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The so-called “OG” coins like Cardano (ADA) and Algorand (ALGO) are seeing strong momentum as the crypto altseason starts. In this context, Finbold asked an artificial intelligence (AI) model whether ADA or ALGO makes a better buy for 2025.
The bulls, institutions, and market participants have become highly optimistic about the crypto markets, and as a result, the tokens have begun their journey to their highs. After the Bitcoin price rally, the altcoins were expected to take over some momentum.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
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.
While Bitcoin calms after Trump-driven rallies above $93,000, Algorand (ALGO) witnesses a bullish revival. The altcoin remained elevated over the past few sessions, up 30% on its weekly chart. Meanwhile, ALGO's recovery prints a bullish engulfing candlestick, which completes a morning star setup.
With a market cap of $1.08 billion, ALGO price is currently ranking at 7th position in the crypto world. The ALGO token, trading at $0.1306, has increased by 7.15% in the past 24 hours. With a bullish recovery at play, will the bull run in Algorand tokens surge to $0.
Binance Exchange has announced plans to delist Algoran, DigiByte and GMX trading pairs.
Binance announces the removal of spot trading pairs ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC to maintain market quality. Trading bot services will also be terminated.
Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.361 in 2024. This altcoin may reach a high of $4.368 by 2030.
The automated trading platform UnTrade has reached a major milestone: $1,000,000 in Assets Under Management (AUM) in just 60 days since launching their product to retail users. This achievement isn't just about numbers – it's a testament to the hard work, dedication, and vision of the team over the past three years.
UnTrade, the rapidly growing algorithmic crypto trading platform, is excited to join the Finbridge Trading & Investing Expo in Ahmedabad, India. The event took place on September 28-29, 2024, at the EKA Club in Kankaria.
ALGO's latest price movement has drawn traders' attention to whether the token can break through a key technical barrier.
Algorand (ALGO) has been the center of attention as crypto currency enthusiasts and investors speculate about its future. Trading at around $0.13, ALGO remains significantly undervalued compared to its all-time high of $3.28.
ALGO could face a tough battle as it struggles to break above key resistance levels on its chart.
The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.
Binance periodically adds new tokens to its platform to improve users' trading experiences. This usually positively impacts the price of the listed cryptocurrencies.
Algorand (ALGO), a cryptocurrency once hailed for its innovative Proof-of-Stake (PoS) consensus mechanism, has seen significant price fluctuations over the years. As 2024 unfolds, investors and traders are keen to know whether ALGO can recover from its recent lows and possibly reach the $0.30 mark by year's end.
Charles Hoskinson hinted at a potential Cardano-Minotaur and Algorand partnership. This collaboration could create “the greatest decentralized AI powerhouse” the industry has ever witnessed.
Story Highlights The live price of the ALGO coin is . The Algorand price could reach a maximum of $0.361 in 2024. This altcoin with a potential surge, may reach a high of $4.368 by 2030. The current price of Algorand is .
Cardano founder Charles Hoskinson recently sparked speculation and excitement in the ADA community when he teased the idea of an Algorand partner chain.
With thousands of cryptocurrencies available on the market, investors are still looking for affordable assets that have the potential to emulate Bitcoin's (BTC) growth.
In the latest development, Cardano CEO Charles Hoskinson shared his views on the power of the Algorand blockchain technology and the possibilities of partnering with them on decentralized artificial intelligence (AI) projects. Such a partnership can unlock new opportunities for both players in the rapidly evolving AI industry.
In a recent report analyzing the second quarter (Q2) performance of the Layer 1 (L1) blockchain Algorand (ALGO), data analytics firm Messari highlighted several notable milestones achieved by the network during the period, with a record in transactions being one of the most notable ones. Rapid Network Growth One of the key metrics that stood out was the surge in Algorand's average daily transactions, which skyrocketed by 104% to reach 4.7 million.
SuperBots, a leading DeFi Algo Trading Platform, is proud to announce that its algorithmic trading vaults have successfully protected user funds during the recent severe market volatility, which saw Ethereum (ETH) holders lose 30% of their holdings' value.
