- #8399
Governance Algo GALGO
GALGO Price
Market Cap
--Rank #8399FDV
$2.08 BRank #2792Investors
X Followers
Detailed Performance
GALGO shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
GALGO to USD Converter
Price History
- All-Time High
- $0.60812.92x to ATH
- All-Time Low
- $0.084772.45x to ATL
- Trade Launch Date
- 29 Aug, 2022
814 days ago
About GALGO
Governance Algo, also known as gAlgo, refers to a token that is obtained by swapping Algo tokens during governance periods on the Algorand blockchain. The purpose of gAlgo is to provide a return on Algo tokens while waiting for the gAlgo window to redeem for Algo tokens on a 1-1 basis. It allows Algo holders to participate in the governance process and potentially earn additional rewards.
What makes Governance Algo unique?
Algorand's Governance Algo is unique compared to other cryptocurrencies because it is an open-source, permissionless, pure proof-of-stake blockchain protocol designed specifically for the future of finance. It was founded by Silvio Micali, a Turing Award-winning cryptographer, which adds credibility to the project.
One of the key features of Algorand is its highly energy-efficient network, making it a sustainable and environmentally friendly option. Additionally, Algorand is carbon neutral, which sets it apart from many other cryptocurrencies that have significant environmental impacts.
Furthermore, Algorand's Governance Algo allows token holders to participate in the governance and decision-making of the platform. This means that token holders have a say in protocol upgrades, parameter changes, and other important decisions related to the Algorand ecosystem. This level of decentralization and community involvement distinguishes Algorand from other cryptocurrencies that may have more centralized governance structures.
Overall, the combination of its sustainable network, open governance, and focus on the future of finance makes Algorand's Governance Algo unique and innovative in the cryptocurrency space.
Live Governance Algo Price Data
The current price of Governance Algo (GALGO) is approximately $0.2079, reflecting a decrease of -3.58% in the last 24 hours. The GALGO trading volume in the last 24 hours stands at $8,528.02.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Governance Algo's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on GALGO, check out our crypto insights page.
Official Links
GALGO to USD Converter
Price History
- All-Time High
- $0.60812.92x to ATH
- All-Time Low
- $0.084772.45x to ATL
- Trade Launch Date
- 29 Aug, 2022
814 days ago