Algorand price remains under intense pressure after crashing by over 90% from its all-time high to the current $0.2585. Its market cap has crashed from over $12 billion at its peak to the current $2.1 billion. This article explores why the ALGO token price has crashed and why a rebound is likely.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Algorand price at $0.25 aims for a quick reversal run with a potential trendline breakout. Will this breakout propel ALGO price to $1?
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Jasmy Coin price continued its downward trend this week as the crypto fear and greed index fell to 35, reflecting increased market uncertainty. The JasmyCoin (JASMY) retreated to $0.021, marking a 63% decline from its December high.
Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.
Algorand could soar by 50% to reach the $0.45 level if it holds itself above the $0.315 level.
Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December.
Algorand (ALGO) is once again garnering attention for its potential to rebound. After facing a period of decline, technical indicators are suggesting that the cryptocurrency could be on the verge of a significant price breakout.
Algorand shows promising signs of a potential rebound, supported by technical indicators.
Jasmy price has pulled back in the last two months, falling by over 60% from its November highs. It still continues having bearish pressure as investors remain fearful to buy the dip, causing a series of lower lows.
Algorand Foundation has pitched its network to the Department of Government Efficiency (D.O.G.E) as suitable for taking the US government operations on-chain. In a post on X, the Foundation noted that the pure proof-of-stake (PPoS) network is ideal.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
The Algorand Foundation has publicly urged Elon Musk's Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand's technology could enhance transparency, particularly in tracking federal expenditures.
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.
India's markets regulator on Tuesday introduced rules for the approval and tracking of the use of algorithmic trading by retail investors to protect them amid rising demand.
Cryptocurrency prices are crashing, with the total market capitalization of all coins falling by nearly 4% to under $3.6 trillion.
JasmyCoin (JASMY) is generating a lot of buzz in the cryptocurrency market after a significant price rally in the past 24 hours. The digital asset surged by 26%, accompanied by a dramatic increase in trading volume, which high by 440% to a total of $525.23 million.
Cryptocurrency traders have been keeping a close eye on Algorand (ALGO) lately, and for good reason. The digital asset is currently consolidating in a symmetrical triangle pattern, a technical formation that often precedes significant price movements.
JasmyCoin (JASMY) has been making headlines in the cryptocurrency market with an impressive 30% price surge in a single day, marking a remarkable turnaround for the IoT-based token. As of today, JASMY is trading at $0.0377, with a significant increase in its 24-hour trading volume, which reached $515.98 million.
JASMY is on the verge of establishing a new high following weeks of decline.
Algorand consolidates within a symmetrical triangle, hinting at a 54% breakout. Rising MVRV, institutional backing, and market interest suggest bullish momentum.
The cryptocurrency market on January 31, 2025, experienced a slight correction, with the total market capitalization dropping by 1.8% to $3.69 trillion. Despite this pullback, the market remained quite active, with 24-hour trading volume reaching $116.99 billion.
JasmyCoin (JASMY) price has risen 14% in the last seven days, and its market cap is approaching $1.6 billion. The recent rally has been fueled by multiple golden crosses, signaling strong bullish momentum, while the Ichimoku Cloud setup remains positive.
The Tokyo-based cryptocurrency project JasmyCoin (JASMY) price surged by over 20% on Friday, gaining significant traction among crypto market participants. Notably, the coin has rallied intraday against the backdrop of strong technical indicators, defying the current broader crypto market's volatile trend.
Algorand (ALGO) shows potential bullish breakout signal, with analysts projecting major price movements fueled by US crypto policy developments.
While the top cryptocurrencies record a mixed price action in their daily time frames, the IoT-based Jasmy Coin has taken over the crypto space with its impressive price action overnight. With achieving the 1st position in the top gainers list, this altcoin is being closely watched by top crypto investors.
The cryptocurrency market today has seen a minor correction, with the total market cap dipping by 1.8% to $3.69 trillion. Despite this, trading activity remains solid, with the 24-hour volume standing at $116.99 billion. The Fear & Greed Index cautions “Greed” at 76, reflecting continued investor optimism.
Cryptocurrency prices moved a little on Friday as Bitcoin found a big barrier at $105,000. The total market cap of all cryptocurrencies retreated slightly to $3.56 trillion after the Federal Reserve left interest rates unchanged at 4.50% in the first interest meeting of the year.
JasmyCoin's price rebounded sharply as sentiment in the cryptocurrency industry improved following the Federal Reserve's interest rate decision. JasmyCoin (JASMY), a popular mid-cap digital asset, surged 25% on Thursday, reaching a high of $0.
As January ends and February looms on the horizon, the cryptocurrency market is buzzing with anticipation for what many analysts predict could be the start of an altseason in Q1 of 2025, following the Bitcoin halving year's historical trend. This period is often marked by significant price movements in altcoins, with several already showing promising
Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.
Cryptocurrency prices remained under pressure after the Federal Reserve left interest rates unchanged. Bitcoin remains above $100,000, while most altcoins attempted to crawl back. This article provides a forecast for popular cryptocurrencies like JasmyCoin (JASMY), Litecoin (LTC), and VeChain (VET). Jasmy price prediction JasmyCoin price peaked at $0.
More than 75% of ALGO's active addresses are at the money, denoting $0.38 as a key support or resistance level depending on where the price is.
Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.89 in 2025. This altcoin may reach a high of $5.68 by 2030. The Algorand price has surged >250% in valuation in Q4 2024.
Bitcoin (BTC) witnessed a sudden slump late on Sunday as the price plummeted from around $105,000 to an intraday low of $100,905. The flagship cryptocurrency is struggling to recover and is trading around $101,400, having dropped over 3% over the past 24 hours.
JasmyCoin (JASMY) has recently caught the attention of traders with its formation of a falling wedge pattern on the daily chart. This technical structure is often seen as a signal of a potential bullish reversal, drawing interest from those looking for breakout opportunities.
JASMY's latest price charts indicated an interesting pattern might play out soon.
Algorand has unveiled the most inclusive staking reward program, offering payment to validators in real time.
Algorand, a prominent blockchain platform, has reached a significant milestone by expanding its validator node network to 3,702. This represents a remarkable 74% growth since mid-December 2024, positioning Algorand as the second-largest Layer 1 blockchain in terms of validator nodes.
JasmyCoin (JASMY) price jumped in intraday trading on Friday as the Asian session saw an upside flip for most tokens. With multiple catalysts helping prices higher, the JASMY token rose more than 15% to join Lido DAO (LDO) and Ondo Finance (ONDO) as the top three biggest gainers in 24 hours.
Algorand (ALGO) announced that the staking rewards program went live on the blockchain post a major consensus upgrade this week and the ALGO token soared by almost 5% in 24 hours.
Algorand, a proof-of-stake blockchain network, has introduced a new staking rewards program to incentivize validators. This development follows the network's recent upgrade to its consensus mechanism, adding new capabilities for participants.
Algorand (ALGO), the Layer 1 blockchain that has gained attention for its scalability and efficient consensus mechanism, has seen impressive growth in its Total Value Locked (TVL) over recent months. The TVL more than doubled from $70 million in October 2024 to $164 million, signaling an uptick in decentralized finance (DeFi) activity on the network.
Proof-of-stake blockchain network Algorand has announced that staking rewards are now live, offering real-time block reward payouts to validators.
Algorand's price moved sideways this week, mirroring the performance of most altcoins following Donald Trump's inauguration. Algorand (ALGO), a top layer-2 network, was trading at $0.4165, about 16% below its highest level last week.
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The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.