Key stats
About Algorand
Often seen as a dark horse of the crypto world, Algorand is a proof-of-stake blockchain launched in 2019. Its founder Silvio Micali, a professor at MIT, has Algorand tackle the ‘blockchain trilemma’ — the hypothesis that blockchains can only offer two out of three key properties — a. decentralization, b. scalability, and c. security. Algorand’s system allows ALGO holders to participate in block production, offering low costs and high throughputs. This makes it well-suited to DeFi and content creators. From being a highly eco-friendly chain to becoming an official sponsor of the 2022 FIFA world cup, Algorand already has its fingers in many zeitgeisty pies.
Buy $ALGOBuying EURONEXT:ALGO has peaked through Macro resistance for the first time in a long time, and it is an awesome blockchain!
#ALGORAND Vs #ETH - When is Cheap actually a good entry buy.Losing Dollar Value is one thing.
But losing 94% in 2 years vs #Ethereum is a second type of pain
That highlights the risk that abounds in #Crypto and the #altcoins
Can #Algo start making positive progress now?
ALGO - Shakeout / Accumulation / Bull MarketALGO looks like a tight accumulation here and it may have a big pop to join that party with other ISO20022 coins XLM XRP XDC.
Liquidity SRP Shakeout Reversal Pattern at ATL All Time Low complete and now it would appear it is ready to move on up.
ALGO is a big deal ISO20022 coin and this is pr
Watching $ALGO chart the next few weeksI'll be watching Algorand over the next few weeks on the weekly chart. A weekly close above .30 would signal a .65 target.
Go Algorand!
Algorand nearing 2 targetsThe triangle breakout target(dotted pink line) and the inverse head and shoulder target (dotted grey line). The speculation that Trump would do away with capital gains taxes on US cryptos may be fueling the current momentum. *not financial advice*
Inverse head and shoulders and golden cross on algorandMuch like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we
ALGO Bullrun 2024-25 TP ZonesAlgorand could easily get back to ATH by summer 2025 with the right macro influences. I would like to see ALGO hit 3 TP targets this bullrun. We aren't far from the first TP target, and ALGO is coming off of a textbook W double bottom formation. Let's see what happens.
ALGOUSD Macro BreakoutMacro Breakout, with long time frames taking over. I'm pretty bullish, and Algrand's tech is some of the best out there! If we get a week closing .33, that's confirmation on the upside.
ALGORANDIf ALGO closes weekly above 0.30 and manages to hold this levels , we can see a huge rally towards the next resistance area which is 0.80. Make sure to have proper alerts as this can happen fast.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Algorand (ALGO) is 0.298993326 USD — it has risen 0.13% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
The current market capitalization of Algorand (ALGO) is 2.48 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Algorand (ALGO) trading volume in 24 hours is 794.32 M USD. See how often other coins are traded in this list.
Algorand price has risen by 49.51% over the last week, its month performance shows a 140.76% increase, and as for the last year, Algorand has increased by 123.99%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand (ALGO) reached its highest price on Nov 18, 2021 — it amounted to 2.842305923 USD. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand (ALGO) reached the lowest price of 0.004926613 USD on Jul 21, 2020. View more Algorand dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Algorand (ALGO) is 10.00 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Algorand has the limit of 10.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand (ALGO): today its technical analysis shows the buy signal, and according to the 1 week rating ALGO shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Algorand trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand is estimated as 13.33% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand, you can find more inspiration in our curated watchlists.
You can discuss Algorand (ALGO) with other users in our public chats, Minds or in the comments to Ideas.