One of the hottest cryptocurrencies in the market right now is Lorde Edge. It soared as much as 825% on its 1st day of trading and it is already proving to be popular. With such a massive increase in its value, it should come as no surprise that Lorde Edge has become the new crypto that everyone wants to know more about. Let’s look at this new cryptocurrency a little more closely.
What is Lorde Edge Crypto?
Tesla CEO Elon Musk changed his name on Twitter to "Lorde Edge" on Sunday. The change sparked speculation among the Twitterati about what the name change might mean. In response, some people jumped on the opportunity and created a cryptocurrency named after the billionaire's new Twitter name.
Lorde Edge crypto (EDGELON) began trading Monday with nearly $27 million worth of trading volume. The price hit a high of $0.00002954, an increase of 825% from the opening price of $0.000003192.
"We are LIVE and BOOMING! @elonmusk Lorde Edge is with us!," claimed EDGELON on Twitter. However, there was no indication from Musk himself that he was taking part in the coin.
The Lorde Edge crypto coin price is $0.000006 USD with a 24-hour trading volume of $70,904.84 USD. The coin is up 64.73% in the last 24 hours and is ranked #4587 on CoinMarketCap.
Is Lorde Edge the New Dogelon?
Dogelon Coin made a 3,780% gain in the month of October. The coin was traded at $0.00000229 on November 1, up from $0.00000005 on October 1. It made a 200% leap on Oct. 29 & 30 and the surge pushed the coin's market capitalization from $26 million to $1.19 billion in a month, making it the 92nd largest cryptocurrency in the world by market cap.
Dogelon coin has been in existence for several months now, while Lorde Edge Crypto is relatively new. It has only been trading for around three days, which means it is very early to say whether Lorde Edge is going to be as successful as Dogelon Coin. The early signs are positive, but it will be interesting to see if Lorde Edge crypto can maintain its momentum and gain further ground. Check back here for more updates on Lorde Edge Crypto!