Algorand’s (CRYPTO: ALGO) price has increased 4.76% over the past 24 hours to $1.82, which is in the opposite direction of its trend over the past week, where it has experienced a 5.0% loss, moving from $1.93 to its current price. As it stands right now, the coin’s all-time high is $3.56.

The chart below compares the price movement and volatility for Algorand over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has fallen 33.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 1.25%. This brings the circulating supply to 6.14 billion, which makes up an estimated 61.44% of its max supply of 10.00 billion. According to our data, the current market cap ranking for ALGO is #20 at 11.19 billion.

supply_and_vol

Where Can You Buy Algorand?

If you are interested in purchasing Algorand or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

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