Over the previous 24 hours, Algorand’s (CRYPTO: ALGO) worth rose 4.74% to $0.75. This continues its optimistic development over the previous week the place it has skilled a 3.0% acquire, transferring from $0.73 to its present worth. Because it stands proper now, the coin’s all-time excessive is $3.56.
The chart under 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 each 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.
The buying and selling quantity for the coin has risen 17.0% over the previous week diverging from the circulating provide of the coin, which has decreased 0.1%. This brings the circulating provide to six.63 billion, which makes up an estimated 66.27% of its max provide of 10.00 billion. In line with our knowledge, the present market cap rating for ALGO is #30 at $4.95 billion.
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