Elrond EGLD (eGold) has grown from less than $10 to more than $160 in a few weeks.
How far can it go?
The recent launch of Maiar is pumping the price higher, which is also due to their referral program. Please use my referall link below to earn $10:
Once you have downloaded the app and buy eGold, you will enjoy staking... and discover the ambitious targets of Elrond:
- Current: 341k users at $160
- Next step: 3M users... at which price?
How realistic is this forecast?
As their prediction is based on the number of users, let's compare it with the number of users or unique addresses for other coins:
- Bitcoin: 135M
- LINK: 424k
- SNX: 69k
It is interesting to see that eGold is not very far away from LINK in number of users and five times higher than SNX.
Therefore, the staking rewards have to be compared to evaluate the potential of this token.
How much can you earn with eGold staking?
The staking rewards are as follows:
With these staking rewards, which are the main interest of eGold, this token has the potential to get more users. However, the target of 3M users seems to be high for the short term. If the number of users doubled in the next few weeks, which looks realistic, it could pump the price above $200.
Therefore, an increase of the token value by more than 25% up to $200 seems realistic and could be reached by the end of the month.
You may click on the link below to download Maiar and earn rewards: