aelf (ELF) Live Price Chart & History

Live ELF / USD Price Chart

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Price USD -17.12%
$1.353600
Price BTC
0.00012791
Volatility (7d)
3.75 %
Volatility (30d)
2.91 %
Market Cap USD
$338.4M
Market Share
Since launching at $1.10111 on 21/12/2017 aelf has achieved a price of $1.3536, falling -3.81% in the last week alone.

aelf Price Analysis: Predictions and Forecasts

Why buy aelf? What is it used for?

ælf, is a decentralized self-evolving cloud computing network. To establish a Blockchain infrastructure for various commercial requirements, ælf provides a highly efficient multi-chain parallel-processing system with cross-chain communication and self-evolving governance. It brings three innovations namely scalable nodes on cluster of computers, resource isolation for smart contracts via “one chain to one smart contract” and voting through token holders. ELF tokens are used to pay resource fees in the system, such as deployment of smart contracts, operating and upgrading of systems (transaction fees, cross-chain data transfer fees). It also enables community to vote on major decisions, such as electing mining nodes, introducing new features to the system and other major decisions... The Blockchain community has witnessed rapid development in the past few years. Firstly emerged as a secured decentralized P2P transfer mechanism, Satoshi's Bitcoin has proved the concept of decentralized crypto-currency. Ethereum then contributed the community with successful implementation of versatile "Smart Contracts". It unleashed great potential of Blockchain into numerous applications and industries. As a result, many alternative crypto assets have been built upon these Blockchains. This is only the dawn of Blockchain, as the boundary between Blockchain Community and business world are yet to be broken. We are at a turning point that the next phase of Blockchain will lead the integration between Blockchain and physical business world, and inevitably bring in much more solid digital assets. In order to enter the new paradigm of Blockchain, there needs to be a versatile Operating System designed to meet commercial needs. This Chain has to address three main challenges: 1. Current Blockchains are not scalable, as the performance of one single node/mining machine determines the performance of the whole system. 2. Current Blockchains do not segregate resources for different Smart Contracts, leading to interference among Smart Contract executions. 3. Current Blockchains do not have pre-defined Consensus Protocol to adopt updates or new technology. This white paper introduces a highly efficient Blockchain architecture which incorporated State-of-Art IT design principles and technologies to bring it up to commercial standard. We envision it creates a "Linux eco-system" for Blockchain. We focus on defining and providing the most basic, essential and time-consuming components of the system and making significant improvements based on existing Chains in the market. The system allows developers to customize it to meet their own needs, particularly commercial requirements for various industries. It will contain the below main features: 1. Introduces the concept of Main Chain and multi-layer Side Chains to handle various commercial scenarios. One chain is designed for one use case, distributing different tasks on multiple chains and improve processing efficiency 2. Enables Ælf to communicate with external Blockchain systems via messaging, e.g. Bitcoin, Ethereum 3. Permits parallel processing for non-competing transactions and cloud-based service 4. Defines basic components of minimum viable Block and Genesis Smart Contract Collection for each Chain to reduce data complexity and achieve high customization 5. Permits stakeholders to approve amendments to the protocol, including redefining the Consensus Protocol; Permits Side Chains to join or exit from Main Chain dynamically based on Consensus Protocol, therefore introducing competition and incentive to improve each Side Chain
aelf was launched in 21/12/2017. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the N/A algorithm. aelf's goals include Aelf (formerly Grid) main goal is to create a decentralized cloud computing network..

Trading aelf : The Best Platforms to trade ELF

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aelf Trading: How To Buy + Trade ELF

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a aelf wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades ELF
  5. Exchange your BTC, ETH or LTC for an amount of ELF, depending on the current exchange rate
  6. Move your aelf coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading ELF on an exchange

As you can see, the process for trading aelf is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of aelf crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before aelf goes to zero

You can see our list of featured trading platforms here

Will the price aelf fall continue to rise?

