VERDICT: Based on the price analysis and price prediction, it is expected that ELMON has a potential for growth in price that makes it a profitable investment.
The records suggest that Market Capitalization is low, and the price of ELMON can be very volatile compared to other cryptocurrencies. However, the ELMON token has shown steady growth despite ups and downs. It has growth potential, and it is expected that the prices might increase at a decent speed. It is predicted that it seems to be a profitable investment in the long term.
However, it is not expected that ELMON would reach $100 soon or within a year. It is predicted that in five to seven years it might reach half of $100. Considering all the records and price predictions given by technical analysts, it’s not expected that the price of ELMON would reach $100 any soon.
Elemon (ELMON) Fundamental Analysis
Blockchain technology and non-fungible token (NFT) have the potential to disrupt the traditional financial and banking system. Cryptocurrency utilizes these technologies to gain more popularity. At the same time, the video gaming industry has introduced NFT and blockchain technology to the public and has increased the number of users of this technology in several ways. Elemon is one of these NFT and blockchain technologies that provide a decentralized payment network.
In this article, we will go through the fundamental analysis of Elemon (ELMON), how it works, what it aims to do, and market price analysis to know its price value and worth. This article will provide you with all the essential information about ELMON, the market price prediction, and our price prediction based on existing ELMON records. In the end, this article tends to guide you through the process of purchasing Elemon (ELMON).
ELMON has combined NFT and blockchain technology to create unique and innovative digital features. It is a creative gaming project that utilizes blockchain technology and integrates with NFT or new generation IDLE RPG, enabling players a thrill of gaming and a source of investment that helps them earn a high income.
ELMON is a financial decentralized payment network hosted on Binance Smart Chain (BSC) that allows users to effectively develop and build their decentralized applications (DApp). ELMON is an Elemon token founded by Ky Cahn and Chung Nguyen. There is a total ELMON token supply of 2,000,000,000. These ELMON tokens are used for farming points that users can use for NFT redemption. At the same time, these Elmon tokens serve as a payment currency in the NFT market.
ELMON aims to make blockchain technology accessible for the general public by tokenizing digital creatures, a play-to-earn concept.
ELMON has various investors and advisors who work together to improve quality and overcome multiple challenges. Some of them are:
Basics Capital
590 Ventures
Crypto Nation
KARDIA Ventures
KIS blockchain capitals
Coin Market Cap
RADA
Basics Capital
590 Ventures
Crypto Nation
KARDIA Ventures
KIS blockchain capitals
Coin Market Cap
RADA
Elemon (ELMON) Market Price Analysis
The data records suggest that the all-time high price of ELMON is $3.34, whereas the all-time low is around $0.06.
It suggests that ELMON is having a hard time as the recent price records indicate an overall decline in the price.
With this price and a circulating supply of 29.8 million ELMON, the market cap is around $23 million. The fully diluted market cap is around $1.45 billion.
It suggests that ELMON is having a hard time as the recent price records indicate an overall decline in the price.
With this price and a circulating supply of 29.8 million ELMON, the market cap is around $23 million. The fully diluted market cap is around $1.45 billion.
