Algorand Price Down 13.4% Over Last Week (ALGO)

Algorand (ALGO) traded 3.7% lower against the U.S. dollar during the twenty-four hour period ending at 0:00 AM ET on November 24th. Algorand has a total market capitalization of $1.68 billion and $71.12 million worth of Algorand was traded on exchanges in the last day. During the last seven days, Algorand has traded 13.4% lower against the U.S. dollar. One Algorand coin can now be bought for approximately $0.24 or 0.00001438 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded 4.7% lower against the dollar and now trades at $12.62 or 0.00076875 BTC.
  • Cosmos (ATOM) traded 1.9% lower against the dollar and now trades at $9.85 or 0.00059956 BTC.
  • Cronos (CRO) traded down 5.7% against the dollar and now trades at $0.0635 or 0.00000387 BTC.
  • NEAR Protocol (NEAR) traded down 5% against the dollar and now trades at $1.61 or 0.00009818 BTC.
  • Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $3.80 or 0.00023160 BTC.
  • Hedera (HBAR) traded down 1.2% against the dollar and now trades at $0.0482 or 0.00000294 BTC.
  • PayProtocol Paycoin (PCI) traded 0.5% lower against the dollar and now trades at $0.24 or 0.00001425 BTC.
  • Kava (KAVA) traded 1.9% lower against the dollar and now trades at $0.89 or 0.00005396 BTC.
  • Theta Fuel (TFUEL) traded 2.6% lower against the dollar and now trades at $0.0467 or 0.00000284 BTC.
  • TerraClassicUSD (USTC) traded 4.1% lower against the dollar and now trades at $0.0201 or 0.00000123 BTC.

Algorand Coin Profile

ALGO uses the hashing algorithm. Its genesis date was June 19th, 2019. Algorand’s total supply is 7,338,104,051 coins and its circulating supply is 7,115,757,625 coins. The official website for Algorand is algorand.foundation. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here. The official message board for Algorand is medium.com/algorand-foundation. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here.

According to CryptoCompare, “The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy.The Algorand platform is a public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once.Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.”

Algorand Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Algorand directly using US dollars. Investors seeking to acquire Algorand should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Algorand using one of the aforementioned exchanges.

Receive News & Updates for Algorand Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Algorand and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.