EGLD Coin Weekly Analysis And Price Prediction

This article will analyze the EGLD coin according to www.coinmarketcap.com data. First, we will discuss the EGLD coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is EGLD Coin?

EGLD is the native cryptocurrency of the Elrond network, a high-performance blockchain platform designed to provide fast and secure transactions with low fees. It was launched in 2019 by a team of experienced blockchain developers to create a new architecture for decentralized applications that can support high throughput and low latency.
Elrond’s unique approach to consensus, called Adaptive State Sharding, allows the network to process up to 15,000 transactions per second, making it one of the fastest blockchain networks currently in existence.

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