Algorand's SOMETHING/USD price has decreased by 3.4% in the last 24 hours to $0.11continuing its downward trend over the past week of -7.0%, from $0.12 to its current price.
The chart below compares Algorand's price movement and volatility over the past 24 hours (left) with its price movement over the past week (right). The gray bands are the Bollinger Bands, which measure the volatility of daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the higher the volatility.
Trading volume for the coin has decreased by 39.0% over the past week, while the overall circulating supply of the coin has increased by 2.78% to over 7.57 billion. This puts its current circulating supply at an estimated 75.73% of its maximum supply, which is 10 billion. The current market cap ranking for ALGO is #47 with $850.47 million.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
ยฉ 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
