Algorand's (ALGO) Social Engagement Spikes Following Hivemind Capital's $25M Investment
Hivemind Capital deployed 80 million ALGO tokens into various DeFi and governance programs across Algorand ecosystem.
Keep up with what's happening in the crypto world in real-time.
Hivemind Capital deployed 80 million ALGO tokens into various DeFi and governance programs across Algorand ecosystem.
Algorand recently received a big boost for its blockchain ecosystem courtesy of Hivemind Capital's $25 million investment to the decentralized finance (DeFi) Layer 1 chain. Algorand DeFi ecosystem recently attained new all-time high in total locked value ALGO registered a 3.23% price surge before experiencing minor price correction once again The altcoin is predicted to be extremely volatile over the next few days The crypto-focused investment firm announced three days ago that it has deployed 80 million ALGO tokens across various governance and DeFi programs under the umbrella of the Algorand ecosystem.
Algorand's [ALGO] social engagement hit 12.78 million on the hourly clock as LunarCrush reported that the ALGO was gaining massive attention than the usual. This out-of-the-ordinary increase seemed proof for ALGO enticing a big part of the crypto community.
Technology updates on blockchain networks show commitment to making ecosystems more efficient for users. On the other hand, not all updates are good - some bring controversy and questions, like Algorand (ALGO) and Litecoin (LTC)'s latest moves.
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject In response to the lengthy transaction times of Bitcoin and other blockchains, Algorand was developed to expedite transactions and increase efficiency.
Algorand [ALGO] may be in the midst of celebrating a moment. This is because Algorand witnessed significant growth in the DeFi space over the past week.
The global cryptocurrency market unexpectedly sparked into life on Thursday despite negative inflation data following the US Consumer Price Index (CPI) being released.
The total valued locking in DeFi protocols on Algorand has hit a new all-time high of $270 million.
In a market that continues to be highly volatile but struggling to find its way back up, we analyze four cryptocurrencies with the most attractive growth prospects
Floating Point Group, which operates a cryptocurrency prime brokerage, announced its partnership with ML Tech, a non-custodial investment management and trading platform. With this, customers of FlowVault will receive access and monitoring of ML Tech's Algorithmic Trading Strategies.
ALGO price is ticking bearish and may break down below the $0.29 range. This would take it to a new yearly low, accelerating the drop.
Algorand may not be the most popular blockchain network but it has quickly been climbing up the ranks. It owes this growth to the rapid development aimed at leveraging the demand for fast and affordable layer-1 solutions.
Algorand (ALGO) has signed a partnership deal with AnChain.AI.With the new alliance, the platform's developers can now take advantage of AnChain.AI's artificial intelligence-powered solutions.
A popular opinion within global communities is that crypto is a get-rich-quick scheme. This is a result of media propaganda, and while it is a common misconception, cryptocurrency investing is still a very legitimate and lucrative means of income generation.
The Fear and Greed Index is 24 Extreme Fear and is +2 from Monday's reading of 22 Extreme Fear
The Algorand blockchain's daily on-chain volume recorded a Month-over-Month (MoM) increase of over 365% in September, according to Kraken's latest crypto on-chain report. More Than 365% Increase Last Month The daily volume of ALGO transactions conducted on the Algorand network from the beginning of the year to last month rose by 367% in September.
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject Leading layer 1 blockchain project Algorand seeks to establish itself as the top platform for programmers to create decentralized apps (dApps) across all sectors.
The crypto arena is getting swamped with different cryptocurrencies. We'll make it easy!
The crypto market which had just attempted to regain the lost bull run, has yet again flipped its move with bears taking over the market. The lead cryptocurrency, Bitcoin, has plunged below $20,000 area and is now trading at $19,972 after a fall of 1.60% over the last 24hrs.
A popular crypto analyst thinks Cardano (ADA) and Algorand (ALGO) will be two blockchains “to watch out for” when the next bull market kicks off. Pseudonymous Coin Bureau host Guy says in a new discussion with fellow crypto analyst Benjamin Cowen that both Ethereum (ETH) rivals have great teams behind them.
Forget about the crypto winter. These three cryptos are thawing out and posting double-digit positive returns.
In the cryptocurrency market, tokens can be bought through the presale process. It allows buyers to get in early and profit from the token's price increase.
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject The native coin of the Algorand ecosystem is Algorand (ALGO). Algorand is a decentralized open-source blockchain that uses smart contracts.
Algorand price has been trying to sail through the choppy waters, the coin has moved against the broader market price movement. Over the last 24 hours, Algorand has gained 2%, which means that ALGO is stuck in consolidation.