Is MultiversX (EGLD) a Good Investment?

Here are some reasons that make EGLD an attractive investment: Scalability and High Performance MultiversX is designed to be highly scalable, allowing it to handle a significant volume of transactions efficiently. Scalability is a critical feature in the blockchain space and can contribute to the network's adoption and potential for growth.Sharding technology enhances the network's performance by partitioning it into smaller fragments, allowing faster transaction processing and increased capacity.SPoS Consensus Mechanism MultiversX's SPoS consensus mechanism enhances security and encourages participation from coin holders, potentially making it more robust and secure.Commitment to Carbon Neutrality MultiversX's commitment to being carbon neutral aligns with the growing focus on environmental sustainability in the cryptocurrency industry.

What Is MultiversX Price Prediction?

While the volatile nature of the crypto market makes it impossible to provide a reliable EGLD price prediction, the following factors could help you understand the price action in MultiversX crypto: Level of Adoption of EGLD Crypto Wider adoption of EGLD in real-world applications and as a means of payment can boost the price of MultiversX crypto. Partnerships and integrations with businesses and platforms contribute to adoption, supporting the EGLD to USD price.Future Developments in the MultiversX Roadmap Achieving technical milestones, protocol upgrades, and improvements in the project can positively influence the MultiversX price.Investor Sentiment Toward Cryptos Investor sentiment and perception of the project can significantly impact the EGLD price. Positive news, partnerships, and developments can drive the eGold price up, while negative news can lead to declines in the MultiversX coin price.

What Is EGLD Token Used for?

eGold (EGLD) is the native cryptocurrency of the MultversX network and has the following use cases: Native Currency of MultiversX Blockchain EGLD is used for making transactions within the MultiversX network. It acts as a medium of exchange for value transfer, enabling users to send and receive funds.Staking EGLD EGLD can be staked to secure the network and earn rewards. Stakers lock up their tokens to support the blockchain's operations and, in return, receive staking rewards.Execute Smart Contracts The token can be utilized in executing smart contracts and dApps within the MultiversX ecosystem. Governance EGLD holders may participate in the governance of the MultiversX network. They can vote on proposals and decisions that affect the platform's development and future direction.Store of Value EGLD also serves as a store of value, allowing users to hold and preserve their assets in the form of cryptocurrency.Trade or HODL EGLD Trade MultiversX coin against other cryptos on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell EGLD or hold it long-term if you believe in the future potential of the MultiversX project. Remember to DYOR before entering any new trade in the crypto market.

How to Stake EGLD on MultiversX

Staking EGLD on MultiversX can be done through various methods, including Ledger Live and Trust Wallet. Here's a general overview of how to stake EGLD on MultiversX:Using Ledger Live1. Ensure you have EGLD tokens in your Ledger wallet. You can buy EGLD on KuCoin and transfer the tokens to your Ledger wallet. 2. Stake EGLD on MultiversX by connecting your Ledger wallet to the platform. Detailed instructions can be found on the Ledger website.Using Trust Wallet1. Open your Trust Wallet.2. Add EGLD tokens to your wallet if you haven't already by buying MultiversX tokens on KuCoin.3. Search for "Elrond eGLD" within the Trust Wallet.4. Follow the staking instructions in your Trust Wallet to stake your EGLD on MultiversX.

Difference Between Elrond and MultiversX

Elrond and MultiversX represent the same blockchain project but underwent a rebranding and shift in focus. Here are the key differences between the two:Rebranding: Elrond vs. MultiversXElrond was the original name of the blockchain project, and it gained recognition for its innovative technology. However, in November 2022, Elrond rebranded itself as MultiversX to signify a strategic shift towards the metaverse and other innovative applications in the blockchain space. Shifting Focus to Metaverse Elrond initially focused on providing a high-performance blockchain infrastructure. In contrast, MultiversX emerged with an emphasis on exploring the potential of the metaverse and extending its capabilities to support this new digital frontier. Technological EvolutionDespite the rebranding, the fundamental technology and innovations developed during the Elrond phase continue to form the core of MultiversX. This includes features like Adaptive State Sharding for faster and cheaper transactions. While Elrond laid the technological foundation, MultiversX's rebranding reflects its commitment to exploring the possibilities of the metaverse and evolving within the crypto space.

