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Aelf

ELF

Aelf

ELF

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₹32.78

LIVE

24H Low ₹32.78

24H High ₹33.62

Price of ELF today

The current live price of ELF today is ₹32.78, with a 24-hour trading volume of ₹67,95,62,920.07. Our ELF to INR price is updated in real-time. ELF has seen a decrease of -1.73% in the last 24 hours. With a live market cap of ₹24,03,33,10,171.76 , the circulating supply is at 733,389,549 ELF coins, with a maximum supply of 1,000,000,000ELF coins.

Aelf Price History

Date ComparisonAmount Change% Change
Today-₹0.57

1.69%

7 Days-₹1.06

3.12%

30 Days₹1.27

3.99%

1 Year₹3.58

12.08%

Aelf Price Information

Price Change (1hr)

1.72%

Price Change (24hr)

1.69%

Price Change (7d)

3.12%

aelf Market Stats

Market Cap

₹24,03,33,10,171.76

Fully Diluted Market Cap

₹32,77,01,83,604.58

24hr Volume

₹67,95,62,920.07

3.44%

Circulating Supply

733389548.91 ELF

Total Supply

1000000000 ELF

Things to know about Aelf

What is the token?

Aelf (ELF) is a decentralized self-evolving cloud computing blockchain network that aims to provide a high-performance platform for commercial blockchain deployment. It operates on a unique multi-chain parallel-processing architecture, with one main chain and multiple side chains, allowing for resource isolation and the efficient execution of smart contracts. This structure enables the development of various decentralized applications (DApps) with improved scalability and interoperability. Aelf’s consensus mechanism, AEDPoS (Adaptive Efficient Delegated Proof of Stake), ensures a secure democratic governance model, allowing token holders to vote on network decisions. The platform also supports cross-chain communication, enabling interaction between the main chain, side chains, and other blockchain networks, thus fostering a more connected and scalable blockchain ecosystem.

Tokenomics

  • Total Supply:

  • 1,000,000,000 ELF

Market Data

As of today #{today’s date}, the price of Aelf is ₹32.78 INR or 0.3712 USD, with a 24-hour trading volume of 7696069.31 USD. The market capitalization for Aelf is 272177918.14USD. The circulating supply is 733389548.91 Aelf, with the total supply also being 1000000000 Aelf.

Token Pros and Cons

Pros

  • Scalability:

  • Aelf’s multi-chain architecture allows for scalable application development and execution.

  • Interoperability:

  • Supports cross-chain communication, enhancing the network’s ability to interact with other blockchain systems.

  • Governance:

  • Implements a democratic governance model, allowing ELF token holders to participate in decision-making.

  • Resource Isolation:

  • Each DApp operates on its side chain, preventing congestion and ensuring efficient performance.

  • Developer Support:

  • A mature IDE and developer tools for application development, deployment, and debugging.

Cons

  • Competition:

  • Faces stiff competition from other DApp platforms and blockchain ecosystems.

  • Complexity:

  • The multi-chain architecture, while beneficial, adds complexity to the network’s operation and understanding.

  • Adoption Rate:

  • The success of the platform is dependent on the adoption rate among developers and businesses.

  • Regulatory Risks:

  • Like all cryptocurrencies, ELF faces potential regulatory challenges that could impact its growth.

  • Market Volatility:

  • Subject to the high volatility inherent in the cryptocurrency market, affecting its price stability.

Why Should You Invest in the Coin

  • Innovative Architecture:

  • Aelf’s unique multi-chain parallel-processing system offers a scalable and efficient platform for DApps.

  • Robust Governance Model:

  • The democratic governance system empowers token holders and supports transparent decision-making.

  • Cross-Chain Capabilities:

  • Enhanced interoperability with other blockchains opens up vast possibilities for application development.

  • Growing Ecosystem:

  • Aelf’s continuous development and partnerships are expanding its ecosystem, potentially increasing the token’s value.

  • Enterprise Solutions:

  • Aelf Enterprise caters to business needs, offering a practical blockchain solution for various industries.

USP of the Coin

  • Multi-Chain Parallel Processing:

  • Unique architecture that significantly improves scalability and performance.

