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Elephant Money



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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.


Average ratings from the community

4.9 out of 5

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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.

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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.