Algorand (ALGO) Market Cap Achieves $1.18 Billion

() rose 2.5% in value against the US Dollar during the 1-day period ending at 0:00 am ET on the 12th of May. Algorand's total market capitalization is $1.18 billion. In the last trading day, Algorand worth $37.46 millions was traded. Algorand's value against the US Dollar has fallen 8.9% in the past seven days. On popular exchanges, one Algorand can be purchased for $0.16 or 0.00000610BTC.

The performance of other crypto currencies in the past day is shown below:

Avalanche (AVAX), which trades for $15.12, or 0.00056377 BTC, is now 2.1% higher than the dollar.

Cosmos (ATOM), which is a cryptocurrency, has traded at $10.96 (or 0.00040857 BTC) after gaining 0.1% against the dollar.

Internet Computer (ICP), which trades for $5.19, or 0.00019371 BTC, is now up 3.9% against the dollar.

Hedera (HBAR), which is a cryptocurrency, has traded 3% higher in relation to the dollar. It now trades for $0.0520 or 0.00000194 BTC.

Cronos (CRO), which is currently trading at $0.0624, or 0.00000233 BTC, has gained 0.5% in value against the dollar.

NEAR Protocol (NEAR), which trades for $1.64, or 0.00006131 BTC, is up 5.6% in value against the dollar.

Kava (KAVA), which is currently trading at $0.93, or 0.00003475 BTC, has traded 10.6% higher than the dollar.

Theta Fuel (TFUEL), which is currently trading at $0.0437, or 0.00000163 Bitcoin, has gained 3.7% in value against the dollar., or FET, is now trading at $0.24 (0.00000893 BTC) after gaining 1% against the dollar.

Moonbeam (GLMR), which trades for $0.29 or 0.00001081 Bitcoin, has gained 4.3% in value against the dollar.

Hashing is a hashing algorithm. The first time it was traded was on June 19, 2019. Algorand has a total supply of 7,440,689088 coins, and a circulating supply of 7,226,363,929. The official message board of Algorand is

CryptoCompare states that 'Algorand is an open-source, decentralized blockchain protocol with permissionless technology. It facilitates transactions and protects the network from malicious actors. It's designed to offer fast, reliable, and secure transactions, with low transaction costs and scalability. Algorand is a proof-of stake protocol that can be used to transfer money, purchase goods and services securely, send messages, create and deploy decentralized applications (dApps), and tokenize assets. Algorand is an asset that investors can benefit from due to its low fees, security, and scalability. It was developed by Silvio MIcali, a Turing Award winning professor at MIT, and renowned cryptography specialist, and managed by the Algorand Foundation.

Algorand Coin Trading

Currently, it is not possible to buy alternative cryptocurrencies like Algorand using U.S. Dollars. Changelly, GDAX or GDAX.’s FREE CryptoBeat Newsletter