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ALGO price is still in a deep correction, and the bears are in control. The price is down 98% from its all-time high of 3.77, and it's struggling to find a bottom. If the downtrend continues, it could soon trade below its listing price.
Maintaining the deep correction phase, the ALGO price remains under a strong bearish influence. Trading at a 98% drop from the all-time high of 3.77, Algorand struggles to find a reversal spot. If the downtrend continues, the crypto might shortly trade lower than the listing price.
Algorand (ALGO) has recently announced significant changes to its protocol that are set to reshape the future of the blockchain network. These developments are aimed at increasing decentralization and fostering consensus among participants, signaling a bold step forward for the project.
Algorand revealed some big plans when it announced changes to the protocol. While whales showed some interest in ALGO, overall investor sentiment showed a different picture.
Algorand Foundation has unveiled a strategic integration with the Metamask Snaps framework.
Bankrupt crypto lender Celsius has proposed the appointment of Algorand's blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings. Kokinos, who left Algorand in 2022, is the co-owner of Fahrenheit Holdings and Arrington Capital.
Former Algorand CEO Steve Kokinos has been named as the prospective CEO of the company succeeding Celsius' operations.
Steve Kokinos, former CEO of Algorand, is claimed to have served as CEO of the company that would take over the Celsius business.
The Algorand Foundation has made a strategic investment in Pera Algo Wallet, a self-custodial cryptocurrencies wallet on the Algorand blockchain, to support various Algorand wallets, and will host a live event to discuss the partnership.
Being one of the most bearish tokens of 2023, the ALGO price trend continues to breach multiple demand belts. The multiple lower highs lead to a prominent resistance trendline in the 1-day chart. The ALGO coin price is trading close to its all-time low of $0.
The Algorand Foundation is voting on governance measures, including auto-renewal mechanisms and increased NFT rewards, amid a plummeting native token, $ALGO.
August was a bearish month for the cryptocurrency market. This was evident in both Bitcoin (BTC) and various other altcoins.
The Algorand (ALGO) price recently decreased from the $0.11 horizontal support area. It reached a new all-time low price on August 17.
ALGO Prices fail to fuel momentum into the falling wedge breakout rally, resulting in a bearish continuation. Algorand falls under the crucial psychological mark of $0.10, creating the lowest daily closing price of $0.0934. The ALGO price action shares a trend similar to Bitcoin moving as it moves sideways.
In a strategic move that is set to reshape the landscape of electronic payments in Latin America, blockchain technology provider Algorand has joined forces with Ripio, a pioneering company specializing in electronic payment solutions for businesses across the region. This groundbreaking alliance marks the dawn of a new era for the Ripio Wallet and Ripio Trade platforms, offering users the unprecedented capability to leverage Algorand's high-performance blockchain for rapid and secure transactions using stablecoins.
The cryptocurrency sphere has been abuzz with discussions centering around Algorand (ALGO), a digital currency that has recently encountered a string of fluctuations in its trading patterns. These tumultuous market movements have left both investors and analysts on the edge, eager to decipher the underlying dynamics that have contributed to ALGO's roller-coaster ride.
ALGO traders may need to stay vigilant in the market considering Algorand's latest collaboration. Although, as of 24 August ALGO traders seemed on the fence about their investments.
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.
Charles Hoskinson's Algorand sidechain proposal is sparking heated debates within the community.
ALGO's bearish market structure saw the altcoin sink to another all-time low before making a brief recovery. However, there could be another price dump on the way.
Algorand's ALGO token price has plunged to new lows following the crypto market's epic crash on Aug. 17. According to CryptoSlate's data, the digital asset fell to an all-time low of $0.08846 last Thursday.
In a significant turn of events that has reverberated throughout the cryptocurrency market, Alrogrand's ALGO token has plummeted to an unprecedented low of $0.09, according to data sourced from CoinGecko. The cryptocurrency landscape is currently grappling with a pervasive bearish trend, and this downward spiral has spared no exception for Alrogrand's proof-of-stake based layer-1 blockchain.
In a captivating twist of events, Algorand (ALGO) has embarked on an exhilarating bullish journey, showcasing a remarkable surge of 6.83% within a mere 24-hour timeframe. This meteoric ascent has propelled ALGO's value to an impressive $0.1185, leaving investors and cryptocurrency enthusiasts alike eager to decipher the underlying catalysts driving its recent triumph.
Algorand's (ALGO) performance on the charts has been nothing short of a rollercoaster. According to data from CoinGecko, yesterday, the asset's value plummeted to a historical bottom, and it's currently down by nearly 10% in the past 24 hours.
