MultiversX EGLD Price Prediction 2024, 2025, 2026 – 2030

MultiversX EGLD Price Prediction – MultiversX, once known as Elrond, is a decentralized blockchain platform that works really fast and can handle a lot of transactions. They changed their name to focus more on the metaverse. Basically, MultiversX helps create and grow metaverse projects and NFTs by providing better blockchain technology.

MultiversX, eGold (EGLD), is a coin that does three main things: it helps keep the network secure, lets you vote on network changes, and is used to pay for transactions.

We predict the price of our MultiversX EGLD token by considering many things that can influence it, like the overall economy, how useful the coin is, the basic principles it’s built on, how excited people are about it, and studying its price trends.

MultiversX EGLD Price Prediction 2024, 2025, – 2030

• Our prediction says the MultiversX token might cost around $116 in 2024 on average.
• According to our guess, the EGLD token might reach up to $200 by the end of 2024.
• Our analysis suggests that the EGLD token could be traded between $50 and $285 in 2025.
• The prediction for the MultiversX token’s price in 2030 hints it could reach as high as $520.

Year	Potential Low	Average Price	Potential High
2024	$32	$116	$200
2025	$50	$167	$285
2026	$40	$120	$200
2030	$194	$357	$520

MultiversX EGLD Price History

MultiversX EGLD is the main coin used on the MultiversX blockchain. It started in July 2019 through a crowdfunding event where it gathered $5.15 million. In 2020, EGLD hit its cheapest value of $6.54. After that, its price began to rise gradually.

One year after, EGLD reached its highest point at $238 in April 2021, then dropped to $54 two months later. Later in November 2021, it surged to $542, its highest ever. But then, the price began to fall, hitting as low as $22 in September 2023.

In 2024, the price of EGLD went up a bit, surpassing $50. This happened around the same time MultiversX teamed up with Google BigQuery, making it easier to get blockchain data without special software.

MultiversX EGLD price history key points:

• EGLD started in the summer of 2019 with an initial coin offering (ICO).
• Its highest value was $542 in November 2023.
• The lowest it has been since it started was $6.54 in October 2020.
• Currently, there are 26.5 million EGLD tokens in circulation, giving it a market value of $1.5 billion.

MultiversX EGLD Price Prediction 2024

In early 2024, MultiversX EGLD’s price went up past $50, which is a significant price point. This is probably going to stay that way because big financial companies are starting to invest in cryptocurrencies, especially after the SEC approved Bitcoin ETFs.

Although EGLD isn’t directly connected to Bitcoin, it’s expected to gain from Bitcoin’s upcoming halving event in April 2024. Based on previous halvings, this typically marks the start of a strong upward trend in the cryptocurrency market.

In 2024, the MultiversX project is busy. It’s a separate blockchain where many projects are creating smart contracts and launching new apps.

These events help the ecosystem get bigger by bringing developers and investors together. There will be more events after 2024 to help the MetaversX blockchain grow.

Due to many good things happening in 2024, EGLD’s price is expected to go up to about $116 on average. However, Coinpedia predicts a lower average price for EGLD in 2024, around $69.

MultiversX EGLD Price Prediction 2025

If 2024 turns out to be a really good year for the economy, prices might go down in 2025. The CEO of BlackRock thinks the US might have a recession in 2025, and if that happens, it could hurt the value of cryptocurrencies like MultiversX EGLD.

That means MultiversX EGLD will probably reach its highest price at $285 at the beginning of the year and then gradually go down to $50 by the end of 2025. But even if that happens, it doesn’t mean the project will fail. If MultiversX has strong basics, it could gain a lot more users quickly during this period.

Since MultiversX EGLD serves as both the utility and governance token for the MultiversX blockchain, it will probably stay in high demand even if the market isn’t doing well. Also, since there are only 30 million EGLD tokens available, they might become rare. This could lead to EGLD being more sought after in the next market upturn.

In 2025, CoinCodex experts notice a big difference in prices, with the lowest price being $54.19 and the highest being $424.95 for the year.

EGLD Token Price Prediction Long-Term 2026-2030 Forecast

We don’t have plans laid out for projects beyond 2026, so any guesses we make about prices now are just guesses.

Between 2026 and 2030, we might see another up-and-down pattern in cryptocurrency values. This means the price of EGLD will probably go up and down between certain levels. Since MultiversX is a good project with a strong base, we’ll use technical analysis to guess where the price might go.

MultiversX EGLD has two important price levels. If it breaks $100, it could trade between $100 and $200. Our prediction suggests that EGLD might reach $200 by 2026 and could possibly surpass its previous high of $520 by 2030.

CryptoNewsZ experts predict that MultiversX EGLD will likely trade at prices ranging from $96 in 2026 to $366 by 2030.

Read Also: Bitcoin Minetrix Price Prediction 2024, 2025, 2030

Potential Highs & Lows of MultiversX EGLD Token Price

EGLD is the main coin used in the MultiversX blockchain. This blockchain is made to be quicker than Ethereum and other blockchains. It offers lower transaction fees, which makes it easy to create decentralized finance and multiverse gaming apps.

