Where Can I Buy ELF Crypto? – Spaxton School

Latest Aelf Price

aelf, known for its Layer 1 and multi-sidechain technology, has launched aelf Ventures with a $50 million Ecosystem Fund to support the transition from Web2 to Web3. By allocating funds to teams, aelf seeks to facilitate the move from Web2 to Web3, supporting blockchain projects within its own and multi-chain environments. Hazel Zhang, aelf’s Investment Chief, mentioned investments in platforms such as Crystal Fun, a Web3 gaming platform, and Mythic Protocol, an entertainment protocol focused on community-driven content.

Aelf Price Prediction: Is ELF a Good Investment?

Aelf is an open-source blockchain network designed as a complete business solution. Its structure consists of one main chain and multiple side chains to support developers to independently deploy or run DApps on individual side chains to achieve resource isolation.

Key features

• Aelf technology adopts Parallel Processing & AEDPoS Consensus Mechanism to achieve efficient processing of transactions.
• Aelf achieves secure communication between the main chain and all side chains, allowing direct interoperability between side chains.
• The platform provides different governance models to meet the governance needs of varying applications, including a Parliament Governance Model, an Association Governance Model, and a Referendum Governance Model.
• Its incentive model equips the network with a self-sustainable system and can roll out self-development on a practical basis.
• Aelf has launched aelf Enterprise, an enterprise-level integrated blockchain solution that provides flexible, but practical modularized blockchain solutions for several industries.
• Aelf offers a fast, smooth, and low-cost experience for Web3 users and developers.

ELF token is the native token of the Aelf blockchain. It has a maximum supply of 1,000,000,000 tokens and out of which 591,510,172 tokens are already in circulation. The following are the use cases of the ELF token:

• ELF tokens are used to pay the transaction fee on the Aelf network.
• ELF token holders can participate in the governance of the platform via voting mechanisms.
• Users can stake their ELF tokens to generate passive income.

Aelf Price Performance so far

• Last 12 Months: +133.7%
• Since Launch (2017): -67.7%

Aelf provides well-developed infrastructures for Web3 applications like DeFi and Metaverse. Thus, considering its use cases and key features and the growing Defi industry, ELF seems to be a moderate case for investment.

Aelf Price Prediction: Will ELF Reach $10?

To reach $10, the ELF token must grow by nearly 31.25 times of its current market price.

Also, the ELF token reached its all-time high price of $2.34 in January 2018 where it grew by nearly 2.65 times in just one month (i.e., from the lowest price of $0.88 in December 2017).

Therefore, ELF needs roughly 1 year to reach a price level of $1. However, it might take slightly more time depending on the market conditions of the economic factors.

Aelf Price Prediction Today, Tomorrow and Week

UTC: Feb 26th, 2024 12:07 AM

• Aelf Price Prediction in the next 24 hours is between $0.640 and $0.641
• Aelf Price Prediction this week is between $0.639 and $0.645

Aelf Price Prediction 2023, 2025 and 2030

• Aelf Price Prediction 2023: In 2023, the price of Aelf is anticipated to range between a minimum of $0.32, an average of $0.52, and a high of $0.57.
• Aelf Price Prediction 2024: In 2024, the price of Aelf is anticipated to range between a minimum of $0.61, an average of $0.68, and a high of $0.73.
• Aelf Price Prediction 2025: In 2025, the price of Aelf is anticipated to range between a minimum of $0.85, an average of $0.91, and a high of $1.01.
• Aelf Price Prediction 2026: In 2026, the price of Aelf is anticipated to range between a minimum of $1.15, an average of $1.27, and a high of $1.37.
• Aelf Price Prediction 2027: In 2027, the price of Aelf is anticipated to range between a minimum of $1.38, an average of $1.49, and a high of $1.61.
• Aelf Price Prediction 2028: In 2028, the price of Aelf is anticipated to range between a minimum of $1.85, an average of $2.01, and a high of $2.19.
• Aelf Price Prediction 2029: In 2029, the price of Aelf is anticipated to range between a minimum of $2.70, an average of $2.87, and a high of $3.12.
• Aelf Price Prediction 2030: In 2030, the price of Aelf is anticipated to range between a minimum of $4.01, an average of $4.17, and a high of $4.49.

Also Read: Holo Price Prediction

~Charu Taneja

Note:  collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.