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Algorand (ALGO)

Live Algorand (ALGO) Price

The StormGain Live Algorand Price Index provides the latest ALGO price in Tethers (USDT) using an average from the world's leading exchanges.

ALGO/USDT Price Chart

The ALGO/USDT price chart shows the latest price changes in different timeframes and views: the candlestick chart, line chart and area chart

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Buy, sell and exchange Algorand

StormGain allows you to buy, sell and exchange Algorand using data from the live ALGO price chart to inform your trades.

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What is ALGO?

Algorand (ALGO) is a decentralised network that was created to simultaneously solve the problem of decentralisation, speed and security in financial transactions. It can process over a thousand transactions per second and is capable of hosting decentralised application (dApp) development because it's a smart contract that relies on staking. ALGO is the native token of the Algorand network.

Algorand price history

Algorand was first founded in 2017 by MIT professor Silvio Micali. In April 2019, after much development, the Algorand test network was released to the public. A few months later, in June 2019, the main network was launched. The ALGO price history began when it launched in June 2019. The price started trading at $2.19 but fell sharply soon after to $0.19 in August 2019. In 2020, ALGO reached a new high at $1.71 after an incredible bull run. Following the 2021 bull run, ALGO reached a new all-time high in June. 

Algorand price prediction

Like other blockchain technologies, Algorand is built around the decentralisation of finance. This technology is relatively new but has been widely adopted. The world of finance keeps expanding, and with that expansion will come wider use and adoption of the Algorand network. In the near future, coins like ALGO will be at the helm of institutional finance, and their prices may go higher due to increased demand. To learn more about ALGO's future price, check out our Algorand price prediction here.

Signals for Algorand trading

Make cryptocurrency trading decisions based on StormGain's trading signals. Each Buy or Sell signal has two main indicators — profitability and probability — to help you make sound decisions. The signals are available for free immediately after you register.

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What affects the price of Algorand today?

The price of ALGO today is influenced by various factors, chief among them is price action. Price action refers to the mathematical history of an asset's value or price, and it's usually depicted with a chart. Traders across the globe study price action to help them understand market psychology to better predict the future price movements of that asset. 

How can I buy Algorand (ALGO)?

To buy Algorand on StormGain, all you need to do is fund your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to buy ALGO. 

How to sell ALGO

To sell Algorand, you first have to own the cryptocurrency by funding your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to sell ALGO. 

How to start Algorand trading

To begin ALGO trading on StormGain, fund your account with at least the minimum deposit amount. You can do that easily with your bank card or via a direct crypto deposit into your wallet. Once you confirm funds in your account, head over to StormGain's trading platform and select ALGO from the list of instruments to begin trading.

Crypto trading signals

Algorand trading signals are available on StormGain via our web and mobile apps. It's simple and easy to use with trade parameters already set. Just select the instrument and apply the signal when available.

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Learn How to Trade Algorand token

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