Algorand Price (ALGO), Market Cap, Price Today & Chart History - Blockworks (2024)

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Algorand Price (ALGO), Market Cap, Price Today & Chart History - Blockworks? ›

The live Algorand price today is $0.13 with a 24-hour trading volume of $53.78M. The table above accurately updates our ALGO price in real time. The price of ALGO is down -0.45% since last hour, up 4.75% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $1.08B.

Algorand (ALGO) Price History

Algorand price is +39.28% over the last year. The highest price of ALGO in the last year was $0.32 and the lowest price of Algorand in the last year was $0.090.

Our real-time ALGO to USD price update shows the current Algorand price as $0.124371 USD. Our most recent Algorand price forecast indicates that its value will increase by -0.77% and reach $0.123413 by September 18, 2024.

Algorand (ALGO) Price Prediction 2030

According to your price prediction input for Algorand, the value of ALGO may increase by +5% and reach $ 0.16656 by 2030.

In 2025, we forecast ALGO's bullish momentum will continue, with our predicted prices ranging between $0.321 and $0.472 – aligning with the gradual growth your portfolios are positioned for.

Algorand (ALGO) crypto price prediction 2040

As for the Algorand price prediction 2040, at $3.42, ALGO's steady performance might be attributed to its established position as a reliable blockchain platform and the expansion of its use cases.

Algorand price prediction 2035: Algorand's price for 2035 according to our analysis should range between $0.54 to $0.81 and the average price of ALGO should be around $0.68.

The price of ALGO should rise as more DeFi apps become available, but for Algorand to hit $20, The entire crypto market must continue to be highly bullish. This is not investment advice and only speculation because crypto price predictions are merely conjecture.

By 2050, our long-term Algorand price prediction estimates that the maximum price could reach up to $12.29. With continuous developments and advancements in technology, it's possible that the average price of ALGO Coin to be around $11.94.

Can Algorand reach $1 000? ›

There is high possibility of Algorand not reaching 1000 USD mark before 2022 if crypto market crashed. The supply of Algorand's native cryptocurrency, ALGO, is capped at 10 billion tokens, created at the time Algorand launched in 2019. Many of those coins are locked up and have yet to be distributed.

It is generally regarded as a successful investment if you want to own the coin for a long time. But if you are thinking of investing in Algorand (ALGO), then before anything else, you need to go through what experts predict about the Algorand price today and also in the next decade.

Algorand Price Prediction 2025

Telegaon analysts believe that in 2025, ALGO will reach a minimum price level of $0.54 (+349%), while at its highest point it can rise to $1.14 (+848%).

Price of ALGO today

The live price of Algorand is $ 0.129391 per (ALGO / USD) with a current market cap of $ 1.07B USD. 24-hour trading volume is $ 21.10M USD. ALGO to USD price is updated in real-time. Algorand is +1.16% in the last 24 hours with a circulating supply of 8.24B.

It was founded in 2017 by Silvio Micali, a Turing Award-winning computer scientist and professor at the Massachusetts Institute of Technology (MIT). One of the unique features of Algorand is its consensus mechanism, which is known as Pure Proof-of-Stake (PPoS).

By the end of 2040, the Algorand price is projected to reach $0.5505, with a cumulative ROI of +359.50%. In 2050, the Algorand price is expected to change by +15.00%. By the end of 2050, the Algorand price is projected to reach $4.54, with a cumulative ROI of +3685.68%.

It could be. Based on the possibilities of blockchain technology, Algorand can be considered a good choice for an investor with high risk tolerance.