Algorand’s ALGO/USD worth has elevated 15.33% over the previous 24 hours to $0.69, which is in the wrong way of its development over the previous week, the place it has skilled a 2.0% loss, transferring from $0.70 to its present worth. Because it stands proper now, the coin’s all-time excessive is $3.56.
The chart beneath compares the value motion and volatility for Algorand over the previous 24 hours (left) to its worth motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the every day and weekly worth 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 292.0% over the previous week together with the circulating provide of the coin, which has elevated 0.25%. This brings the circulating provide to six.73 billion, which makes up an estimated 67.34% of its max provide of 10.00 billion. In line with our knowledge, the present market cap rating for ALGO is #31 at $4.60 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.