ALGO

AlgorandALGO

Rank #39
Coin
On 149,638 watchlists

Algorand Price (ALGO)

$1.25
5.62%

0.00002226 BTC5.63%

0.0005165 ETH13.76%

Low:$1.19
High:$1.34
24h
ALGO  Algorand ALGOPrice: $1.25 5.62%
Market Cap
$3,596,058,346
5.47%
Fully Diluted Market Cap
$12,518,643,879
5.62%
Volume
24h
$417,860,627
29.93%
Volume / Market Cap
0.1162
Circulating Supply
2,872,562,221 ALGO
29%
Max Supply
10,000,000,000
Total Supply
5,400,465,798

Algorand Chart

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What Is Algorand (ALGO)?

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020.

Who Are the Founders of Algorand?

Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.

What Makes Algorand Unique?

Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are very lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake blockchain protocol.

Learn more about Ethereum.

Learn more about Avalanche.

Learn more about Web 3.0.

Read CMC’s blog.

How Many Algorand (ALGO) Coins Are There in Circulation?

The genesis of the Algorand blockchain states that 10 billion ALGO was minted. The distribution of the fixed and immutable 10 billion ALGO will end in 2030, rather than the initial plan of 2024. For more information about Algorand’s tokenomics, see here.

How Is the Algorand Network Secured?

The Algorand blockchain is a permissionless pure proof-of-stake blockchain protocol. Unlike proof-of-work blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.

Where Can You Buy Algorand (ALGO)?

Algorand can be bought on the following exchanges:

Coinbase

Binance

OKEx

Kraken

Huobi

Learn more about buying cryptocurrencies here.

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ALGO

Algorand

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USD

United States Dollar

ALGO Price Statistics

Algorand Price Today
Algorand Price$1.25
Price Change24h$-0.07448
5.62%
24h Low / 24h High
$1.19 /
$1.34
Trading Volume24h$417,860,627.32
29.93%
Volume / Market Cap0.1162
Market Dominance0.17%
Market Rank#39
Algorand Market Cap
Market Cap$3,596,058,346.37
5.47%
Fully Diluted Market Cap$12,518,643,878.59
5.62%
Algorand Price Yesterday
Yesterday's Low / High
$1.17 /
$1.35
Yesterday's Open / Close
$1.29 /
$1.29
Yesterday's Change

0.03%

Yesterday's Volume$505,907,556.12
Algorand Price History
7d Low / 7d High
$1.17 /
$1.80
30d Low / 30d High
$0.9881 /
$1.82
90d Low / 90d High
$0.4323 /
$1.82
52 Week Low / 52 Week High
$0.1757 /
$1.82
All Time High
Jun 21, 2019 (2 years ago)
$3.28
61.84%
All Time Low
Mar 13, 2020 (a year ago)
$0.1024
1122.48%
Algorand ROI

61.82%

Algorand Supply
Circulating Supply2,872,562,221 ALGO
Total Supply5,400,465,798 ALGO
Max Supply10,000,000,000 ALGO