ALGO

Top_Mind9514

ALGO

Calibased

You didn’t list kucoin so this is all invalid unfortunately. Buy $FLOKI $VRA $ALGO $BLOK

Due-Candy-8929

Ripple / XRPs longevity is a big advantage over newer companies… consistently being in the top 10 and being one of the first cryptos gives a heavy advantage… (Bitcoin has the BIGGEST first mover advantage, but ETH / XRP / SOL benefit as well) when a transfer takes 1-3 seconds it’s other areas of infrastructure slowing it down… when a fee is less than $0.001 It doesn’t matter if it’s cheaper… look at all the collaborations / acquisitions / adoption… companies not just buying reserve but putting utility into action… Tbh most people who believe in XRP also believe in the potential of a lot of cryptos as well and tend to be diversified - XRP is my biggest bag (partly as it has outperformed the market over the last year so has naturally become worth more than other tokens with the same amount invested) but I also hold SUI LINK DOT FLR ALGO ADA XLM … I feel like most of the hate is just residue from Bitcoin Maxis saying whatever brain dead takes they can think up … Besides - I much prefer a Ripple Brad vs a MicroStrategy Michael

TheIrishStag

Algorand is the quiet sleeping giant. Works with a Pure-proof of stake or PPOS and is a hard capped at 10B coins by 2030. They have one of the fastest and most transactions per second average is 47,000 TPS and has never been down. It's carbon negative and quantum computer ready as well. Nodes can be operated by anyone who holds 30k coins and helps keep the chain decentralized. Also ALGO has lots of Real world Assets being used like homes, tickets, contracts, etc... Also recently they introduced the "Immurse" Mastercard that allows for seamless payments anywhere Mastercard is accepted. It's working wonderfully already. Lots of governments are considering using i5 to for their own digital currency. Just a few things I can remember lf the top of my head

TheIrishStag

ALGO

FL4SH-

I got a fair amount of ALGO, hopefully it flies

simaatjuh

All in $ALGO

CleverClover222

Seems like both ADA and ALGO have room to at least 2x imho....may just be wishful words though.

homerdickens

ADA, AVAX, DOT, ALGO, VET, NEAR. (layer1, rwa, ai)

Grunblau

AVAX, ALGO, XLM, SOL Already have enough BTC, ETH…

FerdaStonks

Yep, your cost basis is $0 and you owe taxes on what you received at the time you received it. That price then becomes your new cost basis for when you sell because you already paid taxes up to that point. I got screwed with this a few years ago with ALGO ASA air drops. I got a few drops that were worth $100 when I got them but within days they were worth $0 with no liquidity to swap out to make the loss cover the taxes on the drop.

Grunblau

I think it will be the preferred gamer chain. It has stolen a couple apps from Algorand. AVAX and ALGO are two of my biggest bags after BTC and ETH. Check out Off the Grid if you are interested in application of Avalanche.

Due-Candy-8929

Dont trade emotionally and don't just follow retail along blindly… you are likely to sell the bottom abs fomo buy back in at the top … I hold a lot of alts : XRP ETH SUI LINK HBAR XLM DOT FLR ALGO ADA … but I’m not worried and not watching the charts too closely - a lot of analysts are expecting an alt season but the average retail speculator will get scared out and buy back in once they feel safer… buy the fear, sell the greed… should be more worried when people are saying “ITS NEVER GOING DOWN!”

Due-Candy-8929

I much prefer to be diversified : currently holding XRP ETH SUI LINK HBAR XLM ALGO ADA DOT FLR... I stay away from memes / leverage - larger caps like ETH / XRP are a bit safer than smaller caps, but the higher you go up the risk profile the higher the potential returns as well... I like to play fairly safe though and don't really go into anything that small - be prepared to see high volatility, and to take profits and take some risk off the table as well - I don't plan to do a round trip this cycle! I don't think I'll be able to sell the top, but I plan to scale out of most of my cypto and take profits

