Algorand's SOMETHING/USD price has decreased by 5.13% in the last 24 hours to $0.11continuing its downward trend over the past week of -14.0%, 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.
Algorand trading volume increased by 21.0% over the past week along with the circulating supply of the coin, which increased by 1.98%. This brings the circulating supply to 7.62 billion, which is about 76.15% of its maximum supply of 10 billion. Based on our data, the current market cap ranking for ALGO is #48 at $807.84 million.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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