đ EGLD: The âNext Big Thingâ That Never Happened
Remember when MultiversX (formerly Elrond) and its native token EGLD were hyped as the future of blockchain? Fast-forward to April 2025: EGLD is limping along at $14.21, and the dream is all but dead.
Despite endless developer updates, fancy branding, and âcommunity sessions,â the market couldnât care less. The hype train has officially derailed â and the wreckage is ugly.
Price outlook? Bleak. Analysts suggest EGLD might stagnate between $12.63 and $18.42 this year â hardly exciting for a project once touted as revolutionary. Even the most delusional optimists are only whispering targets like $20.09 by December. Thatâs not mooning. Thatâs crawling.
And letâs talk performance:
Down 65% in the past year
Down 91% from its all-time high
Down bad in investor confidence
Itâs not a correction. Itâs a collapse.
Yet, some still clutch their bags like itâs 2021. Truth is, EGLD became the âNext Big Thingâ â just not in the way investors hoped. More like the Next Big Disappointment.
The worst part? Most wonât realize it until their portfolio is already ashes.