ALGO Price Prediction
ALGO Price Prediction – The blockchain network of the next generation is called Algorand. “Blockchain 3.0” is already the name given to the technology. The fundamental argument is that it keeps security and decentralization intact while resolving the most critical issues with Bitcoin’s scalability. It is anticipated that this new digital network will increase the standard financial system’s efficiency and that its protocol will make it easier for money to move freely.
- Our real-time ALGO to USD price update shows the current Algorand price as $0.190882 USD.
- Our most recent Algorand price forecast indicates that its value will increase by 3.16% and reach $0.196917 by May 30, 2024.
- Our technical indicators signal about the Neutral Bullish 66% market sentiment on Algorand, while the Fear & Greed Index is displaying a score of 72 (Greed).
- Over the last 30 days, Algorand has had 14/30 (47%) green days and 3.73% price volatility.
ALGO White Paper
According to the white paper, Algorand’s BA (Byzantine Agreement) protocol ensures that users only need to keep their private keys in their private state. This allows Algorand to promptly replace participants once they send a message, preventing targeted attacks on chosen participants after disclosing their identity. Algorand offers a highly democratic and efficient approach to implementing a public ledger. Unlike previous proof-of-work implementations, it requires minimal computational effort and produces a transaction history that is highly unlikely to “fork”.
ALGO Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| May 29, 2024 | $0.191000 | 0.06% |
| May 30, 2024 | $0.199631 | 4.58% |
| May 31, 2024 | $0.196917 | 3.16% |
| June 01, 2024 | $0.196015 | 2.69% |
| June 02, 2024 | $0.195596 | 2.47% |
| June 03, 2024 | $0.192148 | 0.66% |
| June 04, 2024 | $0.19047 | -0.22% |
ALGO Historical
Based on the most recent information available, ALGO is now rated No. 64 in the entire crypto ecosystem, with a price of $$0.19. The market capitalization of Algorand is 8,160,206,587 ALGO, and its circulation supply is $1,532,126,171.17.
The cryptocurrency’s current value has increased by $0.0020 over the last day. With a strong rising trend over the past seven days, ALGO has increased by 9.21%. Algorand has recently demonstrated a great deal of promise, so now would be a good time to get in and make an investment.
ALGO’s price has risen by 2.79% over the past month, adding an enormous average of $0.01 to its present value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
ALGO Overview
| Cryptocurrency | Algorand |
| Token | ALGO |
| Price | $ 0.19642353  3.47% |
| Market cap | $ 1,604,471,155.1582 |
| Circulating Supply | 8,168,426,413.4186 |
| Trading Volume | $ 46,545,251.3034 |
| All-time high | $3.28 Jun 21, 2019 |
| All-time low | $0.0958 Jun 10, 2023 |
| 24 High | $ 0.1946 |
| 24 Low | $ 0.1841 |
ALGO Price Prediction 2024
The technical analysis of Algorand prices predicted for 2024 indicates that $0.187 will be the lowest price of Algorand. $0.198 is the highest price that the ALGO can go. It is anticipated that the average trade price will be $0.208.
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ALGO Price Forecast for May 2024
Crypto experts predict that in May 2024, the average ALGO rate will be $0.195, based on the price swings of Algorand at the beginning of 2024. It is anticipated that the minimum and maximum prices will be $0.191 and $0.200, respectively.
June 2024: ALGO Price Forecast
Experts in cryptocurrencies are prepared to share their projections for the price of ALGO in June 2024. This month, the lowest possible trading cost might be $0.190, and the highest possible cost could be $0.198. It is anticipated that Algorand will be valued at approximately $0.194 on average.
ALGO Price Forecast for July 2024
Based on their analysis of Algorand’s price movements in the past and in 2024, cryptocurrency researchers estimate that the average ALGO rate in July 2024 will be approximately $0.194. It may fall as low as $0.191. A possible maximum value is $0.196.
August 2024: ALGO Price Forecast
The average price of the ALGO will be $0.197 by the middle of 2023. It is also possible that the value of Algorand will rise to $0.201 in August 2024. In August 2024, it is anticipated that the price will not go below $0.193.
ALGO Price Forecast for September 2024
Experts in cryptocurrency have examined Algorand prices for 2024 and are prepared to share their projected trading average of $0.195 for September of that year. The peak and lowest ALGO rates might be $0.199 and $0.191, respectively.
October 2024: ALGO Price Forecast
Crypto analysts expect that at the end of summer 2024, the ALGO price will be around $0.196. In October 2024, the Algorand cost may drop to a minimum of $0.191. The expected peak value might be $0.200 in October 2024.
