ALGO market information
24 hour low
$0.354
24 hour high
$0.385
Market cap ranking
#44
Market cap
$3.17B
24 hour volume
$162.81M
Circulating supply
8.4B
Total supply
10B
ALGO live price data
The current price of Algorand is $0.377, with a 24-hour trading volume of $162,812,073.90. In the last 24 hours, the price of Algorand increased by 1.04%. With a circulating supply of 8,401,433,486.82 ALGO and a maximum supply of 10,000,000,000.00 ALGO, Algorand's fully diluted market cap stands at $3,773,209,536.51. Currently, Algorand ranks #44 by market cap.
About Algorand
Algorand is a decentralised platform that was created in 2019. It aims to provide a secure and scalable infrastructure for the development and deployment of decentralised applications and services, particularly for use cases that require fast and secure transactions. The purpose of Algorand is to provide a secure and scalable infrastructure for the development and deployment of decentralized applications and services, enabling businesses and organisations to build and deploy a wide range of applications on a secure and decentralised infrastructure. One of the key features of Algorand is its consensus algorithm, which provides fast and secure transaction processing, enabling the platform to handle a large number of transactions and applications with low latency and low fees. This is achieved through the use of a pure proof-of-stake consensus algorithm, which provides fast and secure transaction processing while maintaining high levels of security and decentralisation. In addition to its consensus algorithm, Algorand also provides a suite of tools and services to support the development and deployment of decentralised applications and services, including smart contract functionality and support for tokenisation and asset issuance. This enables businesses and organizations to build and deploy a wide range of applications on the Algorand platform, including financial applications, supply chain management, and more.
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