Algorand Price Today
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ALGO to USD
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| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -0.41% | 3.76% | -3.79% | -4.04% | 2.51% | -15.06% |
Compare Algorand with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -0.41% | 3.76% | -3.79% | -4.04% | 2.51% | -15.06% |
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ALGO to USD
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Algorand Risk Analysis
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Has the price increased over the past year?
Price has decreased by -49.06% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
Algorand is currently trading -26.79% below the 200-Day SMA which is $0.16.
Is Algorand currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 16.66 which indicates that the cryptocurrency is currently BUY and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 13 which is 44%.
Is the total supply of Algorand higher than the circulating supply?
Over 83.14% of the total supply is in circulation.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.01968 volume to market cap ratio. The current market cap is $1.01B while the 24-hour volume is $19.92M
Algorand (ALGO) Markets
Algorand Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2019 | - | 138.00% | -82.76% | -13.31% | -64.43% |
| 2020 | -28.97% | 35.60% | 66.15% | -3.36% | 54.65% |
| 2021 | 309.60% | -35.56% | 84.31% | 1.96% | 396.02% |
| 2022 | -43.99% | -66.06% | 12.01% | -51.28% | -89.63% |
| 2023 | 31.23% | -46.07% | -15.22% | 117.08% | 30.26% |
| 2024 | 19.37% | -46.18% | |||
| Average | 57.45% | -31.65% | 12.90% | 10.22% | 65.37% |
Introduction to Algorand
Algorand is a blockchain network that is trying to make convergence between traditional and decentralized financial models. These models are very efficient, scalable, and have various security features. Algorand is committed to making a green and sustainable blockchain. That can solve all the critical problems that exist in this traditional system. Algorand created the world's first proof-of-stack blockchain for the development in finance. This technology is designed for the future of finance, also called the "FutureFi". The core of this project is algorand foundation, ecosystem, and algorand wallet. Algorand foundation is a public blockchain network that the foundation itself is managing. With those growing customers from all across the countries, the algorand ecosystem keeps getting bigger. You can interact easily in the public network using its wallet system.
Who are the founders of Algorand?
Behind all of this incredible future-oriented innovation, an algorand's team gave massive effort and skills to make such a thing happen. The founder of algorand is Silvio, who created this company in 2017, which provides the decentralized, secure and scalable blockchain solution for products and services from all across the countries. The CEO of this company is Steve, and he is responsible for the overall business vision and strategy.
Meet their team:
- W. Sean Ford : COO
- Jing Chen : Head of Theory Research and Chief Scientist
- Gary Malouf : Head of Engineering
- Chris Peikert : Head of Cryptography
- Nickolai Zeldovich : Head of Distributed Systems
What Gives Algorand Values?
What makes the algorand diffrent from other blockchain projects is their commitment to creating a sustainable green blockchain. Its founder, Silvio Micali, is trying to contribute to the world with the next generation of technology. They are using a unique consensus mechanism in order to save energy. They had partnered with the climate trade company, which provides sustainability and emissions offsetting commitments with innovative digital solutions.
How to buy Algorand?
To buy any cryptocurrency, you need to open an account in the crypto exchange. Crypto exchange is a place where cryptocurrencies are trading every day.
Woltonchain is available on many exchanges like Binance, Huobi Global, Coinbase, OKEx, WazirX, CoinDCX, Gate.io, CoinDCX, Bitay, AOFEX, etc.
Once your account is ready, you are eligible to trade any cryptocurrency available on your exchange. Deposit the fund and trade whatever you want to. From the withdrawal option, you can get your money back.
How does Algorand is secured?
The Algorand blockchain uses a unique protocol in its blockchain that is a permissionless pure proof-of-stack protocol. It is built on the byzantine consensus mechanism.
In other Ppos systems your influence gets stronger as you hold more tokens, and it is a big threat for the users because owners definitely have more stack and they can interrupt anything in this ecosystem, but here, validators are randomly selected by the computing process, which makes impossible to ruin the ecosystem by the big holders of the token.
