What Escoin Token is

Escoin Token (ELG) is a token issued on Ethereum, currently ranked 243rd by market capitalization among the assets we track. Rather than being its own blockchain, Escoin Token is a token issued on a host chain and traded across that ecosystem. Standardized sector tags are thin for it, which makes liquidity and the project's own materials the better guide.

Escoin Token (ELG) is a cryptocurrency designed to facilitate transactions and services within the Escoin ecosystem, promoting a seamless digital economy. It aims to enhance user engagement and reward participation in various applications.

How to approach Escoin Token

Escoin Token sits on top of an established chain, so the base-layer security is a given; the open question is real adoption. Market data and primary sources beat assumptions here.

ELG is not mined; it is issued as a token rather than secured by its own mining or staking layer.

Background & fundamentals

Escoin Token is issued as a token on Ethereum rather than running its own base-layer blockchain. Escoin Token first went live in 2020, giving it roughly 6 years of on-chain price history to draw on. Escoin Token operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation.

The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in ELG. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Polygon (MATIC) Token, and Binance Coin (BNB) Token (BEP-20).

Where Escoin Token sits in the market

With ELG near $0.2878, Escoin Token carries a market capitalization of $53.01M. Around $287.54K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.54% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Escoin Token carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. ELG remains -92% beneath its all-time high of $3.60, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.1042, ELG is up +176%.

What the price history shows

Recent moves read 24-hour +0.46%, 7-day +1.15%, 30-day -0.08%, 1-year -0.08%. ELG is currently trading near the bottom of its 366-day range (around the 11th percentile of recent closes).

Volatility profile

Recent action puts Escoin Token in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -0.08%, a useful input for stop placement and position sizing.

How to evaluate Escoin Token

For an asset of this type, three lenses matter most:

  • Liquidity — how deep and reliable trading in ELG actually is, since thin books amplify both moves.
  • Supply dynamics — circulating versus maximum supply and the dilution that implies.
  • Primary sources — what the project itself documents, because standardized sector data on ELG is limited.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.