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Elcoin

Elcoin (EL)

$ 0.00
-4.45 %
Main info
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Comments
Markets
Analytics
Market cap
$12.2M
-4.45 %
Volume (24h)
$908.72K
-4.45 %
Circulating supply
6,803,300,705 EL
Total supply
6,803,300,705 EL
Max. supply
7,000,000,000 EL

Key data

updated $0
Market cap$12.2M
Volume 24h$908.72K
Circulating supply6.8B97% of max 7B
All-time high$0.07-97% from peak · 2021-04-01

Elcoin (EL) is a cryptocurrency running on a smart contract at address 0x18edc1b644839eed61c69e624e96bbd469a2ef52. In simple terms, it's a digital token that can be sent and received without a bank in the middle. The project has a hard cap of 7 billion coins, meaning no more will ever be created.

Frequently asked questions

What is Elcoin and how is it different from Bitcoin?

Elcoin (EL) is a token built on a smart contract, unlike Bitcoin, which runs on its own blockchain. This means EL relies on an existing network for security and transfers rather than maintaining its own chain. Its fixed supply of 7 billion coins also differs from Bitcoin's 21 million cap.

How does Elcoin's technology work?

Elcoin operates through a smart contract at 0x18edc1b644839eed61c69e624e96bbd469a2ef52, which automatically handles transfers and balance records. Since it's contract-based, it inherits the security and consensus mechanism of the underlying network. No central party can manually edit balances — the contract code is the final authority.

How is Elcoin's supply structured?

Elcoin has a hard cap of 7,000,000,000 coins, so the total supply can never exceed that number. This fixed limit is written into the smart contract and cannot be changed later. It's a common design choice meant to prevent endless inflation of the token.

How can I store and use Elcoin?

Because EL is a smart contract token, any wallet that supports contract tokens and the underlying network can hold it. You can send and receive EL using your wallet's address, and the official site at 7elephant.org is the primary source for project information. Always double-check the contract address before making any transfer to avoid fake tokens.