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About ALGO

Algorand (ALGO) is a cryptocurrency launched in 2019. ALGO has a current supply of 10.00Bn with 8.13Bn in circulation. The last known price of ALGO is 0.174932147017 USD and is 0.009903972497 over the last 24 hours. It is currently trading on active market(s) with $122.34M traded over the last 24 hours. More information can be found at http://algorand.foundation.

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ALGO Price Statistics
ALGO’s Price Today
24h Price Change
+$0.0099039724976.00%
24h Volume
$122.34M54.08%
24h Low / 24h High
$0.11504857 / $0.12607626
Volume / Market Cap
0.086063394308
Market Dominance
0.06%
Market Rank
#70
ALGO Market Cap
Market Cap
$1.42Bn
Fully Diluted Market Cap
$1.75Bn
ALGO Price History
7d Low / 7d High
$0.10306306 / $0.12607626
All-Time High
$3.28Jun 21, 2019
All-Time Low
$0.09579889Jun 10, 2023
ALGO Supply
Circulating Supply
8.13Bn
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Apr 15, 2024 10:37 am
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ALGO
Algorand
$0.174932147017
$0.009903972497(+6.00%)
Mkt Cap $1.42Bn
There's nothing here for now
Avalanche Large Transactions Reach $329M, Highest Since December
Avalanche Large Transactions Reach $329M, Highest Since December
According to CryptoPotato, the volume of daily large transactions on the decentralized, open-source Proof-of-Stake blockchain Avalanche has surged to its highest since December 2023. The network’s native token, AVAX, reached levels not seen since May 2022. Crypto market intelligence platform IntoTheBlock reported that Avalanche’s daily large transaction volume hit $329 million on Monday, March 11, indicating increased activity of large holders of AVAX. The last time large AVAX transactions, those with a value of $100,000 or more, recorded volumes around the current figure was on December 29, when the amount sat at $412 million. At the time, AVAX was worth $48, and the number of large transactions was more than 2,800. Data from IntoTheBlock shows that the number of large AVAX transactions is experiencing another recovery. While Avalanche’s current large transaction volume is far from the peak reached in the last bull run, the uptick indicates a bullish trend and a positive sign for market participants. The increase in large AVAX transaction volumes comes within a month after the Avalanche network experienced an hours-long outage. On February 23, the network’s C-Chain stopped producing blocks due to a finalization issue resulting from a client code bug. Developers eventually resolved the issue, and the blockchain resumed normal operations after roughly five hours. The incident affected AVAX as the asset’s price plunged by more than 3%, closing that day at $35. Meanwhile, AVAX has recovered significantly, becoming one of the top-performing altcoins in the market recently, alongside Solana (SOL), Toncoin (TON), and Algorand (ALGO).
Mar 15, 2024 1:03 pm

Frequently Asked Questions

  • What Is Algorand (ALGO)?

    Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

    The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token.

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  • Who Are the Founders of Algorand?

    Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.

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  • What Makes Algorand Unique?

    Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.

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  • How Many Algorand (ALGO) Coins Are There in Circulation?

    The genesis of the Algorand blockchain states that 10 billion ALGO was minted. The distribution of the fixed and immutable 10 billion ALGO will end in 2030, rather than the initial plan of 2024. For more information about Algorand’s tokenomics, see here.

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  • How Is the Algorand Network Secured?

    The Algorand blockchain is a permissionless pure proof-of-stake blockchain protocol. Unlike proof-of-work (PoW) blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.

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  • Where Can You Buy Algorand (ALGO)?

    Algorand can be bought on the following exchanges:

    Coinbase

    Binance

    OKEx

    Kraken

    Huobi

    To check Algorand price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Algorand price page. Alternatively, use the dedicated exchange rate converter page. Popular Algorand price pairs include: ALGO/USD, ALGO/GBP, ALGO/AUD and ALGO/EUR.

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  • What is the all-time high price of Algorand (ALGO)?

    The all-time high of ALGO was 3.28 USD on 2019-06-21, from which the coin is now down 94.66670283484756%. The all-time high price of Algorand (ALGO) is 3.28. The current price of ALGO is down 94.66670283484756% from its all-time high.

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  • How much Algorand (ALGO) is there in circulation?

    As of , there is currently 8.13Bn ALGO in circulation. ALGO has a maximum supply of 10.00Bn.

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  • What is the market cap of Algorand (ALGO)?

    The current market cap of ALGO is 1.42Bn. It is calculated by multiplying the current supply of ALGO by its real-time market price of 0.174932147017.

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  • What is the all-time low price of Algorand (ALGO)?

    The all-time low of ALGO was 0.09579889 , from which the coin is now up 82.60352183308179%. The all-time low price of Algorand (ALGO) is 0.09579889. The current price of ALGO is up 82.60352183308179% from its all-time low.

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  • Is Algorand (ALGO) a good investment?

    Algorand (ALGO) has a market capitalization of $1.42Bn and is ranked #70 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Algorand (ALGO) price trends and patterns to find the best time to purchase ALGO.

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