Elements ELM Token - Comprehensive Guide on XPMarket

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ELM

Elements ELM

rQB9...dWj1

Live

$0.0611

MCap

$3.1K

Rank

N/A

Holders

8.8K

Trustlines

9.2K

NFT competition...submit your entries via the pinned tweet or email us: [email protected] https://t.co/H4D1wtgJzL #XRPL #XRPLCommunity

Trade on DEX

What is a trustline?

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ELM

Elements ELM

rQB9...dWj1

Live

$0.0611

MCap

$3.1K

Rank

N/A

Holders

8.8K

Trustlines

9.2K

NFT competition...submit your entries via the pinned tweet or email us: [email protected] https://t.co/H4D1wtgJzL #XRPL #XRPLCommunity

Trade on DEX

What is a trustline?

Price Change

1W

1M

3M

6M

1Y

YTD

Token Details

IOU

N/A

0%

YES

2022-01-02

2022-01-06

2022-08-20

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About ELM Token

01

What is this page?

The Elements ELM token, designated by the ticker ELM, is a key component within the expansive and burgeoning ecosystem of XRPL tokens. With NFT competition as a novel and enticing feature, Elements ELM seeks to engage users in a distinctly interactive manner. Participants can contribute by submitting their entries via specific communication channels associated with the project. Notably, this blend of cryptocurrency and community engagement crafts a unique user experience for supporters and users of the Elements ELM token.

02

What is a trustline?

A trustline is a credit line between two parties on the XRPL. It enables the issuer to send tokens to the holder. The holder can also send tokens back to the issuer. Trustlines are essential for trading tokens on the XRPL.

03

What is a Multi-Purpose Token (MPT)?

Multi-Purpose Tokens (MPTs) are a new type of fungible token on the XRPL that don't require trustlines. Unlike traditional tokens, MPTs can be sent directly to any account without the recipient needing to set up a trustline first.