Algorand (ALGO), a layer-1 blockchain protocol, has experienced an uptick in price within the last 24 hours. ALGO is outperforming the crypto market by about 9%.
The crypto markets faced notable bearish pressure during the past week, which raised concerns over the upcoming price action. Meanwhile, the latest recovery suggests the tokens are on a bullish track as the global market capitalisation surged over $3.5 trillion while the sentiments have again become greedy.
RWA TVL grows by 34.6%: Algorand lays the foundations for the future of tokenization.
Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.
After witnessing a notable pullback, the crypto markets are trying hard to cope with the recent losses. The Bitcoin price surged back above $94,000 and is sustaining above the levels, increasing the bullish momentum within the markets.
Crypto wallet developer Exodus Movement Inc has made history in its journey as it got uplisted on the New York Stock Exchange (NYSE) American. For a firm that traded in the OTC Markets (OTCQX), this NYSE listing marks a major upgrade for the firm.
JasmyCoin's price dropped sharply on Tuesday after forming a double-top pattern and amid shifting sentiment in the crypto market. JasmyCoin (JASMY) fell to an intraday low of $0.035, marking an 11.
Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.
Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.
ALGO's near-term price action will be determined by a few key factors.
The cryptocurrency market has started to show signs of a recovery as Bitcoin's price strengthens, waking up altcoins that were previously suppressed under bearish pressure. Among the tokens gaining traction are Hedera (HBAR) and Algorand (ALGO), which have displayed considerable strength since the beginning of the year.
The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.
After a sluggish close for 2024, the crypto markets are trying hard to recover from the latest sluggish trend and as a result, the altcoins are trying hard to reclaim their dominance.
Algorand (ALGO) trading volume has spiked by 130% in the past 24 hours, pushing the token's price to $0.40. This rebound has brought 38% of ALGO holders into unrealized profits.
The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market.
Story Highlights The live price of the Jasmy token is . JASMY price could reach a high of $0.115 in 2025. With a potential surge, the JASMY crypto price may hit $0.323 by 2030. The altcoins are ready for a new bull season in 2025, as the cryptocurrency market achieves a new milestone in 2024.
As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.
Latest updates on the coins ALGO, IVY, and Phantom.
Bitcoin needs to reclaim old support to continue next leg up.
As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.
Algorand (ALGO) has seen impressive growth in recent months, particularly with a substantial surge of over 250% in Q4 2024. Despite these gains, ALGO is still trading far below its all-time high of $3.28, suggesting that the coin remains undervalued and has significant potential for growth.
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.
What are crypto whales buying? This is one question that investors would want to know, especially at a time when prices of altcoins are nowhere near the peak they hit some weeks back.
As 2024 comes to a close, the cryptocurrency market remains a landscape of volatility and opportunity, drawing the focus of traders and investors alike. Amid widespread selloffs and a bearish outlook, a select group of altcoins is defying the odds, gaining momentum, and positioning themselves for significant milestones.
Spike in active addresses could be as a result of traders selling ALGO to minimize their losses during the dip.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
Algorand (ALGO) has declined 34% to reach a critical $0.40 support level, where it currently trades with decreased volume and momentum amid bearish technical indicators.
Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
Algorand's price has faced a sharp decline of 34%, dropping from $0.61 to a critical support level of $0.40. This steep correction came amidst a shift in the broader cryptocurrency market, triggered by Bitcoin's dominance reclaiming momentum and cooling off altcoin gains.
SuperTrend indicator flashed sell signal for ALGO on the 4-hour chart.
Jasmy Coin price has had a spectacular bull run this year, soaring by over 550% as the crypto bull run gained steam. With Bitcoin soaring to a record high on Monday, and crypto fear and greed index in green, there are rising odds that the JasmyCoin price will continue rising this year.
ALGO's Open Interest has been slowly trending lower, as has the spot CVD.
Algorand (ALGO) has recently witnessed a surge of 12.52% in the past 24 hours, bouncing back from a pullback earlier this week. This upward movement comes on the heels of a market correction that saw ALGO decline by 4.26% on the weekly charts.
Algorand has surged by 12. 52% over the past day after a weekly decline.
Jasmycoin (JASMY), one of the more talked-about cryptocurrencies in recent weeks, experienced a significant surge in whale activity before its price rally hit a temporary stall. As of December 2024, the coin surged to a local high of $0.059, driven in part by increased interest from large investors, often referred to as “whales.
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
Algorand's price stands at around $0.42, following a significant surge during Q4 of 2024, where it saw over 250% growth. Despite this surge, the ALGO coin is still far from its all-time high (ATH) of $3.28, a price it reached in 2019.
Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.
The supply distribution supported the idea of distribution leading up to the end of November, but there has been some buying as well.
Algorand [ALGO] has captured attention in the blockchain community with a staggering 300% increase in its Total Value Locked (TVL) within just 30 days. This rapid growth has brought the blockchain's TVL to a peak of $244.74 million, a significant milestone for its ecosystem.
Algorand (ALGO) has recorded impressive price actions in the past few sessions as bulls pushed past crucial resistances. Further, the crypto project saw a significant surge in total value locked over the last month, underscoring renewed investor interest in Algorand blockchain.
JasmyCoin (JASMY) has made a remarkable leap, reaching a 2-year high after experiencing an impressive 34.3% surge in a single day. The altcoin, which saw its price spike from a low of $0.039 to a high of $0.059, has gained significant attention within the crypto community.
Algorand's TVL has soared over 300% in 30 days, reaching $244 million before stabilizing at $184.5 million.
The crypto market just wrapped a highly bullish phase, with the global crypto market cap surging by $220 billion to reach a record-high valuation of $3.8 billion as of Sunday.
JasmyCoin (JASMY) has become one of the top-performing altcoins, with its price soaring by 125% over the past month. This significant rally marked the cryptocurrency's breakout from a two-year consolidation period, with the price peaking at nearly $0.06, a level not seen since January 2022.
Bitcoin's price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin's value, creating a rush among investors to switch to altcoins.
Algorand (ALGO) has been riding high in recent weeks, with a significant increase in active addresses on its network. Since December 1st, active addresses surged by an astonishing 300%, jumping from 123,570 to 427,230, signaling a rise in network activity.