This token isn’t new. It’s been around since 2019 and has experienced ups and downs in the market. It has traded between $6.54 and $542. Right now, it’s trading at around $54. That means it has the potential to increase significantly to reach at least half of its highest value ever. Also, the blockchain supporting this token is more developed now, with more users and developers involved.

Since 2024 might be a good year for cryptocurrencies, here are our forecasts for EGLD prices from 2024 to 2030:

Year	Potential Low	Average Price	Potential High
2024	$32	$116	$200
2025	$50	$167	$285
2026	$40	$120	$200
2030	$194	$357	$520

What do other analysts predict for MultiverseX Token EGLD?

Different experts have different opinions on where the price of EGLD (the native coin of MultiversX) is headed. We gathered predictions from top experts to show you what they think about its direction in the coming years.

Changelly experts think EGLD will be traded for prices between $50 and $85 in 2024. They predict that by December 2025, EGLD will reach its highest price at $131.

CoinCodex predicts that the price of EGLD will be somewhere between $54 and $526 from 2025 to 2030.

Experts at CoinPedia predict that in 2024, EGLD will trade between $51 and $87. In 2025, it's expected to be between $65 and $118. By 2030, they anticipate the highest point, with EGLD reaching $252.

According to experts at PricePrediction.net, they expect the price of EGLD to be between $62 and $74 in 2024 and between $589 and $680 in 2030. This prediction is the most hopeful one yet.

However, experts at CoinLore predict that EGLD could be traded for as much as $278 by the year 2030.

What is MultiversX (EGLD) and What is it Used for?

MultiversX used to be called Elrond. It’s a complete blockchain that can handle smart contracts. When it changed its name to MultiversX in 2022, it signaled a strong emphasis on creating the metaverse.

It’s no shocker that its transaction costs are only about $0.002 and it can handle up to 263,000 transactions per second. Just to compare, Solana’s theoretical transaction rate is 65,000 transactions per second.

The main thing here is the EGLD token. It works as both a governance token, allowing holders to vote on big decisions, and a utility token, used by users to pay for transaction fees. Also, if you stake EGLD, you can earn rewards while helping to secure the blockchain.

Like Bitcoin, which only has 21 million coins available, EGLD also has a limited supply of 30 million coins. This means it can potentially increase in value more easily than coins or tokens with billions or more in supply.

MultiversX (EGLD) Overview

Cryptocurrency	MultiversX
Ticker Symbol	EGLD
Rank	53
Price change 24H	1.04%
Market cap	$1.45 billion
Circulating supply	26.5 million
Trading volume 24h	$33.5 million
All-time high	$542.57
All-time low	$6.55

What Influences the Price of MultiversX EGLD?

The cost of MultiversX EGLD goes up and down because of different things like big-picture economics, how excited people are about it, and how the project is doing.

The project’s growth is likely the biggest factor because there’s only a set number of coins, and if more people use it, they’ll need to buy EGLD for transactions.

Is MultiversX (EGLD) a Buy?

Right now, EGLD is being sold for much less, about $54 less than its highest price ever of $542. This suggests that EGLD could increase in value further. Right now, it’s facing a challenge to go beyond $100, which means it might double in value before trying to surpass that price level.

Many projects are now on MultiversX, and more are expected to come. This makes MultiversX a strong project. If you were thinking about buying EGLD when its price was $200 or higher, buying it now at a lower price could be a good idea. This is especially true if 2024 ends up being a good year for cryptocurrencies, which many investors think it will be.

Best Place To Buy MultiversX (EGLD) In 2024

Right now in 2024, PrimeXBT is the top choice for trading EGLD through CFDs. It’s a platform trusted by more than 1 million users in over 150 countries. You can use it to buy and trade various cryptocurrencies, crypto futures, and other assets like forex, commodities, and indices.

Besides buying EGLD in the usual way, you can also trade EGLD futures with up to 10 times the borrowed money. For instance, with $1,000, you can control $10,000 worth of EGLD. While this offers the potential for bigger gains, it also poses the risk of bigger losses. Therefore, it’s mainly for skilled traders.

PrimeXBT charges very low fees for trading cryptocurrencies. If you’re trading EGLD, you’ll pay either 0.01% if you set a limit order (market making) or 0.02% if you set a market order (market taking). These fees are similar to what big cryptocurrency exchanges charge.

As a PrimeXBT user, you can use a great online trading platform to trade various assets easily from one place. Plus, if you like trading on your phone, the mobile app for iOS and Android is really good too.

CFD crypto traders can use PrimeXBT, a comprehensive platform for trading CFDs on cryptocurrencies. It offers many features and supports various assets. Click the link to try PrimeXBT now.

Conclusion

MultiversX EGLD is the token used for governing and using the MultiversX blockchain. There are only 30 million coins available, so it could become very valuable when the market is doing well.

But, before investing in any cryptocurrency, make sure to research thoroughly. Also, compare different cryptocurrencies to find the one that suits your financial goals best.

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