🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

ALGO Could Rally Significantly During the Bull Market: Influencer

Published 10/10/2023, 08:56 PM
Updated 10/10/2023, 09:15 PM
ALGO Could Rally Significantly During the Bull Market: Influencer

  • 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 more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.