coin image

Algorand ALGO

35
Coin
PoS
$0.285.49%
0.0000123 BTC3.66%0.00017098 ETH3.3%

Low (24h)

$0.27

$0.29

Algorand Price - ALGO Price in USD with Live Chart

35
Coin
PoS
Market Cap
$2,006,286,081.48
Market Dominance
0.19%
Market Cap
$2,006,286,081.48
Market Dominance
0.19%
Fully Diluted Market Cap
$2,797,133,864.37
YTD (%)
57.62%
Volume (24h)
$201,173,969.84
Volume / Market Cap
0.10027
Circulating Supply
7,172,649,500 ALGO 71.73%
Max Supply
10,000,000,000
Total Supply
7,172,649,500
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ALGO to USD Price Chart


Risk Analysis

5

1

1

Algorand (ALGO) Markets


Algorand Quarterly Returns

YearQ1Q2Q3Q4Total
2019-138.00%-82.76%-13.31%-28.97%-64.43%
202035.60%66.15%-3.36%309.60%791.79%
2021-35.56%84.31%1.96%-43.99%-32.17%
2022-66.06%12.01%-51.28%--
Average-22.02%4.00%-17.09%-231.73%

ALGO Price Current Data

Algorand price today is $0.28 USD, which is Down by -5.49% over the last 24 hours. There has been an hourly Rise by 0.32%. Algorand's market cap currently sits at $2,006,286,081.48 USD, holding up for a market cap rank at #35. The volume were at $201,173,969.84 USD Algorand ranks no 35 in the market capitalization of Algorand is at $2,006,286,081.48 and its volume for 24 hours is $201,173,969.84. Algorand are under circulation, with total supply of 7.39B and the Maximum supply of 10B.

About 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

Algorand Price Prediction

The current Algorand price is $0.28. In the last 24 hours, Algorand price has gone up by -5.49%. 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.

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 compare and check any crypto pairs like AGIX to ALGO, FET to ALGO, OXAI to ALGO, SAND to ALGO, GRT to ALGO, JASMY to ALGO, CAKE to ALGO, LUNC to ALGO.

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How much is a one Algorand worth now?

The current price of the Algorand(ALGO) is $0.28, with a current market cap $2,006,286,081.48.

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,7.17B Algorand tokens are already in the market out of 7.39B 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 $0.10.

What was the Highest price for Algorand?

Algorand had an all-time low of $0.10.

How old is Algorand?

Algorand was created on 19 June 2019.

Can Algorand be mined?

No, the Algorand (ALGO) coin cannot be mined.


ALGO Price Statistics

Algorand Price Today

ALGO Price

$0.28

Percentage Change ( 24h )

5.49%

$0.0209
24h High / Low

$0.29 /

$0.27

Trading Volume 24h

$201,173,969.84

Volume / Market Cap

0.10027

Market Dominance

0.19%

Market Rank

35

Market Cap

$2,006,286,081.48

Fully Diluted Market Cap

$2,797,133,864.37

All Time High

$3.28

91.46%
All Time Low

$0.10

173.43%
Circulating Supply

7,172,649,500 ALGO

Total Supply

7,394,847,659 ALGO

Max Supply

10,000,000,000 ALGO