CRYPTO · Smart Contract Platform
Algorand (ALGO)
$0.0867 -4.62% 24h ₹8
Key numbers
- Market cap
- $786.78M
- Volume 24h
- $34.86M
- 24h high
- $0.0920
- 24h low
- $0.0865
- 1 hour
- -0.34%
- 7 days
- -11.22%
- 30 days
- -27.28%
- 1 year
- -52.31%
- Circulating supply
- 9,079,245,105 ALGO
- Max supply
- 10,000,000,000
- All-time high
- $3.56
- Below ATH
- -97.57%
- ATH date
- 20 Jun 2019
- Genesis
- —
About
What is Algorand?
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
Description from CoinGecko.
Coin details
- Name
- Algorand
- Symbol
- ALGO
- Market cap rank
- #81
- Category
- Smart Contract Platform, Layer 1 (L1), Algorand Ecosystem
- Runs on
- Its own blockchain
- Circulating supply
- 9,079,245,105 ALGO
- Max supply
- 10,000,000,000 ALGO
- Price in INR
- ₹8.13
- Tax in India
- 30% on gains + 1% TDS on sale
- Website
- algorand.foundation
- Whitepaper
- algorand.com/technology/white-papers
- Explorer
- allo.info
- X (Twitter)
- x.com/algorand
News
Latest news
From Google News; each link opens the publisher's story.
Prices from CoinGecko. Crypto is unregulated in India and very risky; gains are taxed at 30% plus 1% TDS. Information only, not advice.