Algorand Price Up 8%, Biggest Gainer on Crypto.com

Algorand Price Up 8%, Biggest Gainer on Crypto.com
фото показано с : nulltx.com

2021-12-6 07:59

With cryptocurrency markets experiencing intermittent bearish momentum, some coins show bullish signs. Today’s biggest gainer on Crypto.com is Algorand, up a modest 8% in the past 24 hours. What is Algorand, and why did the price rise today? Let’s find out.

What Is Algorand?

Algorand is a blockchain-based platform for decentralized applications. It features a robust ecosystem of over 500 global organizations leveraging its technology. According to its official website:

“Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value across defi, financial institutions and governments.”

Some of Algorand’s top apps include Circle, a global financial technology firm, IDEX, the world’s leading decentralized smart contract exchange, and Republic, a private investing platform.

Why Is Algorand Price Rising?

The most recent news about Algorand is their recent attendance at Miami’s DeCipher on November 30th. The event was a success for Algorand, as ALGO’s price increased by over 20% that day.

As more highlights continue to come out on Algorand’s YouTube and Twitter channels, investors build more confidence in the project.

In addition, with the total ALGO addresses reaching a new all-time high of 16.4 million, it’s clear that the Algorand ecosystem is growing rapidly.

Source: metrics.algorand.org ALGO Price & Tokenomics

At the time of writing, ALGO is trading at $1.8, up 10% in the past 24 hours. Its market cap is $11.3 billion, with a 24-hour trading volume of $850 million.

There are 10 billion ALGO, with 6.29 billion in circulation. You can purchase Algorand on Binance, Coinbase Exchange, Huobi Global, KuCoin, Kraken, Crypto.com, and more.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Follow us on Twitter @nulltxnews to stay up to date with the latest cryptocurrency news!

The post Algorand Price Up 8%, Biggest Gainer on Crypto.com appeared first on NullTX.

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Объем 24H $0
Изменеия 24h: 2.35 %, 7d: -7.78 %
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crypto algorand gainer biggest signs today modest

Источник: nulltx.com

crypto algorand → Результатов: 72


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Фото:

European Blockchain Convention: Over 2.500 people are Set to attend Europe’s most Influential Blockchain & Crypto Event in 2021

The congress, which will be held online on 13-16 December, will provide access to an AI-powered networking platform to facilitate virtual 1:1 meetings between the 2. 500 attendees. An exceptional line-up of over 120 speakers will join this year’s event, including Algorand Foundation CEO Sean Lee; ‘The Bitcoin Standard’ author Dr.

2021-11-10 06:00


Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions

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