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ALGO registers high selling pressure: Should you hold ALGO?
19.12.2022
At the time of writing this post, Algorand was trading around $0.18, forming a downtrend even for the short term after breaking support around $0.3. In the first week of October, ALGO reached a high of $0.45. After the FTX liquidity crisis, Algorand changed its momentum and dropped its value last...
Algorand fails to break consolidation: Should you sell ALGO?
1.11.2022
Algorand is a decentralized blockchain technology that offers more speed and security than other blockchain technologies in the industry. It combines all the well-established features of different cryptocurrencies, such as decentralization, easy-to-divide tokens, added speed, less computing power...
Algorand (ALGO) on its journey to breach the $0.4 mark!
14.10.2022
The success of a cryptocurrency depends on the team of developers and marketers. Algorand has a strong team behind the network to run the project successfully for the long term. The founder of Algorand, Silvio Micali, was the faculty at Electrical and Computer Science, MIT. He knows cryptography...
Algorand Price Analysis: Will ALGO Boost Your Portfolio?
22.9.2022
Algorand is a new project launched in 2019. It seeks to open new opportunities to expand its use cases. It introduces each new block to the users who hold a certain amount of ALGO currencies in their wallets. It enables smart contracts for decentralized applications. It was created by Silvio...
Algorand (ALGO) Price Rises More Than 8% In 24 Hours!
20.9.2022
Algorand is a pure Proof of Stake blockchain that adds layer-1 State Proof to its main net protocol, which improves the speed and overall network performance. The upgrade also integrates new blockchain features in DeFi, NFTs, and Web 3 space. It has boosted the transaction speed five times and...
Algorand Lacks Buying Support; Will ALGO Come Out of the Trap?
26.7.2022
Algorand blockchain still commands a decent market capitalization of $2,127,730,260, with just 69% of ALGO tokens in circulation. Despite its services surrounding smart contracts and decentralized applications using an iterated version of permissionless Proof of Stake to increase the transaction...
Algorand Shows Recovery at $0.30; Is It the Right Time to Buy ALGO?
24.6.2022
Algorand development raised over $126 million across various token sales in 2018 and 2019. A significant amount of this money was returned to ICO investors as a buyback program, and Algorand has raised hundreds of millions of dollars more through various cryptocurrencies. Algorand’s mainnet went...
Algorand Gets a Buying Rally; Will ALGO Rally Continue?
10.5.2022
Algorand was developed in the year 2017 by a team led by Silvio McCauley, a computer scientist specialized in crypto. The Algorand project is a blockchain much similar to ETH, but with faster transactions and a strong focus on achieving near-instant completion. ALGO can process up to 1000...
Can Algorand (ALGO) Recover Its Momentum in 2022?
29.4.2022
Several altcoins are entering the market, intending to offer unique features. Algorand was launched to enable speedy transactions with enhanced security and relatively lower fees. Algorand introduced the world’s first proof of stake foundational blockchain. Their advanced technology provides...
Algorand Faces Steep Fall; Down by 1/3rd of Its Value in 3 Weeks
28.9.2021
Its ALGO cryptocurrency validates Algorand blockchain has been under work since 2012, but the protocols or functions were not worked on till 2019. After raising over USD 122 million through various VC funding rounds and ICO, the project went live in June 2019, scaling its network to almost...
Algorand & pNetwork Partner to Build Cross-Chain Connections
28.6.2021
pNetwork recently announced that they are partnering with Algorand, the PoS (proof-of-stake) blockchain focused on merging traditional and decentralized finance. pNetwork, known for its cross-chain system helping NFTs and assets to move between blockchain networks. The partnership will see...
Latest TEAL Upgrade Introduced By Algorand for DApp Fans
14.4.2021
Working as a globally acclaimed blockchain firm curating tools for revolutionizing the decentralized industry, Algorand has announced the launch of an upgrade to TEAL, the Layer-1 Smarts Contract language of the portal. The latest development supports the firm’s aim of constant upgradation...