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.
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.
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.
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.
US dollar is at its highest level YTD, will its reversal be the next catalyst for the Crypto market pump?
We believe that a reversal of the Dollar will likely help the Crypto market break new highs and potentially Ignite the start of #altcoinseason2025
This should help our portfolio assets such as $RUNE, $XRP and even $ALGO make their way back to previous ATHs
#WAGMI! 🚀 🚀
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Our suggested list of the best projects available in the Blockchain Infrastructure Sector based on our Digital Assets Classification Standard here.
All of these projects are undervalued, based on our valuation method.
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These are the buy and hold returns from April 1 to the present.
I provide this information to help you see the extent of the decline resulting from the black swan event last night and the night before and compare its impact from the opening of the month.
You can evaluate this discounts in relation to your investment as this is an appropriate opportunity to buy discounts as in Mid of last March.
It is always better to invest in a passive index with objective rules and no survival bias.
You can review the components that my indexes possess periodically and compare your performance with my indexes that objectively organize the cryptocurrency market according to the method of your investment, or use them to form your own strategies or customize your investment and increase your understanding of developments in the crypto market.
I'm a momentum investor, I buy winners and sell losers here.
The winner remains a winner and the loser remains a loser.
But you can benefit from this information according to your strategy if you are buying dips.
Blockchain Infrastructure sector ex-$ETH
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.
Adding $ALGO to the structure. Expecting it to run to the 40c target soon!
