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Algorand

Algorand is a form of digital cryptocurrency, also referred to as ALGO Coin. Use this page to follow the Algorand price live, cryptocurrency news, Algorand market cap and updates. Create alerts, follow opinion and analysis and view real time market data. The Algorand crypto stock price is updated in real-time.

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1 ALGO =

$ 0.3666

+0.0068 +1.88%

20:03:25 - Real-time Data . ( Disclaimer )

Market Cap:

$2.53B

Circulating Supply:

ALGO6.86B

Max Supply:

ALGO10.00B

Vol (24H):

$102.72M

Chg (7D):

-15.16%

Day's Range:

0.3665 - 0.3675

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

Algorand Analysis & Opinion

Crypto Briefing

Algorand Surges 20% On FIFA Partnership News By Crypto Briefing - May 04, 2022

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Monero sees a sustained price surge as the boarder crypto market...

10 Worst-Performing Cryptocurrencies In 2022 So Far By ValueWalk - Mar 06, 2022 1

The crypto market hasn’t had the best start this year....

Alt, Who Goes There? By Tim Knight - Feb 14, 2022 3

I spent a fair amount of time walking through airports on...

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Algorand Discussions

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Ty Sy May 05, 2022 9:53AM ET

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who's got the crystal ball?

0 0

nicola bonasia May 03, 2022 9:18AM ET

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ALGO will explode...trust me!!!

3 1

Desten Lee May 02, 2022 2:13AM ET

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Algorand Strong Buy

3 0

Ryan Miller Apr 26, 2022 4:13PM ET

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why does it look like it touched zero?

0 1

Taylor Swanson Mar 08, 2022 11:52PM ET

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Algo loooooooong

5 1

Dolly Sinaga Mar 08, 2022 11:52PM ET

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cause you fomo

0 0

Nina Theresa Jan 20, 2022 9:03PM ET

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as the bear market continues and we play the waiting game. try not to lose your faith.

4 0

Darius brudi Dec 07, 2021 5:58AM ET

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to the mooon!!

7 0

Kenneth Farmer Nov 18, 2021 2:31PM ET

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hold until after Thanksgiving. to the moon

5 0

Christopher cunningham Nov 18, 2021 2:31PM ET

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why?

1 0

Pavel Adamec Nov 18, 2021 3:53AM ET

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what happened?

1 0

Joshua Johns Nov 18, 2021 12:01AM ET

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Man, I wish I would have caught this a half hour ago. Oh well, I still made a couple of thousand at least.

3 0

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Leading Cryptocurrencies

Bitcoin $29,000.3 BTC +1.40%
Ethereum $1,791.63 ETH +3.90%
Tether $1.0000 USDT +0.08%
USD Coin $1.0011 USDC -0.01%
BNB $307.01 BNB +0.75%

Electronic Energy Ongoing (1)
GrounderCoin Completed (500)

FAQ

What is Cryptocurrency?
A cryptocurrency is a digital form of money. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a store of value, unit of account and medium of exchange. These digital assets are secured on a distributed ledger called the “blockchain.” The first cryptocurrency was Bitcoin which was introduced in a whitepaper by pseudonymous creator Satoshi Nakamoto. It was launched in 2009. The digital asset has since served as the benchmark crypto asset.
How to Buy Cryptocurrency
You can buy cryptocurrency in several ways. The most popular is to buy cryptocurrency on a regulated cryptocurrency exchange like Coinbase. Another method is to buy cryptocurrencies like Bitcoin via a cryptocurrency automated teller machine (ATM). Using an exchange is often the most convenient, but you might have to go through an extensive know-your-customer (KYC) process before accessing the platform.
How does Cryptocurrency Work?
Cryptocurrency works with the help of the blockchain, miners or validators and the users. Once one user sends a cryptocurrency to another, cryptocurrency miners validate and then add the transaction to the blockchain. Each transaction is cryptographically encoded and validator nodes compete to solve this cryptographic puzzle. Once this happens, the receiver will see the funds in their wallet balance.
What is Crypto Mining?
Crypto mining is the process of securing and validating transactions on a blockchain network. The Proof-of-Work (PoW) is the first recognised mining protocol and requires validators to compete in solving complex mathematical equations. The miner who gets the correct response would be eligible to add the transactions to the network and as such, receive the block rewards - in the form of newly minted Bitcoins. PoW mining requires specialised and expensive mining hardware to pull off, and this equipment consumes more energy and is difficult to maintain.
What is Staking Crypto?
Staking crypto entails locking up your crypto asset to secure a particular network. Crypto staking is common with cryptocurrencies that use a Proof-of-Stake (PoS) consensus algorithm. In comparison, assets like Bitcoin use the Proof-of-Work (PoW) model to validate and secure transactions on their network, while others like Cardano and Polkadot use the PoS model. Crypto staking is a great way to earn passive income, and it is also a more energy-efficient model to mine new coins for the network. Due to its consistent yields and low barrier to entry, many crypto exchanges now offer Staking-as-a-Service (SaaS) to their users.
How does Cryptocurrency gain value?
Cryptocurrency gains value through adoption and market speculators. If the demand for a digital asset is high, then the value would rise. The more people who are willing to use a digital asset, the more likely it will increase in value and prominence. The most valuable cryptocurrencies are those with more adoption and high demand. These cryptocurrencies are digital assets for the long term.