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The Algorand cryptocurrency is the new-generation blockchain network. The technology is already called “blockchain 3.0.” The reason is that it solves the most pressing problems of Bitcoin’s scalability while maintaining security and decentralization. It is assumed that this new digital network will improve the efficiency of the regular financial system, and its protocol will facilitate the smooth circulation of currencies.
Algorand Overview
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- Our real-time ALGO to USD price update shows the current Algorand price as $0.12 USD.
- According to our Algorand price prediction, ALGO price is expected to have a -3.76% decrease and drop as low as by July 23, 2023.
- Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 69%, with a Fear & Greed Index score of 50 (Neutral).
- Over the last 30 days, Algorand has had 13/30 (43%) green days and 6.39% price volatility.
Algorand (ALGO) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Algorand (ALGO) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| July 22, 2023 | $0.115032 | -0.21% |
| July 23, 2023 | $0.114036 | -1.08% |
| July 24, 2023 | $0.110949 | -3.76% |
| July 25, 2023 | $0.109325 | -5.16% |
| July 26, 2023 | $0.111222 | -3.52% |
| July 27, 2023 | $0.113032 | -1.95% |
| July 28, 2023 | $0.111309 | -3.44% |
| July 29, 2023 | $0.109576 | -4.95% |
| July 30, 2023 | $0.108101 | -6.23% |
| July 31, 2023 | $0.106770 | -7.38% |
| August 01, 2023 | $0.106726 | -7.42% |
| August 02, 2023 | $0.107130 | -7.07% |
| August 03, 2023 | $0.119610 | 3.76% |
| August 04, 2023 | $0.118542 | 2.83% |
| August 05, 2023 | $0.116224 | 0.82% |
| August 06, 2023 | $0.115459 | 0.16% |
| August 07, 2023 | $0.117888 | 2.26% |
| August 08, 2023 | $0.115653 | 0.32% |
| August 09, 2023 | $0.117518 | 1.94% |
| August 10, 2023 | $0.118329 | 2.65% |
| August 11, 2023 | $0.121414 | 5.32% |
| August 12, 2023 | $0.123367 | 7.02% |
| August 13, 2023 | $0.120695 | 4.7% |
| August 14, 2023 | $0.122059 | 5.88% |
| August 15, 2023 | $0.119454 | 3.62% |
| August 16, 2023 | $0.116583 | 1.13% |
| August 17, 2023 | $0.115448 | 0.15% |
| August 18, 2023 | $0.113314 | -1.7% |
| August 19, 2023 | $0.113632 | -1.43% |
| August 20, 2023 | $0.112716 | -2.22% |
Algorand Prediction Table
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $0.139986 | $0.139986 | $0.149985 |
| 2024 | $0.19998 | $0.209979 | $0.239976 |
| 2025 | $0.29997 | $0.309969 | $0.349965 |
| 2026 | $0.439956 | $0.449955 | $0.519948 |
| 2027 | $0.619938 | $0.639936 | $0.759924 |
| 2028 | $0.919908 | $0.949905 | $1.08 |
| 2029 | $1.28 | $1.33 | $1.59 |
| 2030 | $1.92 | $1.99 | $2.21 |
| 2031 | $2.73 | $2.83 | $3.26 |
| 2032 | $4.16 | $4.28 | $4.85 |
Algorand Historical
According to the latest data gathered, the current price of Algorand is $$0.11, and ALGO is presently ranked No. 45 in the entire crypto ecosystem. The circulation supply of Algorand is $892,223,349.16, with a market cap of 7,791,318,197 ALGO.
In the past 24 hours, the crypto has increased by $0.0011 in its current value.
For the last 7 days, ALGO has been in a good upward trend, thus increasing by 3.08%. Algorand has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of ALGO has increased by 6.08%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Algorand Price Prediction 2023
According to the technical analysis of Algorand prices expected in 2023, the minimum cost of Algorand will be $$0.107. The maximum level that the ALGO price can reach is $$0.142. The average trading price is expected around $$0.177.
ALGO Price Forecast for July 2023
Based on the price fluctuations of Algorand at the beginning of 2023, crypto experts expect the average ALGO rate of $$0.111 in July 2023. Its minimum and maximum prices can be expected at $$0.107 and at $$0.115, respectively.
August 2023: Algorand Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ALGO price in August 2023. The minimum trading cost might be $$0.107, while the maximum might reach $$0.123 during this month. On average, it is expected that the value of Algorand might be around $$0.115.
