MultiversX, previously referred to as Elrond, is a blockchain made for the metaverse. EGLD is its native ERC-20 token engaged in several activities, such as staking and payments.
Yesterday, MultiversX said that Safepal, a blockchain firm, had joined it. This integration implies that users can contact MultiversX through their Safepal wallets to make payments.
This significant development fueled the buying pressure, and the token cracked the range hurdle of $30 and registered a Darvas box breakout. It implies that the token is poised for an up move and could reach the $50 mark soon.
At press time, the EGLD was trading at $33.90 with an intraday surge of 5.30%, reflecting buying momentum on the chart. It has a monthly return ratio of -17.290% and 1.20% yearly, reflecting short-term consolidation.
The pair of EGLD/BTC is at 0.0000308 BTC, and the market cap is $121.59 Million. Analysts are neutral and suggest that the EGLD price may stretch the pullback and shortly lead to a t
We współpracy z: https://www.thecoinrepublic.com/2024/07/06/multiversx-egld-jumps-20-due-to-key-wallet-integration/
