Coins: 10053 Exchanges: 942 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Algorand price

Algorand Price (ALGO)

$0.19342

0.84%
Rank #29

Algorand Price Chart (ALGO/USD)

Last updated 23 Apr 2024, 21:36PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance ALGO / USDT $0.10825300 0.09% $7,838,013
2 FMFW.io ALGO / USD $0.30595000 0.17% $3,965,075
3 Bitrue ALGO / USDT $0.10804300 0.28% $3,488,174
4 Upbit ALGO / KRW $0.11033500 0.70% $3,426,399
5 AscendEX (BitMax) ALGO / USDT $0.10817100 0.37% $2,868,851
6 Coinbase Exchange ALGO / USD $0.10800000 0.09% $2,605,223
7 KuCoin ALGO / USDT $0.10805100 0.09% $1,906,919
8 XT.COM ALGO / USDT $0.10859200 0.09% $1,551,230
9 OKX ALGO / USDT $0.10845700 0.09% $1,324,530
10 Coinstore ALGO / USDT $0.10800500 0.28% $1,149,886
11 AscendEX (BitMax) ALGO / BTC $0.10828400 0.27% $1,008,997
12 CoinW ALGO / USDT $0.10815100 0.37% $900,963
13 Gate.io ALGO / USDT $0.10808100 0.04% $847,767
14 Bitci ALGO / TRY $0.10915700 0.41% $712,133
15 Digifinex ALGO / USDT $0.10808900 0.13% $657,114
16 Bybit (Spot) ALGO / USDT $0.10801800 0.04% $635,262
17 Binance ALGO / BUSD $0.13299200 0.08% $585,208
18 Toobit ALGO / USDT $0.10951200 0.27% $502,528
19 BitMart ALGO / USDT $0.10827800 0.12% $462,722
20 BingX ALGO / USDT $0.10832200 0.74% $458,990
21 Binance ALGO / BTC $0.22887800 0.10% $449,823
22 Coinbase Exchange ALGO / BTC $0.10834400 0.27% $383,178
23 Binance ALGO / BNB $0.35182100 0.16% $337,855
24 Bitrue ALGO / XRP $0.11645700 0.92% $320,410
25 AscendEX (BitMax) ALGO / USD $0.10980000 1.44% $313,834
26 Huobi Global ALGO / USDT $0.10850100 0.09% $309,592
27 Dex-Trade ALGO / USDT $0.10805300 0.37% $293,438
28 Bitrue ALGO / BUSD $0.11569700 0.43% $275,697
29 BitMart ALGO / BTC $0.21674500 0.31% $253,378
30 BigONE ALGO / USDT $0.10814800 0.92% $241,800
31 EXMO ALGO / USDT $0.10874500 0.54% $240,313
32 Bithumb ALGO / KRW $0.10976000 0.07% $237,124
33 Phemex ALGO / USDT $0.10771500 0.15% $228,650
34 EXMO ALGO / BTC $0.10921300 0.81% $226,814
35 Kraken ALGO / EUR $0.10810900 0.07% $209,521
36 Binance ALGO / TRY $0.18781200 0.03% $194,543
37 LBank ALGO / USDT $0.10804800 0.09% $192,172
38 Bitvavo ALGO / EUR $0.10826100 0.21% $184,113
39 BTSE ALGO / USD $0.10800000 0.37% $168,859
40 OKX ALGO / BTC $0.11096600 0.23% $163,330
41 DIFX ALGO / USDT $0.10795200 0.09% $162,857
42 Gate.io ALGO / TRY $0.22837200 0.80% $159,840
43 BitMart ALGO / USDC $0.10826000 0.20% $153,279
44 MEXC Global ALGO / USDT $0.10825300 0.09% $152,941
45 Coinbase Exchange ALGO / EUR $0.10938800 0.20% $133,595
46 Binance ALGO / ETH $0.35686000 0.09% $131,475
47 Kraken ALGO / USD $0.10817000 0.03% $126,594
48 Coinbase Exchange ALGO / GBP $0.10704000 0.24% $105,485
49 Paribu ALGO / TRY $0.10938900 0.08% $104,658
50 Binance US ALGO / BUSD $0.23328200 0.26% $97,768

ALGO Price Statistics

$0
24H Range
$0
  • Algorand Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $49,256,798
  • Market Cap Rank #72
  • Market Cap $1,572,155,292
  • Volume / Market Cap 0.0313
  • All-Time High $4 -94.57%
    Jun 20, 2019
  • All-Time Low $0 121.02%
    Sep 11, 2023


Algorand: Revolutionizing the Cryptocurrency Market


Introduction


Algorand is a groundbreaking cryptocurrency platform that has created waves in the digital currency market. Using innovative blockchain technology, Algorand aims to provide a secure, scalable, and decentralized platform for financial transactions. In this article, we explore the features and benefits of Algorand cryptocurrency.


What is Algorand?


Algorand was developed by Silvio Micali, a renowned computer scientist and Turing Award winner. It is a blockchain-based platform that aims to overcome the limitations faced by traditional cryptocurrencies like Bitcoin and Ethereum. Algorand aims to provide fast, secure, and efficient transactions to its users.


Key Features of Algorand


1. Pure Proof-of-Stake: Algorand uses a unique consensus algorithm called "Pure Proof-of-Stake" (PPoS) to secure its network and validate transactions. PPoS ensures that the network remains secure while maintaining high transaction speeds.


2. Scalability: Algorand is designed to handle a high volume of transactions. With its innovative architecture, it can process thousands of transactions per second, making it ideal for applications requiring quick and efficient financial transactions.


3. Decentralization: Algorand aims to provide a decentralized platform that is not controlled by any central authority. Its consensus algorithm ensures that decisions are made collectively by the network participants, promoting fairness and inclusivity.


4. Security: Algorand employs advanced cryptographic techniques to ensure the security and integrity of its transactions. It prioritizes the prevention of double-spending and other fraudulent activities, making it a highly secure platform.


Benefits of Algorand


1. Speed: Algorand's fast transaction processing speeds make it suitable for various applications, including high-frequency trading, remittances, and real-time settlements.


2. Low Fees: Algorand's efficient design translates into lower transaction fees compared to traditional cryptocurrencies. This makes it an attractive option for individuals and businesses looking to minimize transaction costs.


3. Ecosystem Development: Algorand has developed a strong ecosystem of developers, entrepreneurs, and partners who are actively contributing to its growth. This vibrant community ensures continuous innovation and a diverse range of applications built on the Algorand platform.


4. Secure and Transparent: Algorand's blockchain technology provides an immutable and transparent record of all transactions. This ensures that transactions are tamper-proof and can be verified by anyone, enhancing trust and confidence in the system.


Conclusion


Algorand cryptocurrency is revolutionizing the digital currency market with its advanced technology and unique features. Its focus on scalability, security, and decentralization positions it as a leading platform for financial transactions. With its growing ecosystem and strong community support, Algorand is set to bring about a new era of innovation in the cryptocurrency industry.