aelf Trading Down 15.9% Over Last Week (ELF)

aelf (ELF) traded down 4.7% against the US dollar during the 24-hour period ending at 11:00 AM Eastern on February 5th. In the last seven days, aelf has traded down 15.9% against the US dollar. One aelf coin can now be purchased for $0.0806 or 0.00000115 BTC on popular exchanges. aelf has a total market capitalization of $66.03 million and $2.53 million worth of aelf was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 2.6% against the dollar and now trades at $0.28 or 0.00000397 BTC.
• Tezos (XTZ) traded 5.5% lower against the dollar and now trades at $0.45 or 0.00000644 BTC.
• Terra Classic (LUNC) traded down 5.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded down 4.3% against the dollar and now trades at $0.0640 or 0.00000091 BTC.
• GXChain (GXC) traded down 7% against the dollar and now trades at $0.36 or 0.00000517 BTC.
• Adshares (ADS) traded down 4.6% against the dollar and now trades at $0.59 or 0.00000842 BTC.
• BitShares (BTS) traded down 3.8% 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 996,446,235 coins and its circulating supply is 818,697,092 coins. aelf’s official message board is blog.aelf.com. The official website for aelf 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.

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

ELF/USD price chart by TradingView