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Cryptorank

ALGO Could Rally Significantly During the Bull Market: Influencer


by CoinEdition
ALGO-analysis
  • According to Classy Crypto, Algorand has significant upside potential.
  • The influencer believes ALGO could rally significantly in the next bull market.
  • ALGO’s price is currently at an all-time low.

According to the cryptocurrency influencer Classy Crypto, Algorand has significant upside potential and could rally well when the bull market returns. In a recently uploaded video, the renowned influencer described the Algorand blockchain project and reviewed its performance over the years as a blockchain solution and a cryptocurrency.

Algorand currently ranks in the 47th position on the leading cryptocurrency aggregation platform, CoinGecko. It had a market cap of $762.6 million, a daily trading volume of $41.2 million, and approximately 7.9 billion ALGO tokens in circulation at the time of writing.

One of the reasons why Classy Crypto considered ALGO for immediate review was because its price is at an all-time low. According to him, after displaying an impressive performance during the 2021 bull run, ALGO’s price has dropped significantly. Data from CoinGecko showed that ALGO traded for $0.0964 at the time of writing, and Classy Crypto stated that the price…

The post ALGO Could Rally Significantly During the Bull Market: Influencer appeared first on Coin Edition.

Read the article at CoinEdition

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ALGO Could Rally Significantly During the Bull Market: Influencer


by CoinEdition
ALGO-analysis
  • According to Classy Crypto, Algorand has significant upside potential.
  • The influencer believes ALGO could rally significantly in the next bull market.
  • ALGO’s price is currently at an all-time low.

According to the cryptocurrency influencer Classy Crypto, Algorand has significant upside potential and could rally well when the bull market returns. In a recently uploaded video, the renowned influencer described the Algorand blockchain project and reviewed its performance over the years as a blockchain solution and a cryptocurrency.

Algorand currently ranks in the 47th position on the leading cryptocurrency aggregation platform, CoinGecko. It had a market cap of $762.6 million, a daily trading volume of $41.2 million, and approximately 7.9 billion ALGO tokens in circulation at the time of writing.

One of the reasons why Classy Crypto considered ALGO for immediate review was because its price is at an all-time low. According to him, after displaying an impressive performance during the 2021 bull run, ALGO’s price has dropped significantly. Data from CoinGecko showed that ALGO traded for $0.0964 at the time of writing, and Classy Crypto stated that the price…

The post ALGO Could Rally Significantly During the Bull Market: Influencer appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Trader Profits $17 Million Betting on Bitcoin and Ethereum Rebound

Crypto Trader Profits $17 Million Betting on Bitcoin and Ethereum Rebound

In Brief A crypto trader identified as “0xc2a” earned about $17 million from Bitcoin...
U.S. Treasury Secretary Clarifies Inflation Improvements Under Current Policy

U.S. Treasury Secretary Clarifies Inflation Improvements Under Current Policy

U.S. Treasury Secretary Scott Bessent highlights inflationary declines attributed to ...