MultiversX Profile


USD 44.33  0.11  0.25%   

Market Performance
0 of 100
Odds Of Distress
Over 51
MultiversX is trading at 44.33 as of the 7th of December 2022, a 0.25 percent increase since the beginning of the trading day. MultiversX has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for MultiversX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of November 2022 and ending today, the 7th of December 2022. Click here to learn more.
MultiversX is peer-to-peer digital currency powered by the Blockchain technology. More on MultiversX
MultiversX is an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. MultiversX has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as MultiversX are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as MultiversX are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

MultiversX Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. MultiversX's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding MultiversX or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
MultiversX generated a negative expected return over the last 90 days
MultiversX has high historical volatility and very poor performance
MultiversX is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 14 exchanges in multiple currencies. Elrond is a novel architecture that goes beyond state-of-the-art by introducing a genuine State Sharding scheme for practical scalability, eliminating energy and computational waste while ensuring distributed fairness through a Secure Proof of Stake (SPoS) consensus mechanism. Having a strong focus on security, Elrond’s network is built to ensure resistance to known security problems like the Sybil attack, Rogue-key attack, Nothing at Stake attack, and others. In an ecosystem that strives for interconnectivity, Elrond’s solution for smart contracts offers an EVM compliant engine to ensure interoperability by design.Elrond (ERD) to Elrond (EGLD) swap:Following the launch of the Elrond Mainnet on the 30th of July, Elrond officially began the token swap from ERD to EGLD on the 3rd of September of 2020. The eGLD ticker is an abbreviation for eGold, denoting the metaphor of what the Elrond currency aims to become. Elrond's dedicated website Elrond Bridge enabled ERC20/BEP2 ERD holders to swap their tokens for eGLD at a 1000:1 ratio (1000 ERD (old) = 1 eGLD (new)).
Coin TypeMultiversX
Proof TypeSPoS
IndustryFinancial and Insurance Activities
Collateralized AssetNo
Technology Adoption RatingD+
Market Performance RatingD-
White PaperView
Is Tradingtrue
Asset Launch Date2020-09-03
Full NameMultiversX (EGLD)
Asset Website Url
Block Number49.48 Million
Platform Typeblockchain
Coin NameMultiversX
Total Coins Mined24.68 Million
MultiversX (EGLD) is traded on CRYPTO Exchanges. MultiversX is peer-to-peer digital currency powered by the Blockchain technology.

MultiversX's Exchanges and Markets

Kraken BitMart Binance Korbit DigiFinex Bithumb LBank Liquid HitBTC Bitfinex ZB Kucoin Bibox CoinEx

MultiversX Target Price Odds Analysis

What are MultiversX's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of MultiversX jumping above the current price in 90 days from now is about 84.18%. The MultiversX probability density function shows the probability of MultiversX crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MultiversX has a beta of -0.1429 suggesting as returns on benchmark increase, returns on holding MultiversX are expected to decrease at a much lower rate. During the bear market, however, MultiversX is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. MultiversX is significantly underperforming NYSE Composite.
  Odds Below 44.33HorizonTargetOdds Above 44.33
15.75%90 days
Based on a normal probability distribution, the odds of MultiversX to move above the current price in 90 days from now is about 84.18 (This MultiversX probability density function shows the probability of MultiversX Crypto Coin to fall within a particular range of prices over 90 days) .

MultiversX Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MultiversX market risk premium is the additional return an investor will receive from holding MultiversX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MultiversX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MultiversX's alpha and beta are two of the key measurements used to evaluate MultiversX's performance over the market, the standard measures of volatility play an important role as well.

MultiversX Technical Analysis

When it comes to investing in cryptocurrency, such as MultiversX, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of MultiversX, which is currently traded at 44.33, shows everything you need to know about MultiversX market value. You don't have to consider the fundamental factors that affect a crypto asset, such as MultiversX, to determine its price movements. However, the MultiversX's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so MultiversX's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project MultiversX's future price trend
The output start index for this execution was zero with a total number of output elements of sixty-one. MultiversX Price Movement is a mathematical transformation function to describe exponentially increasing price patterns.

MultiversX Against Markets

Picking the right benchmark for MultiversX crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MultiversX crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MultiversX is critical whether you are bullish or bearish towards MultiversX at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in MultiversX without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in MultiversX

You need to understand the risk of getting into digital currencies such as EGLD before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in MultiversX in four ways:

Buy EGLD through an exchange

Get yourself a crypto wallet before embarking on your MultiversX journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase MultiversX. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of MultiversX through an exchange

You don't have to buy a full token when starting out since EGLD is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade MultiversX through a broker

If you don't want to store your MultiversX Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in EGLD through an exchange-traded fund (ETF)

You can also invest in EGLD through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having MultiversX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Continue to Investing Opportunities. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for MultiversX Crypto Coin

When running MultiversX price analysis, check to measure MultiversX's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy MultiversX is operating at the current time. Most of MultiversX's value examination focuses on studying past and present price actions to predict the probability of MultiversX's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move MultiversX's coin price. Additionally, you may evaluate how adding MultiversX to your portfolios can decrease your overall portfolio volatility.
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