Algorand (ALGO) Live Price

Algorand logo
ALGOAlgorand
$0.093509-2.63%
Market Cap
$731.62M
2.69%
Volume (24)
$14,758,201
32.37%
Circulating Supply
7,828,474,100 ALGO
Issue Date
-

Data provided by Coingecko API

ALGO price Statistics

Algorand Price Today

Algorand Price
$0.093509

Price Change 24h

$-0.0025259509
2.63%
24h Low / 24h High
$0.093505 / $0.096573

Trading Volume 24h

$14,758,201
32.37%
Volume / Market Cap
0.020172086
Market Dominance
0.067621162%
Market Rank
#50

Algorand Supply

Circulating Supply
7,828,474,056.639 ALGO
Total Supply
7,828,474,078.369 ALGO
Max Supply
10,000,000,000 ALGO

Algorand Market Cap

Market Cap
$731,615,030
2.69%

Fully Diluted
Market Cap

$934,556,370
23.25%

Algorand Price Yesterday

Yesterday's Low / High
$0.096095833 / $0.097617996
Yesterday's Open / Close
$0.096095833 / $0.097617996
Yesterday's Change
3.46%
Yesterday's Volume
$19,072,289

Algorand Price History

7d Low / 7d High
$0.092319659 / $0.098183803
30d Low / 30d High
$0.091999067 / $0.11700602
90d Low / 90d High
$0.091999067 / $0.13713155
52 Week Low / 52 Week High
$0.091999067 / $0.4230918
All Time HighJun 20, 2019 (4 years ago)
$3.56
97.37%
All Time LowAug 17, 2023 (23 days ago)
$0.090561
3.44%

Data provided by Coingecko API

ALGO to USD converter

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Real-Time Algorand Price Chart (ALGO to USD)

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About Algorand

ALGO Price Live Data

The live price of ALGO is $ 0.093509 per (ALGO/USD) today with a current market cap of 731.62M USD. 24-hour trading volume is $ 14,758,201 USD. ALGO to USD price is updated in real-time. Algorand is -2.63% in the last 24 hours. It has a circulating supply of $ 7,828,474,100 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
41
Last weekFear
40
Last monthNeutral
54

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