Price data powered by CoinGecko API
Token

$0.1105

Stats

Market Cap
$983.97M
FDV
$983.73M
Circulating Supply
8.906B
Total Supply
8.906B
24h Volume
$35.6M
Open Interest
$1.5M

Token Transparency Rating

Total Score

Unrated

Powered by Blockworks TTF
Token

$0.1105

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 $983.97M. A high market capitalization implies that the asset is highly valued by the market.

What is the current trading activity of Algorand?

Currently 322.75M of Algorand were traded within 24 hours. In other words, $35.65M have changed hands in the past 24 hours. That's a change of -1.54%.

What is the current price of Algorand?

The price of 1 Algorand currently costs $0.11.

How many Algorand are there?

The current circulating supply of Algorand is 8.91B. This is the total amount of Algorand that is available.

What is the relative popularity of Algorand?

Algorand currently ranks 65 among all known cryptocurrency assets. The popularity is based on relative market cap.

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