#61 rank
Algorand

Algorand algo

Algorand Price in USD

$0.227

-13.39%

0 ETH

0 BTC

Price Change

MIN

MAX

Algorand Price Statistics

Current Price

$0.227

Market Volume

$1,819,284,376

Fully Diluted MarketCap

$1,819,284,565

Total Volume

155,683,673

Total Supply

8,066,791,221.896

Circulating Supply

8,066,790,381.279

Price Change 24h

$-0.035
-13.394%

Market Cap Change 24h

$-296,189,715.88
-14.001%

All Time Low

$0.088
157.072%

ALGO Price Live Data

Algorand price today is USD 0.227 and the trading volume in 24 hour is USD 155,683,673. Price change in the ALGO price in the last 24 hour is -0.035 . It has a circulating supply of 8,066,790,381.279 coins and a total supply of 8,066,791,221.896. Total market cap of the ALGO is USD 1,819,284,376 which has the movement of -14.001 in the last 24 hours

What's Algorand?

Algorand is a new public blockchain that enables users to create smart contracts and tokens that can represent both new and existing assets. It settles blocks within seconds and provides instant transaction completions without any forks. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network, ALGO is the native Algorand cryptocurrency and is a cornerstone of its network structure

The Team Behind Algorand

- Silvio Micali - In 2017, Silvio founded Algorand. He's been a faculty at MIT Electrical Engineering and Computer Science Department since 1983. - Steve Kokinos - Steve is the CEO of Algorand and is responsible for overall strategy. - W. Sean Ford - Sean is the COO of Algorand, responsible for go-to-market execution and operations, including product management, engineering, marketing, and global community development

What Makes it Promising?

The main reasons to invest in Algorand: 1. For cryptocurrency investors bullish on connectivity within a decentralized space, Algorand's network is an intriguing option to consider. 2. The project has one of the most tech savvy team in crypto. For starters, the project founder, Silvio Micali is faculty at the Electrical and Computer Science department at MIT, who's well versed in cryptography and zero-knowledge proof. 3. Per the project metrics, the number of non-fungible tokens running on top of Algorand stands at 4,626,597. It means that Algorand is a blockchain that people actually use. It’s a guarantee that the project value can never go to zero

FAQs

The current price of Algorand is USD 0.227.

Highest and lowest price of Algorand is USD 0.265 and USD 0.221 respectively.

The total supply of Algorand is 8,066,791,221.896 and circulating supply of Algorand is 8,066,790,381.279

The trading volume of Algorand is 155,683,673 in the last 24 hours.