dv2000 0 Posted July 11 Share Posted July 11 Do you think it will reach $1-5 in 2021? They have 5 times less supply than Ripple XRP. Quote Link to post Share on other sites
AngelGeeks 0 Posted August 20 Share Posted August 20 Seems to me that if ERD is Trading at around $0.019 and then Elrond goes through with the change in tokenomics where for every 1000 of ERD you'll be getting 1 eGLD the price would automatically adjust to $19.00 which would mean that your questions about whether or not the price will reach $1-$5 is answered by the math of the tokenomics. Good Luck! Quote Link to post Share on other sites
Saadanan Thiagarajah 0 Posted August 31 Share Posted August 31 (edited) The supply will now be capped, as opposed to being unlimited before. This will allow the price of EGLD to grow much healthier - and even more exponentially as more resources are used to mine/validate on the chain. Though given the efficiency of the Elrond blockchain itself, this may take some time to start being evident. The price itself is subject to the use cases and the application of the actual Elrond chain as well, among many other factors. Edited August 31 by Saadanan Thiagarajah Quote Link to post Share on other sites
dv2000 0 Posted August 31 Author Share Posted August 31 On 8/20/2020 at 10:05 AM, AngelGeeks said: Seems to me that if ERD is Trading at around $0.019 and then Elrond goes through with the change in tokenomics where for every 1000 of ERD you'll be getting 1 eGLD the price would automatically adjust to $19.00 which would mean that your questions about whether or not the price will reach $1-$5 is answered by the math of the tokenomics. Good Luck! how is this helping? But now I only have 1000 tokens instead of a million. So egld must be a $1000 to match $1 ERD Quote Link to post Share on other sites
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