We watched $ALGO have a MASSIVE DAY (still an understatement) and hitting that $2 level. Now, let's dive into the charts and talk about all things
#ALGO
as we move forward and hope to hold these gains, unlike previous
#Algorand
pumps.
48 days ago, the $ALGO price was at $0.4552. NOTHING has changed to justify such a pullback in such a short time except a lot of unnecessary and undeserved FUD. The lower the price goes, the more exponential the gains become!
#ALGO
#Algorand
If $ALGO had the market cap of $SOL, the price for
#ALGO
would be $10.48.
If ALGO had the same market cap of $ADA, the price would be $16.85.
If ALGO had the same market cap of $ETH, the price would be $74.88.
PLENTY OF ROOM FOR
#Algorand
TO GROW!!
$ALGO solved the blockchain trilemma in 2019 and yet you're still hearing about other L1's like $SOL being always down and "trying" to solve it. If this doesn't get you excited, I don't know what will.
#ALGO
is the future.
#AlgoTo100
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
I still love and believe in $ALGO
$ALGO has plenty of haters and doubters, but most of the
#crypto
community doesn't realize that the combination of state proofs and PPoS (Pure Proof of State) makes
#Algorand
highly secure and resistant to quantum attacks, which is a HUGE threat to blockchains in the near future.
As I've been analyzing the current long-term chart for $ALGO and examining market cap potential, I think I can comfortably and confidently put a target on
#ALGO
from $3.50-5.60 (potentially up to the $6 level) for the upcoming cycle. Video coming soon on everything.
#Algorand
Time and time again, we see companies chose to go with
@Algorand
because of the superior technology and amazing team. $ALGO is still very much that hidden gem!!
$ALGO rallies have historically rallied passed resistance as much as they fell from previous resistance, and we've seen this happen 3 times so far. If this pattern plays out (and we've seen a bottom), the technical target for the next
#ALGO
breakout is $4.50-4.70.
#Algorand
$ALGO accelerated vesting is 98.1% complete. The closure of AV, and the implementation of community governance are about to yield AMAZING things for the future of
#ALGO
!
Charts can't go vertical in any direction, up or down, without a major correction to the opposite direction. Big bounce coming. $BTC
#BTC
#cryptocrash
#cryptocurrency
$ALGO is up 125% in less than two months!!
Keep in mind, that we WILL see a substantial retracement at some point in the future, so be cautious. Long-term holders, keep holding. NFA
#ALGO
#Algorand
Basically official results at this point. Measure A is the winner. There are pros to both measures, and A will be good for long-term growth and adoption for $ALGO. Cheers
#ALGO
governors!!!
Less than 3 Billion $ALGO will be released into the economy through 2030 until we hit the max supply cap of 10 billion
#ALGO
. This works out to around 364 million
#Algorand
coins per year, representing a peak at most of 5% inflation in supply.
VERY nice $ALGO breakout happening and underway. We've been waiting for like 2 months, so patience is being rewarded here. I'm targeting
#ALGO
short-term to $3.75 using multiple methods.
#AlgoAutumn
#Algorand
#AlgorandAutumn
Very, very, VERY healthy weekly chart setup for $ALGO over the last two months. The World Cup is in a few weeks, if we can get some positive momentum, the exposure will only continue to explode with that healthy gain. Exciting times.
#ALGO
#Algorand
$ALGO is not even listed on among the TOP 16 chains for
#NFT
volume/sales.
#ALGO
is the BEST CHAIN for
#NFTs
since it's not forkable, yet we're not even on the map. Still TONs of room to grow!
$ALGO retesting low support at $0.2567. IF the bulls can hold this level, there's a nice shot at forming a nice double-bottom pattern. IMO this is still a great long entry point right at support. Plus, $ALGO around a quarter is a long-term win.
#ALGO
#Algorand
New $ALGO video just posted!! Let's talk all about
#ALGO
and why despite hitting the $1 level so far,
#Algorand
is just barely getting started!!
@Algorand
$ALGO on the cusp of a MASSIVE breakout. Been consolidating the last 5 weeks, tightening ranges on decreasing volume, golding 50 EMA support, and about to break closing AND price level down trend lines. F'n send it!!
#ALGO
#Algorand
Recent events have skyrocketed the FUD in the $ALGO ecosystem, and I feel for everyone impacted. Keep in mind, nothing has changed about the tech.
#Algorand
has definitely provided some very trying times.
#ALGO
will continue and we will come out stronger. 💪
$ALGO getting stuck up at a big resistance zone up to .1056 which was prior support.
#ALGO
prices are above the EMA support zone though, so a retracement to confirm new support and maintain a higher low would be strong.
#Algorand
Who wants a video??
Everyone has been excited about $ETH transactions over the last 6 months being less than $5, yet $ALGO transactions are currently TWO-HUNDREDTHS of ONE CENT. For nonmath people, this is $0.0002. Right now, you can send 4,444 $ALGO transactions for $1 USD.
In 2013, I told people to buy $BTC
In 2017, I told people to buy $ETH
Since 2020, I have been telling people to buy $ALGO!!!!!
#ALGO
#Algorand
@Algorand
The last financial collapse in 2008 was the catalyst that caused the creation of
#cryptocurrency
. This financial collapse could be the catalyst that causes the adoption of
#crypto
and
#blockchain
on a major scale.
Today,
@arringtonXRPcap
announced the launch of a $100M fund to invest in
#Algorand
-based initiatives! The Arrington Algo Growth Fund (AAGF) will focus on empowering projects building on Algorand & supporting ecosystem growth:
#futurefi
@arrington