25-06-20242 min read
Algorand price (ALGO)
Buy Algorand-
--Past 24h
Data provided by CoinGecko
What is Algorand?
Algorand is an ecosystem focused on improving the scalability of blockchain interactions. These improvements ensure that transactions are very fast and cheap. Algorand is therefore one of the projects that has been given the name 'Ethereum killer'.
The Algorand system has its own cryptocurrency called ALGO. This coin can be used as the official currency within the Marshall Islands, can be used for staking rewards (and network security) and is used for various E-commerce platforms.
Since Alrogrand is open source, developers can even create and run dApps via the Algorand network. The system supports smart contracts and token creation.
Historic ROI
1 year
56.73%
3 years
-87.88%
5 years
-7.67%
Price (Month)
Lowest
€0.0992
Highest
€0.221
Algorand Market
Marketcap
€1.7 Billion
Circulation
8.3 Billion
Volume 24h
€270 Million
Dominance
0.05%
Trustpilot
Since 2019
Algorand is a technology company founded by award-winning MIT professor Silvio Micali
PPoS
Algorand uses a pure proof-of-stake (PPoS) protocol based on Byzantine consensus.
10 billion
The number of ALGO coins is limited to 10 billion. Not all of them have been released yet.
The perfect time to buy
Algorand statistics from the last 24 hours
24h ago
-
24h highest price
-
24h lowest price
-
24h difference
-
Why Algorand at Anycoin?
With more than 14,000 reviews on TrustPilot (average score of 9.0) and official registration with The Dutch Central Bank (DNB), Anycoin Direct has been one of the most trusted crypto services in Europe since 2013.
Personal attention
If you have any questions you can always contact one of our knowledgeable colleagues via chat, phone or mail.
Trustworthy since 2013
Anycoin was founded in 2013 and is registrered at the central bank of The Netherlands and the Austrian Finance Authority.
Simple and easy payments
You can pay with all of the most commonly used payment methods in Europe.
Current crypto prices
Coin
Current price
24h difference
Chart
Buy
Latest news about Algorand
12-07-20233 min read
23-06-20232 min read
Learn more about the Algorand price
The history of Algorand
Like most coins, Algorand did not become successful overnight. Algorand has started a sold out ICO. However, the coin has not performed very well when you consider the ROI it has delivered for early investors. At the time of writing, the coin is about 90% off its all-time high since 2019. At the same time, the coin (at the time of writing) is a significant 250% off its all-time low in early 2020. The project has been in free fall right after launch, but since then the project has grown tremendously in both functionalities and users.
final bullrun
Algorand has proven itself in the latest bull run. The project has soared to the top 20 largest cryptocurrencies and has grown from €0.20 cents to €2 euros each.
Add Algorand to your portfolio
Anycoin App
Crypto Partner of Heroes Den Bosch