Algorand (ALGO) traded up 3.1% against the US dollar during the 24 hour period ending at 13:00 PM ET on October 27th. Over the last seven days, Algorand has traded 9.2% lower against the US dollar. One Algorand coin can now be purchased for approximately $0.12 or 0.00000172 BTC on exchanges. Algorand has a market cap of $970.51 million and approximately $16.19 million worth of Algorand was traded on exchanges in the last day.
Here’s how similar cryptocurrencies have performed over the last day:
- Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $25.82 or 0.00038080 BTC.
- NEAR Protocol (NEAR) traded up 2.4% against the dollar and now trades at $4.32 or 0.00006376 BTC.
- Internet Computer (ICP) traded 2.7% higher against the dollar and now trades at $7.84 or 0.00011563 BTC.
- Cronos (CRO) traded up 2.2% against the dollar and now trades at $0.0744 or 0.00000110 BTC.
- Hedera (HBAR) traded up 3% against the dollar and now trades at $0.0492 or 0.00000073 BTC.
- Cosmos (ATOM) traded 1.8% higher against the dollar and now trades at $4.40 or 0.00006494 BTC.
- Fetch.ai (FET) traded 3.2% higher against the dollar and now trades at $1.26 or 0.00001863 BTC.
- Akash Network (AKT) traded up 1.9% against the dollar and now trades at $2.29 or 0.00003384 BTC.
- Theta Fuel (TFUEL) traded up 1.2% against the dollar and now trades at $0.0549 or 0.00000081 BTC.
- Kava (KAVA) traded up 2.4% against the dollar and now trades at $0.33 or 0.00000485 BTC.
Algorand Profile
ALGO uses the hashing algorithm. Its genesis date was June 11th, 2019. Algorand’s total supply is 10,000,000,000 coins and its circulating supply is 8,328,758,241 coins. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here. Algorand’s official website is algorand.foundation. Algorand’s official message board is forum.algorand.org. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here.
Algorand Coin Trading
It is usually not currently possible to purchase alternative cryptocurrencies such as Algorand directly using U.S. dollars. Investors seeking to acquire Algorand should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Algorand using one of the exchanges listed above.
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