AlgorandALGO#66
Technical indicators Calculated from daily closes
Derivatives (Perpetual)
About Algorand
Algorand is a proof-of-stake blockchain launched in 2019 by Turing Award winner and MIT cryptographer Silvio Micali. It uses a pure proof-of-stake consensus that randomly selects block proposers and committees from all token holders, providing fast finality and resistance to forks without slashing penalties. Algorand emphasizes carbon-neutral operation, low and predictable fees, and instant transaction finality measured in a few seconds. ALGO is the native token used for fees and participation in consensus. The platform supports smart contracts written in TEAL or higher-level languages, and has been adopted for tokenized assets, central bank digital currency pilots, supply chain projects and decentralized finance applications.
Frequently asked questions
What is Algorand?
Algorand (ALGO) is a cryptocurrency tracked on the Binance exchange. It currently trades at $0.1230 with a 24-hour volume of $43.54M.
What is the current Algorand price?
The current price of Algorand is $0.1230 USD on Binance, updated every second via live data feeds.
How much is 1 ALGO in USD?
As of the most recent update, 1 ALGO = $0.1230 USD. The price may have changed by the time you read this — refresh to see the latest tick.
What is the 24h trading volume of Algorand?
Algorand has a 24-hour trading volume of $43.54M USD on the ALGOUSDT pair.
Where can I trade Algorand?
Algorand is available on Binance under the ALGOUSDT trading pair. NowPrice tracks the live price but does not facilitate trading.
What is the all-time high of Algorand?
The all-time high of Algorand (ALGO) was $3.56 on Jun 20, 2019. The current price is -96.5% from the ATH.
What is the market cap of Algorand?
The market cap of Algorand is $1.09B based on a circulating supply of 8.91B ALGO. The fully-diluted valuation (FDV) is $1.09B.
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