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. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Algorand, using ranking algorithms that are based on Historical price data.
| ALGO Price | $0.3796 USD |
| Price Change24h | $0.0146 USD (4.00%) |
| 24h Low / 24h High | $0.3633 / $0.4101 USD |
| Trading Volume24h | $60,025,204 USD |
| MarketCap | $2,760,707,840 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 |
|---|---|---|
| Sep 25, 2022 | $0.4101 | Neutral |
| October, 2022 | $ 0.3898 USD | Downside |
| November, 2022 | $ 0.3844 USD | Downside |
| December, 2022 | $ 0.3629 USD | Downside |
| March, 2023 | $ 0.8054 USD | Upside |
| September, 2023 | $ 1.6862 USD | Upside |
ALGO Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Algorand rise today? | Our data indicates Algorand will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Algorand (ALGO) in future? | Our analysis shows a possible all time high of $1.6862 USD |
| Will Algorand (ALGO) price increase in future? | Our prognosis shows Algorand (ALGO) will increase exponentially in future, attaining a possible coin price of $1.6862 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? | $1.6862 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 = $1.6862 USD. |
| What is the Algorand price prediction for 2025? | By the year 2025, the price of one ALGO could be as high as $8.4311 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? | We painstakingly listed out some great options for you. Purchase ALGO coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Algorand has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| September 14, 2022 | $0.2967 | $2,913,154 |
| September 13, 2022 | $0.3235 | $12,325,423 |
| September 12, 2022 | $0.3263 | $7,544,269 |
| September 11, 2022 | $0.3223 | $7,113,941 |
| September 10, 2022 | $0.3246 | $8,973,796 |
| September 9, 2022 | $0.3078 | $10,603,127 |
| September 8, 2022 | $0.2992 | $7,476,976 |
| September 7, 2022 | $0.2854 | $7,118,116 |
| September 6, 2022 | $0.3046 | $9,507,085 |
| September 5, 2022 | $0.3127 | $4,431,358 |
| September 4, 2022 | $0.303 | $9,015,039 |
| September 3, 2022 | $0.3024 | $4,469,554 |
| September 2, 2022 | $0.2936 | $8,416,016 |
| September 1, 2022 | $0.2884 | $4,184,056 |
| August 31, 2022 | $0.2916 | $5,151,546 |
| August 30, 2022 | $0.2981 | $5,534,061 |
| August 29, 2022 | $0.2823 | $5,491,646 |
| August 28, 2022 | $0.2889 | $3,960,341 |
| August 27, 2022 | $0.2831 | $5,677,804 |
| August 26, 2022 | $0.3074 | $9,169,737 |
| August 25, 2022 | $0.3023 | $5,843,136 |
| August 24, 2022 | $0.3076 | $7,077,937 |
| August 23, 2022 | $0.3032 | $6,676,163 |
| August 22, 2022 | $0.3062 | $4,626,449 |
| August 21, 2022 | $0.3003 | $6,175,008 |
| August 20, 2022 | $0.303 | $8,741,559 |
| August 19, 2022 | $0.3336 | $13,837,684 |
| August 18, 2022 | $0.3406 | $5,077,398 |
| August 17, 2022 | $0.3527 | $8,328,231 |
| August 16, 2022 | $0.3577 | $5,174,263 |
How to Buy Algorand (ALGO) in 2022
There are 3 steps to purchasing Algorand. They are:
- Buy Bitcoin: The best places to buy Bitcoin in 2022 with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase ALGO directly with USD. They are: Kraken, Bitfinex, BitTrex, OKCoin, binanceusa, blockchaincom, .
- Move the Bitcoin to an Exchange that supports ALGO: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the ALGO/BTC trading pairs.
At the moment, ALGO is currently available for purchase 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, . - Buy Algorand on the Exchange: Now, you can buy Algorand with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different ALGO pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
Exchanges that support ALGO/USD Pair
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| 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 | Exchange Grade |
|---|---|---|
| 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 | - |
