With The Bear Market Seemingly Wearing Off, Can Algorand’s (ALGO) Price Reach $0.25 Before The End Of Q2?
Algorand is one of the many cryptocurrency protocols that suffered greatly from the bear market. Currently, over 93% below its all-time high of $3.28, this crypto still strives to shake off the bear effect. With its price going up by nearly 24% in 2023, Algorand could hit some positive milestones this quarter. Algorand (ALGO) is a cryptocurrency and blockchain network that provides efficient, safe, and decentralized services. This blockchain protocol uses a proof-of-stake algorithm for consensus, and this algorithm is called PPoS – with the first ‘P’ referring to ‘pure’. Algorand is a renowned DeFi distributed ledger that executes all technical barriers in blockchain technology. The Algorand network depends on…
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