ALGO Price Forecast for November 2024
Cryptocurrency analysts predict that after examining Algorand pricing, the ALGO rate may peak at $0.198 in November 2024. But it might fall to $0.187. The estimated average Algorand for November 2024 is close to $0.193.
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December 2024: ALGO Price Forecast
By mid-autumn of 2024, the Algorand cost will be trading at $0.200 on average. Crypto experts predict that the price of ALGO may range from $0.191 to $0.208 in December 2024.
ALGO Price Prediction 2025
Based on a review of Algorand’s past year prices, it is projected that the minimum price in 2025 will be approximately $0.2994. The ALGO price may reach a maximum of approximately $0.3640. In 2025, the average trade price might be $0.3102.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $0.196 | $0.217 | $0.212 |
| February 2025 | $0.206 | $0.225 | $0.226 |
| March 2025 | $0.215 | $0.234 | $0.240 |
| April 2025 | $0.224 | $0.242 | $0.253 |
| May 2025 | $0.234 | $0.251 | $0.267 |
| June 2025 | $0.243 | $0.259 | $0.281 |
| July 2025 | $0.253 | $0.268 | $0.295 |
| August 2025 | $0.262 | $0.276 | $0.309 |
| September 2025 | $0.271 | $0.285 | $0.323 |
| October 2025 | $0.281 | $0.293 | $0.336 |
| November 2025 | $0.290 | $0.302 | $0.350 |
| December 2025 | $0.299 | $0.310 | $0.364 |
ALGO Price Prediction 2026
Experts in cryptocurrency analysis predict that in 2026, ALGO will trade for a minimum of $0.4516 and a maximum of $0.5241, based on technical analysis of Algorand values. The anticipated trading cost is $0.4640 on average.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $0.312 | $0.323 | $0.377 |
| February 2026 | $0.325 | $0.336 | $0.391 |
| March 2026 | $0.337 | $0.349 | $0.404 |
| April 2026 | $0.350 | $0.361 | $0.417 |
| May 2026 | $0.363 | $0.374 | $0.431 |
| June 2026 | $0.376 | $0.387 | $0.444 |
| July 2026 | $0.388 | $0.400 | $0.457 |
| August 2026 | $0.401 | $0.413 | $0.471 |
| September 2026 | $0.414 | $0.426 | $0.484 |
| October 2026 | $0.426 | $0.438 | $0.497 |
| November 2026 | $0.439 | $0.451 | $0.511 |
| December 2026 | $0.452 | $0.464 | $0.524 |
ALGO Price Prediction 2027
The pricing of Algorand and its changes over the past few years have been examined by cryptocurrency experts. It is projected that in 2027, the ALGO price may reach a maximum of $0.8023 and a minimum of $0.6555. The trade cost will be around $0.6740 on average.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $0.469 | $0.482 | $0.547 |
| February 2027 | $0.486 | $0.499 | $0.570 |
| March 2027 | $0.503 | $0.517 | $0.594 |
| April 2027 | $0.520 | $0.534 | $0.617 |
| May 2027 | $0.537 | $0.552 | $0.640 |
| June 2027 | $0.554 | $0.569 | $0.663 |
| July 2027 | $0.571 | $0.587 | $0.686 |
| August 2027 | $0.588 | $0.604 | $0.710 |
| September 2027 | $0.605 | $0.622 | $0.733 |
| October 2027 | $0.622 | $0.639 | $0.756 |
| November 2027 | $0.639 | $0.657 | $0.779 |
| December 2027 | $0.656 | $0.674 | $0.802 |
ALGO Price Prediction 2028
Crypto specialists’ examination of Algorand’s costs indicates that the highest and minimum prices of ALGO are projected to be $1.14 and $0.9844 in 2028. It will trade for $1.02 on average.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $0.683 | $0.703 | $0.830 |
| February 2028 | $0.710 | $0.732 | $0.859 |
| March 2028 | $0.738 | $0.761 | $0.887 |
| April 2028 | $0.765 | $0.789 | $0.915 |
| May 2028 | $0.793 | $0.818 | $0.943 |
| June 2028 | $0.820 | $0.847 | $0.971 |
| July 2028 | $0.847 | $0.876 | $0.999 |
| August 2028 | $0.875 | $0.905 | $1.03 |
| September 2028 | $0.902 | $0.934 | $1.06 |
| October 2028 | $0.930 | $0.962 | $1.08 |
| November 2028 | $0.957 | $0.991 | $1.11 |
| December 2028 | $0.984 | $1.02 | $1.14 |
ALGO Price Prediction 2029
Experts in cryptocurrency are continuously examining Algorand’s volatility. Their projections indicate that the average ALGO price will be approximately $1.51. It may fall to at least $1.46, but it may rise to as high as $1.70 in 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $1.02 | $1.06 | $1.19 |
