Blockworks • Jun 10, 23
Crypto hiring: Binance, Circle make key hires amid SEC enforcement
Crypto hedge fund Arca also laid off 30% of its staff, a move it chalked up to an “extended bear market and uncertain regulatory environment.”
Read more
Elephant Money
ELEPHANT
4.9
Elephant Money is not supported by Coinbase.
Market
Market stats
Market cap
-
Volume (24h)
$572,886.18
Circulating supply
-
All time high
$0.00000059
Price change (1h)
-0.04%
Price change (24h)
-7.71%
Price change (7d)
-2.04%
Sign up now to get up to $400 in rewards
Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Elephant Money is on the decline this week.
The price of Elephant Money has fallen by 2.04% in the past 7 days. The price declined by 7.71% in the last 24 hours. In just the past hour, the price shrunk by 0.04%. The current price is $0.00000017 per ELEPHANT. Elephant Money is 71.69% below the all time high of $0.00000059.
The current circulating supply is 0 ELEPHANT.
Ratings
Average ratings from the community
4.9 out of 5
41 ratings
Community
4.9
(14)
Roadmap
4.9
(13)
Usefulness
5.0
(14)
This content is for informational purposes only.
Learn more
About
What Is Elephant Token (ELEPHANT)?
Elephant.Money is a permissionless economic integration system that aims to help communities build wealth through active and passive rewards. Elephant.Money aims to implement a voluntary, sustainable, and permissionless global economic engine. The engine is based on a set of high-quality blue-chip assets, a core reward token (ELEPHANT), and a stablecoin (TRUNK).
ELEPHANT is a native BEP-20 token(BSC token standard) of the Elephant Money Network based on the Binance Smart Chain. ELEPHANT offers equitable distribution value, automatic balancing burning mechanism, and uninterrupted lifetime manual rewards. ELEPHANT token holders are rewarded by holding tokens in their wallets. The holders receive a 10% transaction fee for each transaction. 5% of the transaction fee is distributed equally to all existing token holders, and 5% is added to the locked liquidity.
TRUNK is a partially collateralized Elephant Money Network stablecoin based on the Binance Smart Chain (BSC). The token captures value backed by an asset reserve that aims to provide $1 worth of redemption and stakes for high returns. TRUNK reserves are supported by 75% Binance USD (BUSD) and 25% by ELEPHANT. TRUNK also allows players to earn passive rewards from the 1% drip dividend pool by staking TRUNK to increase their earnings.
Compensation credits are generated upon issuance and redemption at 11% and 4% of the issued/redemption quantity, respectively. These rewards are shared between the TRUNK staking pool, the Elephant Money V2 storage pool, and the performance pool. All pools are rewarded with 1% of their daily balance. TRUNK also benefits ELEPHANT holders as 25% of the BUSD used to issue TRUNK will redeem ELEPHANT.
Stampede is Elephant Money Network's bonding system that users use to lend their TRUNK. Users can burn TRUNK and split 50/50 between the ELEPHANT Treasury and the ELEPHANT/BUSD PancakeSwapliquidity pool by participating in the system. The system can use the profits to pay income in the long run by linking TRUNK, regardless of market conditions. Bonds are linked to their wallet and can be added at any time.
Stampede aims to allow users to earn a fixed, low-risk return to enhance the ELEPHANT Treasury. Alternatively, since the rewards are paid in stablecoins, users can earn stable profits regardless of market conditions.
Related Assets
Trending assets
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Recently added
A selection of the most recently added cryptocurrencies.
Elephant Money Calculator
How much is 1 ELEPHANT?
Conversion Table
ELEPHANT/USD (US Dollar)
$0.00000017
ELEPHANT/CAD (Canadian Dollar)
CA$0.00000022
ELEPHANT/GBP (British Pound)
£0.00000013
ELEPHANT/JPY (Japanese Yen)
¥0.000023
ELEPHANT/INR (Indian Rupee)
₹0.000014
ELEPHANT/BRL (Brazilian Real)
R$0.00000082
ELEPHANT/EUR (Euro)
€0.00000016
ELEPHANT/NGN (Nigerian Naira)
NGN 0.000078
ELEPHANT/KRW (South Korean Won)
₩0.000216
ELEPHANT/SGD (Singapore Dollar)
S$0.00000023
Reading List
News
CoinDesk • Jun 10, 23
SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.
Read more
Blockworks • Jun 09, 23
Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed
These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.
Read more
Blockworks • Jun 09, 23
Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed
These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.
Read more
Decrypt • Jun 09, 23
Ava Labs Launches Avalanche Arcad3 to Help Game Studios Enter Web3
Avalanche Arcad3 is connecting traditional game publishers with crypto firms to help bring legacy IP into the fledgling Web3 gaming space.
Read more
CoinDesk • Jun 09, 23
The Memecoin Grift and How It Threatens Ethereum Culture
If Ethereum is to grow it’ll have to mature beyond the antics of those shilling the token-of-the-moment, says Paul Dylan-Ennis.
Read more
CoinDesk • Jun 09, 23
Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.
Read more
Coinbase Bytes
Coinbase Bytes
The week’s biggest crypto news, sent right to your inbox
Learn how we collect your information by visiting our Privacy Policy.
FAQ
What is the current price of Elephant Money?
We update our Elephant Money to USD currency in real-time. Get the live price of Elephant Money on Coinbase.
What is the market cap of Elephant Money?
The current market cap of Elephant Money is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Elephant Money?
The all-time high of Elephant Money is $0.00000059. This all-time high is highest price paid for Elephant Money since it was launched.
What is the 24 hour trading volume of Elephant Money?
Over the last 24 hours, the trading volume of Elephant Money is $572.89K.
What other assets are similar to Elephant Money?
Assets that have a similar market cap to Elephant Money include SpillWays, Defi Coin, DBX, and many others. To see a full list, see our comparable market cap assets.
How many Elephant Money are there?
The current circulating supply of Elephant Money is 0.
Can I buy Elephant Money on Coinbase?
No, Elephant Money is not currently available on Coinbase, but you can sign up to get the latest news on Elephant Money and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.