aelf Price
(ELF)
USD($)
aelf (ELF) Live Price Chart
Overview
About
Analysis
FAQ
aelf Live Price Data
The live price of aelf is $0.4601, with a total trading volume of $ 23,077 in the last 24 hours. The price of aelf changed by +6.28% in the past day, and its USD value has decreased by -12.55% over the last week. With a circulating supply of 736,220,749 ELF, the market cap of aelf is currently 338.8M USD, marking a --% increase today. aelf currently ranks #159 in market cap.
How do you feel about aelf today?
Note: This data is for reference only.
aelf(ELF) Profile
Rank159
BExpand 
Website
Documentation
Explorer
Contract
- Ethereum 0xbf2179...00e
- BNB Smart Chain (BEP20) 0xa3f020...cc9
Audited By
- https://skynet.certik.com/projects/aelf?utm_source=CMC&utm_campaign=AuditByCertiKLink
Code & Community
Investors
- Fundamental Labs
- Nirvana Capital
- Asymmetry Asset Management
- Draper Dragon
- Dekrypt Capital
- Chain Capital
$0.4049
$0.4663
- ATH
- $2.76
- Price Change (1h)
- -0.45%
- Price Change (24h)
- +6.28%
- Price Change (7d)
- -12.55%
- Market Cap
- $338.8M
- 24h Volume
- $23,077
- Circulating Supply
- 736,220,749
- Max Supply
- 1B
About ELF
How can I buy aelf (ELF)?
Buying ELF on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy aelf (ELF) for more information. What Is aelf (ELF) Crypto?
aelf is an open blockchain network designed as a complete business solution. aelf's structure consists of a main chain and multiple side chains, allowing developers to implement decentralized applications (dApps) on individual side chains and achieve resource isolation. aelf uses parallel processing and the AEDPoS (Authority Equilibrium Delegated Proof of Stake) consensus mechanism.
In addition to the technical aspect, aelf also offers various governance models to meet the needs of different applications. These include a parliamentary, an association, and a referendum governance model. Through an incentive model, the network has a self-sustaining system and can engage in practical self-development.
Furthermore, developers can debug, develop, and deploy applications using a mature IDE (Integrated Development Environment) provided by aelf. This positions aelf as a comprehensive blockchain solution for businesses and developers.
How Does aelf Work?
The operation of aelf is based on its unique architecture: a main chain with multiple side chains. This structure allows for the isolation of resources by enabling developers to deploy their DApps on individual side chains. Interaction between the side chains and the main chain is facilitated by aelf's cross-chain technology, which ensures secure data exchange between the chains.
The AEDPoS consensus mechanism of aelf enables efficient and democratic decision-making within the network. This mechanism is based on a combination of Delegated Proof-of-Stake (DPoS) and Authority Equilibrium, balancing efficiency and decentralization.
aelf also offers a variety of governance models tailored to the specific needs of users. The network can make decisions considering the entire community’s well-being through these models.
History of aelf And ELF Coin
aelf was founded in 2017 by Ma Haobo, previously the CEO and founder of Hoopox and the CTO of GemPay and AllCoin. aelf's headquarters are located in Singapore.
The idea behind aelf emerged from the belief that existing blockchains must provide the scalability and flexibility required for enterprise use. Therefore, the aelf team focused on creating a network to address these challenges.
aelf quickly gained recognition and has undergone several successful funding rounds since its inception. It has also established strong partnerships with leading companies and organizations in the blockchain industry, including the Blockchain Committee of the Global Mobile Internet Conference.
aelf (ELF) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0282 | 6.55% |
| 7 Days | $-0.0661 | -12.56% |
| 30 Days | $0.0498 | 12.16% |
| 3 Months | $0.0753 | 19.59% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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aelf Conversion Rate
FAQ
How much is 1 aelf (ELF) worth?
KuCoin provides real-time USD price updates for aelf (ELF). aelf price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ELF to USD exchange rates. Is aelf (ELF) a Good Investment?
aelf offers a range of features and factors that position it as a good investment.
aelf’s Unique Architecture
Separating the main and side chains allows for efficient use of resources and avoids interference between dApps.
