ELKE Multichain Report - 48 Hours In: A Deep Dive into Volume, Liquidity, and Price

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ELKE token's 48-hour market report. A deep dive into our PancakeSwap & TraderJoe pools, analyzing price, volume, and our $159k+ ELKE liquidity.

Hello, ELKE Community!

We are continuing our series of transparent updates with a new report, 48 hours after our historic launch on the Avalanche network. Over the last 24 hours, we have been closely monitoring the markets and are pleased to present the latest developments of our project in its new multichain environment.


The Last 24 Hours: A Summary

Activity has continued on both fronts, solidifying ELKE's presence on both BNB Chain and Avalanche. Here is a brief overview of the aggregated data:

  • Total Combined Trading Volume (24h): ~$147

  • Total Secured Liquidity (TVL): Over $223 in primary tokens (WBNB + WAVAX), backed by a massive foundation of over 12 Billion ELKE tokens locked in the liquidity pools!

  • Market Stability: The prices across both exchanges remain very close, indicating a healthy and connected market.

Let's now take a detailed look at the performance on each platform.


Detailed Analysis: PancakeSwap (BNB Chain)

Our native market on the BNB Chain continues to be a crucial pillar for the project.

  • ELKE Price: ~$0.00001658

  • 24-Hour Trading Volume: $100. A significant increase in activity compared to the previous day!

  • Liquidity (TVL):

    • Pooled WBNB: 0.1453 (~$113)

    • Pooled ELKE: 2.14 Billion (~$35,000)

    • Analysis: The WBNB liquidity has grown, showing increased interest, and the base of ELKE tokens remains exceptionally solid.

    • Direct Link to trade ELKE on PancakeSwap

Detailed Analysis: TraderJoe (Avalanche)

Our new home on Avalanche continues to develop, acting as the primary liquidity hub for ELKE.

  • ELKE Price: ~$0.00001597

  • 24-Hour Trading Volume: $47

  • Liquidity (TVL):

    • Pooled WAVAX: 4.85 (~$110)

    • Pooled ELKE: 9.99 Billion (~$159,000)

    • Analysis: With nearly 10 billion ELKE tokens in the pool, TraderJoe is undoubtedly the "deepest" market for our project, capable of supporting large trades with minimal price impact.

    • Direct Link to trade ELKE on TraderJoe

Conclusions and Next Steps

48 hours post-expansion, ELKE has proven its ability to sustain a stable and functional multichain ecosystem. The fact that prices remain aligned, despite the liquidity being distributed across two networks, is an excellent sign of market maturity.

We will continue to monitor performance and keep you updated with periodic reports. Our commitment to transparency and long-term development remains unchanged.

Thank you for being with us on this journey!

Sincerely,
The ELKE Team

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