How many coins are there in circulation?
There are 6.28B ALGO tokens in circulation as of November 2021. If you want to track your coin, you can check out the DigitalCoinPrice website, where you can build and track your portfolio, also; if you want to know more about other coins, you can get detailed information here.
How does the Algorand work?
More than hundreds of companies are starting their financial service or product-based projects on algorand blockchain. Algorand provides a robust and healthy ecosystem for the longer-term vision of the future of finance. Here, companies can build their project using algorand's blockchain, and by doing this, they can join the whole new other financial world where many other financial projects are also running on this blockchain. It makes it easier to connect with other companies and have a facility to do transactions across its blockchain using ALGO token.
Benefits of Algorand
- Convergence between traditional and decentralized financial models
- Commitment to sustainable, eco-friendly blockchain
- Low transaction cost and lower carbon emissions
- Private and public models
- Performance and scale
- Tier-1 and tier-2 smart contracts
- Open-source growing ecosystem
How Much is a One Algorand Worth Now?
The current price of the Algorand(ALGO) is $0.12, with a current market cap $1,012,220,116.29.
What is the Algorand Max Supply?
The maximum supply of the Algorand(ALGO) is around 10B.
What is the Algorand Stock Symbol or Ticker?
ALGO is a ticker symbol of the Algorand.
How Many ALGO Coins Are There in Circulation?
At the movement,8.31B Algorand tokens are already in the market out of 10B ALGO.
How Can I Invest in Algorand?
There are many options for buying crypto, and Algorand can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Algorand. It's a quick, easy, and secure way to buy Algorand(ALGO).
Is Algorand a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for Algorand?
Algorand had an all-time low of $0.0876.
What Was the Highest Price for Algorand?
Algorand had an all-time high of $3.28.
Algorand Price Prediction
The current Algorand price is $0.12. In the last 24 hours, Algorand price has gone up by 3.76%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Algorand price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Algorand at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging ALGO against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Algorand can be earned or received in various ways. ALGO considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the ALGO, including ALGO to PHP, ALGO to INR, ALGO to NGN, ALGO to THB, ALGO to CAD, ALGO to PKR, ALGO to IDR , ALGO to EUR , ALGO to AUD , ALGO to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 ALGO is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like ALGO to BTC, ALGO to SUI, ALGO to NEIRO, ALGO to SOL, ALGO to HMSTR, ALGO to PEPE, ALGO to UNI, ALGO to ETH, ALGO to DOGS, ALGO to TAO .
ALGO Price Current Data
Algorand price today is $0.12 USD, which is Up by 3.76% over the last 24 hours. There has been an hourly Dip by -0.41%. Algorand's market cap currently sits at $1,012,220,116.29 USD, holding up for a market cap rank at #65. The volume were at $19,924,277.93 USD Algorand ranks no 65 in the market capitalization of Algorand is at $1,012,220,116.29 and its volume for 24 hours is $19,924,277.93. Algorand are under circulation, with total supply of 10B and the Maximum supply of 10B.
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ALGO Price Statistics
Algorand Price Live
| ALGO Price | $0.12 |
| Percentage Change ( 24h ) | ▲3.76% $0.00537 |
| 24h High / Low | $0.12 / $0.12 |
| Trading Volume 24h | $19,924,277.93 |
| Volume / Market Cap | 0.01968 |
| Market Dominance | 0.05% |
| Market Rank | 65 |
| Market Cap | $1,012,220,116.29 |
| Fully Diluted Market Cap | $1,217,425,646.73 |
| All Time High | $3.28 ▼96.34% |
| All Time Low | $0.0876 ▲36.97% |
| Circulating Supply | 8,314,430,692 ALGO |
| Total Supply | 10,000,000,000 ALGO |
| Max Supply | 10,000,000,000 ALGO |