Elrond (MultiversX) Price Prediction 2024 – 2030: Will EGLD Price Hit $100 This Year?
2024
2024
DEFI
STORY
EGLD
Story Highlights
- The live price of the EGLD crypto token is [liveprice sym="EGLD"].
- The Elrond price could go as high as $67.93 by 2024.
- With a potential surge, the EGLD price could reach a high of $252.68 by 2030.
The projects based on Defi have undergone a sustained upward move. As traders always look for a quicker, more secure, and scalable platform, Elrond emerges as one of the top picks. It aims to revolutionize the space with its DEX.
The unique protocol’s native asset, EGLD, has seen dramatic growth over the years. As it is a highly scalable, fast, and secure blockchain platform for distributed applications. It provides high-level interoperability with fast execution speeds compared to other smart contract platforms.
Notably, EGLD has been officially rebranded as MultiversX in November 2022 during the first edition of xDay in Paris. The motto of rebranding was to reflect the company’s new focus on Metaverse development.
Are you amazed by the short introduction and interested in learning about its prospects? This article will thoroughly discuss Elrond’s price prediction for 2024 – 2030.
Table of contents
Overview
| Cryptocurrency | [cryptocurrency_name sym="MultiversX"] |
| Token | [cryptocurrency_symbol sym="EGLD"] |
| Price | [liveprice sym="EGLD"] [24hr_change sym="EGLD"] |
| Market cap | [marketcap sym="EGLD"] |
| Circulating Supply | [circulating_supply sym="EGLD"] |
| Trading Volume | [trading_volume sym="EGLD"] |
| All-time high | $542.58 on 23rd November 2021 |
| All-time low | $6.54 on 07th October 2020 |
| 24 High | [24hr_high sym="EGLD"] |
| 24 Low | [24hr_low sym="EGLD"] |
Elrond Price Prediction October 2024
The MultiversX price has recorded a drop of ~3% in the past day with a trading volume of $12.64 million. However, it has added 3.69% over the past week and 3.12% during the past 30 days. With a market cap of $708.25 million, it has secured the 97th position in the market.
If the market continues trading under a bullish sentiment, the EGLD price will prepare to test its resistance level of $36.25. Conversely, a trend reversal could pull the price toward its low of $24.00 in the coming time.
| Month | Potential Low | Potential Average | Potential High |
| October | $24.00 | $30.12 | $36.25 |
EGLD Price Prediction 2024
If the crew behind Elrond makes hay while the sunshine with developments and community-building events. The price of EGLD might catapult to its potential high of $67.93.
Contrarily, if the business comes across regulatory constraints, EGLD’s price might slump to the low of $21.14. That being said, the average price of Elrond Crypto might revolve around the $49.53 mark.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $21.14 | $49.53 | $67.93 |
Elrond Price Prediction 2025
On the road to 2025, EGLD might concentrate on enhancing the scalability and interoperability of the platform. The price is expected to rise if the community succeeds in providing the requisite updates and developments.
It might even compete with other altcoin platforms in terms of transaction speeds. In such a scenario, EGLD’s price might soar to a maximum of $98.18.
Conversely, if the market continues to be volatile for a longer period, the currency may sink around the $55.99 mark. Nevertheless, constrained by linear momentum and the lack of any propelling events, EGLD’s price might settle at $62.08.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | 55.99 | 62.08 | 98.18 |
Also, read Solana (SOL) Price Prediction 2024 - 2030
Elrond Price Targets 2026 – 2030
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 81.26 | 108.23 | 135.20 |
| 2027 | 110.20 | 142.01 | 163.83 |
| 2028 | 144.38 | 165.81 | 187.54 |
| 2029 | 179.66 | 195.36 | 211.06 |
| 2030 | 205.81 | 229.34 | 252.68 |
Elrond Crypto Price Action 2026
The EGLD Crypto Price for the year 2026 could range between $81.26 to $135.20, and the average price of Elrond could be around $108.23.
MultiversX Price Prediction 2027
The Elrond Crypto Price for the year 2027 could range between $110.20 to $163.83, and the average price of Elrond could be around $142.01.
Elrond (EGLD) Price Projection 2028
The MultiversX crypto price for the year 2028 could range between $144.38 and $187.34, and the average price of Elrond could be around $165.81.
MultiversX EGLD Price Action 2029
The EGLD Coin Price for the year 2029 could range between $179.66 to $211.06, and the average price of Elrond could be around $195.36.
EGLD Price Prediction 2030
The MultiversX token Price for the year 2030 could range between $205.81 to $252.68, and the average price of Elrond could be around $229.34.
Market Analysis
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $3.154 | $8.029 | - |
| priceprediction.net | $71.46 | $99.88 | $628.13 |
| DigitalCoinPrice | $154.08 | $227.19 | $648.33 |
*The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Elrond Price Prediction
Elrond price with certain variations might escalate higher if the community enters into strategic partnerships with certain projects.
As per CoinPedia’s formulated Elrond price prediction, the token may surge to a maximum of $67.93 by the end of 2024. That said, the digital asset falling prey to negativity could drag the price to $21.14.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $21.14 | $49.53 | $67.93 |
Historical Market Sentiments
Also, read Ripple (XRP) Price Prediction 2024 - 2030
FAQs
No, Elrond uses the Proof of Stake consensus algorithm.
Elrond is unique from other currencies as it is developer-friendly, secure, and an efficient mechanism.
With the bullish sentiments hovering over the crypto space, the EGLD price may record a high of $87.93 by the end of the year 2024.
Yes, Elrond might be a profitable investment for the long term.
The altcoin might soar to a maximum of $98.18 by 2025. With a potential surge, the price could reach a high of $252.68 by 2030.
Elrond can be traded on popular exchanges like Binance, CoinDCX, EtoroX, OKEx, WazirX, and many more.
At the time of publishing, the price of one Elrond was $25.78.
The rebranding was to reflect the company’s new focus on Metaverse development.
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