  • Resource Isolation for DApps:

  • Ensures efficient operation by allocating separate side chains for different applications.

  • Flexible Governance Models:

  • Offers various governance models to meet the diverse needs of applications, enhancing adaptability.

The Problem the Coin is Solving

Aelf addresses critical challenges in blockchain technology, such as scalability, interoperability, and efficient resource utilization. By providing a multi-chain parallel-processing architecture with cross-chain communication capabilities, Aelf enables the development of scalable and interoperable DApps. This solves the problem of blockchain congestion and limited throughput, which are significant barriers to blockchain adoption in commercial applications.

Founder and Team Background

Aelf was founded by Ma Haobo, a blockchain entrepreneur and early adopter of digital assets. Ma Haobo has a vision of using blockchain technology to challenge current models and systems across various industries. His leadership and experience in the blockchain field have been instrumental in developing Aelf’s innovative platform.

ICO Price

The Aelf ICO took place from November 28 to December 10, 2017. The ICO price was set at $0.099 per ELF token. The project successfully raised $24.75 million during its ICO.

Risks Associated with Investing in the Coin

  • Competitive Market:

  • Aelf operates in a highly competitive blockchain ecosystem, which may impact its growth and adoption.

  • Technical Complexity:

  • The platform’s complex architecture may challenge widespread adoption among developers and businesses.

  • Regulatory Uncertainty:

  • Changes in regulatory landscapes across different jurisdictions could affect Aelf’s operations and token value.

  • Dependence on Adoption:

  • The platform’s success heavily relies on the adoption rate by developers and enterprises for DApp development.

  • Market Volatility:

  • Cryptocurrency markets are highly volatile, and investments in ELF may be subject to significant price fluctuations.

Summary of the Whitepaper

The Aelf whitepaper outlines a comprehensive vision for a multi-chain parallel-computing blockchain framework designed to address the scalability, interoperability, and resource isolation challenges current blockchain technologies face. Aelf’s architecture consists of a main chain that oversees the network and multiple side chains that can run independently, allowing for the efficient execution of smart contracts and DApps. This structure enables the platform to handle complex business scenarios and supports the development of various applications.

Aelf introduces a novel consensus mechanism, AEDPoS, which combines Delegated Proof of Stake (DPoS) elements with adaptive features to ensure network security and democratic governance. Token holders can vote on network upgrades and decisions, fostering a community-driven development process.

The whitepaper also details the tokenomics of the ELF token, which serves as the primary medium of exchange within the Aelf ecosystem. ELF tokens are used for transaction fees, deploying smart contracts, and participating in governance. The total supply of ELF tokens is capped at 1 billion, with a detailed allocation plan for various stakeholders, including the development team, advisors, and community incentives.

Aelf’s cross-chain communication protocol is another key focus of the whitepaper, enabling seamless interactions between the main chain, side chains, and other blockchain networks. This interoperability is crucial for the platform’s vision of creating a fully integrated blockchain ecosystem.

The whitepaper concludes with a roadmap outlining the development milestones and plans for the Aelf platform. It emphasizes the project’s commitment to creating a scalable, interoperable, and user-friendly blockchain infrastructure to support the next generation of blockchain applications.

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What is the price of Aelf (ELF)?

The current price of Aelf (ELF) in INR is ₹32.78 INR.

What is the current ELF market cap?

The current market capitalization of Aelf (ELF) is ₹24,03,33,10,171.76 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of ELF by the number of coins in circulation.

What is the current supply of Aelf (ELF)?

The current supply of Aelf (ELF) is 733389548.91 ELF. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Aelf (ELF)?

The 24-hour trading volume of Aelf (ELF) in INR is ₹67,95,62,920.07. This figure represents the total value of all ELF transactions across various exchanges within the last 24 hours.

How to Buy Aelf (ELF) in India?

To buy Aelf (ELF) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in ELF.

Can I buy Aelf (ELF) with UPI?

Yes, you can buy Aelf (ELF) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Aelf (ELF) to Indian Rupee (INR)?

To convert Aelf (ELF) to Indian Rupee (INR), you can use our ELF/INR conversion rates in real time.

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