Algorand’s ALGO/USD worth has elevated 5.8% over the previous 24 hours to $0.48, which is in the other way of its pattern over the previous week, the place it has skilled a 21.0% loss, shifting from $0.61 to its present worth. Because it stands proper now, the coin’s all-time excessive is $3.56.
The chart beneath compares the worth 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 decreased 70.0% over the previous week, whereas the general circulating provide of the coin has decreased 0.75% to over 6.81 billion. This places its present circulating provide at an estimated 68.12% of its max provide, which is 10.00 billion. The present market cap rating for ALGO is #27 at $3.31 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.