ELY Crypto
ELY is trading at 0.1 as of the 24th of November 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for ELY are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
ELY is a digital token from a market place for p-2-p internet money denominated as Cryptocurrency. Please note that ELY has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as ELY are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as ELY are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
ELY Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. ELY's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding ELY or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
ELY is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Elysian is a decentralized E-commerce platform that builds websites on the blockchain for E-commerce merchants. The platform improves security by storing data across a distributed private network using Ethereum's private side-chain for Proof-of-Authority consensus. In addition, the platform creates enhanced user experience through the implementation of Artificial Intelligence for virtual assistance and simple website navigation, and Virtual Reality to promote increased user engagement to lower bounce rates in E-commerce. [Telegram](https://t.me/elysian%5Fely) | [Reddit](https://www.reddit.com/r/Elysian%5FELY/) | [Medium](https://medium. | |
| Other Smart Contract Address | View |
| Symbol | ELY |
| Technology Adoption Rating | E- |
| Market Performance Rating | C- |
| Name | ELY |
| Sponsored | false |
| Built On | ETH |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2018-06-04 |
| Full Name | Elysian (ELY) |
| Asset Website Url | https://elycoin.io/ |
| Asset Token Status | Finished |
| Platform Type | token |
| Coin Name | Elysian |
| Smart Contract Address | View |
ELY (ELY) is traded on CRYPTO Exchanges. ELY is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ELY's market, we take the total number of its shares issued and multiply it by ELY's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
ELY's Exchanges and Markets
ELY Risk Profiles
| Mean Deviation | 1.72 | |||
| Semi Deviation | 2.75 | |||
| Standard Deviation | 3.28 | |||
| Variance | 10.74 |
ELY Technical Analysis
When it comes to investing in cryptocurrency, such as ELY, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of ELY, which is currently traded at 0.1, shows everything you need to know about ELY market value. You don't have to consider the fundamental factors that affect a crypto asset, such as ELY, to determine its price movements. However, the ELY's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so ELY's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project ELY's future price trendTransformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
ELY Against Markets
ELY Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ELY crypto coin to make a market-neutral strategy. Peer analysis of ELY could also be used in its relative valuation, which is a method of valuing ELY by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having ELY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.