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MultiversX (EGLD) Price Prediction 2023-2030: Will EGLD Price Hit $100 Soon? 3m ago by coinedition.com

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The bullish EGLD price prediction ranges from $75.73 to $79.61.
EGLD price might also reach $84.58 in 2023.
EGLD’s bearish market price prediction for 2023 is $14.04.

MultiversX, formerly known as Elrond, is a blockchain protocol that utilizes sharding to provide incredibly fast transaction rates. The project identifies itself as a technology ecosystem for the future Internet, including fintech, decentralized finance, and the Internet of Things. Its infrastructure for executing smart contracts supposedly supports 15,000 transactions per second, six-second latency, and a transaction cost of $0.001.

The native token of the blockchain is called Electronic Gold (EGLD), which is utilized for paying network fees, staking, and rewarding validators. By holding and staking EGLD, users have the ability to cast votes on network enhancements and are rewarded with freshly minted EGLD in proportion to the amount staked.

Let’s now take a detailed look at MultiversX’s operations and its native token, EGLD. Moreover, this article will conduct a comprehensive analysis of EGLD and forecast the price for 2023, 2024, 2025, 2026, and until 2050.

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The post MultiversX (EGLD) Price Prediction 2023-2030: Will EGLD Price Hit $100 Soon? appeared first on Coin Edition.