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ALGO Overview

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Intellectia
24H High
0.0974
24H Low
0.0927
24H Volume
23.80M
24H Volatility
5.07%
All Time High
3.440
All Time Low
0.0794
Correlation with BTC
0.66
Return On Investment
-97.23%
Market Cap
833.98M
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 16, 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 16, 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%

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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
7.0
17:12 PMCoinmarketcap
Binance Faces EU MiCA Licensing Challenges Amid Compliance Claims
  • Compliance Review Progress: Binance claims that the Hellenic Capital Market Commission (HCMC) has completed its review of its MiCA application and found it compliant, yet it still requires oversight from the European Securities and Markets Authority (ESMA), with potential delays impacting its operational capabilities in the EU.
  • Potential Rejection Risk: Reuters reports that EU regulators may reject Binance's licensing request, which would limit the exchange's ability to serve EU customers, potentially leading to decreased liquidity and reduced competitiveness in the market.
  • Time Sensitivity: Under the MiCA framework, Binance must secure authorization by the end of June to continue operating legally after July 1, making the implications for users and market participants clear, as the absence of authorization increases regulatory risks.
  • US Compliance Pressure: While the immediate focus is on EU MiCA authorization, Binance's compliance issues in the US remain under scrutiny, as the exchange reached a settlement of $4.3 billion with US regulators in 2023, which could influence its global reputation and compliance expectations.
Coinmarketcap
6.5
17:12 PMCoinmarketcap
BlackRock's Optimistic Outlook on Bitcoin Amid Market Shifts
  • Optimism Amid Volatility: BlackRock's Global CIO Rick Rieder expressed optimism about Bitcoin's long-term prospects during a Bloomberg interview, asserting that despite market fluctuations, Bitcoin has the potential to surpass its previous highs.
  • Prudent Investment Strategy: BlackRock maintains a cautious allocation to Bitcoin within its diversified portfolio while exploring high-growth sectors, such as technology investments and credit markets in emerging economies, reflecting a steady investment philosophy.
  • Potential for Capital Movement: Rieder noted that approximately $8 trillion to $9 trillion is parked in money market funds, and the release of this capital could lead to rapid price movements, impacting both traditional and cryptocurrency markets.
  • Monitoring Market Dynamics: BlackRock's cautious yet optimistic stance indicates their commitment to monitoring market dynamics, particularly the role of sidelined cash in shaping future asset performance and identifying potential investment opportunities.
Coinmarketcap
7.5
17:11 PMCoinmarketcap
Litecoin Trades Near Major Accumulation Zone
  • Market Confidence Decline: Litecoin currently trades at $43.99 after months of price weakness, hovering near a major accumulation zone between $30 and $41, with market participants closely monitoring its ability to defend support and rebuild momentum.
  • Forced Liquidation Impact: During key selloffs, long liquidations in Litecoin exceeded $10 million, removing leveraged bullish positions from futures markets, illustrating the repeated setbacks faced by excessive optimism in the market.
  • Long-Term Support Focus: A social media post from analyst CryptoPatel renewed attention on Litecoin's market structure, prompting participants to closely examine long-term support levels on the chart to assess future recovery potential.
  • Volume and Price Fluctuations: Despite a recent decline from approximately $60 to the low-$40 region, Litecoin recorded a 4.21% weekly gain in the latest trading session, with trading volume reaching $210.8 million, indicating market focus on support levels and potential recovery paths.
Coinmarketcap
7.5
17:11 PMCoinmarketcap
Bitcoin Exchange Supply Drops to 2.56M BTC, Lowest Since 2020
  • Liquidity Plunge: Bitcoin's exchange supply has dropped to 2.56 million BTC, marking the lowest level since 2020, indicating a rising interest in long-term holding among investors and potentially signaling an impending price rebound.
  • Market Dynamics Analysis: This metric shows a continuous increase in net outflows of Bitcoin from exchanges, declining by approximately 440,000 BTC over the past 12 months from around 3 million BTC, suggesting that investors prefer to transfer assets to self-custody following market turmoil.
  • Institutional Investment Continues: Strategy, led by Michael Saylor, acquired 1,587 BTC for about $100 million, raising its total holdings to 846,842 BTC, valued at nearly $56 billion, demonstrating ongoing institutional confidence in Bitcoin.
  • Potential Influencing Factors: The outflows of Bitcoin may not only reflect long-term holding behavior but could also indicate a shift of funds into new custody structures such as ETFs, institutional vaults, or OTC desks, highlighting changes in market structure.

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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 $0.0873 ,The R1 resistant level for ALGO Crypto is $0.0977.

What is the current price of ALGO Crypto?

The price of ALGO Crypto was $0.0942.

What is the market cap of ALGO?

The market cap of ALGO is $834.0M.