ALGO Price Forecast for September 2023
Crypto analysts have checked the price fluctuations of Algorand in 2023 and in previous years, so the average ALGO rate they predict might be around $$0.123 in September 2023. It can drop to $$0.114 as a minimum. The maximum value might be $$0.132.
October 2023: Algorand Price Forecast
In the middle of the year 2023, the ALGO price will be traded at $$0.140 on average. October 2023 might also witness an increase in the Algorand value to $$0.153. It is assumed that the price will not drop lower than $$0.127 in October 2023.
ALGO Price Forecast for November 2023
Crypto experts have analyzed Algorand prices in 2023, so they are ready to provide their estimated trading average for November 2023 — $$0.139. The lowest and peak ALGO rates might be $$0.114 and $$0.163.
December 2023: Algorand Price Forecast
Crypto analysts expect that at the end of summer 2023, the ALGO price will be around $$0.150. In December 2023, the Algorand cost may drop to a minimum of $$0.120. The expected peak value might be $$0.179 in December 2023.
Algorand Price Prediction 2024
After the analysis of the prices of Algorand in previous years, it is assumed that in 2024, the minimum price of Algorand will be around $$0.20. The maximum expected ALGO price may be around $$0.24. On average, the trading price might be $$0.21 in 2024.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2024 | $0.115 | $0.180 | $0.150 |
| February 2024 | $0.123 | $0.183 | $0.158 |
| March 2024 | $0.130 | $0.185 | $0.167 |
| April 2024 | $0.138 | $0.188 | $0.175 |
| May 2024 | $0.146 | $0.191 | $0.183 |
| June 2024 | $0.154 | $0.194 | $0.191 |
| July 2024 | $0.161 | $0.196 | $0.199 |
| August 2024 | $0.169 | $0.199 | $0.207 |
| September 2024 | $0.177 | $0.202 | $0.216 |
| October 2024 | $0.185 | $0.205 | $0.224 |
| November 2024 | $0.192 | $0.207 | $0.232 |
| December 2024 | $0.200 | $0.210 | $0.240 |
Algorand Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Algorand, in 2025, ALGO is expected to have the following minimum and maximum prices: about $$0.30 and $$0.35, respectively. The average expected trading cost is $$0.31.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $0.208 | $0.218 | $0.249 |
| February 2025 | $0.217 | $0.227 | $0.258 |
| March 2025 | $0.225 | $0.235 | $0.268 |
| April 2025 | $0.233 | $0.243 | $0.277 |
| May 2025 | $0.242 | $0.252 | $0.286 |
| June 2025 | $0.250 | $0.260 | $0.295 |
| July 2025 | $0.258 | $0.268 | $0.304 |
| August 2025 | $0.267 | $0.277 | $0.313 |
| September 2025 | $0.275 | $0.285 | $0.323 |
| October 2025 | $0.283 | $0.293 | $0.332 |
| November 2025 | $0.292 | $0.302 | $0.341 |
| December 2025 | $0.300 | $0.310 | $0.350 |
Algorand Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Algorand and their fluctuations during the previous years. It is assumed that in 2026, the minimum ALGO price might drop to $$0.44, while its maximum can reach $$0.52. On average, the trading cost will be around $$0.45.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $0.312 | $0.322 | $0.364 |
| February 2026 | $0.323 | $0.333 | $0.378 |
| March 2026 | $0.335 | $0.345 | $0.393 |
| April 2026 | $0.347 | $0.357 | $0.407 |
| May 2026 | $0.358 | $0.368 | $0.421 |
| June 2026 | $0.370 | $0.380 | $0.435 |
| July 2026 | $0.382 | $0.392 | $0.449 |
| August 2026 | $0.393 | $0.403 | $0.463 |
| September 2026 | $0.405 | $0.415 | $0.478 |
| October 2026 | $0.417 | $0.427 | $0.492 |
| November 2026 | $0.428 | $0.438 | $0.506 |
| December 2026 | $0.440 | $0.450 | $0.520 |
Algorand Price Prediction 2027
Based on the analysis of the costs of Algorand by crypto experts, the following maximum and minimum ALGO prices are expected in 2027: $$0.76 and $$0.62. On average, it will be traded at $$0.64.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $0.455 | $0.466 | $0.540 |
| February 2027 | $0.470 | $0.482 | $0.560 |
| March 2027 | $0.485 | $0.498 | $0.580 |
| April 2027 | $0.500 | $0.513 | $0.600 |
| May 2027 | $0.515 | $0.529 | $0.620 |
| June 2027 | $0.530 | $0.545 | $0.640 |
| July 2027 | $0.545 | $0.561 | $0.660 |
| August 2027 | $0.560 | $0.577 | $0.680 |
| September 2027 | $0.575 | $0.593 | $0.700 |
