Algorand project icon

Algorand

Price data powered by CoinGecko API

ALGO

/

TOKEN

$.

$0.0864

7D range

$0.0899

Stats

Market Cap
$780.63M
FDV
$780.41M
Circulating Supply
8.925B
Total Supply
8.925B
24h Volume
$40.9M
Open Interest
$1.5M

Token Transparency Rating

Total Score

Unrated

Powered by Blockworks TTF

ALGO

/

TOKEN

$.

$0.0864

7D range

$0.0899

About

Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Unlike other PoS models, PPoS does not reward, nor does it put validator or user funds at risk of being slashed (a loss of funds used to promote honest node and user behavior). Algorand intends to eventually leverage its PPoS design to form the foundation for an on-chain governance system.

Algorand FAQs

What is the market cap of Algorand?

The current market cap of Algorand is $780.63M. A high market capitalization implies that the asset is highly valued by the market.

What is the current trading activity of Algorand?

Currently 467.23M of Algorand were traded within 24 hours. In other words, $40.86M have changed hands in the past 24 hours. That's a change of -1.78%.

What is the current price of Algorand?

The price of 1 Algorand currently costs $0.09.

How many Algorand are there?

The current circulating supply of Algorand is 8.92B. This is the total amount of Algorand that is available.

What is the relative popularity of Algorand?

Algorand currently ranks 74 among all known cryptocurrency assets. The popularity is based on relative market cap.

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