Algorand Price Hits $0.13 on Top Exchanges (ALGO)

Algorand (ALGO) traded 1.6% higher against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on September 12th. In the last week, Algorand has traded up 9.5% against the U.S. dollar. Algorand has a market cap of $1.06 billion and $19.35 million worth of Algorand was traded on exchanges in the last 24 hours. One Algorand coin can currently be purchased for $0.13 or 0.00000221 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 1% against the dollar and now trades at $23.82 or 0.00040801 BTC.
• NEAR Protocol (NEAR) traded 5.5% higher against the dollar and now trades at $4.25 or 0.00007285 BTC.
• Internet Computer (ICP) traded down 4.1% against the dollar and now trades at $8.48 or 0.00014529 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0789 or 0.00000135 BTC.
• Hedera (HBAR) traded down 0.7% against the dollar and now trades at $0.0503 or 0.00000086 BTC.
• Cosmos (ATOM) traded down 2.2% against the dollar and now trades at $4.09 or 0.00007003 BTC.
• Fetch.ai (FET) traded up 5.4% against the dollar and now trades at $1.41 or 0.00002411 BTC.
• Akash Network (AKT) traded up 4% against the dollar and now trades at $2.46 or 0.00004220 BTC.
• Theta Fuel (TFUEL) traded up 1% against the dollar and now trades at $0.0565 or 0.00000097 BTC.
• Kava (KAVA) traded 2.6% higher against the dollar and now trades at $0.31 or 0.00000538 BTC.

Algorand Profile

ALGO uses the hashing algorithm. It was first traded on June 11th, 2019. Algorand’s total supply is 10,000,000,000 coins and its circulating supply is 8,243,455,485 coins. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here. The official message board for Algorand is forum.algorand.org. The official website for Algorand is algorand.foundation.

According to CryptoCompare, “Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.”

Algorand Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Algorand directly using US dollars. Investors seeking to acquire Algorand should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Algorand using one of the exchanges listed above.

ALGO/USD price chart by TradingView