Applicability of aelf Network
The aelf project has focused on creating a user-friendly platform that helps businesses leverage the benefits of blockchain technology. This has led to solid adoption in the corporate world.
aelf's Established Partnerships
In addition, aelf has established strong partnerships with key players in the industry, strengthening its credibility and providing the opportunity to spread its technology further.
What Is aelf Price Prediction?
While it is impossible to provide a reliable ELF price prediction, we could recommend the following factors to help you understand the price movements and volatility in this cryptocurrency:
Future Developments in aelf Ecosystem
The progress and advancements in the technology and development of the aelf blockchain network can influence the token's price. Upgrades, successful implementations, and improvements to the platform can generate positive attention and attract investors.
Level of Adoption of aelf Blockchain
The adoption of aelf's technology and its integration into various industries and sectors can have a positive impact on the token price. Increased usage and real-world applications can demonstrate the value and utility of the aelf ecosystem, attracting more investors.
aelf's Partnerships
aelf has already established strong partnerships in the industry, which strengthens its market position and could contribute to a higher ELF price.
aelf's Strong Community of Developers
Third, aelf has built a strong community of developers and users that contribute to the stability and growth of the network. A strong community can increase the demand for a token and thus lead to a rise in price.
What Is aelf's Tokenomics?
The ELF token is the native token of the aelf network. It has a total supply of 1 billion ELF, and the tokens are distributed in various ways to support the network and promote its development.
ELF coins pay for transactions and services within the aelf network. They also serve as an incentive for participating in network security through staking and voting.
The aelf network uses an inflationary model to generate new ELF tokens and distribute them to participants in the network. The inflation rate is set at 5% per year to support the growth and security of the network.
How to Stake ELF Token
Staking ELF is done through a process called Delegated Proof of Stake (DPoS). In the DPoS system, ELF token holders can "stake" their tokens to receive voting power. These votes can then be used to elect block producers (delegates) who validate transactions and add new blocks to the aelf blockchain.
Users must hold their ELF tokens in a compatible wallet to stake ELF. They can then "stake" all or part of their ELF tokens to receive voting power. The number of votes received depends on the amount of ELF tokens staked.
The elected delegates receive rewards through ELF tokens for their services. These rewards are then distributed to the voters based on the number of votes they have cast.
Who Are aelf's Partners?
aelf has formed several strategic partnerships to promote its technology and expand its reach. These partners include leading companies in the technology and blockchain industry.
One of the most notable partners is Huawei Cloud, the cloud computing branch of technology giant Huawei. Huawei Cloud has partnered with aelf to provide blockchain solutions for enterprises.
Another important partner is Amazon Web Services (AWS). aelf is an official technology partner of AWS and offers its blockchain solutions through the AWS platform.
Other partners include Decentraland, a blockchain-based virtual world, and Theta Network, a decentralized video streaming network.
What is the all-time high price of aelf (ELF)?
The all-time high price of aelf (ELF) is $2.7600. The current price of ELF is down 83.36% from its all-time high.
What is the all-time low price of aelf (ELF)?
The all-time low price of aelf (ELF) is $0.0350. The current price of ELF is up 1,214.65% from its all-time low.
How much aelf (ELF) is there in circulation?
As of 12 21, 2024, there is currently 736,220,749 ELF in circulation. ELF has a maximum supply of 1B.
What is the market cap of aelf (ELF)?
The current market cap of ELF is $338.8M. It is calculated by multiplying the current supply of ELF by its real-time market price of $338.8M.
How do I store aelf (ELF)?
You can securely store your aelf in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ELF include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Eigenpie (EGP) to cash?
First, sell your EGP on KuCoin's Spot Market to obtain USDT. Then, use KuCoin's P2P services to exchange USDT for your local fiat currency. Additionally, KuCoin also offers crypto-fiat trading pairs for certain cryptocurrencies. Simply locate the supported trading pair and directly exchange your cryptocurrency for your local currency.