Algorand is a modern cryptocurrency that uses a consensus system for proof-of-stake. Algorand was initially established by a company founded by MIT professor Silvio Micali and launched in 2019. The architecture of the protocol is oriented to the prevention of hard forks. ALGO can be used for easy peer-to - peer value transfers in a way similar to Bitcoin. In January 2019, it will be open to all users. Algorand enables users to build custom assets that can be used to tokenize or issue tokenized securities to real-world assets. Smart contracts written in a programming language named TEAL also support the Algorand protocol. ALGO has already been listed on Binance, Kraken and Bitfinex, many of the world's leading cryptocurrency exchanges.
Algorand (ALGO) coin's current price is 1.392USD. The last 24-hour trading volume of Algorand is $195.80M. ALGO price has increased by 1.20% in the last 24 hours. It has a circulating supply of 2.62B coins, and the total market cap of Algorand is $3.65B. Users can use Binance, Bitfinex, or other cryptocurrency exchanges to purchase Algorand with USD utilizing their bank account and credit cards. Use the Aurox Terminal to purchase Algorand across multiple exchanges, track and view Algorand price charts, as well as utilize our proprietary signals and indicators to help you predict the market.
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