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Algorand’s ALGO/USD worth has decreased 4.16% over the previous 24 hours to $0.34, persevering with its downward development over the previous week of -6.0%, shifting from $0.36 to its present worth.
The chart under 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 day by 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 fallen 50.0% over the previous week which is reverse, directionally, with the general circulating provide of the coin, which has elevated 1.38%. This brings the circulating provide to 7.02 billion, which makes up an estimated 70.15% of its max provide of 10.00 billion. In accordance with our knowledge, the present market cap rating for ALGO is #31 at $2.37 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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