The following tables show how the price of Elrond (EGLD) has changed over time. You may also compare the change in EGLD price against other cryptos using the Crypto Compare Tool
$EGLD opened May at $183.98, a 31.27% higher than April.
We asked the Elrond Twitter crypto community, and these are their predictions:
@CryptoTEK_EU thinks the price will peak at $330 to close the month at around $290. At this closing price, a $1000 investment would turn into almost $2600.
Cristea aimed her prediction higher. She thinks the price will close between $400-500.
If $EGLD closes May at $500, this will result in a 171% gain, which means a $1000 investment would turn into $3700; and $10,000 into $37,000.
Some recent news and developments that might add value and interest to $EGLD this month are:
- The use of Maiar and its new authentication method to access applications from the Elrond ecosystem, which adds convenience and security for transactions.
- The announcement of the Elrond dApp core components, which allows people to add Elrond Network authentication and transaction signing to their websites and dApps.
- The Staking Phase 3.5, which will go live in June.
- A collaboration with Bware Labs that will focus on making the Elrond Network data available for developers and applications.
- With more companies looking for more environmentally friendly alternatives to Bitcoin, $EGLD becomes more appealing thanks to the Proof of Stake protocol support, which allows the Elrond ecosystem to be sustainable, efficient and consume less electricity.