Algorand (ALGO) Live Price

Algorand logo
ALGOAlgorand
BRL 0.456581-1.71%
Market Cap
BRL 3.58B
1.72%
Volume (24)
BRL 137,702,390
105.46%
Circulating Supply
7,828,473,300 ALGO
Issue Date
-

Data provided by Coingecko API

ALGO price Statistics

Algorand Price Today

Algorand Price
BRL 0.456581

Price Change 24h

BRL -0.0079619973
1.71%
24h Low / 24h High
BRL 0.448345 / BRL 0.464953

Trading Volume 24h

BRL 137,702,390
105.46%
Volume / Market Cap
0.03850837
Market Dominance
0.066248302%
Market Rank
#51

Algorand Supply

Circulating Supply
7,828,473,310.754 ALGO
Total Supply
7,828,473,330.396 ALGO
Max Supply
10,000,000,000 ALGO

Algorand Market Cap

Market Cap
BRL 3,575,907,900
1.72%

Fully Diluted
Market Cap

BRL 4,567,822,900
25.82%

Algorand Price Yesterday

Yesterday's Low / High
BRL 0.45840086 / BRL 0.46906029
Yesterday's Open / Close
BRL 0.45840086 / BRL 0.46906029
Yesterday's Change
1.54%
Yesterday's Volume
BRL 133,773,960

Algorand Price History

7d Low / 7d High
BRL 0.090094011 / BRL 0.098183803
30d Low / 30d High
BRL 0.45521138 / BRL 0.57479206
90d Low / 90d High
BRL 0.45521138 / BRL 0.65644871
52 Week Low / 52 Week High
BRL 0.45521138 / BRL 2.1565633
All Time HighNov 18, 2021 (1 years ago)
BRL 14.71
96.89%
All Time LowSep 1, 2023 (9 days ago)
BRL 0.447427
2.20%

Data provided by Coingecko API

ALGO to BRL converter

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Real-Time Algorand Price Chart (ALGO to BRL)

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About Algorand

ALGO Price Live Data

The live price of ALGO is BRL 0.456581 per (ALGO/BRL) today with a current market cap of 3.58B BRL. 24-hour trading volume is BRL 137,702,390 BRL. ALGO to BRL price is updated in real-time. Algorand is -1.71% in the last 24 hours. It has a circulating supply of BRL 7,828,473,300 ALGO.

Algorand Coin Price Chart determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, ETH and XRP to USD, EUR, GBP. Conversion rates are based on Live ALGO Price Index and the price indices of other digital assets.

This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice.

What is Algorand (ALGO)?

The decentralized network Algorand was created to address the Blockchain Trilemma of simultaneously achieving speed, security, and decentralization. Algorand is a permissionless, open-source blockchain network that anyone can build on. Algorand is intended to be a payments-focused network with quick transactions and a heavy focus on attaining near-instant finality, which entails handling over 1,000 transactions per second (TPS) and achieving transaction finality in under five seconds. 

ALGO price

ALGO is also a deflationary currency because there is a set maximum supply of 10 billion coins for it. Only 6,870,000,000 ALGO of the 7.2 billion ALGOs that are now available are actually in use.

Algorand Foundations and Algorand Inc. received 25% of the total supply. Both businesses follow a predetermined selling plan when disposing of their holdings.

The remaining 7.5 billion ALGOs, most of which were sold to the early investors powering the Algorand relay nodes, are intended to be used by the blockchain ecosystem.

A brief history of Algorand

To create a frictionless, borderless economy based on open, decentralized blockchain technology, the Algorand Foundation is a non-profit organization. The Algorand blockchain protocol was developed by the Algorand Foundation in collaboration with Algorand Inc. ALGO coin was introduced in June 2019 by computer scientist and MIT professor Silvio Micali.

What Makes Algorand (ALGO) Unique?

All ALGO coin holders receive block rewards from Algorand, giving everyone who owns an ALGO token the chance to receive benefits rather than simply block producers.

Algorand’s Compatibility with Ethereum

According to the CEO of the Algorand Foundation, Algorand is putting up $20 million in investment to hasten ecosystem growth.

Officials from the ALGO Foundation said that $10 million in awards would be given to programmers who can offer solutions for interoperability with the Ethereum Virtual Machine (EVM), a crucial component for growing networks hoping to attract well-established companies.

Applications created on Ethereum or other chains that are compatible with Ethereum can run on Algorand if they are EVM compatible.

How Is the Algorand Network Secured?

The Algorand blockchain is a pure proof-of-stake blockchain protocol that does not require authorization. In the pure proof-of-stake approach all of the validators are known to one another and simply need to agree on the next block to produce a new block. 

 For a public blockchain where all users may safely transact, hold valuable assets, and develop reliable corporate apps, security is a must-have. While ensuring the security of each user's account, Algorand ensures security against assaults at both the network and consensus protocol levels.

Where Can You Buy Algorand (ALGO)?

You can buy ALGO on the following verified cryptocurrency exchanges:

Coinbase, OKEX, Binance, Huobi, and Kraken amongst others.

Crypto fear & Greed Index

Latest Crypto Fear & Greed Index

Historical Values

NowFear
40
YesterdayFear
40
Last weekFear
40
Last monthNeutral
54

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