MultiversX (EGLD) Price Prediction 2023 -2027 Is EGLD A Good Investment?


Are you looking to invest in MultiversX (EGLD) but unsure where it stands? If so, then you’ve come to the right place! In this article, we’ll give you all the information you need to make an informed decision about whether or not to invest in MultiversX (EGLD). We’ll discuss what MultiversX is, how it works, and provide a price prediction for the upcoming years.

What is MultiversX (EGLD)?

MultiversX is a blockchain protocol that aims to facilitate lightning-fast transactions through the use of sharding. It is a technology ecosystem for the new Internet, including fintech, decentralized finance, and the Internet of Things. The platform’s smart contract execution capabilities offer 15,000 transactions per second, a latency of six seconds, and a transaction cost of $0.001.

MultiversX platform is designed to facilitate the new internet economy, decentralized applications, and enterprise use. It stands out for its high scalability, being the first blockchain network to implement state, network, and transaction sharding. The platform’s economics paper aims to develop an ecosystem and establish EGLD as a valuable asset.

MultiversX rewards active participants in the community with EGLD tokens. EGLD, or Electronic Gold, is Elrond’s native token, which acts both as a store of value and a medium of exchange. Users pay transaction fees in EGLD, while validators receive EGLD for providing services on the platform.

EGLD is a utility token that enables developers to launch smart contracts, protocols, and dApps on the Elrond network. It gives users the ability to take part in network activities and rewards them with staking and validation rewards, as well as transaction fees. Additionally, EGLD holders can cast votes on network decisions, making it a governance token as well.

How Does MultiversX Work?

The project uses parallel processing to speed up the time and increase the number of transactions, segmenting the data into three categories: state, transactions, and network.

MultiversX is a comprehensive software platform that uses Adaptive State Sharding to scale up and share infrastructure. This allows for more applications and transactions to be added to the ledger. A variation of the traditional Proof-of-Stake (PoS) protocol ensures that all parts of the network, which are separated during sharding, remain connected to the platform. This integrated environment is used to develop decentralized applications (dApps) that emulate products and services.


MultiversX developers have crafted a unique adaptive sharding approach by combining three existing sharding methods. The network is divided into four shards: three of these shards, known as execution shards, process transactions and can validate up to 5400 transactions per second. The fourth shard, the Metachain, coordinates and finalizes transactions.

State sharding distributes the history of a network across multiple sections, or shards. Each shard has its own ledger and nodes store the state of each shard. Transaction sharding maps transactions to shards, which process them in parallel. Nodes capture the state of the entire network. Network sharding splits nodes into segments and optimizes communications using network slicing.

Founders Of MultiversX

In late 2017, Beniamin and Lucian Mincu, along with Lucian Todea, co-founded MultiversX to address blockchain scalability, the most pressing issue in the industry.

Before establishing MultiversX, Beniamin and Lucian Mincu had established two separate ventures: MetaChain Capital, a digital asset investment fund, and ICO Market Data, an aggregator of initial coin offering information. Beniamin Mincu was the CEO of MetaChain Capital, while Lucian Mincu was its Chief Technology Officer.

Beniamin Mincu was responsible for product, marketing, and community for blockchain platform NEM from 2014 to 2015, in addition to being an early investor in projects such as Zilliqa (ZIL), Tezos (XTZ), Brave, and Binance. His brother, Lucian Mincu, is an information technology engineer and security specialist, having worked with Uhrenwerk 24, Cetto, and Liebl Systems.

Lucian Todea is a serial tech entrepreneur and angel investor with a track record of investing in tech companies. He was the founder and CEO of Soft32, a software review and download site, and a partner of mobilPay, a mobile payments application. His investments include biometrics tech company TypingDNA and the accounting platform SmartBill.

Is MultiversX Secured?

MultiversX uses a consensus algorithm called Secure Proof-of-Stake in which participants must stake their EGLD tokens to be eligible to validate transactions. Each validator is given a rating based on past activity which determines if they’re chosen to validate. If a validator’s rating drops too low, they will not be selected and must pay the penalty. If a validator continues to behave in a way that goes against the network’s integrity, they can be removed and their stake will be reduced.


Validators are randomly selected in a way that cannot be foreseen or adjusted based on the prior round of validations. Furthermore, validators are periodically rearranged between shards to stop collusion. Nodes interact with each other using modified Boneh-Lynn-Shacham (BLS) multi-signatures to provide robust cryptographic protection.

Where To Buy MultiversX (EGLD)?

You can purchase EGLD on more than 25 crypto exchanges, such as Binance, OKEx, Kraken and KuCoin. You may trade EGLD against fiat currencies (like the U.S. dollar), cryptocurrencies (including Bitcoin and Binance Coin) and stablecoins (for example, Tether and Binance USD). You can also buy and sell EGLD on both spot and derivatives markets.

You can find EGLD on many crypto exchanges, but we recommend that you only purchase it from a well-known, trusted exchange to ensure security.

Historical Price Trend Of MultiversX (EGLD):

Investing is a big decision and we cannot take it lightly. We should have good knowledge about cryptocurrency before investing in it. Thus, in this article, we have tried to provide as much information as possible to ensure that you are well-acquainted with MultiverseX before investing your money in it.

By looking at the historical price trend of any cryptocurrency, it is possible to estimate its future.

In 2020, MultiversX (EGLD) began with a token price of $17. Throughout the year, the EGLD token experienced fluctuating prices, but by the end of the year, it had risen to $24-25. This was an impressive achievement, it did not disappoint its early investors.

2021 was a big year for EGLD; the price of EGLD was $25 at the beginning of the year and rose as high as $250 by the end of the year. There was significant fluctuation throughout the year, including EGLD reaching over $400 at one point. However, by the end of 2021, the price was trading near $250.


2021 was a great year for EGLD; however, 2022 was the opposite. EGLD started the year trading at $250, but by mid-year, it had fallen to $150. By the end of the year, it was trading below $40; thus, 2022 was a terrible year for EGLD.

Although EGLD is recovering from the price of 2022, the effects of 2022 on EGLD can still be seen in 2023. The coin is trading at $40 at the time of writing in 2023.

Our Price Prediction About MultiversX (EGLD)

EGLD Price Prediction 2023

The price of EGLD is predicted to increase in 2023, recovering from its decrease in 2022. It is expected that the value of EGLD will reach up to $60 by the end of the year.

EGLD Price Prediction 2024

We anticipate that MultiversX (EGLD) will experience growth in 2024. We predict that the price of EGLD will reach $83 by the middle of the year and $90 by the end of the year.

EGLD Price Prediction 2025 – 2027

MultiversX (EGLD) is a cryptocurrency that is projected to increase in value over time. The price of EGLD may experience some fluctuations, but it is expected to rise steadily. By the start of 2025, the value of EGLD is forecast to be $100 and it will reach $125 by the end of the year.

In 2026, we estimate that EGLD will be trading between $120 and $160. We anticipate that the price of EGLD will increase to $170 in the beginning of 2027, and it will reach nearly $195 by the end of the year.

Is MultiversX (EGLD) worth Investing in?

MultiversX (EGLD) is among the few cryptocurrencies that have the potential to grow in the future.


MultiversX (EGLD) is a good investment option. You can choose EGLD for your portfolio. This cryptocurrency will grow in the long term. But before investing in any cryptocurrency, be sure to have as much information as possible about the crypto project.

[Disclaimer: The content of this article is not intended as financial advice, and should not be construed as such. Neither nor the author is responsible for any investment decision made by any reader.]