Algorand

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Key stats

Market capitalization
748.573MUSD
Fully diluted market cap
955.752MUSD
Trading volume 24h
23.369MUSD
Volume / Market Cap
All time high
3.27866759USD
Circulating supply
7.832B
Max supply
10B
Total supply
7.832B

About Algorand

Category
Layer 1
Source code
Explorers
Whitepaper
Community

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.

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy