Algorand price to exit a 3-year consolidation: is a 400% surge coming?

Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December. The ongoing decline is largely attributed to worsening market sentiment in… Source link

Algorand and Panshibi look to rally in coming months

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Algorand and Panshibi are gearing up for potential breakouts, with analysts eyeing major price surges in the coming months. The potential of Algorand (ALGO) and Panshibi (SHIBI) to surge is creating a massive buzz […]

Algorand rolls out staking rewards program

Proof-of-stake blockchain network Algorand has announced that staking rewards are now live, offering real-time block reward payouts to validators. The Algorand Foundation stated that the program follows the recent upgrade to the network’s consensus mechanism, which was deployed earlier this week. According to the foundation, minimum rewards are set at 10 ALGO per block, with […]

Algorand price eyes a 50% surge as active addresses, transactions rise

Algorand’s price moved sideways this week, mirroring the performance of most altcoins following Donald Trump’s inauguration. Algorand (ALGO), a top layer-2 network, was trading at $0.4165, about 16% below its highest level last week. The coin has several encouraging fundamentals that could push it higher in the coming days. According to Nansen, the number of […]

Algorand retests key level amid 20% spike

The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15. Algorand (ALGO) rose sharply as a bullish flip that buoyed XRP (XRP) to highs of $3 for the first time since 2018 also helped Stellar (XLM) higher.  With a 20% price increase, Algorand became […]

Santa delivers as PENGU, Jasmy, IOTA, and Algorand prices surge

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains.  Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion. This rally happened after data showed that its NFT sales jumped by 40% in the last 24 hours to $1.38 […]