The altcoin developer team of MultiversX (EGLD) created excitement with a post they shared on their official Twitter account.
According to the post, the team will announce an update for MultiversX on Friday, June 2, 2023 (Tomorrow) at 13.30 UTC. The post also included a link to the altcoin’s official Youtube channel.
There is currently no information about what the content of the announcement will be.
MultiversX (EGLD) is a highly scalable, powerful and decentralized blockchain network that uses data sharding to achieve high transaction speeds. The project describes itself as a technology ecosystem for the new internet that includes fintech, decentralized finance and the internet of things.
An update for #MultiversX.
Friday, 13:30 UTChttps://t.co/cHR9xeEERs pic.twitter.com/CJRsDWW0G5
— MultiversX (@MultiversX) June 1, 2023
The eGold (EGLD) token is the native token that powers the MultiversX cryptocurrency network, with various functions such as staking, governance, transactions, smart contracts, and validator rewards.
MultiversX’s tweet has created a lot of speculation and expectation among its followers and supporters who want to know what the update will bring.
At the time of this writing, the EGLD price is trading at $ 36.68 with an increase of 0.73% during the day. The token reached an all-time high of $542 on November 23, 2021.
*Not investment advice.
