Algorand

1
Predicted performance
Price prediction in 3M

0.12193394 58.01%

Historical
Future
0%
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What is Algorand all about

What is Algorand all about

All-Time High • Jun 20 2019

3.15

All-Time Low • Mar 13 2020

0.094202

Market Cap

2,028,623,186

Market Cap 24h

7,176,356 +0.36%

Total Volume

56,168,851

Circulating Supply

6,973,062,509.66

70%
Max Supply

10,000,000,000

All Time High Change

-90.76%

All Time Low Change

+209.07%

Algorand is a permissionless non-forkable blockchain with its own consensus mechanism called pure proof of stake (PPoS). It is because of this consensus mechanism, Algorand is able to become scalable and secure with fast block creations and transactions without compromising any bit of decentralization.

In PPoS, a small set of verifiers are selected randomly to participate in a voting system. An elected leader proposes a block to this set for a single round of voting, and if the leader is honest, the block verification is completed with only 2 above-mentioned steps. With the help of Verifiable Random Functions, a unique mechanism developed by Algorand, participants will be able to check if they are selected in the set of verifiers.

Algorand is built on the core principle of making the development of dapps and blockchain-based projects simple and quick. The smart contracts running on Algorand’s blockchain are highly customizable and are able to operate at over 1000 transactions per second.

Algorand is founded by turning award-winning MIT professor and co-inventor of zero-knowledge proofs, Silvio Micali. The company was able to raise close US$ 120 million in their ICO and private sale rounds. Other than an experienced team of executives, the project has its own Algorand Foundation which takes charge of all governance, administration, and research-based activities.

Algorand Profit Calculator

Algorand Profit Calculator

Date of investment

20.06.2019

Initial investment

EUR

Bought

ALGO
79.56556090685419%

Today's value would be

0
-79.57%
Investment
Loss
Questions & Answers

ALGO Questions & Answers

What is the current price of Algorand?

Osom expert

Today, the price of Algorand is 0.29 EUR.

To date, what was the highest price of Algorand?

Osom expert

The highest price of Algorand was registered on 2019-06-20, when it was at 3.15 Euro.

What will Algorand cost 1 month from now?

Osom expert

According to our short term price prediction, we estimate that Algorand's value will be between €0 and €0.28 in 30 days.

Is Algorand going to cost more in 3 months?

Osom expert

On the basis of our price prediction we suspect the cost of Algorand will be between €0 and €0.45 in 90 days.

What is the price of Algorand going to be in half a year?

Osom expert

Difficult as it is forecasting long term according to our short term price prediction we estimate that Algorand's price will be anywhere between €0 and €0.45 half year from now.

How popular are topics related to Algorand on online?

Osom expert

68626 individuals took part in discussing Algorand online on Reddit in the last 48 hours. Algorand's Twitter handle currently is followed by 284430 people.

Questions & Answers form

Got a question about Algorand? Ask us!

10 days Algorand price forecast

10 days Algorand price forecast

DayPrice PredictionChange
2022-07-040.11702804-59.7%
2022-07-050.10106296-13.64%
2022-07-060.09758074-3.45%
2022-07-070.09374092-3.94%
2022-07-080.08399623-10.4%
2022-07-090.07623992-9.23%
2022-07-100.06859487-10.03%
2022-07-110.05672238-17.31%
2022-07-120.04235708-25.33%
2022-07-130.04076478-3.76%

Long term Algorand price prediction

MonthPrice PredictionChange
August 220.00272413-99.06%
September 220.12009366+4308.51%
October 220.12193394+1.53%
November 220-100%
December 220-NaN%
January 230-NaN%
February 230-NaN%
March 230-NaN%
April 230-NaN%
May 230-NaN%
June 230-NaN%
July 230-NaN%

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