|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||20th January 2022|
|Max Coin Supply||6,970,738,211|
Algorand (algo) is a digital asset ranked as #24 in BitCourier Cryptocurrency List with market capitalisation of £6.25 Bn. Pound Sterling. In the last 24 hours Algorand's trading volume exceeded £138.52 M.
Current price - £0.9623 GBP. Exchange rate algo to USD is $1.32 for one coin.
During the last calendar year Algorand price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -11.75%. (algo)'s peak price (All-time high) was £2.80 per coin, this point was reached on 20th June 2019 . From that moment till today Algorand has lost -65.96% in value.
Ratings by crypto community, developers and liquidity are 48.466, 82.281, 68.638.
Algorand - is a cryptocurrency project and a pure Proof-of-Stake (PoS) blockchain. It aims at solving the three dilemmas of blockchain: scalability, security, and decentralization. It was founded in 2017 by Silvio Micali, an MIT professor and Turing award winner. Algo is the primary cryptocurrency in the Algorand Blockchain network. It allows users to drive a borderless economy, boost network participation, and stabilize the Algorand blockchain.
The Algos tokens are distributed in the network through participation rewards, sales, and grant awards for research purposes. Proposal and voting rounds are the critical phases in constructing Algorand blocks. This process uses cryptographic sortition to enable fast finality. The latest update on the Algorand network adds smart contracts, as well as an upgrade on the DeFi features.