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See the live Algorand price UK. Buy Algorand in the UK or add it to your Crypto Strategy.

Algorand

ALGO

ALGO to GBP Price

£0.1657

Algorand Market Cap

£1.37B

Buy

See all buy/sell options

ALGO GBP price chart / performance

Past performanceis not indicative of future results. GBP (£) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Return (24h)

+10.00%

Return (7D)

+48.58%

Return (1M)

+78.51%

Return (1Y)

+58.03%

My Investment

Profit Taken

£0.00

0.00%

You Have:

Unrealised P/L

£0.00

0.00%

Algorand (ALGO) History and 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 traders 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.

Mr Jaradat Portfolio

9 Nov, 2024

2/3

Our suggested list of the best projects available in the Blockchain Infrastructure Sector based on our Digital Assets Classification Standard here.

All of these projects are undervalued, based on our valuation method.

$AVAX $SUI $NEAR $APT $ICP $STX $INJ $FTM $IMX $VET $ALGO

6 people like this

@MomenJaradat

14 Apr, 2024

1/4

These are the buy and hold returns from April 1 to the present.

I provide this information to help you see the extent of the decline resulting from the black swan event last night and the night before and compare its impact from the opening of the month.

You can evaluate this discounts in relation to your investment as this is an appropriate opportunity to buy discounts as in Mid of last March.

It is always better to invest in a passive index with objective rules and no survival bias.

You can review the components that my indexes possess periodically and compare your performance with my indexes that objectively organize the cryptocurrency market according to the method of your investment, or use them to form your own strategies or customize your investment and increase your understanding of developments in the crypto market.

I'm a momentum investor, I buy winners and sell losers here.

The winner remains a winner and the loser remains a loser.

But you can benefit from this information according to your strategy if you are buying dips.

Blockchain Infrastructure sector ex-$ETH

2 people like this

25 Mar, 2024

Been a while since the last update. While Green Power has suffered a lot in the 2022 crash and performed poorly in 2023 we have been outperforming $BTC in 2024 so far. Time for a rebalance!

Due to past and recent performance we're assigning a higher weight to $RUNE , $AR , $FTM , $AVAX and $NEAR . And we no longer believe in $EOS , $KAVA , $ALGO , $XTZ and $CAKE , so those have been removed.

One person likes this

Performance Index

7 Mar, 2024

Adding $ALGO to the structure. Expecting it to run to the 40c target soon!

One person likes this

Cryptek Hype Investments

3 Dec, 2023

Added $ALGO $NEO and $FRONT

One person likes this

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Algorand Price FAQ

What Is the Highest Price of Algorand in GBP?

Algorand price UK history shows the highest value of 1.75 GBP . We recorded this price on September 13, 2021, but we cannot exclude that a higher price was registered before February 6, 2020.

What Is the Lowest Price of Algorand in GBP?

The lowest Algorand price UK was 0.07 GBP. We recorded this price on Sep 12, 2023, but we cannot exclude that a lower price was registered before February 6, 2020.

How to buy Algorand in the UK?

You can buy Algorand in the UK with a credit card, crypto, or bank transfer. If you don’t yet have an ICONOMI account, creating one will take only a couple of minutes. Algorand can also be added to your Crypto strategy so you can more easily manage your crypto portfolio and take advantage of ICONOMI’s unique rebalance features.

What Is the Current Algorand Price UK in GBP?

Current Algorand price UK in GBP is £0.1657 . This means that if you want to buy 5 Algorand in the UK, you would spend £0.8285 .

Is Algorand a good investment?

The current YTD (year-to-date) performance of Algorand is -5.95%. Always do your own research when investing. Past performance does not guarantee future gains. We invite you to read Investing 101 guides on our blog. Maybe you can start with How to Build your Crypto Portfolio.