USD74.63 %
Jun 2023$430.99 USD74.07 %
Jul 2023$503.22 USD103.24 %
Aug 2023$453.96 USD83.35 %
Sep 2023$494.74 USD99.81 %
Oct 2023$424.9 USD71.61 %
Nov 2023$610.31 USD146.49 %
Dec 2023$441.22 USD78.2 %

Elrond Coin Price Prediction 2024

MonthAverage Price ($)Change (%)
Jan 2024$543.13 USD119.36 %
Feb 2024$511.4 USD106.54 %
Mar 2024$518.91 USD109.58 %
Apr 2024$657.85 USD165.69 %
May 2024$638.04 USD157.69 %
Jun 2024$719.71 USD190.67 %
Jul 2024$510.45 USD106.16 %
Aug 2024$649.23 USD162.21 %
Sep 2024$616.74 USD149.09 %
Oct 2024$634.39 USD156.22 %
Nov 2024$577.6 USD133.28 %
Dec 2024$547.17 USD120.99 %

Elrond Coin Price Prediction 2025

MonthAverage Price ($)Change (%)
Jan 2025$781.03 USD215.44 %
Feb 2025$724.79 USD192.73 %
Mar 2025$668.46 USD169.98 %
Apr 2025$823.92 USD232.77 %
May 2025$666.52 USD169.19 %
Jun 2025$684.4 USD176.41 %
Jul 2025$815.46 USD229.35 %
Aug 2025$815.9 USD229.52 %
Sep 2025$735.39 USD197.01 %
Oct 2025$639.2 USD158.16 %
Nov 2025$780.05 USD215.04 %
Dec 2025$859.34 USD247.07 %

Elrond Coin Price Prediction 2026

MonthAverage Price ($)Change (%)
Jan 2026$881.98 USD256.21 %
Feb 2026$934.31 USD277.35 %
Mar 2026$834.95 USD237.22 %
Apr 2026$822.1 USD232.03 %
May 2026$793.98 USD220.67 %
Jun 2026$884.63 USD257.28 %
Jul 2026$836.31 USD237.77 %
Aug 2026$902.88 USD264.66 %
Sep 2026$796.53 USD221.7 %
Oct 2026$749.41 USD202.67 %
Nov 2026$852.56 USD244.33 %
Dec 2026$852.27 USD244.21 %

Elrond Coin Price Prediction 2027

MonthAverage Price ($)Change (%)
Jan 2027$852.27 USD244.21 %
Feb 2027$852.27 USD244.21 %
Mar 2027$852.27 USD244.21 %
Apr 2027$852.27 USD244.21 %
May 2027$852.27 USD244.21 %
Jun 2027$852.27 USD244.21 %
Jul 2027$852.27 USD244.21 %
Aug 2027$852.27 USD244.21 %
Sep 2027$852.27 USD244.21 %
Oct 2027$852.27 USD244.21 %
Nov 2027$852.27 USD244.21 %
Dec 2027$852.27 USD244.21 %

Elrond Coin Price Prediction 2028

MonthAverage Price ($)Change (%)
Jan 2028$1,105.64 USD346.55 %
Feb 2028$1,009.24 USD307.61 %
Mar 2028$1,144.60 USD362.28 %
Apr 2028$1,136.86 USD359.16 %
May 2028$1,022.04 USD312.78 %
Jun 2028$1,223.60 USD394.19 %
Jul 2028$1,211.42 USD389.27 %
Aug 2028$1,201.62 USD385.31 %
Sep 2028$1,119.69 USD352.22 %
Oct 2028$1,143.39 USD361.79 %
Nov 2028$1,154.36 USD366.22 %
Dec 2028$1,014.19 USD309.61 %

Final Verdict

None of the information provided in this article is investment advice nor is it a replacement for advice from a certified financial advisor.

We may not have a vested interest in this project.

The views expressed in this article are those of the author and do not necessarily reflect the official policy of Bulliscoming

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186 posts

About author
Samson Olatinwo is a creative content creator, a young fellow that derives passion from creating insightful content about cryptocurrency and blockchain technology. A cryptocurrency analyst, trader & investor.
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