• $0.238801 USD Price
  • -92.76% ROI
  • #51 Market Rank
  • $38,968,185 USD 24 Hour Volume
  • 771,817,007 ALGO Circulating Supply
  • 3,303,088,850 ALGO Total Supply
  • No Data Max Supply
  • $0.102403 USD
    (Mar 13, 2020)
    All Time High
  • $3.28 USD
    (Jun 21, 2019)
    All Time Low
  • $1.04 USD /
    $0.102403 USD
    52 Week High / Low
  • $0.258595 USD /
    $0.165906 USD
    90 Day High / Low
  • $0.256206 USD /
    $0.198723 USD
    30 Day High / Low
  • $0.253832 USD /
    $0.203200 USD
    7 Day High / Low
  • $0.253832 USD /
    $0.235513 USD
    24 Hour High / Low
  • $0.251114 USD /
    $0.230458 USD
    Yesterday's High / Low



  1. One of the most important slogans of the Algorand system is the slogan of the unlimited economy. Unlimited economy means a system in which the Blockchain technology is being developed day by day.
  2. Algorand's official cryptocurrency is ALGO Token.
  3. Pure Proof of Strake system is used in the Algo Token. This enables the use of a more reliable and more consistent system.
  4. Another system used in Algo Token algorithm is the mechanism of intrusion. With this system, users' transactions cannot be traced.
  5. It is very difficult in the Blockchain system to complete the money transfer transactions at once without uncertainty processes. Algorand has been able to overcome such technical barriers to create a healthier process.
  6. There is no use of folk in Algorand system.
  7. Algo Tokens can be stored in Algorand Wallets.
  8. The computing resources on the system are not used unnecessarily to solve cryptocurrency problems. This makes it possible to perform faster transactions.
  9. There is a certain number of users selected. Although the number of participants increases, the number of people selected does not change.
  10. Do you know how to buy Algorand Tokens? You can buy them from Binance.
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Algorand is a superior cutting edge blockchain that utilizations Pure Proof of Stake (PPoS) and pseudorandom capacities. Many have called this task "Blockchain 3.0", as it takes care of Bitcoin's outstanding adaptability issues while keeping up security and decentralization. ALGO stands apart from other elite blockchains by its validity author, MIT educator Silvio Micali. Keep reading to explore what is ALGO and how it works.

What is Algorand?

  1. To endeavor to defeat this, Algorand selected a Pure Proof of Stake (Pure PoS) accord component. Strikingly, the component utilizes an alternate methodology contrasted with different changes of the PoS system. 
  2. For example, rather than requiring 100% accord from all the approving gatherings, ALGO is alright with a 66% larger part agreement. This implies so as to assault ALGO, you should buy more than 33% of the all out supply of Algorand. This will at any rate be uneconomical and holding such an enormous volume of the stock implies that you have a huge stake and would not have any desire to see it fizzle. 
  3. The Algorand stage underpins two kinds of hubs; hand-off and interest. A significant point to note is that the hand-off hubs don't partake in casting a ballot or basic leadership. Rather, they encourage correspondence between cooperation hubs. Transfer hubs are additionally equipment serious contrasted with member hubs. 
  4. In spite of the fact that Algorand wallets are planned around being completely decentralized, the ALGO Foundation holds a ton of ALGO tokens and henceforth control. 
  5. Notwithstanding, the stage is foreseen to be increasingly decentralized in coming a long time as the establishment keeps on exchanging its position. 

How to Buy Algorand?

To buy Algorand, it can take an interest in the ALGO stage as a square proposer by just changing their location from disconnected to online on the Algo explorer. Fortunately, this alternative doesn't rely upon the measure of Algo tokens staked. Mining isn't required, all you need is to stake its ALGO token and have the hubs on the web.

Are you ready to meet a new generation cryptocurrency platform founded by a MIT professor who is a cryptography representative? Founded by Silvio Micali, Algorand addresses users who want to trade on a completely decentralized platform. Users can be anonymous when trading freely on decentralized platforms. Furthermore, being scalable for different business transactions is also very important for a cryptocurrency. Algorand offers a high quality service. Finally, in terms of security, Algorand has highly developed software. Don't forget to read the rest of the article to find more detailed answers to what is Algorand.