Table of Contents:
- Coin prognosis
- What is Algorand coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy ALGO
Possible uptrend on Algorand Up Only
Our coin price forecasting algorithm indicates bullishness on the ALGO/USD pair. This means it will do well in the near to long term.
| ALGO Price | $0.1615 USD |
| Price Change 24hours | $0.0019 USD (1.19%) |
| 24h Low / 24h High | $0.1594 / $0.1625 USD |
| Trading Volume 24hours | $9,363,791 USD |
| Market Cap | $1,230,124,416 USD |
What is Algorand? Fundamental Analysis
The Algorand platform is the first public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once. Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jun 1, 2023 | $0.1625 | Neutral |
| July, 2023 | $ 0.1892 USD | Upside |
| August, 2023 | $ 0.2104 USD | Upside |
| September, 2023 | $ 0.2730 USD | Upside |
| December, 2023 | $ 0.2432 USD | Upside |
| June, 2024 | $ 0.4175 USD | Upside |
ALGO Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Algorand (ALGO) in future? | Our analysis shows a possible all time high of $0.4175 USD |
| Will Algorand (ALGO) price increase in future? | Our prognosis shows Algorand (ALGO) will increase exponentially in future, attaining a possible coin price of $0.4175 USD |
| Will an Investment in Algorand (ALGO) be profitable or make a loss? | Algorand will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Algorand (ALGO) in future? | $0.4175 USD |
| Will the price of Algorand (ALGO) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Algorand? | Our algorithms indicates an end of year price of 1 ALGO = $0.4175 USD. |
| What is the Algorand price prediction for 2025? | By the year 2025, the price of one ALGO could be as high as $2.0875 USD |
| Algorand price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Algorand? | Purchase ALGO coin here → |
Historical Price Data (USD)
Rising volume like Algorand has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| May 23, 2023 | $0.1611 | $72,927 |
| May 22, 2023 | $0.1616 | $1,693,744 |
| May 21, 2023 | $0.1647 | $1,723,641 |
| May 20, 2023 | $0.1648 | $1,242,370 |
| May 19, 2023 | $0.165 | $1,950,946 |
| May 18, 2023 | $0.172 | $3,261,078 |
| May 17, 2023 | $0.1695 | $2,390,044 |
| May 16, 2023 | $0.1668 | $1,746,665 |
| May 15, 2023 | $0.163 | $2,424,178 |
| May 14, 2023 | $0.1622 | $1,840,062 |
| May 13, 2023 | $0.1649 | $1,032,136 |
| May 12, 2023 | $0.1626 | $2,316,991 |
| May 11, 2023 | $0.1687 | $2,367,401 |
| May 10, 2023 | $0.1652 | $3,015,537 |
| May 9, 2023 | $0.1645 | $2,206,879 |
| May 8, 2023 | $0.1734 | $4,360,426 |
| May 7, 2023 | $0.1755 | $1,322,601 |
| May 6, 2023 | $0.1814 | $2,523,219 |
| May 5, 2023 | $0.1772 | $3,250,207 |
| May 4, 2023 | $0.1811 | $2,341,663 |
| May 3, 2023 | $0.1789 | $2,607,978 |
| May 2, 2023 | $0.1774 | $2,638,061 |
| May 1, 2023 | $0.1803 | $3,026,172 |
| April 30, 2023 | $0.1837 | $1,739,625 |
| April 29, 2023 | $0.1838 | $1,516,459 |
| April 28, 2023 | $0.184 | $2,114,906 |
| April 27, 2023 | $0.1812 | $2,671,908 |
| April 26, 2023 | $0.1879 | $6,328,007 |
| April 25, 2023 | $0.1855 | $2,621,601 |
| April 24, 2023 | $0.1879 | $2,398,511 |
Steps to buy Algorand (ALGO) in 2023
- Buy ALGO with USD: Purchase ALGO with USD on the following exchanges: Kraken, Bitfinex, BitTrex, OKCoin, binanceusa, blockchaincom, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports ALGO/BTC pair. You can buy ALGO with Bitcoin at Kraken, HuobiPro, OKEX, HitBTC, huobikorea, Kucoin, bhex, Coinbase, Kraken, Bitfinex, Binance, BitTrex, HuobiPro, OKEX, bequant, Exmo, Upbit, blockchaincom, BitMart, HitBTC, huobikorea, bitmax, Kucoin, CoinEx, bhex, .
- Now, Buy Algorand with BTC: Below is a detailed breakdown of exchanges that support Algorand and their trading.
Exchanges that support ALGO/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Kraken | ALGO/USD | AA |
| Bitfinex | ALGO/USD | A |
| BitTrex | ALGO/USD | A |
| OKCoin | ALGO/USD | A |
| binanceusa | ALGO/USD | BB |
| blockchaincom | ALGO/USD | BB |
Exchanges that trade ALGO/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Coinbase | ALGO/BTC | AA |
| Kraken | ALGO/BTC | AA |
| Bitfinex | ALGO/BTC | A |
| Binance | ALGO/BTC | A |
| BitTrex | ALGO/BTC | A |
| HuobiPro | ALGO/BTC | A |
| OKEX | ALGO/BTC | BB |
| bequant | ALGO/BTC | BB |
| Exmo | ALGO/BTC | BB |
| Upbit | ALGO/BTC | BB |
| blockchaincom | ALGO/BTC | BB |
| BitMart | ALGO/BTC | BB |
| HitBTC | ALGO/BTC | B |
| huobikorea | ALGO/BTC | B |
| bitmax | ALGO/BTC | B |
| Kucoin | ALGO/BTC | B |
| CoinEx | ALGO/BTC | C |
| bhex | ALGO/BTC | - |
Exchanges that allow ALGO/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Kraken | ALGO/ETH | AA |
| HuobiPro | ALGO/ETH | A |
| OKEX | ALGO/ETH | BB |
| HitBTC | ALGO/ETH | B |
| huobikorea | ALGO/ETH | B |
| Kucoin | ALGO/ETH | B |
| bhex | ALGO/ETH | - |
