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ALGO Overview

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Intellectia
24H High
0.0939
24H Low
0.088
24H Volume
38.36M
24H Volatility
6.70%
All Time High
3.440
All Time Low
0.0794
Correlation with BTC
0.72
Return On Investment
-97.35%
Market Cap
807.75M
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $0.24 per token.
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Official WebsiteBlock ExplorerWhitepaper

Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of ALGO on social media as of June 14, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding ALGO's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of ALGO on social media as of June 14, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding ALGO's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

No social media posts available

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K99.73%
$1K+0.00%
$1k-$100K+0.27%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers10.48%
Holders84.84%
Traders4.68%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others75.11%
Whales24.89%

Wallet addresses by amount held in USD

$0-$1K99.73%
$1K+0.00%
$1k-$100K+0.27%

Similar Coins to ALGO

Best Match
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$0.00000436
0.08%
2nd Match
an image of XRP logoXRP
$1.137
0.08%
3rd Match
an image of AVAX logoAVAX
$6.490
0.08%
4th Match
an image of LINK logoLINK
$7.848
0.08%
5th Match
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$0.956
0.09%
6th Match
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$0.258
0.08%

Whitepaper Summary

Algorand is a high-performance blockchain platform that now processes up to 6,000 transactions per second with sub-4 second block finality. The platform provides robust tools for developers to build decentralized applications and digital assets using their AlgoKit development suite, which has been significantly enhanced since its initial release. The network maintains its commitment to sustainability as a carbon-negative blockchain.

News

Coinmarketcap
2.0
20:12 PMCoinmarketcap
Ethereum Faces Heavy Outflows as $14.8 Million Leaves Spot ETFs
  • Resistance Zone Analysis: Ethereum is currently trading around $1,674, with market focus on the $1,650 to $1,700 supply zone; analyst Gerla warns that a breakout without strong volume could indicate a false rally, impacting short-term market dynamics.
  • Institutional Outflows: Spot Ethereum ETFs in the U.S. saw a net outflow of $14.8 million this week, with BlackRock's ETHA fund experiencing a single-day outflow of $4.95 million, reflecting weakened market sentiment that could exert downward pressure on Ethereum's price.
  • Strong Staking Demand: Staking activity on the Ethereum network remains robust, with the entry queue nearing 3 million ETH and new validators facing wait times of up to 50 days, indicating sustained long-term confidence in Ethereum despite short-term price fluctuations.
  • Technical Upgrade Outlook: Ethereum is developing the Glamsterdam hard fork, scheduled for the first half of 2026, aimed at enhancing blockchain scalability and efficiency through EIP 7732, which is expected to bolster the network's long-term security and competitiveness.
Coinmarketcap
7.5
20:12 PMCoinmarketcap
Ripple Sets $1 Billion Revenue Target Without XRP Sales
  • Revenue Target Set: Ripple CEO Brad Garlinghouse announced that the company aims to achieve $1 billion in recurring operating income by the end of 2026 without relying on XRP sales, reflecting a long-term strategy towards a sustainable fintech business model.
  • Institutional Revenue Growth: The integration of Ripple Prime with Hidden Road has significantly boosted institutional revenue, indicating the company's success in diversifying its income streams, especially during periods of XRP market weakness.
  • Enterprise Services Expansion: Ripple's enterprise clients are increasingly utilizing its payment infrastructure, having facilitated over $100 billion in transaction volume, demonstrating widespread adoption for cross-border transactions and liquidity management.
  • Tech Investment and Compliance Support: Ripple is investing in emerging technologies through initiatives like the XRP Ledger AI Starter Kit to support automated payments, while CEO Garlinghouse actively backs regulatory efforts in Washington to provide clearer legal frameworks for financial institutions.
Coinmarketcap
7.5
20:11 PMCoinmarketcap
SHIB Exchange Outflows Rise 20% as Investors Move Tokens Off Trading Platforms
  • Outflow Increase: SHIB's exchange outflows have risen by 20%, indicating that investors prefer to store assets in private wallets rather than on exchanges; however, this increase is still too modest to significantly alter the market outlook.
  • High Exchange Reserves: Despite the rise in outflows, exchanges continue to hold over 80 trillion SHIB, indicating a substantial supply available for trading, which limits large-scale accumulation by major investors.
  • Stable Network Activity: While SHIB's price remains under pressure, increases in active addresses, sending addresses, and receiving addresses suggest healthy user participation; however, this alone is unlikely to drive a market recovery without significant capital inflows.
  • Price Trend Challenges: SHIB continues to trade below its 50-day, 100-day, and 200-day moving averages and has failed to break out of a descending wedge structure, indicating that the broader bearish trend is likely to persist despite the positive signals from increased outflows.
Coinmarketcap
2.0
20:11 PMCoinmarketcap
Ethereum Price Faces Key Resistance Levels
  • Price Resistance Analysis: Ethereum's current price hovers around the critical resistance level of $1,674, with market participants closely monitoring trading dynamics in this price range to gauge potential future movements.
  • Volume and Breakout Potential: Analysts suggest that if Ethereum can break through the $1,650 to $1,700 range with substantial trading volume, it could redefine market outlook and push prices towards $1,800.
  • Institutional Outflows: U.S. spot Ethereum ETFs experienced a net outflow of $14.8 million this week, with BlackRock's ETHA fund facing a $4.95 million outflow in a single day, indicating a decline in investor confidence.
  • Staking Participation Interest: Ethereum's staking participation remains robust, with the entry queue swelling to about 3 million ETH, reflecting ongoing interest in network participation, while the upcoming Glamsterdam hard fork promises to enhance scalability and operational efficiency.

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Frequently Asked Questions

What is price prediction 2025 for ALGO Crypto?

I'm sorry, but I couldn't process your request at this time.

What is surpport and resistant level for ALGO Crypto?

The S1 support level for ALGO Crypto is $0.087 ,The R1 resistant level for ALGO Crypto is $0.0986.

What is the current price of ALGO Crypto?

The price of ALGO Crypto was $0.09.

What is the market cap of ALGO?

The market cap of ALGO is $807.8M.