Algorand

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Key stats

Market capitalization
Fully diluted market cap
Trading volume 24h
Volume / Market Cap
0.0310
All time high
30.00000000USD
Circulating supply
Max supply
‪10.00 B‬
Total supply

About Algorand

Category
Smart contract platforms
Explorers
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.

Frequently Asked Questions

Algorand (ALGO) reached the lowest price of 0.08900000 USD on Oct 19, 2023. View more Algorand dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
Algorand (ALGO) reached its highest price on May 23, 2020 — it amounted to 30.00000000 USD. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
You can discuss Algorand (ALGO) with other users in our public chats, Minds or in the comments to Ideas.
Algorand highest price ever is 30.00000000 USD, and the maximum drawdown from this value it has ever experienced is ‪33.61 K‬%, when Algorand reached 0.08900000 USD. See more of ALGO price dynamics on the chart.
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.