| February 2029 | $1.06 | $1.10 | $1.23 |
| March 2029 | $1.10 | $1.14 | $1.28 |
| April 2029 | $1.14 | $1.18 | $1.33 |
| May 2029 | $1.18 | $1.22 | $1.37 |
| June 2029 | $1.22 | $1.27 | $1.42 |
| July 2029 | $1.26 | $1.31 | $1.47 |
| August 2029 | $1.30 | $1.35 | $1.51 |
| September 2029 | $1.34 | $1.39 | $1.56 |
| October 2029 | $1.38 | $1.43 | $1.61 |
| November 2029 | $1.42 | $1.47 | $1.65 |
| December 2029 | $1.46 | $1.51 | $1.70 |
ALGO Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Algorand. It is estimated that ALGO will be traded between $2.14 and $2.57 in 2030. Its average cost is expected at around $2.21 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $1.52 | $1.57 | $1.77 |
| February 2030 | $1.57 | $1.63 | $1.85 |
| March 2030 | $1.63 | $1.69 | $1.92 |
| April 2030 | $1.69 | $1.74 | $1.99 |
| May 2030 | $1.74 | $1.80 | $2.06 |
| June 2030 | $1.80 | $1.86 | $2.14 |
| July 2030 | $1.86 | $1.92 | $2.21 |
| August 2030 | $1.91 | $1.98 | $2.28 |
| September 2030 | $1.97 | $2.04 | $2.35 |
| October 2030 | $2.03 | $2.09 | $2.43 |
| November 2030 | $2.08 | $2.15 | $2.50 |
| December 2030 | $2.14 | $2.21 | $2.57 |
ALGO Price Prediction 2031
Analysts covering cryptocurrencies are prepared to share their price projections for Algorand. The maximum ALGO price of $3.73 will decide the year 2031. Its rate could, however, fall to about $3.29. Thus, $3.38 is the anticipated average trading price.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $2.24 | $2.31 | $2.67 |
| February 2031 | $2.33 | $2.41 | $2.76 |
| March 2031 | $2.43 | $2.50 | $2.86 |
| April 2031 | $2.52 | $2.60 | $2.96 |
| May 2031 | $2.62 | $2.70 | $3.05 |
| June 2031 | $2.72 | $2.80 | $3.15 |
| July 2031 | $2.81 | $2.89 | $3.25 |
| August 2031 | $2.91 | $2.99 | $3.34 |
| September 2031 | $3 | $3.09 | $3.44 |
| October 2031 | $3.10 | $3.19 | $3.54 |
| November 2031 | $3.19 | $3.28 | $3.63 |
| December 2031 | $3.29 | $3.38 | $3.73 |
ALGO Price Prediction 2032
Crypto specialists have been analyzing the Algorand price for years, and now they are prepared to share their ALGO cost estimate for 2032. It will trade for a minimum of $4.69, with a potential peak of $5.56 probable. Consequently, you should anticipate that the ALGO price will, on average, be $4.86 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $3.41 | $3.50 | $3.88 |
| February 2032 | $3.52 | $3.63 | $4.04 |
| March 2032 | $3.64 | $3.75 | $4.19 |
| April 2032 | $3.76 | $3.87 | $4.34 |
| May 2032 | $3.87 | $4 | $4.49 |
| June 2032 | $3.99 | $4.12 | $4.65 |
| July 2032 | $4.11 | $4.24 | $4.80 |
| August 2032 | $4.22 | $4.37 | $4.95 |
| September 2032 | $4.34 | $4.49 | $5.10 |
| October 2032 | $4.46 | $4.61 | $5.26 |
| November 2032 | $4.57 | $4.74 | $5.41 |
| December 2032 | $4.69 | $4.86 | $5.56 |
ALGO Price Prediction 2033
Analysts covering cryptocurrencies are prepared to share their price projections for Algorand. The $8.32 maximum ALGO price will decide the year 2033. But the price may decrease to about $7.00. Therefore, $7.20 is the anticipated average trading price.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $4.88 | $5.06 | $5.79 |
| February 2033 | $5.08 | $5.25 | $6.02 |
| March 2033 | $5.27 | $5.45 | $6.25 |
| April 2033 | $5.46 | $5.64 | $6.48 |
| May 2033 | $5.65 | $5.84 | $6.71 |
| June 2033 | $5.85 | $6.03 | $6.94 |
| July 2033 | $6.04 | $6.23 | $7.17 |
| August 2033 | $6.23 | $6.42 | $7.40 |
| September 2033 | $6.42 | $6.62 | $7.63 |
| October 2033 | $6.62 | $6.81 | $7.86 |
| November 2033 | $6.81 | $7.01 | $8.09 |
| December 2033 | $7 | $7.20 | $8.32 |
ALGO Price Prediction 2040
The technical analysis of Algorand prices predicted for 2040 indicates that Algorand will cost at least $134.83. $164.10 is the highest price that the ALGO can go. An average trade price of approximately $143.75, is anticipated.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $17.65 | $18.58 | $21.30 |
| February 2040 | $28.31 | $29.96 | $34.28 |
| March 2040 | $38.96 | $41.34 | $47.27 |
| April 2040 | $49.61 | $52.72 | $60.25 |
| May 2040 | $60.26 | $64.10 | $73.23 |