Awkward_Many9565

FET, GRT, ALGO, solid picks, but keep your bet small

Due-Candy-8929

I like LINK… it’s one of my top bags along with other utilty tokens like XRP XLM HBAR SUI ALGO ADA FLR DOT… I don’t really care too much about the prices but the tech is cool and hope to see more and more adoption and real world utility … prefer to invest in technology I believe in than just mindlessly buy BTC… also I don’t trade memes

dompatsos

First make sure you put aside at least 3 months worth of expenses (emergency fund) in a readily accessible HYSA since you won’t have a monthly income until your next job. After you’ve done that you can begin buying the ‘dip’ - Bitcoin is still near ATH so maybe wait to see how things play out before buying back in. ETH still has plenty room for growth assuming favourable market conditions moving forward. Kaspa is a great project too. Consider HBAR, LINK and ALGO too. Depending on the size of the bonus you can hedge by buying Gold or a global ETF (although equity markets are near all time highs as well).

Aconyminomicon

It happened in November for any coins ISO20022 compliant. HBAR, XRP, QNT, ALGO, etc. all went up 3-4x in November to December. It is done now. The next narrative will be real world adoption starting with cataloguing RWA's.

biba8163

The Opportunity Cost of Shitcoining...when you were warned but keep on Shitcoining > *"Investing in ALGO would have been horrible when the sub loved it. I wonder if it's time to invest in it now that everyone hates it."* (June 2023) > $9,500 put in 1 BTC in June 2019 would be $30,500 > $9,500 put in ALGO in June 2019 would be $650 > Makes me wonder about the IQ of crypto investors who think FLOODING the market with more and more tokens and tanking the price will make it more bullish for the price to go up. What fucking logic. https://np.reddit.com/r/CryptoCurrency/comments/14y519h/daily_general_discussion_july_13_2023_gmt0/jrszcov/#jrt1yrq Today: - $9,500 put in 1 BTC in June 2019 is $105,000 - $9,500 put in ALGO in June 2019 is $600 > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs > - Shitcoin Predator Silvio Micali kept 20% of the supply to himself. It took Jed McCaleb 7+ years to dump all his 9% XRP supply. Silvio will be dumping for free money for years https://old.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/

homerdickens

ADA, AVAX, DOT, VET, ALGO. layer1 and RWA gonna be the niche

MousePoint85

I hold BTC for security, ALGO for the tech and PEP for the gains 💪💪

oroechimaru

The foundation tracks but im not familiar with tech group, my assumption is its used to pay for developers: https://algorand.co/algorand-foundation/transparency I get it you hate algorand but it seems like you are just hungup on dated misinformation? “Algorand's token distribution: The total supply of ALGO is 10 billion tokens. This supply was created at the genesis of the Algorand blockchain. The distribution of these tokens is governed by a defined plan. Algorand Technologies' role: Algorand Technologies, the company, is not a large holder of ALGO itself. Their role is more about ensuring the smooth functioning of the network, providing resources for development, and incentivizing participation. ALGO distribution: The Algorand protocol has a fixed and immutable distribution plan for the 10 billion ALGO tokens. This plan allocates tokens for different purposes, including rewards for Participation Nodes, Relay Nodes, and for the Algorand Foundation and Algorand Inc. Circulating supply: A significant portion of the 10 billion ALGO is in circulation, currently around 8.6 billion. The circulating supply will continue to increase as the distribution plan is carried out, according to CoinMarketCap and Kriptomat. “

Due-Candy-8929

I’m also holding ETH , ALGO, ADA, HBAR, DOT, SUI… Ones I’m holding that you’re not include XRP XLM LINK FLR

Responsible_Drive380

Looks like good diversification to me. One alt season kicks off I'd be rethinking your btc allocation - either reinvest or pull out and wait for the cycle low. I'm a bit fan of ALGO - some interesting developments in regards to BUILD and tokenised T Billls today. SOL also has big institutional interest. Do give us an update as the year progresses. Good luck to you friend 🙂

DingDongWhoDis

🤦‍♂️ That's not finality. The speed of a transaction landing in a recipients wallet is not time to finality. Again, ALGO takes 2.8 seconds and is 100% final. Big difference.

