Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue?

Cointelegraph

Published Dec 18, 2020 08:52AM ET

Updated Dec 18, 2020 10:40AM ET

With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past 24 hours and nearing its all-time high.

The current highs above $27 is an increase of over 200% in December and more than 1,500% year-to-date, marking an extremely bullish year for this project.

EGLD/USD 1-day chart. Source: TradingView
EGLD/BTC 1-day chart. Source: TradingView

Continue Reading on Coin Telegraph