After taking a short break, Algo resumed buying pressure this week and broke out of a major resistance level to a new high. While it appeared highly bullish daily, we may see a small pullback before rallying hard. This month saw Algo through its highest buying volatile period since it […]
Tag: Algorand
Tether To Halt USDT Support On EOS and Algorand, Shifting Focus To Community-Driven Blockchain Support
Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy. Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will […]
What Is Algorand? Is It a Good Investment for 2022?
We had seen meme coins like Shiba Inu and Metaverse coins like The Sandbox and Decentraland dominate crypto markets in 2021. One cryptocurrency flying under the radar is Algorand, currently ranked as the eighteenth highest project by market cap, with a whopping $11 billion valuation. ALGO hasn’t had a parabolic […]
Algorand Price Up 8%, Biggest Gainer on Crypto.com
With cryptocurrency markets experiencing intermittent bearish momentum, some coins show bullish signs. Today’s biggest gainer on Crypto.com is Algorand, up a modest 8% in the past 24 hours. What is Algorand, and why did the price rise today? Let’s find out. What Is Algorand? Algorand is a blockchain-based platform for […]
Overviewing the Algorand Hype – Price Analysis & Recent Developments
Introduction to Algorand Algorand is building a pure proof-of-stake blockchain designed to power worldwide frictionless finance. Launched by award-winning Silvio Micali, Algorand is playing its part in changing the worldwide financial landscape by fixing many of blockchain’s most pressing issues. To put this into perspective, the Algorand blockchain is able […]