Algorand (ALGO) Live Price
Market capitalization of a coin is calculated by multiplying the current price in USD or EUR of a single unit of coin by the current circulating supply of that coin available for sale or purchase on public exchanges.
Ex: If the price of BTC is currently $20,000 and there are 50,000 BTC available on public exchanges, then the Market Cap of BTC is $1,000,000,000.
Volume of a coin is the total spot trading volume reported by all exchanges over the past 24 hours multiplied by the value of an individual unit of that coin.
Circulating supply is the approximate number of units of a coin that are currently circulating in the market in the hands of the general public.
Release date is when the first tokens of this cryptocurrency were created and made available for mining or whatever other creation mechanism was specified in this token’s blockchain protocol.
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ALGO price Statistics
Algorand Price Today
Price Change
The percent change in price for this asset compared to 24 hours ago
Trading Volume
Popularity is based on the relative market cap of assets.
Algorand Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
Algorand Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Fully Diluted
Market Cap
Algorand Price Yesterday
Algorand Price History
The highest price paid for this asset since it was launched or listed.
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ALGO to USD converter
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Real-Time Algorand Price Chart (ALGO to USD)
Algorand Exchanges
Exchange | Price | Pair | Spread | 24 Volume | Last Traded |
|---|---|---|---|---|---|
 Binance | $0.37 | ALGO/USDT | $0.0001 | $53,928,759 | Recently |
 Gate.io | $0.37 | ALGO/USDT | $0.00009 | $14,276,829 | Recently |
 HTX | $0.37 | ALGO/USDT | $0.0002 | $6,175,420 | Recently |
 KuCoin | $0.37 | ALGO/USDT | $0.0001 | $6,008,704 | Recently |
 Kraken | $0.37 | ALGO/USD | $0.00027 | $3,333,520 | Recently |
 Coinbase Pro (GDAX) | $0.13 | ALGO/USD | $0.0001 | $580,340 | Recently |
Kraken | $0.37 | ALGO/USDT | $0.00039 | $457,666 | Recently |
Binance US | $0.37 | ALGO/USDT | $0.0008 | $140,535 | Recently |
 Bitstamp | $0.37 | ALGO/USD | $0.00035 | $0 | Recently |
Algorand Historical Price Data (USD)
Date | ||||
|---|---|---|---|---|
12/23/2024 | $0.347838 | $0 | $0.376303 | $0.339839 |
12/22/2024 | $0.328298 | $0.347838 | $0.351075 | $0.322382 |
12/21/2024 | $0.346804 | $0.328298 | $0.373462 | $0.328204 |
12/20/2024 | $0.334599 | $0.346804 | $0.354459 | $0.285931 |
12/19/2024 | $0.366923 | $0.334599 | $0.380195 | $0.328879 |
12/18/2024 | $0.412944 | $0.366923 | $0.412944 | $0.375361 |
12/17/2024 | $0.414015 | $0.412944 | $0.439942 | $0.405123 |
Data provided by Coingecko API
ALGO Price Live Data
The live price of ALGO is $ 0.368334 per (ALGO/USD) today with a current market cap of 3.06B USD. 24-hour trading volume is $ 365,063,720 USD. ALGO to USD price is updated in real-time. Algorand is +3.59% in the last 24 hours. It has a circulating supply of $ 8,334,893,600 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 CoinGecko 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.
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FAQ
Actual price of Algorand to US Dollar now is $ 0.368334
Algorand ticker is ALGO
You can buy Algorand on any exchange or via p2p transfer. And the best way to trade Algorand is through a 3commas bot.
You should not expect to get rich with Algorand or any other new technology. It is always important to be on your guard when something sounds too good to be true or goes against basic economic principles.
Algorand (ALGO) hit another all-time high over $ 3.56 in 20.06.2019.
Algorand Market Cap is at a current level of 3.06B, up from 2.96B yesterday. This is a change of 3.30% from yesterday.
Latest 24-hour trading of Algorand (ALGO) is $ 365,063,720.
The current circulating supply of Algorand is $ 8,334,893,600 with the maximum amount of $ 10,000,000,000.
Algorand current Market rank is #54. Popularity is currently based on relative market cap.
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