gonzoes

ALGO ! Love to see it being mentioned more very slept on projects going on over there

biba8163

> I don't think Sylvio/Algo is motivated by pure self enrichment When you gift yourself 20% of the supply of the coin, it is 100% motivated by pure self enrichment. > Good thing is it's a fixed total of 10 billion, not constant/lifelong inflation. You must be new to crypto to think these shitcoins have a fixed supply. Founders/Devs/Insiders/Foundations print more tokens when they run out of money and will push the changes through one way or another, either unilaterally, through votes or through threatening the community/investors that development cannot continue without more funding. - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://np.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://np.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://np.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://np.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development - FTM (Sonic) increased their capped supply by 15% with the Sonic rebranding https://np.reddit.com/r/FantomFoundation/comments/1huwjrp/ftm_to_sonic_supply_increase/ This guy called out these coins in 2022 and MATIC, FTM already increased their supply. Governors with heavy ALGO bags who think their supply is capped and will find out soon enough.... > - Polygon - Model likely not sustainable past 2024 > - Avalanche - Model likely not sustainable past 2030 > - Algorand - Model likely not sustainable past 2030 > - Fantom (Sonic) - Model likely not sustainable past 2024 https://np.reddit.com/r/CryptoCurrency/comments/w6z0lx/why_max_supply_is_often_a_lie/ (2022)

biba8163

> Exchanges are just after money. It's that simple Solid, legit long-term projects that the OP talks about are just solid, long term rugpulls and scams. It's that simple. 7 1/2 years ago, Coinbase CEO Brian Armstrong tweeted that Decentralized Apps would replace the top user content and social media apps and centralized companies would be competing against DAOs. > I think most or many user generated content apps on the web today (stack overflow, YouTube, Facebook, Reddit, quora, github etc) will all get rebuilt on the decentralized web and every upvote/like/star/follower/etc will send real money to the creator of the content - January 2, 2018 https://gist.github.com/travisbrown/ef999d98e9f79c05221bebb36563e3ec 7 1/2 + years ago, Brain Armstrong was hyping up 2 projects as having legitimate use cases, utility and primed for adoption -- and these were the first 2 ERC-20 tokens listed on Coinbase: - BAT is -92% since 2018 (Brave Browser token) and the - ZRX is -98% since 2018 (Bullshit DEX token hype) Almost 8 years later, there is no indication of anything like this being built on crypto 6+ years later. Still VCs and Foundations generating hype and dumping worthless tokens on gullible crypto investors. All the 2017 projects that people fell for that were going to decentralize Compute, Storage, etc like SIA, Golem, are also down -97% with people investing in them having lost most of their mone;y. Scammers like big brained Brendan Eich, creator of Javascript and founder of the Mozilla foundation were telling investors in 2018 that his BAT scam was going to outpeform BTC https://x.com/BrendanEich/status/956237347649069057 - Breden Eich 2018 After BAT slowly rugpulled investors, Brendan Eich has moved on to his other project RNDR and people are still falling for his solid, legit long term project. In 2015, Emin Gün Sirer was pretty much calling all Alts scams saying they don't do anything innovative and was just project founders trying to enrich themselves to get more BTC. > I am most excited about the efforts to build new value-added services on top of the Bitcoin blockchain....Altcoins are useful as testing grounds for new ideas. Ideas that are deemed too risky or too unknown to integrate into Bitcoin can be tried in the smaller universe of an altcoin. Sadly, however, most of the altcoins in existence do not actually have sufficiently innovative ideas at their core. In many ways, they are reactions to the distribution of wealth in the Bitcoin blockchain - Emin Gün Sirer 2014 https://bitcoinist.com/exclusive-interview-with-professor-emin-gun-sirer/ In 2015, Emin Gün Sirer is probably a billionaire with his own project AVAX which got seed funding from by VCs and has been relentless dumping tokens on gullible investors and will continue to bleed out like the rest of the Alts. Emin joins another professor, Silvio Micali, who also launched his own project ALGO and kept 20% of the supply as a founders reward and the project uses money collected from dumping tokens is used to buy FIFA sponsorship, racing sponsorship, dead file sharing companies Napster, LimerWire, etc and a lot of bullshittery to lure new buyers

Onauto

I’d be doing some diversification. BTC is value storage. XRP, XLM,XDC, ADA, SOL, HBAR, ALGO, and LINK are more likely to see aggressive growth between now and December. Hold and wait for the days people are freaking out over the green candles and sell DCA style on the up flow. Buy the blood and sell the green.

Secret-Tackle8040

Please don't buy this guys ALGO bags. It will absolutely never recover.

