Algorand ALGO
Rank #69$0.1101
-2.40%
CoinGecko · just now
24h
-2.40%
7d
-6.57%
30d
+28.09%
1y
-38.14%
Algorand Statistics
- Market Cap
- $979.36M
- 24h Volume
- $57.31M
- 24h High
- $0.1155
- 24h Low
- $0.1094
- Circulating Supply
- 8,901,701,046.535 ALGO
- Max Supply
- 10,000,000,000 ALGO
- All-Time High
- $3.56
- All-Time Low
- $0.0801
About Algorand
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.
Frequently Asked Questions about Algorand
What is Algorand (ALGO)?
Algorand (ALGO) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $979.36M, making it one of the notable digital assets in the crypto market.
What is the current price of Algorand?
The current price of Algorand (ALGO) is $0.1101. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Algorand?
You can buy Algorand (ALGO) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Algorand a good investment?
Whether Algorand is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
