Algorand (ALGO) price, chart, coin profile and news

Find the latest Algorand (ALGO) price, coin profile, news and history to get you started with Algorand trading and investing.

Algorand
ALGO- USD
$0.37
+ $0.02 ( + 4.80%)
SMART-CONTRACTS
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

What is Algorand?

Algorand, founded in 2017, says it’s a permissionless, public and decentralized blockchain. It’s similar to Bitcoin or Ethereum in this respect. It’s designed to serve as a base-level blockchain protocol on which other dapps can be built and smart contracts operated.

One thing that makes Algorand different is that it claims to be highly scalable, so it’s not prone to the same bottlenecks or fee issues that Bitcoin or Ethereum frequently are. It uses a proof-of-stake system that provides immediate transaction finality, which eliminates a lot of the forking problems of earlier blockchains.

Algorand (ALGO) is the 33rd largest cryptocurrency in the world by market cap, valued at $2,442,891,661. The current price of Algorand is $0.354162, which is 0.001% lower than yesterday. Prices have ranged between $0.357786 and $0.345741 over the past 24 hours. All prices are listed in US dollars and accurate as of August 07, 2022 05:08 UTC.


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Algorand (ALGO) price

Use our graph to track the performance of (ALGO) over time.

Algorand at a glance

Information last updated August 07, 2022 05:08 UTC.
Coin symbol ALGO
Coin Marketcap US$2,442,891,661
Total ALGO supply 7,350,652,281
Circulating ALGO 6,949,413,248
Current price US$0.354162
All time high US$3.56
All time high date March 13, 2020
Notable team members Silvio Micali
Partnerships AIKON, Envision Racing
Industry Decentralised finance
Token uses Transaction fees, digital currency
Network Algorand

Algorand price performance over time

Historical prices compared with the price of US$0.354162.

1 hour -0.76%
24 hours 0.00%
7 days 0.87%
14 days 0.19%
30 days 4.85%
60 days 5.35%
200 days 9.62%
1 year -11.47%

Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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