Rank #53
algo Algorand
$ 0.2883
0.00%
0.05295 BTC
295 satoshies0.00%
Market Cap
2,42 BN. $
24 Hour Trading Vol
164,64 MLN. $
Circulating Supply
8,41 BN.
Total Supply
8,41 BN.
Max Supply
10,00 BN.
Fully Diluted Valuation
2,42 BN. $
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About Coin
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
Where is Algorand available for purchase?
You can exchange ALGO tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Algorand is Binance, notably the ALGO/USDT pair, which saw a trading volume of $ 33,27 MLN. in the past day. Additionally, Coinbase Exchange and Bitrue are popular alternatives for trading tokens.
What is the highest value Algorand (ALGO) has ever reached?
Algorand (ALGO) reached its peak price at 3.56 $ on 20 June 2019, approximately 6 years ago ago. Presently, the current price is -91.89% lower than this all-time high.
What is the historical minimum price for Algorand (ALGO)?
The minimum price reached for Algorand (ALGO) was 0.08751 $, documented on 11 September 2023, more than a year ago. In comparison, the current price is 229.52%, it above this historical low.
What is the fully diluted valuation of Algorand (ALGO)?
The fully diluted valuation (FDV) of Algorand (ALGO) stands at $ 2,42 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000,000 ALGO tokens. The realization of this FDV might take several years depending on the emission schedule of ALGO tokens.
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