| October 2027 | $0.590 | $0.608 | $0.720 |
| November 2027 | $0.605 | $0.624 | $0.740 |
| December 2027 | $0.620 | $0.640 | $0.760 |
Algorand Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Algorand. Based on their predictions, the estimated average ALGO price will be around $$0.95. It might drop to a minimum of $$0.92, but it still might reach $$1.08 throughout 2028.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $0.645 | $0.666 | $0.787 |
| February 2028 | $0.670 | $0.692 | $0.813 |
| March 2028 | $0.695 | $0.718 | $0.840 |
| April 2028 | $0.720 | $0.743 | $0.867 |
| May 2028 | $0.745 | $0.769 | $0.893 |
| June 2028 | $0.770 | $0.795 | $0.920 |
| July 2028 | $0.795 | $0.821 | $0.947 |
| August 2028 | $0.820 | $0.847 | $0.973 |
| September 2028 | $0.845 | $0.873 | $1 |
| October 2028 | $0.870 | $0.898 | $1.03 |
| November 2028 | $0.895 | $0.924 | $1.05 |
| December 2028 | $0.920 | $0.950 | $1.08 |
Algorand Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Algorand. It is estimated that ALGO will be traded between $$1.28 and $$1.59 in 2029. Its average cost is expected at around $$1.33 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $0.950 | $0.982 | $1.12 |
| February 2029 | $0.980 | $1.01 | $1.17 |
| March 2029 | $1.01 | $1.05 | $1.21 |
| April 2029 | $1.04 | $1.08 | $1.25 |
| May 2029 | $1.07 | $1.11 | $1.29 |
| June 2029 | $1.10 | $1.14 | $1.34 |
| July 2029 | $1.13 | $1.17 | $1.38 |
| August 2029 | $1.16 | $1.20 | $1.42 |
| September 2029 | $1.19 | $1.24 | $1.46 |
| October 2029 | $1.22 | $1.27 | $1.51 |
| November 2029 | $1.25 | $1.30 | $1.55 |
| December 2029 | $1.28 | $1.33 | $1.59 |
Algorand Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Algorand’s price. The year 2030 will be determined by the maximum ALGO price of $$2.21. However, its rate might drop to around $$1.92. So, the expected average trading price is $$1.99.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $1.33 | $1.39 | $1.64 |
| February 2030 | $1.39 | $1.44 | $1.69 |
| March 2030 | $1.44 | $1.50 | $1.75 |
| April 2030 | $1.49 | $1.55 | $1.80 |
| May 2030 | $1.55 | $1.61 | $1.85 |
| June 2030 | $1.60 | $1.66 | $1.90 |
| July 2030 | $1.65 | $1.72 | $1.95 |
| August 2030 | $1.71 | $1.77 | $2 |
| September 2030 | $1.76 | $1.83 | $2.06 |
| October 2030 | $1.81 | $1.88 | $2.11 |
| November 2030 | $1.87 | $1.94 | $2.16 |
| December 2030 | $1.92 | $1.99 | $2.21 |
Algorand Price Prediction 2031
After years of analysis of the Algorand price, crypto experts are ready to provide their ALGO cost estimation for 2031. It will be traded for at least $$2.73, with the possible maximum peaks at $$3.26. Therefore, on average, you can expect the ALGO price to be around $$2.83 in 2031.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $1.99 | $2.06 | $2.30 |
| February 2031 | $2.06 | $2.13 | $2.39 |
| March 2031 | $2.12 | $2.20 | $2.47 |
| April 2031 | $2.19 | $2.27 | $2.56 |
| May 2031 | $2.26 | $2.34 | $2.65 |
| June 2031 | $2.33 | $2.41 | $2.74 |
| July 2031 | $2.39 | $2.48 | $2.82 |
| August 2031 | $2.46 | $2.55 | $2.91 |
| September 2031 | $2.53 | $2.62 | $3 |
| October 2031 | $2.60 | $2.69 | $3.09 |
| November 2031 | $2.66 | $2.76 | $3.17 |
| December 2031 | $2.73 | $2.83 | $3.26 |
Algorand Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Algorand’s price. The year 2032 will be determined by the maximum ALGO price of $$4.85. However, its rate might drop to around $$4.16. So, the expected average trading price is $$4.28.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $2.85 | $2.95 | $3.39 |
| February 2032 | $2.97 | $3.07 | $3.53 |
| March 2032 | $3.09 | $3.19 | $3.66 |
| April 2032 | $3.21 | $3.31 | $3.79 |
| May 2032 | $3.33 | $3.43 | $3.92 |
| June 2032 | $3.45 | $3.56 | $4.06 |
| July 2032 | $3.56 | $3.68 | $4.19 |
| August 2032 | $3.68 | $3.80 | $4.32 |
| September 2032 | $3.80 | $3.92 | $4.45 |
| October 2032 | $3.92 | $4.04 | $4.59 |
| November 2032 | $4.04 | $4.16 | $4.72 |
| December 2032 | $4.16 | $4.28 | $4.85 |
Algorand is a decentralized and open blockchain system, the main goal of which is to create a blockchain platform accessible to everyone, expanding the capabilities of users.
