Algorand Price

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Algorand (ALGO) price has declined today.

The price of Algorand (ALGO) is $0.113856 today with a 24-hour trading volume of $47,641,686.88. This represents a -2.30% price decline in the last 24 hours and a -3.60% price decline in the past 7 days. With a circulating supply of 7.8 Billion ALGO, Algorand is valued at a market cap of $885,609,457.

Where can you buy Algorand?

ALGO tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Algorand is MEXC, where the most active trading pair ALGO/USDT has a trading volume of $203,483.73 in the last 24 hours. Other popular options include LBank and DigiFinex.

What is the daily trading volume of Algorand (ALGO)?

The trading volume of Algorand (ALGO) is $47,722,267.10 in the last 24 hours, representing a -21.60% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Algorand (ALGO)?

The highest price paid for Algorand (ALGO) is $3.56, which was recorded on Jun 20, 2019 (about 4 years). Comparatively, the current price is -96.80% lower than the all-time high price.

What is the all-time low for Algorand (ALGO)?

The lowest price paid for Algorand (ALGO) is $0.098398839092, which was recorded on Jun 10, 2023 (about 1 month). Comparatively, the current price is 15.70% higher than the all-time low price.

What is the market cap of Algorand (ALGO)?

Market capitalization of Algorand (ALGO) is $885,609,457 and is ranked #48 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ALGO tokens (7.8 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Algorand (ALGO)?

The fully diluted valuation (FDV) of Algorand (ALGO) is $1,136,661,888. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion ALGO tokens are in circulation today. Depending on how the emission schedule of ALGO tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Algorand compare against its peers?

With a price decline of -3.60% in the last 7 days, Algorand (ALGO) is underperforming the global cryptocurrency market which is down -1.00%, while outperforming when compared to similar Layer 1 (L1) cryptocurrencies which are down -5.30%.

What is the market sentiment of Algorand today?

The community is bullish as more than 83% of users are feeling good about Algorand (ALGO) today.

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