What is the market cap of Algorand?

The current market cap of Algorand is $759.49M. A high market cap implies that the asset is highly valued by the market. What is the all time high of Algorand? The all-time high of Algorand is $3.28. This all-time high is highest price paid for Algorand since it was launched.

How many Algorand coins are there?

The total supply of ALGO is capped at 10 billion coins, with about 7 billion ALGO already circulating. Algorand (ALGO) is a blockchain platform and cryptocurrency designed to function like a major payment processor. The Algorand blockchain uses a consensus mechanism it calls pure proof of stake.

How much does Algorand (Algo) cost?

The highest price paid for Algorand (ALGO) is $3.56, which was recorded on Jun 20, 2019 (over 4 years). Comparatively, the current price is -97.32% lower than the all-time high price. What is the all-time low for Algorand (ALGO)? The lowest price paid for Algorand (ALGO) is $0.087513, which was recorded on Sep 11, 2023 (29 days).

What are Algorand tokens?

The tokens that can be created on Algorand are referred to as Algorand Standard Assets (ASAs). The Algorand protocol also supports smart contracts written in a programming language called TEAL (Transaction Execution Approval Language). The smart contracts operate on Algorand’s first layer, improving efficiency.