Over the previous 24 hours, Algorand’s ALGO/USD value has risen 7.64% to $0.31. That is opposite to its unfavorable pattern over the previous week the place it has skilled a 14.0% loss, transferring from $0.35 to its present value. Because it stands proper now, the coin’s all-time excessive is $3.56.
The chart under compares the worth motion and volatility for Algorand over the previous 24 hours (left) to its value motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the every day and weekly value actions. The broader the bands are, or the bigger the grey space is at any given second, the bigger the volatility.
Algorand’s buying and selling quantity has climbed 56.0% over the previous week together with the circulating provide of the coin, which has elevated 0.24%. This brings the circulating provide to six.90 billion, which makes up an estimated 69.03% of its max provide of 10.00 billion. Based on our knowledge, the present market cap rating for ALGO is #29 at $2.13 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.