Cryptos:  11,085Exchanges:  390Market Cap:  $1,541,232,638,32724h Vol:  $91,233,460,223Dominance:  BTC: 48.4% ETH: 17.3%ETH Gas:  20 Gwei
Cryptos:  11,085Exchanges:  390Market Cap:  $1,541,232,638,32724h Vol:  $91,233,460,223Dominance:  BTC: 48.4% ETH: 17.3%ETH Gas:  20 Gwei
ELX

Energy LedgerELX

Rank #3179
Token
On 889 watchlists

Energy Ledger Price (ELX)

$0.01207
16.76%

0.000000304 BTC16.76%

0.000005281 ETH16.76%

Low:$0.009828
High:$0.01322
24h
ELX  Energy Ledger ELXPrice: $0.01207 16.76%
Market Cap
$1,846,515
0.00%
Fully Diluted Market Cap
$8,617,071
32.62%
Volume
24h
$155,593
249.59%
Volume / Market Cap
--
Self Reported Circulating Supply
153,000,000.00 ELX
Max Supply
714,000,000
Total Supply
714,000,000
Sponsored

Energy Ledger Chart

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ELX Price Live Data

The live Energy Ledger price today is $0.012069 USD with a 24-hour trading volume of $155,593 USD. Energy Ledger is up 16.76% in the last 24 hours. The current CoinMarketCap ranking is #3179, with a live market cap of not available. The circulating supply is not available and a max. supply of 714,000,000 ELX coins.

If you would like to know where to buy Energy Ledger, the top exchanges for trading in Energy Ledger are currently Bilaxy, Uniswap (V2), and Sushiswap. You can find others listed on our crypto exchanges page.

Energy Ledger Inc. seeks to make ELX the standard software development platform for energy value trade on the blockchain. The goal and intent of creating this generalized crypto-commodity is to (i) create a cryptocurrency that can be utilized by the energy industry to manage oil containers, and (ii) to incentivize the long term storage of crude oil through investment in the ecosystem. The idea for ELX was originally conceptualized in 2018 by founder and CEO of Energy Ledger Inc., William G. Pete, who identified the potential for Crude Oil markets to fall into contango or backwardation due to the lack of a computer system such as blockchain being developed to manage and understand the scarcity of storage for crude oil. As of April 2020, oil indexes such as WTI briefly fell negative because of contango patterns “Oil prices have been trading in a pattern known as contango this year, where spot prices and near-term futures are worth less than futures expiring several months from now” (Salzman, A., 2020) and “But suddenly this week, the super contango pattern shifted into a pattern called backwardation, if only briefly. Backwardation means oil today is worth more than oil in the future.” (Salzman, A., 2020). With this issue coming to fruition, Energy Ledger was formed to prove the concept and eventual execution of a deployed blockchain solution for crude oil storage units. Smart contract process characteristics portend potential business process continuous improvement for supply chain processes. The potential for supply chain business process improvements can be situated in blockchain information that may capture performance metrics in ledgers; linking them to agree upon processes (S. Saberi, M. Kouhizadeh, J. Sarkis & L. Shen., 2019).

The robust ecosystem available for smart contract development within the Ethereum Solidity Ecosystem, and IBM Hyperledger platforms became the catalyst for the development of Energy Ledger’s proposed solutions: i.) A public blockchain on Ethereum for developers to launch open source energy software utilizing the ELX token, ii.) A business, Energy Ledger Inc., whom will act as a consultancy firm for private enterprise blockchains, iii.) Development of tamper proof IoT flow meters & liquid level sensors for containers.

The company that issues the ELX Token is ERG Foundation Limited in Mauritius

The consulting arm of the company is Energy Ledger Inc.

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ELX

Energy Ledger

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USD

United States Dollar

ELX Price Statistics

Energy Ledger Price Today
Energy Ledger Price$0.01207
Price Change24h$0.001733
16.76%
24h Low / 24h High
$0.009828 /
$0.01322
Trading Volume24h$155,593.41
249.59%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#3179
Energy Ledger Market Cap
Market CapNo Data
Fully Diluted Market Cap$8,617,070.85
32.62%
Energy Ledger Price Yesterday
Yesterday's Low / High
$0.009828 /
$0.01322
Yesterday's Open / Close
$0.01081 /
$0.012
Yesterday's Change

11.08%

Yesterday's Volume$146,583.19
Energy Ledger Price History
7d Low / 7d High
$0.008786 /
$0.01322
30d Low / 30d High
$0.006153 /
$0.02963
90d Low / 90d High
$0.004815 /
$0.03357
52 Week Low / 52 Week High
$0.004815 /
$0.03357
All Time High
May 15, 2021 (2 months ago)
$0.03357
64.05%
All Time Low
Jun 26, 2021 (a month ago)
$0.004815
150.66%
Energy Ledger ROI
No Data
Energy Ledger Supply
Circulating SupplyNo Data
Total Supply714,000,000 ELX
Max Supply714,000,000 ELX