Algorand price in EUR and ALGO-EUR price history chart

Buy Algorand or add it to your Crypto Strategy.

Algorand

ALGO

Algorand Price

€0.2057

Algorand Market Cap

€1.47B

See all buy/sell options

Algorand price chart / performance

From
Mar 15, 2023
To
Mar 22, 2023

Returns

Return (24h)
+2.16%
Return (7D)
+7.73%
Return (1M)
-17.00%
Return (1y)
-72.59%

My Investment

Profit Taken
€0.00
0%
Profit/Loss
€0.00
0%
You Have:
€0.00

Algorand (ALGO) Overview

The Algorand platform relies on an upgraded pure Proof-of-Stake and self-validating transactions in an attempt to solve the ‘blockchain trilemma’. The project aims to create a true borderless economy, getting DeFi Web3-ready. The system can reach a consensus without the need for a central authority, with a high tolerance for malicious users, provided that the majority of stakes are kept by honest users. Each user can read every block and is given an opportunity to write a transaction in a future block. The size of the user’s stake in the system determines the capacity of the user to influence the selection of a new block. This stake is measured in the number of ALGO tokens. The ALGO token is dedicated to the cause of balancing security, scalability and decentralization without compromising either of them.

How To Buy Algorand or Add it to your strategy

The fastest, most convenient way to purchase Algorand is to purchase it on ICONOMI. We check Algorand live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Algorand by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Algorand is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Algorand, we recommend you read the next section, as copying might be a better approach.

Add Algorand to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Algorand in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Algorand ALGO. See all Algorand price predictions in real time and make the best use of their crypto knowledge.

Monthly Structure Change 2023-2

✅ Added $APT $NEAR $LDO

❎ Removed $QNT $ALGO $VET

🔄 Rebalance Turnover 6.29%

One person likes this
Crypto Index 25
1 Feb, 2023

🤟 Rebalancing Info 01.02.2023 🤟


Strategy Performance January: +38% 🤩

Winner January: $SOL   +136% 🚀

Loser January: $TRX  +12%


Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.


There has been 3 changes in the Top25:

3x Out:  $ALGO , $ICP , $QNT

22x Rebalanced

3x New: $NEAR , $LDO , $FIL


Everything is rebalanced back to 4% each.


🤟 www.crypto-index-25.de 🤟

Post image
2 people like this

Although $BTC and $ETH are relatively stable at the moment, the real bear market rages on in the weakest alts.


Last week (7 day performance):


$SOL : -23.46% (new lows)

$AXS: -11.94%

$ZIL : -10.46%

$BAT: -11.08%

$FLOW: -11.72%


This might be only the first signs of a new upcoming downleg, that could send coins like $SOL below 5usd. In alts in a bearmarket, it's almost never too late to sell because there will be no new bullmarket before $ETH and $BTC break to the upside through strong resistancelevels and confirm that move by retesting the previous resistance as support.

That gives us plenty of time to buy back in.


The alt stars of the next bullmarket in crypto will probably be projects we don't know about yet (or that don't exist yet). Nevertheless we have a shoppinglist with $ALGO , $ATOM , $AAVE , $ADA , $MATIC and many others.


That's why we are very happy to be mainly out of the market. We will be able to buy so much more alts with our stableposition once the dust settles.



4 people like this
MOONITY
6 Dec, 2022

Quick Re⚖️Balance & Pivot Update


/rm $AAVE | $ALGO | - .11% $BTC | - .1% $XMR

/add + 1.04% $LTC

One person likes this

$ALGO and $GRT performing nicely in the past days!

One person likes this

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Algorand Price FAQ

What Is the Highest Price of Algorand (ALGO) in EUR?

Algorand (ALGO) price history shows the highest value of 2.05 EUR. We recorded this price on September 13, 2021, but we cannot exclude that a higher price was registered before April 16, 2020.

What Is the Lowest Price of Algorand (ALGO) in EUR?
How can I buy Algorand (ALGO)?
What Is the Current Price of Algorand (ALGO) in EUR?
Is Algorand (ALGO) a good investment?