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Algorand (ALGO) - USD

Mkt. Cap.
$ 2.15 B
Vol. 24H
ALGO 20.01 M ($ 4.36 M)
Open 24h
$ 0.2259
Low/High 24h
$ 0.2115 - $ 0.2263

CryptoCompare Index Algorand (ALGO) - USD Historical Price

CryptoCompare Index Algorand (ALGO) - USD

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Logarithmic
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Details Token Sale Historical Price Platforms Details Token Sale Historical Price Platforms
Whitepaper
Launch Date
2019-06-11
Max Supply
10,000,000,000.00
Total Supply
10,000,000,000.00
Circulating Supply
8,600,465,056.01
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Stake
Hashing Algorithms
SHA-256
Block Nr.
50,022,466.00
Block Reward
-
Network H/s
-
Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.

Algorand (ALGO) Trending Posts

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- The current price of Algorand (ALGO) is $0.38041843.

- In 2025, the ALGO price could reach a maximum of $0.89 if the community attracts more users and powers multiple projects and startups.

- A strong altcoin season could act as a catalyst, pushing the price toward its annual high of $0.89.

- The projected price range for ALGO in 2025 is between $0.45 and $0.89, with an average price of $0.67.

- By 2026, ALGO could see further growth, reaching a maximum price of $1.31, a minimum of $0.63, and an average of $0.97.

- In 2027, the price forecast suggests ALGO may trade between $0.92 and $1.99, with an average value of $1.45.

- Moving into 2028, the ALGO price may experience a surge, reaching a high of $2.85, a low of $1.38, and an average of $2.11.

- The 2029 forecast predicts ALGO trading between $1.76 and $4.13, with the average price settling around $2.94.

- By 2030, the Algorand token could potentially reach a high of $5.68, a low of $2.45, and an average price of $4.06.

- Factors influencing ALGO’s price growth include increased adoption, technological developments, and market trends.

- Institutional interest and overall crypto market conditions will also play a key role in ALGO’s price trajectory over the coming years.

https://coinpedia.org/price-prediction/algorand-algo-price-prediction/

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