Elrond gold continues to pulverize the resistance in the market – starts in another Bull run, one more time that confirms the great strength of a project that, at least in our opinion, is under-talked about.
A Bull run which was also triggered by the announcement of a cooperation with one of the most interesting protocols to run on Cardano and the recent introduction of. use in the ecosystem smart contract.
Elrond Gold is still leading the dance
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The collaboration between Elrond and Ardana is well received
Cooperation is important and has been made on the Elrond’s official blog, and thus triggers a hunt for purchases, which in all likelihood will continue for some time.
Cooperation is with Ardana, a log saved as a Hub for the Stablecoin those to the network of. belong Cardano, one of the most capitalized blockchain protocols in the world. $ EGLD it will be the first asset not native from Cardano that can be used as a safety for creating dUSD – exactly the token that was used on the. is anchored Value of the US dollar. This collaboration also allows you to share your $ EGLDs between Elrond is that of Cardano – Opening up to a sea of opportunities in terms of use – and greatly expand the scope of EGLD and its protocol.
Creative research into securing a stable coin with a non-native token is a good starting point for interoperability between the two networks – global ecosystems aimed at innovation and performance.
These are the words of Benjamin Mincuwho is the CEO of the Elrond NETwork project. Words added by Ryan Matovu – that is Founder and CEO of Ardana.
eGold is a scarce resource [in senso economico, NDR] with limited supply and high market demand. We are happy to have accepted the challenge of making it available on Ardana. In this way we will also be able to offer solid alternatives for the creation of dUSD, which is always secured with very strong assets.
What does this collaboration mean for Elrond?
The natural outcome for this type of collaboration is a possible 360 ° integration with Cardano – that will be one of the most important projects in the entire industry DeFi, also thanks to the innovations recently introduced with the latest update.
A possible integration that could only trigger the usual one hurry to buy on the part of investors – a race that significantly increased the market value of $ EGLD.
| OSCILLATOR | SIGNAL | INDICATOR | SIGNAL |
|---|---|---|---|
| IHK | BUY 🟢 | MOBILE MEDIA ESP (10) | BUY 🟢 |
| STOCASTIC | BUY 🟢 | SEM MOBILE MEDIA (10) | BUY 🟢 |
| INGENIOUS | NEUTRAL | MOBILE MEDIA ESP (20) | BUY 🟢 |
| SWING | BUY 🟢 | SEM MOBILE MEDIA (20) | BUY 🟢 |
| MACD | BUY 🟢 | MOBILE MEDIA ESP (50) | BUY 🟢 |
| ULTIMATE | NEUTRAL | SEM MOBILE MEDIA (50) | BUY 🟢 |
The main indicators and oscillators on Elrond ad 1 week
With all of the technical analysis indicators and moving averages signaling sustained upside potential, this could be a good time to open a position Elrond – Protocol with excellent prospects too medium and long term, assuming the Vivacity of the protocol will not indicate a decrease.
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