2021-3-25 16:00 |
Algorand helps secure almost 100,000 authors' copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more. origin »
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Algorand price rose more than 20% as the overall crypto-bullish sentiment seeped into the layer-1 blockchain’s ecosystem. The ALGO token traded to highs of $0. 47, the highest price level since Dec.
After taking a short break, Algo resumed buying pressure this week and broke out of a major resistance level to a new high. While it appeared highly bullish daily, we may see a small pullback before rallying hard.
Algorand (ALGO) price surged more than 11% on August 8 as the broader crypto market witnessed a spike in upside pressure. CoinGecko data shows ALGO currently trades around $0. 12 on major crypto exchanges, about 7% up in the past 24 hours.
Algorand’s ALGO token price has plunged to new lows following the crypto market’s epic crash on Aug. 17. According to CryptoSlate’s data, the digital asset fell to an all-time low of $0.
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the decision to decommission its platform is due to a “confluence of events,” which has made it impossible to maintain its highest standards of service.
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company.
Algorand (ALGO/USD) price drifted downwards on Tuesday morning as investors focused on regulatory concerns. ALGO’s token dropped to $0. 2200, which was a few points below Monday’s high of $0.