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After the crash of the crypto market in May 2022, the price of Algorand showed a negative trend. As the Terra (LUNA) crisis took place, the ALGO token was worth about $0.779. This event completely changed the market mood, and it took just a few days for the struggling price to drop to $0.371.
In the meantime, as consolidation continued further, the price slid to $0.2795, which was the same day that Bitcoin collapsed to $17,744. Since then, the token has been moving within the range of $0.3559 and $0.15. However, from the start of this year, there has been a steady rebound in the price of Algorand that has been brought about by positive market sentiments. In light of our Algorand price forecast, it would take some time for the token to recover its lost value and make profits.
🪙 Name Algorand (ALGO) 💱 Symbol ALGO 🏅 Rank #37 💲 Price $0.47692200 📊 Price Change (1h) -0.47513400 % 📊 Price Change (24h) 2.76140200 % 📊 Price Change (7d) 33.82885700 % 💵 Market Cap $3997040655.13131800 💸 Circulating Supply 8380907564.82649300 💰 Total Supply 10000000000.00000000 Last Updated 2025-01-17 06:58:49
Date Price Change (%) January 17, 2025 $0.45678515 -4.62000000% January 18, 2025 $0.47833613 -0.12000000% January 19, 2025 $0.48398728 1.06000000% January 20, 2025 $0.48001232 0.23000000% January 21, 2025 $0.48250266 0.75000000% January 22, 2025 $0.47507954 -0.80000000% January 23, 2025 $0.47589369 -0.63000000% January 24, 2025 $0.48063490 0.36000000% January 25, 2025 $0.48748333 1.79000000% January 26, 2025 $0.47790511 -0.21000000% January 27, 2025 $0.48652551 1.59000000% January 28, 2025 $0.48542401 1.36000000% January 29, 2025 $0.47900661 0.02000000% January 30, 2025 $0.48786646 1.87000000% January 31, 2025 $0.48293368 0.84000000% February 01, 2025 $5.58684537 1066.57320581% February 02, 2025 $5.55999871 1060.96743087% February 03, 2025 $5.58574959 1066.34439867% February 04, 2025 $5.45206416 1038.42992753% February 05, 2025 $5.44548947 1037.05708469% February 06, 2025 $5.58520170 1066.22999510% February 07, 2025 $5.44110634 1036.14185613% February 08, 2025 $5.43179219 1034.19699543% February 09, 2025 $5.50137436 1048.72624885% February 10, 2025 $5.49096443 1046.55258102% February 11, 2025 $5.51835898 1052.27275953% February 12, 2025 $5.53150837 1055.01844522% February 13, 2025 $5.51616742 1051.81514525% February 14, 2025 $5.48110239 1044.49331676% February 15, 2025 $5.52493368 1053.64560238% February 16, 2025 $5.47343191 1042.89166677%
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2040 2050
Algorand, a relatively young but promising blockchain platform, promises quick transactions through the simplification of complicated decentralization. Recognized as “Blockchain 3.0,” Algorand utilizes a new Randomness technique to handle the blockchain trilemma, making the network secure, scalable, and decentralized at the same time.
The Algorand Network was developed by Silvio Micali and a group of leading cryptographers, computer scientists, mathematicians, and economists. Their purpose revolves around creating technology that enables users to manage the changing dynamics.
Investor psychology does affect the market perception, particularly in the cryptocurrency market where prices have high sensitivity to group sentiment. Hence, before investing in cryptocurrency, one should conduct a comprehensive study of cryptocurrency predictions.
Now for Algorand, it is priced around $0.19 giving it a market capitalization of $1,393,720,988 with a circulating supply of 7,230,198,467 ALGO. Algorand community, led by its membership, has a bold vision that makes a difference. A strategy of selling Algorand at resistance levels and buying at support levels can help investors generate short-term gains. Before focusing on our Algorand price prediction, let’s look at the token’s price history.
Near the end of 2019, Algorand traded around $0.25 and soared to $0.493 within a couple of months. In 2020, ALGO suffered a serious crash in March but then picked up the pace to the price of $0.668 within the next five months. After the fluctuations, the price of the ALGO token went beyond the 1$ mark.
Investors started pulling out their profit when the price reached $1.7, which triggered a decline. After a stabilization period, the price reached $2.37 by the end of 2021, but shortly it started declining. Despite numerous attempts, the ALGO price unfortunately couldn’t reach these levels again. The entire crypto market has gone through a major crash before which Algorand has failed to initiate a positive trend after that.
