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10/4/2022, 3:36:45 PM

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Elemon is on the rise this week.

The price of Elemon has risen by 3.80% in the past 7 days. The price increased by 1.43% in the last 24 hours. In just the past hour, the price shrunk by 0.95%. The current price is $0.010937 per ELMON. Elemon is 99.67% below the all time high of $3.32.

The current circulating supply is 94,275,000 ELMON.


What Is Elemon (ELMON)?

Elemon is a platform that features the tokenization of digital creatures in a virtual universe. According to the whitepaper, the platform is based on Binance Smart Chain. The Elemon platform aims to be the first ecosystem to combine the thrill of gaming and the value of digital collectibles. The platform intends to transform such collectibles into a digital creature’s universe. The platform’s motive is to harness the use of a next-level non-fungible token (NFT) based gameplay and integrate that with a blockchain-based decentralized finance (DeFi) system, thus making the overall game not only fun but also investment-friendly.

According to the document, cryptocurrencies have been used for a long time to solve various challenges in the past. This includes transparently sending decentralized data. Also, cryptocurrencies are widely accepted because of the non-interference of any intermediary. Moreover, traditional financial institutions make the cost of transactions huge. Thus, Elemon seeks to leverage the advantages of cryptocurrencies and give back to society so that they cannot be further exploited. The platform’s mission is to create a user-friendly and blockchain-based play-to-earn ecosystem.

With the help of Elemon’s ecosystem, the platform seeks to make blockchain technology accessible to common consumers. The platform seeks to tokenize the digital creatures. According to the website, the platform aims to be the best ideal role-playing game on the blockchain. The platform offers a Player versus Player (PvP) arena as well. A user can evolve their Elemons to perform better. The users can also fight world boss and other tournament and e-sport campaigns.

The platform’s native token is ELMON. ELMON is a utility token of the ecosystem. Users can use ELMON tokens to yield farming and to redeem NFTs. Moreover, the tokens can be used as a mode of payment in the NFT marketplace along with other different tokens accepted by the platform.

History of Elemon (ELMON)

The Elemon platform got founded in the first quarter of 2022. The first phase of metaverse got completed during the second quarter of 2022. The founder of the platform is Ky Canh (CMO). The co-founding team of the project includes Chung Nguyen (CEO) and Trang Nguyen (director). The total supply of ELMON is two billion.

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What is the current price of Elemon?

The price of 1 Elemon currently costs $0.0109.

What is the market cap of Elemon?

The current market cap of Elemon is $1.03M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Elemon?

The all-time high of Elemon is $3.32. This all-time high is highest price paid for Elemon since it was launched.

What is the 24 hour trading volume of Elemon?

Over the last 24 hours, the trading volume of Elemon is $24.77K.

What other assets are similar to Elemon?

Assets that have a similar market cap to Elemon include Shirtum, DEXA COIN, Iconic Token, and many others. To see a full list, see our comparable market cap assets.

How many Elemon are there?

The current circulating supply of Elemon is 94 million.

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