Algorand (ALGO) Price Tops $0.19

Algorand (ALGO) traded 0.1% lower against the dollar during the 24 hour period ending at 7:00 AM ET on April 23rd. Algorand has a market capitalization of $1.57 billion and approximately $44.84 million worth of Algorand was traded on exchanges in the last 24 hours. During the last seven days, Algorand has traded up 10.5% against the dollar. One Algorand coin can now be purchased for approximately $0.19 or 0.00000291 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 3% lower against the dollar and now trades at $38.42 or 0.00057966 BTC.
• NEAR Protocol (NEAR) traded up 5.1% against the dollar and now trades at $7.19 or 0.00010843 BTC.
• Internet Computer (ICP) traded 4.7% lower against the dollar and now trades at $14.84 or 0.00022381 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $8.79 or 0.00013265 BTC.
• Hedera (HBAR) traded 2.9% lower against the dollar and now trades at $0.0881 or 0.00000133 BTC.
• Fetch.ai (FET) traded down 0.7% against the dollar and now trades at $2.45 or 0.00003694 BTC.
• Akash Network (AKT) traded up 44.9% against the dollar and now trades at $6.00 or 0.00009043 BTC.
• Kava (KAVA) traded up 0.8% against the dollar and now trades at $0.74 or 0.00001120 BTC.
• Theta Fuel (TFUEL) traded 11.7% higher against the dollar and now trades at $0.11 or 0.00000168 BTC.

About Algorand

ALGO uses the hashing algorithm. Its genesis date was June 11th, 2019. Algorand’s total supply is 10,000,000,000 coins and its circulating supply is 8,133,116,826 coins. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here. The official website for Algorand is algorand.foundation. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here. The official message board for Algorand is forum.algorand.org.

According to CryptoCompare, “Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.”

Algorand Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Algorand directly using U.S. dollars. Investors seeking to trade Algorand should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Algorand using one of the exchanges listed above.

ALGO/USD price chart by TradingView