The live price of Algorand is $ -- (ALGO/USDT) today with a current market cap of $ 1.57B. 24-hour trading volume is $ 47.48M. ALGO to USDT price is updated in real-time. ALGO is 0.00% in the last 24 hours. It has a circulating supply of 8.13B USDT.
ALGO Market Information
Popularity
#63
Market Cap
1.57B
24h Volume
47.48M
Circulation Supply
8.13B
About(ALGO)
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.
The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token.
FAQ About Algorand (ALGO)
What is Algorand (ALGO)?
Algorand (ALGO) is a cryptocurrency that serves as the native digital currency of the Algorand blockchain platform. Algorand is a decentralized blockchain protocol designed to provide a scalable, secure, and efficient environment for building decentralized applications (DApps) and executing smart contracts.
What is ALGO Used For?
ALGO can be used for value transfer in the Algorand eco-system. It is also used to protect the Algorand Network. ALGO can also be staked by validators of the network to reward them for validating transactions and keeping the PoS Blockchain secure. ALGO is currently available on Toobit.
Are you looking for ALGO Price? Live ALGO price is updated in real-time on Toobit.
Where to Buy Algorand (ALGO)?
You can buy ALGO on some cryptocurrency exchanges. Choose one that suits you. You also can buy ALGO on Toobit with USDT. Read our guide on How to Trade Spot on Toobit for more information.
