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EGLD / USDT live price chart

Both EGLD price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.

On January 8, 2024, the EGLD to USDT conversion rate stood at approximately 55.53. Over the coming days, this conversion rate notched a slight increase, reaching around 56.21 by January 12. The market dynamics in this period were influenced by a combination of factors, including demand for Elrond (EGLD) and the broader performance of the crypto market. The positive momentum carried the EGLD to USDT exchange ratio to about 58.10 on January 18. However, a short-lived correction on January 22 caused the conversion rate to dip to approximately 56.80, showcasing the inherent volatility in the cryptocurrency space.

By February 16, it had climbed to approximately 59.12, reflecting the growing interest in Elrond. However, a market correction in late February, influenced by Bitcoin's price movements, led to a decline in the EGLD to USDT conversion rate, which reached around 54.87 on February 28. March brought a mix of upward and downward trends for the EGLD to USDT conversion rate, ending the month at approximately 55.91. This period was characterized by a tug-of-war between bullish and bearish sentiments in the broader crypto market.

As April unfolded, the conversion rate stabilized within a relatively narrow range, signaling a period of consolidation and establishment of new market dynamics. On April 30, the EGLD to USDT exchange ratio was approximately 55.32, showing resilience and stability. The subsequent months, including May and June, witnessed continued stability in the conversion rate, fluctuating within a relatively confined range. On July 6, the conversion rate was approximately 54.98, indicating a consistent value compared to the preceding weeks.