Elrond is without a doubt on the rise and for good reasons.
The new Egold a top prospect in the crypto world. Maiar wallet is coming soon and
Elrond and Binance Smart Chain Integration will enable Strategic DeFi Interoperability.
Thus, Elrond can process upwards of 15,000 transactions per second ( TPS ), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Here a some technical key aspects to be bullish on Elrond :
-Current Supply : only 16 768 545 EGLD
-Total Supply will be : 21 074 792 EGLD
-Total Delegated stacking : 7 millions EGLD for 340 millions dollars
-Total Validators stacking : 6.2 millions EGLD for 300 millions dollars
Elliott Wave Analysis.
Potential Main Wave 3 fibonnaci targets
-71.52$ (161.8%)
-111.73$ (261.8%)
-151.77$ (361.8%)
Current support on D for EGLD
-EMA Ribbon between 38$ and 30$
-MA21 at 38.21$
-MA7+9 at 40 .81$ and 41.45$
I will post many follow up on Elrond every week, stay tuned!
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