Algorand (ALGO)

Algorand Price (ALGO)

Here you can see the current Algorand price and its historical development. Algorand is one of the crypto currencies you can trade at BISON.
As of today (21.06.2024), the current Algorand (ALGO) price is at 0,13 EUR, a 1,08% increased as the previous day (20.06.2024) of 0,13 EUR.

Current Price 0,1318 +1,20%
Time and Date Friday, 21.06.2024 15:25:35
24h Low 0,1277
24h High 0,1325
Last 52 weeks Low 0,0825 (12.09.2023)
Last 52 weeks High 0,2912 (14.03.2024)

General information about Algorand (ALGO)

Algorand (ALGO) is a decentralized and scalable open-source blockchain project that aims to deliver high levels of security and fast transaction speed while keeping costs low.  Silvio Micali, a professor of computer science at the Massachusetts Institute of Technology, founded Algorand in response to Bitcoin’s (and other blockchains’) slow transaction times. Algorand’s network was released in June 2019 and has processed almost 1 million transactions per day since December 2020. The cryptocurrency uses a consensus mechanism called pure proof-of-stake and aims to be the first blockchain to operate with a negative carbon footprint. As such, Algorand is among the most environmentally friendly crypto infrastructures. Its native token, ALGO, can be used to pay transaction fees, DApp computing services, and as an asset on the Algorand network.

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Interesting facts about the digital currency Algorand (ALGO) at a glance

  • Abbreviation: ALGO

  • Tradable since: June 2019

  • Ranking: 28th place (29.11.2022)

  • All-time high: €3.38 (21.06.2019)

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