This Algorand Review is aimed at showing if Algo Coin is a good investment in 2021 or not, And also to show the projected Algorand Coin Price Prediction 2021.
Table of Contents
What Is Algorand Coin?
Algorand builds technology that accelerates the convergence between decentralized and traditional finance by enabling the simple creation of next generation financial products, protocols and exchange of value.
They created the world’s first pure proof-of-stake foundational blockchain designed for the future of finance. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts that are essential in a FutureFi world.
They claim their continuing technical innovation and development is focused on:
- Private and Public Models
- Performance and Scale
- Layer-2 Smart Contracts
Innovation and Research
Silvio Micali and his team of leading cryptographers, computer science experts, mathematicians and economists are focused on developing tech that will empower users to be successful in the brave new world.
Core Layer-1 Protocol
Algorand’s unique pure proof-of-stake consensus mechanism provides the security, scalability, decentralization, speed and finality needed as financial systems modernize.
On this wallet, you can securely manage your Algorand assets while earning rewards.
Hold, transact, and manage your assets all in one place
- Review your account holdings at a glance without the need to toggle between accounts
- See the exact value for Algo Coin held in your wallet with in-app calculations
- Easily send and receive Algo Coin and review
- transaction histories
Earn rewards automatically by holding Algo Coin
- Start earning rewards as soon as you have Algos in your wallet
- See claimed reward transactions and download your transaction history
- See your Algo balance grow over time!
Customize the Algorand Wallet to fit your needs
- Configure color scheme, rewards displays, and notifications
- Personalize your account with your native language
- Choose your preferred currency for in-app calculations
More Key Features
- Never miss a transfer or update with notifications
- Developers can test assets & transactions before going to MainNet with MainNet <> TestNet toggle
- Full and automatic integration with user defined tokens
- Direct access to the latest features of the Algorand Blockchain
About Silvio Micali
Silvio Micali has been on the faculty at MIT, Electrical Engineering and Computer Science Department, since 1983. Silvio’s research interests are cryptography, zero knowledge, pseudorandom generation, secure protocols, and mechanism design and blockchain. In particular, Silvio is the co-inventor of probabilistic encryption, Zero-Knowledge Proofs, Verifiable Random Functions and many of the protocols that are the foundations of modern cryptography.
In 2017, Silvio founded Algorand, a fully decentralized, secure, and scalable blockchain which provides a common platform for building products and services for a borderless economy. At Algorand, Silvio oversees all research, including theory, security and crypto finance.
Silvio is the recipient of the Turing Award (in computer science), of the Gödel Prize (in theoretical computer science) and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, the American Academy of Arts and Sciences and Accademia dei Lincei.
Silvio has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley.
Algo Coin Price
Here are the stats as at the time this Algorand Review was written.
|Price Change24h||$0.0402 2.94%|
|24h Low / 24h High||$1.36 / $1.49|
|Trading Volume24h||$466,482,456.64 46.06%|
|Volume / Market Cap||0.1266|
Algo Coin Price Prediction 2021 (Algorand Review)
ALGO Coin price prediction for April 2021.
In the beginning price at 1.37 Dollars. Maximum price $2.02, minimum price $1.24. The average for the month $1.55. Algorand price forecast at the end of the month $1.55, change for April 13.1%.
ALGO Coin to USD predictions for May 2021.
In the beginning price at 1.55 Dollars. Maximum price $2.00, minimum price $1.40. The average for the month $1.67. Algorand price forecast at the end of the month $1.71, change for May 10.3%.
ALGO Coin price prediction for June 2021.
In the beginning price at 1.71 Dollars. Maximum price $2.12, minimum price $1.71. The average for the month $1.88. Algorand price forecast at the end of the month $1.98, change for June 15.8%.
ALGO Coin to USD predictions for July 2021.
In the beginning price at 1.98 Dollars. Maximum price $2.46, minimum price $1.98. The average for the month $2.18. Algorand price forecast at the end of the month $2.30, change for July 16.2%.
ALGO Coin price prediction for August 2021.
In the beginning price at 2.30 Dollars. Maximum price $2.86, minimum price $2.30. The average for the month $2.53. Algorand price forecast at the end of the month $2.67, change for August 16.1%
ALGO to USD predictions for September 2021.
In the beginning price at 2.67 Dollars. Maximum price $3.32, minimum price $2.67. The average for the month $2.94. Algorand price forecast at the end of the month $3.10, change for September 16.1%.
ALGO Coin price prediction for October 2021.
In the beginning price at 3.10 Dollars. Maximum price $3.85, minimum price $3.10. The average for the month $3.41. Algorand price forecast at the end of the month $3.60, change for October 16.1%.
ALGO Coin to USD predictions for November 2021.
In the beginning price at 3.60 Dollars. Maximum price $3.60, minimum price $3.10. The average for the month $3.41. Algorand price forecast at the end of the month $3.33, change for November -7.5%.
ALGO Coin price prediction for December 2021.
In the beginning price at 3.33 Dollars. Maximum price $3.66, minimum price $3.18. The average for the month $3.40. Algorand price forecast at the end of the month $3.42, change for December 2.7%.