How to Buy MultiversX (EGLD)

Price of MultiversX (24h)$40.26

-3.32%

Real-Time EGLD Rate Converter

Interested in buying MultiversX (EGLD) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy MultiversX (EGLD) instantly wherever you are! Check out all the ways you can buy EGLD on KuCoin.

Buy MultiversX (EGLD) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy MultiversX (EGLD)

Use a variety of payment options to buy MultiversX on KuCoin. We'll show you how.

Choose How You Want to Buy MultiversX on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying MultiversX (EGLD).

Buy MultiversX (EGLD) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy MultiversX (EGLD). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired MultiversX (EGLD) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for MultiversX (EGLD).

Tip: KuCoin offers a variety of order types to buy MultiversX (EGLD) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available MultiversX (EGLD) in your Trading Account.

Video Tutorial

How to Buy Crypto on the Spot Market Web

How to Buy Crypto on the Spot Market App

Get Your First MultiversX (EGLD) with KuCoin

Get Started Now

How to Store MultiversX (EGLD)

The best way to store MultiversX (EGLD) varies based on your needs and preferences. Review the pros and cons to find the best method of storing MultiversX (EGLD).

Store MultiversX in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your MultiversX in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your MultiversX (EGLD) to a non-custodial wallet. Storing MultiversX (EGLD) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your MultiversX (EGLD) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your MultiversX (EGLD).

What Can You Do with MultiversX (EGLD) on KuCoin?

Hold

Store your MultiversX (EGLD) in your KuCoin account.

Trade

Trade MultiversX (EGLD) in the spot and futures markets.

Earn

Earn passive income by staking or lending MultiversX (EGLD).

Why Is KuCoin the Best Platform to Buy MultiversX (EGLD)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy MultiversX and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying MultiversX (EGLD) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain EGLD in an instant when you buy on KuCoin.

Trade

Spot

Futures

FAQ

Is Fetch.ci (FET) a Good Investment?

Investing in Fetch.ai (FET) offers several advantages, highlighting its innovative integration of blockchain, AI, and machine learning technologies to create a decentralized digital economy. The Fetch.ai platform allows developers to build, train, and deploy autonomous economic agents (AEAs) for various purposes, including decentralized finance (DeFi), optimizing supply chains, and enhancing data privacy through collective learning. These AEAs can adapt to environmental changes and make proactive decisions, providing a competitive edge in rapidly evolving digital markets.

Furthermore, Fetch.ai has shown potential through collaborations with leading global businesses, emphasizing its ability to solve real-world problems across multiple sectors, from mobility and travel to commodities trading and smart cities. For instance, the platform's open-source mobility framework aims to make transportation systems more efficient and resilient. Additionally, Fetch.ai's autonomous AI travel agents and smart city mobility solutions demonstrate its capability to streamline operations, reduce costs, and improve consumer experiences by leveraging AI and blockchain technology.

The recent collaboration to form the Superintelligence Alliance with SingularityNET and Ocean Protocol further underscores Fetch.ai's commitment to pioneering the future of decentralized AI. This move aims to establish a large, open-source, independent player in AI research and development, creating a decentralized AI infrastructure that could lead to new innovations and increased investments in AI technologies.

Given these factors, investing in Fetch.ai could be seen as a strategic opportunity to participate in the growth of an AI-driven, decentralized digital economy. However, as with any investment, potential investors should conduct their research and consider the project's long-term prospects and the volatile nature of the cryptocurrency market.

What Is Fetch.ai Price Prediction?