Algorand’s forecast is frequently very unpredictable and changeable just like other cryptocurrencies. The psychology of traders plays a crucial role in market sentiment in the sector of cryptocurrencies.
It wouldn’t be surprising to witness Algorand’s price surge to a high of $0.47, marking a notable 43% increase from current levels, although this projection is not overly exaggerated or overly optimistic. As per Algorand’s forecast, the minimum price for the year could be $0.19.
Month Minimum Price Average Price Maximum Price August $0.12000000 $0.131333333333 $0.15000000 September $0.11000000 $0.294000000000 $5.08000000 October $0.11409461 $0.285152343226 $5.18260305 November $0.11157942 $0.356371302000 $4.87785153 December $0.10000000 $0.513136602581 $5.49169238
Algorand has already implemented the PoS mechanism, indicating significant growth potential in the coming years. The future outlook for Algorand’s price momentum appears promising. According to our Algorand price forecast, we anticipate a long-term upward trajectory, with ALGO showing positive performance over the period. It’s projected that by the end of 2025, the price may soar to approximately $0.59.
Month Minimum Price Average Price Maximum Price January $0.33033037 $0.590280113548 $5.32070520 February $5.42576539 $5.509553590714 $5.58684537 March $10.37412172 $10.515113772258 $10.67801013 April $15.33650485 $15.575241247667 $15.78384537 May $20.34784580 $20.574567158065 $20.86391435 June $25.22666961 $25.602568472667 $25.98594115 July $30.21069641 $30.587946670968 $31.03667489 August $35.14540906 $35.667406845484 $36.17784537 September $40.10650485 $40.676717769667 $41.27229748 October $45.02866961 $45.775257277097 $46.34301013 November $49.98926539 $50.721882649333 $51.46829748 December $54.94076539 $55.757737093226 $56.54410591
The significant adoption of dApps in the past has propelled the price of Algorand (ALGO). With its widespread popularity and numerous projects developed on the network, if advancements are upheld, there is potential for the Algorand price to surge to a maximum of $0.75, representing a remarkable increase of +340% compared to the current Algorand price.
Month Minimum Price Average Price Maximum Price January $15.33031328 $15.560100210000 $15.76836646 February $21.53335063 $21.844306862857 $22.15479748 March $27.79704791 $28.185322983226 $28.53848904 April $33.91058195 $34.378377069333 $34.91006615 May $40.07816961 $40.685745002258 $41.21967489 June $46.31302352 $46.958194015333 $47.62143302 July $52.47031328 $53.285675808710 $53.99080802 August $58.74323376 $59.660517630645 $60.38387459 September $64.99436689 $66.018675314000 $66.78194115 October $71.32005603 $72.188438621935 $73.04154989 November $77.24590906 $78.477196065667 $79.49170170 December $83.38662172 $84.503605757419 $85.78714568
Backed by partnerships and community funding, the market outlook for Algorand (ALGO) is anticipated to be positive, potentially reaching a price level close to $0.95, marking an impressive increase of +450% from the current price. While this forecast for Algorand is optimistic, it’s considered feasible rather than overly speculative. According to our Algorand price predictions, the minimum expected price for the coin could be approximately $0.66.
Month Minimum Price Average Price Maximum Price January $28.94539039 $29.392498439032 $29.77256857 February $36.72285469 $37.210478407857 $37.73778935 March $44.41434250 $45.032603019032 $45.71062052 April $52.18187985 $52.932025090667 $53.71447240 May $59.89226539 $60.644545004194 $61.68848904 June $67.68361727 $68.700248738667 $69.58211849 July $75.43419641 $76.667570758710 $77.62598904 August $83.08563836 $84.192522886774 $85.43529786 September $90.81162172 $91.907782201000 $93.55431615 October $98.85457509 $100.126136338065 $101.41278935 November $106.28037172 $107.758277223667 $109.18966270 December $114.06081328 $115.824345385484 $117.44670576
According to forecasts, the ALGO coin is projected to have a minimum price of $0.82 and a maximum price of $1.18 for the year 2028. Additionally, the average price of the token is anticipated to hover around $1.17, as per our ALGO forecast.