The main features of the ALGO platform are high throughput and instant verifiability, which provide excellent transparency. Thanks to this, users can quickly and cheaply transfer ALGO cryptocurrency.
Algorand operates on Proof-of-Stake (PoS), a consensus algorithm through which holders receive rewards by simply holding cryptocurrency in their wallets or exchange balances (many crypto exchanges support such a function).
The Algorand network has its native official token. For its initial distribution, the IEO (Initial Exchange Offering) of the Binance exchange was used. Tokens were distributed through a Dutch auction because the creators were convinced that the market participants should determine the coin’s value. Dutch auction means that prices are called in descending order instead of ascending one.
Let’s take a closer look at the main features of the Algorand platform:
- Decentralization is of vital importance for businesses and all consumers of goods and services. As the economy becomes more digital, seamless, and transparent, companies need to use technologies that imply decentralization to avoid losing their strategic importance and strive to preserve potential.
- The protocol guarantees a high payment processing speed compared to traditional financial systems.
- It is an innovative development of Algorand. Blockchain provides instant and unconditional completion of transactions without branching. Other blockchains suffer from uncertainty and lack of transactional integrity, and here this problem is solved.
- Algorand cooperates with proven business leaders working in world-renowned companies.
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Algorand Price Analysis
Before making any investment decisions, it is necessary to carry out some kind of preparatory work. So, you should do your own research and analyze the price history to find recurring patterns and indicators so that the value of your investments would not plunge.
According to the Algorand price predictions, this digital currency may grow soon. In addition, many crypto experts positively assess the future of ALGO, and we believe that over time and with proper development, the price of Algorand will continue its growth trend.
Algorand Actual Price
As of October 18, the Algorand price today is $1.73. The price has changed by −$0.08645 in the last 24 hours. Algorand has in total 10,000,000,000 ALGO tokens in circulation. The all-time highest ALGO price is $3.674475. The lowest registered price of ALGO is $0.0988663.
If you plan to buy Algorand coins, the best and safest place for it is a global cryptocurrency exchange Changelly. At our platform for instant crypto coins purchase, best rates, profitable trading offers by our fiat-to-crypto trading partners, and professional Customer Support are guaranteed to you!
Market Predictions
CoinArbitrageBot experts believe that Algorand is a promising cryptocurrency that may show new peaks. In the long term, ALGO may turn out to be a good investment. In 2022, the ALGO price might be $1.26.
According to the WalletInvestor’s Algorand price prediction, it can be a profitable investment and may be traded for $2.026 at the end of 2021 and $6.740 by the end of 2025.
As claimed by DigitalCoinPrice, ALGO’s average cost in the cryptocurrency market could be $2.2 by the end of 2021 and $4.36 by 2025.
Longforecast analysts predict that the Algorand price may reach $3.61–$4.48 by the end of 2021 and $7.89–$9.79 by the middle of 2025.
FAQ
What is the future of Algorand?
In terms of price, Algorand cryptocurrency has an outstanding potential to reach new heights. It is predicted that the cost of ALGO may increase. According to crypto experts and business analysts, the Algorand coin’s exchange rate might reach the highest price of $59.90 by 2030.
How much is Algorand worth?
Algorand cryptocurrency rate has all chances to reach $2 by the end of 2021 and may even get to $17 by 2025. The crypto market is volatile, and the price can change drastically.
Is Algorand a Cryptocurrency?
Yes, it is. The Algo is a cryptocurrency of the Algorand blockchain.