Elacoin (ELC) registered -0.47% decline in 24 hours

May 27, 2018 - By Ash

Elacoin (ELC) had a bad 24 hours as the crypto declined $-0.000366417000000008 or -0.47% trading at $0.07694757. According to International Crypto Analysts, Elacoin (ELC) eyes $0.084642327 target on the road to $0.165783615296264. ELC last traded at Yobit exchange. It had high of $0.102230343 and low of $0.07694757 for May 26-27. The open was $0.077313987.

Elacoin (ELC) is down -78.16% in the last 30 days from $0.3524 per coin. Its down -85.89% in the last 100 days since when traded at $0.5455 and the annual trend is up. 200 days ago ELC traded at $0.06067. Elacoin maximum coins available are 75.00M. ELC uses Scrypt algorithm and PoW proof type. It was started on 13/05/2013.

Elacoin (ELC) is a digital currency, based on Bitcoin and Litecoin. A scrypt proof of work coin with a 120 second block time and dynamic difficulty retargetting. The more network power directed at mining the more each block will reward, although this will halve roughly every nine months. The launch was preannounced to allow a fair start. Some criticism say inflation on this model will be uncontrollable.

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