It's impossible to predict for sure if aelf is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days aelf has fallen by -3.81%
  • In the past month it has gained 15.37773319416%
  • In total it has appreciated by $0.25249 since its inception, a change of 122.93%

Can aelf reach, replace, pass or overtake bitcoin?

At present aelf is trading at 0.00012791 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 781,799.7%. If we assume aelf continued to as it has in the last month - with a price change of 15.38% it would take 5.4256151472992 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of ELF is going to take off and increase in price to a higher level we've done the math for you.
In order for aelf to reach $5.00 it needs to increase in price by a factor of 3.69x. Given its present growth rate of 15.38% per month, it could take just 6.0 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%99.9%
1 month5.8%94.1%
3 months18.2%81.7%
6 months26.1%73.8%
1 year32.6%67.3%
2 years37.5%62.4%
3 years39.7%60.2%
4 years41.1%58.8%
5 years42%57.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $10.00 it needs to increase in price by a factor of 7.39x. Given its present growth rate of 15.38% per month, it could take just 9.1 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0.8%99.1%
3 months8.2%91.7%
6 months16.3%83.6%
1 year24.5%75.4%
2 years31.3%68.6%
3 years34.5%65.4%
4 years36.5%63.4%
5 years37.9%62%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $15.00 it needs to increase in price by a factor of 11.08x. Given its present growth rate of 15.38% per month, it could take just 11.0 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0.1%99.8%
3 months4.7%95.2%
6 months11.9%88%
1 year20.3%79.6%
2 years27.9%72%
3 years31.6%68.3%
4 years33.9%66%
5 years35.5%64.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $25.00 it needs to increase in price by a factor of 18.47x. Given its present growth rate of 15.38% per month, it could take just 1.1 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months2.1%97.8%
6 months7.6%92.3%
1 year15.7%84.2%
2 years23.9%76%
3 years28.1%71.8%
4 years30.7%69.2%
5 years32.6%67.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $50.00 it needs to increase in price by a factor of 36.94x. Given its present growth rate of 15.38% per month, it could take just 1.4 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%99.9%
3 months0.6%99.3%
6 months3.8%96.1%
1 year10.7%89.2%
2 years18.9%81%
3 years23.6%76.3%
4 years26.7%73.2%
5 years28.9%71%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $100.00 it needs to increase in price by a factor of 73.88x. Given its present growth rate of 15.38% per month, it could take just 1.6 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0.1%99.8%
6 months1.7%98.2%
1 year6.9%93%
2 years14.7%85.2%
3 years19.6%80.3%
4 years22.9%77%
5 years25.3%74.6%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $200.00 it needs to increase in price by a factor of 147.75x. Given its present growth rate of 15.38% per month, it could take just 1.9 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.7%99.2%
1 year4.2%95.7%
2 years11.2%88.7%
3 years16%83.9%
4 years19.5%80.4%
5 years22.1%77.8%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $300.00 it needs to increase in price by a factor of 221.63x. Given its present growth rate of 15.38% per month, it could take just 2.1 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.4%99.5%
1 year3.1%96.8%
2 years9.4%90.5%
3 years14.1%85.8%
4 years17.6%82.3%
5 years20.2%79.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for aelf to reach $400.00 it needs to increase in price by a factor of 295.51x. Given its present growth rate of 15.38% per month, it could take just 2.2 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.2%99.7%
1 year2.5%97.4%
2 years8.3%91.6%
3 years12.9%87%
4 years16.3%83.6%
5 years19%80.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is aelf a good investment? Is it safe to put my money into ELF?

No, it is not a 'good investment' to buy aelf, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading aelf as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of ELF - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

aelf Development + Team

There are @research_team_dev_size developers coding the source behind aelf There are no sales or marketing staff on the team which could impede the coin's growth.

aelf publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for aelf is lead by Ma Hoabo,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on aelf's development

.

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