Onauto

XRP, XLM, XDC, SOL, ADA, HBAR, ALGO, & LINK Solid cryptos with a future imo. If you’re feeling wild, ZBCN and KAS.

kshtwgky59

Here? Last cycle especially, there were a lot of altcoin shillers. From "ONE to $1", ALGO, LRC, to that "CRO guy" Just don't overdo it I guess

Responsible_Drive380

Are you thinking long, medium or short term? I'm a massive fan of ALGO myself but at this point in the cycle I reckon any of the top 25-50 are solid plays. Well, maybe not trump but you never know!

MrEnganche

Is ALGO dead project?

Grunblau

I’d like to narrow my scope to 5-7 projects. Likely BTC, ETH, AVAX, ALGO, XLM, a meme or two. Been too difficult to keep up with like 25 different projects and staking, etc…

Grunblau

I have been talking about Off the Grid and always include AVAX among my favorites. ALGO gets zero main media news unless it is negative. Probably a good sign, but exhausting.

HSuke

It's funny that Avalanche never gets mentioned on this sub despite having numerous ~~subnets~~ L1 networks, and with AVAX being 5x larger than ALGO.

Onauto

ISO 20022 compliant crypto is where I’m looking. Type it into any search 👀 XRP, ADA, XLM, XDC, HBAR, ALGO, QNT, XVG, & IOTA. I’m betting these will be okay over the next few years. Given the chance at reduced taxes on US made crypto, you might narrow it down if you like.

igoldring

ALGO bagholder?

LoveSexDraems

XDC and IOTA and ALGO ISO20022 tokens for the win

AMPnations

ALGO with the worst or no Tokenomics at all and AF dump truck 🛻 rug retail

biba8163

The Opportunity Cost of Shitcoining... > *"Investing in ALGO would have been horrible when the sub loved it. I wonder if it's time to invest in it now that everyone hates it."* (June 2023) > $9,500 put in 1 BTC in June 2019 would be $30,500 > $9,500 put in ALGO in June 2019 would be $650 > Makes me wonder about the IQ of crypto investors who think FLOODING the market with more and more tokens and tanking the price will make it more bullish for the price to go up. What fucking logic. https://np.reddit.com/r/CryptoCurrency/comments/14y519h/daily_general_discussion_july_13_2023_gmt0/jrszcov/#jrt1yrq Today: - $9,500 put in 1 BTC in June 2019 would be $104,000 - $9,500 put in ALGO in June 2019 would be $630

DiamondTendieHolder

XRP, XLM , ADA, HBAR, ALGO, Shiba (if it were to go to $0.10-0.50), ETH and BTC.

biba8163

> Close to $3.0Trillion says otherwise !! That growth is all BTC and Stablecoins. Excluding BTC and Stablecoins, the total Alt Marketcap has shrunk -30% since 2021. - $2.1 Trillion is BTC - $0.24 Trillion is Stablecoins BTC is the ONLY crypto appreciating long term. Stablecoins are expected to reach $1.6 Trillion to $3.7 Trillion by 2030. Stablecoins should easily overtake Total Alt Marketcap in a few years. ETH, TRON, SOL, ALGO and ETH L2s are competing networks are just rails for stablecoins and tokenized assets. These networks need to remain cheap to compete. They are NOT long term appreciating investments. If people still don't grasp this, it's going to continue to be a painful lesson in opportunity cost. > Citi’s baseline projection shows the market jumping to $1.6 trillion by 2030, assuming regulatory support and institutional integration continue apace. > A more optimistic scenario would push the market to $3.7 trillion, a figure that surpasses the current global cryptocurrency market cap of $3.45 trillion. https://www.pymnts.com/cryptocurrency/2025/citi-stablecoin-market-could-hit-3-7-trillion-by-2030/

