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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crypto algorand gainer biggest signs today modest

Источник: nulltx.com

crypto algorand → Результатов: 72


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.

2021-11-16 04:31


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

CryptoNinjas » Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, announced it has chosen Algorand as its blockchain protocol partner.

2021-2-24 00:14


Binance US Adds Algorand (ALGO) and Cosmos (ATOM) Staking

US-based Binance is the latest entrant into the staking game. It has joined other leading crypto exchanges by including staking rewards for cosmos (ATOM), and algorand (ALGO) cryptocurrencies. The exchange released an official announcement on Wednesday regarding this new development and stated that the returns are to be made on a month-to-month basis. ATOM and ALGO […]

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