News with the tag "ALGO Price"

In a recent report analyzing the second quarter (Q2) performance of the Layer 1 (L1) blockchain Algorand (ALGO), data analytics firm Messari highlighted several notable milestones achieved by the network during the period, with a record in transactions being one of the most notable ones. Rapid Netwo...

In the latest sudden DEX pump, a spin-off Wrapped ALGO (XALGO) coin has climbed +1,000% in just 24-hours, but with price now reeling, this other crypto might be the next to explode. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garn...

Algorand (ALGO), a smart contract platform employing the Proof-of-Stake (PoS) consensus mechanism, has showcased notable progress in the third quarter (Q3) of the year, as reported by Messari. Despite facing some challenges, the platform has seen remarkable growth in its ecosystem and significant de...

GoPlausible, a team of developers building tools for people to create and use Algorand, has launched AlgorandExplorer. This explorer fuses the capabilities of ChatGPT to ease interaction with the public, proof-of-stake blockchain. Algorand is a smart contract platform similar to Ethereum, allowing u...

ALGO bounces off a critical support level but the altcoin's market structure remains bearish as of press time.

Intrigue is swirling after X's inaugural Client Council event provided insight into the platform's ambitions to evolve into "The Everything App," with many in crypto circles dissecting hints about potential peer-to-peer payment options. While details remain scarce, the event spotlighted X's vision f...

Algorand (ALGO) has recently announced significant changes to its protocol that are set to reshape the future of the blockchain network. These developments are aimed at increasing decentralization and fostering consensus among participants, signaling a bold step forward for the project. One of the m...

Bitcoin jumped to a two-week high on Tuesday, August 29, after digital asset manager Grayscale won a lawsuit against the U.S. Securities and Exchange Commission (SEC). Bitcoin's price gained $1,400 within the first hour after the news broke. The ruling by the U.S. Court of Appeals for the District o...

Algorand native token, ALGO, has experienced a dramatic plunge in the wake of the recent crash in the cryptocurrency market. On August 19, the token’s value plummeted by a staggering 18%, hitting a low of $0.082. While ALGO subsequently rebounded slightly, currently trading at $0.097 according to Co...

ALGO's bearish market structure saw the altcoin sink to another all-time low before making a brief recovery. However, there could be another price dump on the way.