EGLD Tokenomics: Scarcity and Growth Potential in Crypto

Technology and Performance:MultiversX uses adaptive state sharding and Secure Proof-of-Stake (SPoS) consensus, which could make it highly scalable and efficient. It claims to handle up to 100,000 transactions per second with low latency and cost, potentially attracting developers and users.

Sustainability:The platform is carbon-negative, a feature that may appeal to investors prioritizing environmental impact, especially in today’s regulatory climate.

Tokenomics:EGLD has a capped supply of about 31.4 million tokens, which could help maintain or increase value if demand grows, offering a scarcity advantage for investors.

Growing Ecosystem:Partnerships, such as with Animoca Brands, and a list of projects built on the platform suggest a developing ecosystem, which could drive future adoption and value.

Market Position:With a current market cap of around $570 million to $686 million and a price of $20–25, EGLD is smaller than major players like Ethereum, potentially leaving room for growth!

Oh and MultiversX just launched a stablecoin 😉