- #61
Algorand ALGO
ALGO Price
Market Cap
$1.75 BRank #61FDV
$2.11 BRank #84Investors
X Followers
Detailed Performance
ALGO shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ALGO to USD Converter
Price History
- All-Time High
- $3.2715.53x to ATH
- All-Time Low
- $0.086122.45x to ATL
- Trade Launch Date
- 21 Jun, 2019
1980 days ago
Fundraising
See more- ICO Price
- $2.40
- Funds Raised
- $126.00 M
- Tokens Sold
- 25.00 M ALGO
Exchanges
Exchanges type
About ALGO
Algorand is the world's first open-source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. It was founded by Silvio Micali, a Turing Award-winning cryptographer. Algorand operates on a highly energy-efficient network and is carbon neutral. It aims to provide a secure and scalable platform for financial applications.
What makes Algorand unique?
Algorand is unique compared to other cryptocurrencies in several ways. Firstly, it is a decentralized platform that aims to overcome the limitations of existing blockchain technology. It utilizes a pure proof-of-stake consensus mechanism, which ensures security, scalability, and efficiency.
One of the key features of Algorand is its ability to handle high transaction volumes with fast confirmation times. It achieves this through a unique block confirmation process that enables immediate finality, eliminating the need for lengthy confirmation wait times.
Algorand also distinguishes itself with its commitment to sustainability. It operates on a highly energy-efficient network and is carbon neutral, addressing concerns about the environmental impact of cryptocurrency mining.
Furthermore, Algorand offers a range of developer-friendly tools and features that make it easier to build decentralized applications (dApps) on its platform. It supports smart contracts and provides a secure and flexible environment for developers to create innovative solutions.
Overall, Algorand's combination of scalability, security, sustainability, and developer-friendly features sets it apart from other cryptocurrencies in the market.
Live Algorand Price Data
The current price of Algorand (ALGO) is approximately $0.2111, reflecting a decrease of -3.96% in the last 24 hours. The ALGO trading volume in the last 24 hours stands at $278.31 million. Algorand's market cap is currently $1.75 billion, accounting for about 0.05% of the total crypto market cap. The circulating supply of ALGO is 8.28 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Algorand's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ALGO, check out our crypto insights page.
Official Links
ALGO to USD Converter
Price History
- All-Time High
- $3.2715.53x to ATH
- All-Time Low
- $0.086122.45x to ATL
- Trade Launch Date
- 21 Jun, 2019
1980 days ago
Fundraising
See more- ICO Price
- $2.40
- Funds Raised
- $126.00 M
- Tokens Sold
- 25.00 M ALGO