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Elastos is an operating system that uses the Internet as its underlying infrastructure. According to the latest market data, as of 12:08 on September 6, 2021, the price of ELA currency is US$3.2297, and its historical highest price is US$93.9595. It appeared on February 24, 2018, and its lowest price in history was US$0.7925. It appeared on March 13, 2020. The circulating market value of ELA currency was US$59.8506 million, and the 24-hour transaction volume was US$1.4772 million. Currently, 9 coins have been listed. From the current data, the market circulation of ELA currency is still good. Many investors want to know what is the issuance price of ELA coin? Now let the editor of the currency circle introduce to you the issuance time and price of Elastos Coin.

 Introduction to Elastos Coin issuance time and price

According to the investigation of the currency circle editor, the ELA coin was issued on February 1, 2018, and the issue price was US$15.1520. According to the latest market data, as of 12:08 on September 2, 2021, the price of ELA currency is US$3.2297, its return on investment has reached -78.68%, its circulating market value is US$59.8506 million, and it ranks 180th globally. name.

As a long-established public chain, Elastos is currently doing very poorly. In the early days, all the bullish slogans were shouted, but it can be said that none of them have been realized so far. The currency price has dropped from the high point to only a fraction. Moreover, as a domestic public chain, there is almost no operation on WeChat and Weibo, except for occasional project announcements.
Daily activities are very minimal. All the big guys from the previous platform have also disappeared, and it can be said that the popularity has plummeted compared to the initial stage of the launch.

The project code has always been submitted for development, but there is no layout in the current hot field, and the imagination space is limited, making it difficult to attract the attention of funds.

The only thing that can be gained now is the security of Bitcoin's computing power. If you participate in Bitcoin mining, you can get ELA rewards. It is easier to establish consensus and there is sufficient security guarantee.

 What about Elastos Coin?

ela Elastos is a domestic currency. When it was first born, it was called the light of China. But now ela can be said to be nothing but feathers.

Elastos, whose English name is Elastos, claims to be an operating system that allows blockchain to deliver daily scenarios. Combined with its sandbox isolation mechanism and network isolation mechanism, digital assets can be confirmed. It claims to create a new smart special economic zone on the traditional Internet and make ela the basic token circulating in the special economic zone.

The founder of the project is very famous. His name is Chen Rong. He is currently the chairman of Shanghai Cotai Century Technology Co., Ltd. He graduated from the Computer Science Department of Tsinghua University, received a master's degree in the United States, joined Microsoft, and was interviewed by top leaders. It can be said that the resume is very glorious. However, it did not prevent him from cashing out at the high point of ela and buying a luxury swimming pool.

The main uses of ela tokens include:

DApps developed on Elastos will use ELA to pay for the services used;

Ecosystem cooperation projects must lock no less than 2%-5% of the project’s tokens, 20% of these tokens are used for the development of the Elastos Fund, and 80% are awarded to ELA holders;

Register an ID on Elastos and use it to purchase services, etc.

Taken together, it can be said that none of the awesome coins that Elastos boasted have been realized, except that they have realized the founder’s dream of a mansion and swimming pool. Sooner or later, this ela will have to return to zero. Because there are only a few transactions packaged in each block on the blockchain browser, which is too deserted.

To sum up, this is the answer of the editor of Coin Circle to the question of what is the issuance price of ELA coin. I hope that the editor of Coin Circle’s introduction about the issuance time and price of Elastos Coin can help investors to be more comprehensive. Objectively understand the ELA currency. The editor of the currency circle here reminds all investors that as an old domestic public chain, the current development of ELA coin is indeed very unsatisfactory. As loud as the slogan was in the early stage, the current development of this project will be as hard as it is Face. For this kind of currency that only engages in marketing but has little strength, everyone must stay away. You may wish to take a look at other domestic public chains, and there are many that are developing well.