Month Minimum Price Average Price Maximum Price January $45.95688836 $46.689369267097 $47.27975607 February $55.63145187 $56.389328164828 $57.30567654 March $65.34753711 $66.243787096129 $67.25342451 April $75.02429492 $76.208955469667 $77.22755154 May $84.88055845 $86.111179026774 $87.02607911 June $94.63497080 $95.903628014000 $97.11132873 July $104.01256430 $105.414958058710 $107.06835998 August $113.65098312 $115.143068339677 $116.62367598 September $123.35826742 $125.333909336667 $126.85788107 October $133.32659446 $135.217290929677 $136.97974584 November $143.10737400 $144.808872122000 $146.73800505 December $152.29990297 $154.831783400645 $156.88428388
For 2029, it is projected that the ALGO coin will fluctuate within a range of $0.96 to $1.38, with $0.96 being the lowest price and $1.38 being the highest. Concurrently, our Algorand price prediction indicates that the average price of the token throughout the year could be $1.44.
Month Minimum Price Average Price Maximum Price January $67.23535812 $68.262412268065 $69.10941981 February $79.57910548 $80.668285696071 $81.70997342 March $91.57632954 $92.812752926452 $94.09652490 April $103.56027828 $104.852168715333 $106.35101247 May $115.81842532 $117.545636656452 $119.06348904 June $127.64658265 $129.726749187333 $131.37283138 July $139.75977219 $141.977993367419 $143.78234693 August $152.07719954 $154.326497829677 $156.29432466 September $164.05046680 $165.912983452667 $167.75894440 October $176.75081189 $178.658048302903 $181.26601920 November $188.07138734 $191.053300348667 $193.75152318 December $200.23721953 $203.453808353548 $206.20147435
As per the Algorand price prediction for 2030, it is anticipated that the cryptocurrency’s price will exceed $1.5 by that year. By December 2030, the ALGO coin is forecasted to soar to $1.70, marking a substantial uptrend of +900% compared to the current price.
Month Minimum Price Average Price Maximum Price January $93.89397266 $95.398763114516 $96.65137967 February $108.92589471 $110.594980082857 $112.12733248 March $124.20900512 $125.966879871290 $127.72919982 April $139.19756186 $141.471848119000 $143.25895463 May $154.77876666 $156.738220560645 $158.87608076 June $169.45943303 $171.681375128000 $174.45409887 July $184.70673165 $187.236326918065 $190.01653783 August $199.89476546 $202.423465741613 $205.09521413 September $214.94017594 $217.849988471667 $221.05468513 October $229.88054525 $233.426210566452 $236.51818644 November $244.92017258 $248.513258526333 $251.96948072 December $259.97690492 $263.686383142903 $267.59239001
Month Minimum Price Average Price Maximum Price January $127.06799973 $128.790460313871 $130.87926976 February $146.05774524 $148.402969839643 $150.30283865 March $164.80783754 $167.634649062903 $169.68548364 April $183.76480742 $186.627782966000 $189.25697049 May $202.59380242 $205.135045043226 $208.44592115 June $222.08243239 $224.870393092333 $228.12214399 July $240.38739670 $244.011665734516 $247.30624219 August $259.48343486 $262.677038148710 $266.63166671 September $278.44144250 $282.333030595333 $286.50365941 October $297.31708346 $301.088209946452 $305.56672506 November $317.20990316 $320.572800345333 $325.28213264 December $335.15836145 $340.441976951613 $344.45704480
Month Minimum Price Average Price Maximum Price January $168.80576127 $170.995325850323 $173.67597692 February $192.57608540 $194.973245304138 $197.95346198 March $216.07462876 $218.167150133226 $221.93804802 April $239.51561224 $242.949354485667 $246.55236571 May $262.99814515 $267.096083017742 $270.83495857 June $286.65948380 $290.651641222000 $294.70748789 July $310.20502382 $314.283476963871 $319.44850685 August $333.94333525 $338.818309291290 $343.89015310 September $357.41190248 $362.982473848333 $367.37611309 October $381.05382821 $386.507723277097 $392.52277486 November $405.10922815 $410.899227541333 $416.67560341 December $428.65476817 $433.218844034516 $440.89586801
Month Minimum Price Average Price Maximum Price January $220.71241977 $224.230264440000 $227.01594332 February $250.06676186 $254.020842865000 $257.56724946 March $279.68995908 $283.792144058387 $287.82146607 April $309.02485185 $313.773637789333 $318.38924130 May $339.07626883 $343.955103746774 $348.75341527 June $368.21932566 $373.546516911667 $379.03727859 July $397.69837065 $402.603797362258 $408.70093059 August $427.30086187 $433.106073423871 $439.55136104 September $456.59246346 $464.239999083333 $470.33496968 October $486.63979913 $493.397629402258 $499.55205369 November $516.17986108 $522.639052847333 $531.17782315 December $545.16935814 $553.179189340968 $560.64023166
