aelf Price Up 38.6% Over Last 7 Days (ELF)

aelf (ELF) traded 26% higher against the US dollar during the 1-day period ending at 10:00 AM Eastern on January 8th. One aelf coin can now be purchased for approximately $0.12 or 0.00000132 BTC on exchanges. aelf has a market cap of $97.18 million and approximately $90.04 million worth of aelf was traded on exchanges in the last day. During the last week, aelf has traded 38.6% higher against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 0% against the dollar and now trades at $0.30 or 0.00000327 BTC.
• Tezos (XTZ) traded 0.2% higher against the dollar and now trades at $0.57 or 0.00000631 BTC.
• Terra Classic (LUNC) traded down 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded down 1.2% against the dollar and now trades at $0.0907 or 0.00000100 BTC.
• GXChain (GXC) traded 0.7% higher against the dollar and now trades at $0.50 or 0.00000556 BTC.
• Adshares (ADS) traded 1% lower against the dollar and now trades at $0.73 or 0.00000804 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0012 or 0.00000001 BTC.

aelf Coin Profile

aelf (ELF) uses the hashing algorithm. Its genesis date was December 18th, 2017. aelf’s total supply is 996,446,276 coins and its circulating supply is 816,397,678 coins. aelf’s official Twitter account is @aelfblockchain and its Facebook page is accessible here. The Reddit community for aelf is https://reddit.com/r/aelfofficial and the currency’s Github account can be viewed here. aelf’s official message board is blog.aelf.com. The official website for aelf is 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 possible to buy alternative cryptocurrencies such as aelf directly using US dollars. Investors seeking to acquire aelf should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy aelf using one of the aforementioned exchanges.

ELF/USD price chart by TradingView