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news-imageDecember 5, 2024

Algorand drops despite a 300% surge in active addresses – Why?

Algorand's active addresses spiked by 300% since 1st December. Over the past 24 hours, Algo has declined by 10.5% signaling market correction.
Publisher: AMBCrypto
Sentiment: Negative
ALGO

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Neutral
cover-imageCrypto Daily
December 6, 2024

Crypto Price Analysis 12-6 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, LITECOIN: LTC, CARDANO: ADA, ARBITRUM: ARB, ALGORAND: ALGO

Bitcoin (BTC) retreated sharply from its all-time high of $103,604, dipping to a low of $94,035 before recovering to climb back above $$97,000 and to its current level. The drop came a day after BTC crossed the historic $100,000 mark, with its market capitalization also shrinking to $1.95 trillion.

Positive
cover-imageCoingape
November 29, 2024

Algorand (ALGO) Price Rockets 32% After Bullish Golden Cross

Algorand (ALGO) price has seen a jump in the last 24 hours, with the token swaying between an intra-day high of $0.408 and a low of $0.2952. This rally has prompted analysts to project a price surge above the $1 mark, largely driven by the ‘Golden Cross' observed on the ALGO price chart.

Positive
cover-imageCrypto Economy
November 29, 2024

Algorand Skyrockets Over 37% in One Day—Two-Year High Reached

TL;DR Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022. ALGO's TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022.

Positive
cover-imageCoinPedia
November 29, 2024

ALGO Price Analysis: Can the Rally Target $1?

Algorand is back on the list of top performers with a broader market recovery as Bitcoin crosses above $96k. With a price surge of 20% this week, Algorand is ready for a cross above $0.50. Will Algorand price continue the bullish recovery? Let's find out in our latest ALGO price analysis.

Positive
cover-imageThe Currency Analytics
November 28, 2024

ALGO Traders Bet Big: 30% Surge to $0.42 Predicted

Algorand (ALGO) is making waves in the cryptocurrency market, with a surge in price and significant interest from both whales and retail traders. Amid a broader market correction, ALGO has gained attention as one of the top performers, attracting speculation of a potential breakout that could push its price to $0.42, a 30% increase from current levels.

Positive
cover-imageCoingape
November 27, 2024

Will Algorand (ALGO) Price Hit $1 Soon?

Algorand (ALGO) price has seen a bullish rally in the last week with the price jumping over 40%. Following the price rally crypto analysts are suggesting a potential breakout, raising questions about whether ALGO price could reach the $1 mark soon.

Positive
cover-imageThe Currency Analytics
November 20, 2024

Algorand Price Prediction: ALGO Remains Bullish Despite 15% Dip

Algorand (ALGO) has been one of the standout performers in the cryptocurrency market, particularly in November 2024. After experiencing significant price gains in October and continuing into November, the asset saw a sharp 15% dip, prompting many to question the sustainability of its upward momentum.

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