Month Minimum Price Average Price Maximum Price January $285.73854742 $290.142165500645 $294.04171579 February $322.52967663 $327.507216120357 $331.77550565 March $359.61753274 $364.425353907742 $369.30456677 April $396.42259123 $401.510061160333 $407.26430303 May $432.98663995 $438.836800391290 $445.66880595 June $470.96224783 $476.914924631333 $483.72815317 July $507.21547812 $512.368368679032 $520.62521125 August $543.80366011 $552.255869276452 $559.61701372 September $580.64030246 $588.542045175667 $597.64380521 October $617.84364258 $625.682653983871 $635.98983757 November $655.34856899 $664.245590507333 $673.98407333 December $691.24514330 $700.338281501290 $711.69907452
Month Minimum Price Average Price Maximum Price January $1200.86143911 $1215.573550454516 $1235.13370487 February $1340.42313179 $1360.332993118276 $1378.58175517 March $1483.28921031 $1504.444603376452 $1524.55814398 April $1620.98616955 $1642.992284818333 $1667.48718694 May $1763.80899320 $1788.405837485806 $1812.56642502 June $1904.66698514 $1930.544220210000 $1956.16524503 July $2043.66766021 $2072.832194970323 $2102.89543144 August $2183.73601627 $2213.243847027097 $2242.85129429 September $2326.30179995 $2351.854805526000 $2393.92139204 October $2467.35194958 $2493.979003225161 $2531.59423467 November $2606.06161327 $2640.165109519333 $2679.23453807 December $2750.92462802 $2785.888851765806 $2829.15786170
Month Minimum Price Average Price Maximum Price January $11502.71729815 $11680.943704647097 $11833.52198332 February $12834.98395088 $12997.633318613929 $13178.93979724 March $14132.99953663 $14325.246770577419 $14527.83976574 April $15421.87238707 $15632.066795899000 $15851.81549604 May $16750.71772899 $16963.672065978710 $17217.18913382 June $18049.67041837 $18260.104109572000 $18585.47444735 July $19358.49909267 $19610.417552940645 $19929.30407450 August $20667.06306916 $20961.285369032258 $21263.99096633 September $21986.45989475 $22294.009910847667 $22627.89810489 October $23297.50807843 $23603.325520654839 $23951.32467905 November $24620.97729797 $25015.220976424000 $25286.74482050 December $25922.22100184 $26277.566197380000 $26688.87193084
Our Algorand prediction system indicates that Algorand’s price will not reach $10. By January 1, 2030, the highest price that our estimates indicate is $1.5.
The team behind the Algorand network has developed interface libraries that are aimed to set a new trend. Additionally, the network introduced a distinctive token, ALGO, which has rapidly gained popularity on leading exchanges, keeping pace with other cryptocurrencies.
Algorand’s robustness lies in its mechanism, being an open-source blockchain network where the record of ALGO tokens is publicly accessible. Glitter Finance has announced plans to integrate the Algorand DeFi ecosystem with Solana, aiming to enhance interoperability within the blockchain. This integration will enable traders on Glitter to seamlessly transfer their digital tokens between Algorand’s Layer 1 blockchain and Solana.
Ethereum is moving from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS), while Algorand employs the Pure Proof-of-Stake (PoS) mechanism. This gives Algorand an edge in scalability which is predicted to have a positive impact on Algorand’s price. However, traders should consider consulting with both Ethereum and Algorand forecasts before making an investment decision.
Algorand has a great future ahead with potential upward trends. But keep in mind that cryptocurrencies are highly volatile so it is always advisable to research on your own before investing.
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Disclaimer: The content provided reflects the authors personal opinions and is influenced by current market conditions. Conduct thorough research before making any cryptocurrency investments. The author and the publication are not liable for any financial losses you may incur.
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