ALGO Price Predicted to Go Back to $0.25 While This New Token Might 20x in 2023

Algorand native token, ALGO, has experienced a dramatic plunge in the wake of the recent crash in the cryptocurrency market. On August 19, the token’s value plummeted by a staggering 18%, hitting a low of $0.082.  While ALGO subsequently rebounded slightly, currently trading at $0.097 according to CoinGecko, the prevailing sentiment suggests that the selling pressure is something investors must keep an eye on. The 24-hour gains have been a mere 0.9%, and over the span of the past week, ALGO has suffered a 5.3% decline. ALGO price action today. Source: Coingecko Related Reading:....

Algorand native token, ALGO, has dropped 17% since the start of this month and has now joined the group of cryptocurrencies whose prices have tumbled by double digits this month. Algorand sheds 91.30% from ATH of $3.28 ALGO price now trading at $0.2985 MFI at 17 reaches oversold zone Away by 91.30% from its record high of $3.28, ALGO is the 30th-ranked cryptocurrency with the greatest market capitalization.  Related Reading: VeChain Pulled In Sideways Motion As VET Price Faces Rejection At $0.0247 ALGO Price Loses 0.81% Of Value According to CoinMarketCap, ALGO price has dipped by 0.81% or....

Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. In the past few months cryptocurrencies have become a frequent topic of discussion among the mainstream media and traditional investors partially because of the Bitcoin evangelism of well-known influencers like Elon Musk, Mark Cuban and Michael Saylor. One platform that has benefited from increased attention on the cryptocurrency sector is Algorand (ALGO), a scalable, secure, and decentralized digital currency platform.Since the....

Despite bagging substantial gains earlier in the trading day, Algorand (ALGO) is down over 27% as of writing. The token’s price drop follows a bearish market sentiment that sees major coins plummet on the day.  The past seven days had seen the token climb steadily. It even tried reaching its 6-month high of $0.488 yesterday. However, its rally was cut short and only registered an intraday high of $0.409. Related Reading: Ethereum Bulls Defend $1,200 Support As Price Holds; How Long Will This Last? Algorand’s price dump comes as news of FTX acquisition by Binance surfaces. This single news....

Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during Saturday’s session, as prices rose by as much as 15% on the day. Following yesterday’s low of $0.63, ALGO/USD rallied to an intraday peak of $0.745 to start the weekend. The surge saw prices move from long-term support of $0.65, to now hovering....