Algorand
ALGO
Watchlist
₹18.02
LIVE
Watchlist
24H Low ₹17.67
24H High ₹18.48
Price of ALGO today
The current live price of ALGO today is ₹18.02, with a 24-hour trading volume of ₹4,26,16,16,791.95. Our ALGO to INR price is updated in real-time. ALGO has seen a increment of 0.83% in the last 24 hours. With a live market cap of ₹1,46,63,37,81,624.05 , the circulating supply is at 8,145,278,687 ALGO coins, with a maximum supply of 10,000,000,000ALGO coins.
Algorand Price History
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | ₹0.22 | 1.25% |
| 7 Days | ₹0.42 | 2.36% |
| 30 Days | -₹3.47 | 16.14% |
| 1 Year | ₹2.85 | 18.77% |
Algorand Price Information
Price Change (1hr)
1.13%
Price Change (24hr)
1.25%
Price Change (7d)
2.36%
Algorand Market Stats
Market Cap
₹1,46,63,37,81,624.05
Fully Diluted Market Cap
₹1,80,02,30,38,201.82
24hr Volume
₹4,26,16,16,791.95
0.7%
Circulating Supply
8145278687.08 ALGO
Total Supply
10000000000 ALGO
Things to know about Algorand
What is Algorand (ALGO) token?
ALGO is the token associated with Algorand - a self-sustaining, decentralized, blockchain-based network. It addresses the significant challenge known as the Bitcoin trilemma, encompassing the crucial aspects of security, speed, and scalability showcased by decentralized systems. It is a permissionless, open-source blockchain network that allows you to build using Pure Proof of Stake. Proof of Stake is where users are randomly and secretly selected to propose blocks and vote based on their stake. Algorand uses a Pure Proof of Stake(PPoS) wherein any token holder can propose blocks and vote. This design aims to prevent the concentration of power among a few selected validators and relies on the honesty of the majority of the economy to secure its network. The network hopes to usher in an era of a borderless economy.
Things to consider before buying Algorand (ALGO) token
According to Coinmarketcap, more than 78% of the max supply is in already in circulation as of July 2023.
The transaction fee is not the lowest, which may discourage adoption.
The transaction time also puts away potential adopters owing to the competition.
The token's volatility does not make it a great medium to transfer assets.
Reasons to buy Algorand (ALGO) token
ALGO is solving a real-world problem concerning speed, security, and scalability in the DeFi space. They have really strong partnerships to drive web3 adoption.
They have a very active community that is building and developing at an exciting pace.
Users can stake and earn yield.
ALGO uses a Pure Proof of Stake(PPoS) wherein any token holder can propose blocks and vote. This design aims to prevent the concentration of power among a few selected validators and relies on the honesty of the majority of the economy to secure its network
Returns Calculator
Investment Amount
Investment Period
Returns
₹9246
0%
ALGO to Converter
Quantity
ALGO
Price
₹
Price as per 04:25 AM • 06 May 2024
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Frequently asked questions about buying Algorand (ALGO) in India
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You can contact us at help@mudrex.com
What is the price of Algorand (ALGO)?
The current price of Algorand (ALGO) in INR is ₹18.02 INR.
What is the current ALGO market cap?
The current market capitalization of Algorand (ALGO) is ₹1,46,63,37,81,624.05 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of ALGO by the number of coins in circulation.
What is the current supply of Algorand (ALGO)?
The current supply of Algorand (ALGO) is 8145278687.08 ALGO. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Algorand (ALGO)?
The 24-hour trading volume of Algorand (ALGO) in INR is ₹4,26,16,16,791.95. This figure represents the total value of all ALGO transactions across various exchanges within the last 24 hours.
How to Buy Algorand (ALGO) in India?
To buy Algorand (ALGO) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in ALGO.
Can I buy Algorand (ALGO) with UPI?
Yes, you can buy Algorand (ALGO) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Algorand (ALGO) to Indian Rupee (INR)?
To convert Algorand (ALGO) to Indian Rupee (INR), you can use our ALGO/INR conversion tool.