While it is impossible to offer an accurate Fetch.AI price prediction over any duration, you could monitor the following factors for a better insight into the price movements in Fetch.ai cryptocurrency:

1. Adoption and Usage: The extent to which the Fetch.ai platform is utilized by individuals and businesses significantly impacts the demand for FET tokens, influencing the Fetch.ai price. Increased adoption of the platform's AI services and participation in its decentralized ecosystem can drive the network's growth and elevate the token's demand.

2. Crypto Market Sentiments: Sentiments and trends within the broader blockchain and AI sectors can greatly affect the $FET price. Positive news, technological breakthroughs, or notable partnerships within these domains can attract investment and elevate the token's market value.

3. Technological Advancements: The continuous development and enhancement of Fetch.ai's AI and machine learning capabilities are vital. Innovations that make the platform more efficient, secure, and user-friendly can attract more users and investors, potentially raising the FET to USD price.

4. Fetch.ai’s Partnerships and Integrations: Strategic collaborations with other prominent projects, companies, or platforms can boost Fetch.ai's visibility, expand its user base, and subsequently increase the demand for FET tokens, supporting the FET coin price. Partnerships that unlock new applications or market access are particularly influential.

5. Competitive Landscape: The blockchain and AI industries are highly competitive. Fetch.ai's position relative to other projects offering similar AI and machine learning solutions can affect its attractiveness to users and investors, impacting the FET token price.

6. Technological Challenges: Building and maintaining a complex decentralized platform like Fetch.ai comes with its set of challenges. Addressing issues related to scalability, security, and efficiency is critical for the network's success and can impact the FET crypto price.

How to Stake FET on Fetch.ai Network

To stake FET on Fetch.ai:

1. Buy Fetch.ai crypto on KuCoin and transfer your tokens to the Fetch.ai wallet.

2. Download and install the Fetch.ai browser extension wallet.

3. Create a new account or, import an existing one using your seed phrase or connect a ledger hardware wallet.

4. Log into the wallet and select "Stake" to access the staking interface.

5. Browse validators, select one or multiple to stake with, and choose the amount of FET to stake. Keep at least 1 FET for transaction fees.

6. Review and approve the transaction to complete the staking process.

7. To claim rewards, go to the wallet dashboard, select "Claim," review, and approve the transaction.

8. For removing stakes, navigate to "My Stake," select the validator, and the amount to remove. Note the 21-day unbonding period before funds are available.

What Can People Create With Fetch.AI?

With Fetch.ai, people can create decentralized applications (dApps) that utilize AI and machine learning for various industries, including finance, mobility, energy, and healthcare. They can develop autonomous economic agents that operate independently to perform tasks like data sharing, service provision, and complex decision-making.

These agents can collaborate to optimize systems, improve efficiency, and create new business models within a secure, decentralized framework. Fetch.ai offers a platform for innovation in AI-driven decentralized solutions.

Some of the existing applications on Fetch.AI illustrate the use of its platform better, such as CoLearn - a blockchain-mediated collective learning system that allows multiple stakeholders to collaborate on building a shared machine learning (ML) model; Axim - a dApp that leverages ML to deliver insights that can help improve business functions; DeFi dApp Atomix; Mobix - a solution working to provide sustainable urban mobility; and more.

MultiversX (EGLD) Price Analysis

Live Price

The live price of EGLD is 40.14 USD, representing a decrease of -9.83% in the past 7 days and -3.32% decrease in the past 24 hours.

Historical Trends

The all-time high of EGLD was 542.57 USD on 11-23, 2021, from which the coin is now down -92.60%.
The all-time low of EGLD was 6.54 USD, from which the coin is now up 83.70%.

ATL$ 6.54

ATH$ 542.57

How to Buy Other Crypto Assets

Buy Internet Computer

Get Your First MultiversX (EGLD) with KuCoin

Get Started Now

Disclaimer

Given the nature of the crypto market, the price of MultiversX (EGLD) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.