Algorand (ALGO) Price

The current price of 1 Algorand (ALGO) in USD is $0.2508. This price is currently -92.93% than its all-time high (ATH) of $3.560, and 187.63% than its all-time low (ATL) of $0.08751.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions, investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Algorand’s price.

The market capitalization of Algorand (ALGO) is $2,122,639,223.00 as of today.
Algorand (ALGO) is currently ranked #56 in the market, and this market cap is calculated by multiplying the current price of Algorand with the circulating supply.
The circulating supply of Algorand (ALGO) is 8,455,662,395, meaning there are 8,455,662,395 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Algorand (ALGO) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Algorand (ALGO)’s official platforms.

The trading volume of Algorand (ALGO) today is $65,444,764.00. This represents the total value of Algorand (ALGO) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token. As of now, Algorand (ALGO) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.

The trading volume metric, which plays a vital role in market assessment, reveals the extent of Algorand's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.

Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Algorand (ALGO) to make well-informed trading decisions.

The all-time high (ATH) price of Algorand (ALGO) is $3.560. This ATH was reached on 20 Jun 2019, marking the highest value ever for Algorand (ALGO) in the market. Currently, Algorand is lower than its ATH by -92.93%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Algorand, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.

The all-time low (ATL) price of Algorand (ALGO) is $0.08751. This ATL was reached on 11 Sep 2023, marking the lowest value ever for Algorand (ALGO). Currently, Algorand is higher than its ATL by 187.63%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Algorand (ALGO), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Algorand (ALGO), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Algorand (ALGO) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Algorand against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Algorand.
4. Place an Order: After funding your account, navigate to the Algorand (ALGO) trading pair (e.g., Algorand/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Algorand in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Algorand (ALGO).