| June 2040 | $70.92 | $75.48 | $86.21 |
| July 2040 | $81.57 | $86.85 | $99.19 |
| August 2040 | $92.22 | $98.23 | $112.17 |
| September 2040 | $102.87 | $109.61 | $125.16 |
| October 2040 | $113.53 | $120.99 | $138.14 |
| November 2040 | $124.18 | $132.37 | $151.12 |
| December 2040 | $134.83 | $143.75 | $164.10 |
ALGO Price Prediction 2050
Based on the examination of Algorand’s past year prices, it is projected that the product’s lowest price in 2050 will be approximately $196.48. The ALGO price may reach a maximum of $221.66. In 2050, the average market price might be $206.19.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $139.97 | $148.95 | $168.90 |
| February 2050 | $145.11 | $154.16 | $173.69 |
| March 2050 | $150.24 | $159.36 | $178.49 |
| April 2050 | $155.38 | $164.56 | $183.29 |
| May 2050 | $160.52 | $169.77 | $188.08 |
| June 2050 | $165.66 | $174.97 | $192.88 |
| July 2050 | $170.79 | $180.17 | $197.68 |
| August 2050 | $175.93 | $185.38 | $202.47 |
| September 2050 | $181.07 | $190.58 | $207.27 |
| October 2050 | $186.21 | $195.78 | $212.07 |
| November 2050 | $191.34 | $200.99 | $216.86 |
| December 2050 | $196.48 | $206.19 | $221.66 |
Market Predictions
Experts at CoinArbitrageBot think Algorand is a potential cryptocurrency that might reach new heights. Over time, ALGO might prove to be a wise investment. The price of ALGO may be $1.26 in 2022.
It might be a good investment and trade for $2.026 at the end of 2021 and $6.740 at the end of 2025, according to WalletInvestor’s Algorand price projection.
By the end of 2021, the average cost of an ALGO in the cryptocurrency market would be $2.2, and by 2025, it might reach $4.36, according to DigitalCoinPrice.
According to long-term forecasters, the price of Algorand might hit $3.61–$4.48 by the end of 2021 and $7.89–$9.79 by the middle of 2025.
How Algorand Works
Algorand utilises Pure Proof-of-Stake (PPoS) to validate transactions and generate new tokens. Block validators are randomly selected, with preference given to those who hold a larger amount of ALGO. Once selected, a voting process occurs to determine the winner, and a committee of randomly chosen users verifies the block.
The Algorand blockchain has two layers:
- The first layer supports basic smart contracts, NFTs, and crypto tokens.
- The second layer enables the creation of more advanced smart contracts and decentralised applications (DApps).
ALGO, the native cryptocurrency of Algorand, plays a crucial role in securing the network and facilitating transactions. It can also be purchased, sold, or traded on various cryptocurrency exchanges.
FAQ
What is the future of ALGO?
Algorand coin has a remarkable potential to soar to new heights in terms of price. It is anticipated that ALGO would become more expensive. Experts in cryptocurrency and business analysis predict that by 2030, the Algorand coin’s value might rise to a maximum of $59.90.
How much is ALGO 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 ALGO a Cryptocurrency?
Yes, it is. The Algo is a cryptocurrency of the Algorand blockchain.
Is Algorand a good investment?
If considered as a long-term investment, ALGO could yield higher returns.
How high will Algorand price go in 2024?
The ALGO price could potentially shine to $0.32 by the end of 2024.
Is Algorand Proof-of-Stake (PoS) or Proof-of-Work (PoW)?
Algorand is the first network to bring a complete Proof-of-Stake (PoS) consensus mechanism.
What would be the possible maximum price of ALGO by the end of 2025?
According to our Algorand price prediction, the digital asset could claim its potential high of $0.39727 by the end of 2025. With a potential surge the price could go as high as $2.6843.1756 by the end of 2030.
How to buy Algorand?
Algorand can be traded on exchanges like Binance, Coinbase Pro, Huobi Global, and OKEx, amongst others.
If I had invested $100 in Algorand (ALGO) in 2020, what would it be worth now?
Considering you invested at the average price of 2020 of $0.427, your investment would have decreased by 72.52% to $27.48.
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