Algorand’s ALGO/USD value has decreased 5.13% over the previous 24 hours to $0.11, persevering with its downward pattern over the previous week of -14.0%, transferring from $0.12 to its present value.
The chart under compares the worth motion and volatility for Algorand over the previous 24 hours (left) to its value motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the every day and weekly value actions. The broader the bands are, or the bigger the grey space is at any given second, the bigger the volatility.
Algorand’s buying and selling quantity has climbed 21.0% over the previous week together with the circulating provide of the coin, which has elevated 1.98%. This brings the circulating provide to 7.62 billion, which makes up an estimated 76.15% of its max provide of 10.00 billion. In line with our knowledge, the present market cap rating for ALGO is #48 at $807.84 million.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
