algorand crypto is looking bullish1. bullish divergence at support
2 . This may be last low
3. wait for other confirmation
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.
ALGO 1D seems ready to take it to new heights!Algo is inching toward support and expecting a rebound northward: ~2.20 long. If Algo falls southbound and breaks through support, looking short for ~1.02 or even ~85 before a possible rebound. We've got mad faith in more energy from the bulls. For the short term target on the northbound, a rebound
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Frequently Asked Questions
Algorand (ALGO) reached the lowest price of 0.09 USD on Aug 17, 2023.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current market capitalization of Algorand (ALGO) is 1.43 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.
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 (ALGO) reached its highest price on Jun 21, 2019 — it amounted to 3.28 USD.
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) 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 9.53% 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.
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.