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About ELFI

ELYFI is DeFi project to utilize real assets brought on-chain through the ELYSIA protocol. ELYSIA is a project that tokenizes real assets. ELYSIA is a protocol that makes real assets into asset tokens (NFTs) to be used on-chain, and the asset tokens created in this way can be used in ELYSIA’s DeFi, ELYFI. Participants in the ELYFI Protocol can obtain investment returns by supplying liquidity to the money pool or can borrow liquidity using asset tokens as collateral and can contribute to the protocol's stability and development through governance participation and staking.

ELYFI (ELFI) is a cryptocurrency launched in 2022. ELFI has a current supply of 100.00M with 0 in circulation. The last known price of ELFI is 0.011623991208 USD and is -0.000237206394 over the last 24 hours. It is currently trading on active market(s) with $648.75 traded over the last 24 hours. More information can be found at https://www.elyfi.world.

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Updated Jun 24, 2024 12:44 pm
Mkt Cap $0
There's nothing here for now
SEC and Ripple Labs Dispute Continues: Key Developments
SEC and Ripple Labs Dispute Continues: Key Developments
According to CryptoPotato, the ongoing dispute between the United States Securities and Exchange Commission (SEC) and Ripple Labs regarding the classification of XRP as a security is expected to have significant implications for the entire industry. The case, which has been in progress for several years, is currently in the trial phase. David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned after serving the SEC for over nine years. His resignation came shortly after the SEC reduced its demanded penalty from Ripple from $2 billion to $102.6 million. This reduction was a response to Ripple's legal team's request for a penalty not exceeding $10 million. The SEC justified the revised penalty by comparing it to the gross profit of the violative conduct, resulting in a $102.6 million penalty, significantly higher than the $10 million cap insisted by Ripple. However, Ripple's legal challenges are not limited to the SEC case. Brad Garlinghouse, the company's CEO, is also involved in a separate lawsuit in California. This lawsuit is related to statements he made years ago about his personal investment in XRP. Despite the case proceeding to trial, the presiding judge dismissed several allegations, including those suggesting that Ripple violated federal securities law. Ripple's chief lawyer stated that the New York ruling that XRP is not a security remains undisturbed, and one state law claim based on a 2017 statement is going to trial. Garlinghouse reiterated his support for the statements he made in 2017 and considered the dismissal of allegations a significant victory for the company.
Jun 24, 2024 12:41 pm
Andrew Kang: Bitcoin may hit a new high in 2025, but we still need to be wary of extreme corrections in the next few months
Andrew Kang: Bitcoin may hit a new high in 2025, but we still need to be wary of extreme corrections in the next few months
Andrew Kang, co-founder of Mechanism Capital, wrote on X: "I began to realize that this is the first cycle and complete bull market that many cryptocurrency investors have experienced. Throughout the bull market, BTC's multi-day decline was very limited, limited to less than 20%, and many people seemed to have accumulated holdings in the last pullback in April. However, in the last cycle, the market often carried out leverage cleanup, resulting in a 30% to 60% retracement, evaporating hundreds of billions of dollars in total. Different cycles, different paradigms, but when people are too comfortable and believe that something is impossible, it is usually the time for disaster to strike. Although I am bearish, this is not to tell you to short the market or sell everything in the market. Be sure to pay attention to your risks and don't bet all your bets on a transaction. If our volatility is greater than expected, you may suffer huge losses." It added: "The current market environment reminds me of May 2021, not June 2021, let alone December 2020. At that time, we were used to only rising and competing for the bottom. We have experienced from $64K to $45K was a big correction, but everyone expected a bounce. But the end result was that the bottom was all the way down. We held out hope; more retail investors were coming, $40K was strong support, super cycle, etc. The same is true in the current environment. It was all 9-10 months after the bullish momentum started. Except this time it was the Ethereum ETF, and the legendary trader was bullish. I believe GCR’s timeframe is correct on a multi-year timeframe, and we will see BTC hit new highs in 2025 (but not all altcoins). This does not mean that the market will not experience extreme corrections on a few months timeframe. After all, the market will teach you how to be a person. ”
Jun 24, 2024 12:22 pm

Frequently Asked Questions

  • What is the all-time high price of ELYFI (ELFI)?

    The all-time high of ELFI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of ELYFI (ELFI) is 0. The current price of ELFI is down 0% from its all-time high.

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  • How much ELYFI (ELFI) is there in circulation?

    As of , there is currently 0 ELFI in circulation. ELFI has a maximum supply of 100.00M.

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  • What is the market cap of ELYFI (ELFI)?

    The current market cap of ELFI is 0. It is calculated by multiplying the current supply of ELFI by its real-time market price of 0.011623991208.

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  • What is the all-time low price of ELYFI (ELFI)?

    The all-time low of ELFI was 0 , from which the coin is now up 0%. The all-time low price of ELYFI (ELFI) is 0. The current price of ELFI is up 0% from its all-time low.

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  • Is ELYFI (ELFI) a good investment?

    ELYFI (ELFI) has a market capitalization of $0 and is ranked #9881 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze ELYFI (ELFI) price trends and patterns to find the best time to purchase ELFI.

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