Impossible_Half_2265

From meta To sort the ISO 20022 compliant cryptocurrencies by market value, we need to look at the current market capitalization of each coin. Here's a list of some ISO 20022 compliant cryptocurrencies, sorted by their market value: - *Top Compliant Cryptocurrencies:* - *Ripple (XRP)*: With a strong focus on cross-border payments and integration with financial institutions, XRP has gained significant traction. Its market capitalization is substantial due to its widespread adoption and partnerships with major banks. - *Stellar (XLM)*: Stellar's focus on financial inclusion and fast, low-cost transactions has made it a popular choice. Its market value is considerable, driven by its partnerships and growing adoption. - *Cardano (ADA)*: Cardano's robust blockchain platform and focus on security and scalability have contributed to its significant market value. Its peer-reviewed development approach and strong community support have driven its adoption. - *Algorand (ALGO)*: Algorand's fast, secure, and scalable transactions have made it a versatile solution for financial applications. Its market value is driven by its growing adoption and support for smart contracts. - *Quant (QNT)*: Quant's focus on interoperability between blockchain networks and traditional financial systems has contributed to its market value. Its Overledger protocol enables seamless communication between different networks. - *XDC Network (XDC)*: XDC Network's blockchain solution supports trade finance and tokenization of real-world assets. Its partnership with R3, a consortium of over 200 financial institutions, has driven its market value. - *IOTA (MIOTA)*: IOTA's focus on the Internet of Things (IoT) ecosystem and scalable transactions has contributed to its market value. Its unique architecture and quantum-proof cryptography have driven its adoption ¹ ². Please note that market values can fluctuate rapidly due to various factors, including market sentiment, regulatory changes, and technological advancements. For the most up-to-date market values, it's best to check reputable cryptocurrency exchanges or financial websites.

Onauto

XRP, XLM, ADA, SOL, HBAR, QNT, ALGO, XDC have excellent use cases. Easy picks for me. ISO compliant cryptos should do well over the next 10 to 20 years and regulation is coming. Utility and tokenization is on the near horizon and already beginning to manifest. JMO

Due-Candy-8929

I like to diversify, alts I have include XRP XLM HBAR LINK SUI ADA ALGO DOT FLR ETH… been holding most over a year now

Due-Candy-8929

You do you, but I’m happy avoiding leverage + memes, been buying XRP XLM HBAR LINK SUI ADA DOT FLR ALGO ETH - happy just buying and holding til its worth selling - pick up more in the corrections

Due-Candy-8929

I have seen at least 3 of these posts over the last few days 🤔 diversify, research, don't fomo in or panic sell out, wise to stay away from memes / leverage / telegram... Personally my favourites are XRP XLM HBAR SUI LINK ETH ALGO DOT ADA FLR

FL4SH-

Add HBAR and maybe ALGO, the rest look decent. I’m big on Sui and ETH

AnoAnoSaPwet

Depends on what you can afford? Generally I'd recommend users to invest in anything that's still active that "has, is working towards, or develops" smart contracts.  My favorites are ADA, ATOM, DOT, ALGO, POL.  All still relatively cheap, with the exception of ADA.  It also doesn't hurt to buy a small amount of let's say LTC/XMR/BCH (alternative Proof of Work cryptocurrencies that are still around, because you can buy whole coins right now).  You never know? I remember when Ethereum was like $8 and look at it now. 

MostAssured

Long-term for stability and modest gains: BTC & LTC (based on history, uptime, decentralization, most used, most reliable, most scarce, most secure, ETF support, etc.) Long-term with more risk and potentially much higher reward: Something that is quantum-resistant such as QRL or something that can everything very well such as ALGO I believe ETH has had its day. It does not have the first mover advantage that BTC and LTC have, and it’s suffered a lot of problems over the years with high gas fees and developers moving to other ecosystems. It increased in value because at one point it had the best tech. That is no longer the case.

XRPXLM987

Think about racing at the athletic events. The organizer hires 1 athlete to play the rabbit ( hint - BTC). When crypto came into existance the power that be, needed a showcase for the world, behold : the champion emerges ! However almost 2 decades later, when the blokchain technology is on the way of replacing TRADFI or at the very least merging itself into it, BTC is outdated and being outperformed (technically) by almost any utility crypto. Thus I say the 4 horsemen of The Apocalypse will be : XRP XLM HBAR ALGO

XRPXLM987

XRP XLM ALGO HBAR. Safe bet for 10 years. BTC definitely not.

Azzuro-x

Let me try to understand your calculation. Assuming you've invested 30k ALGO and you receive 9.7 per day your total income in 6 months is roughly 1800 ALGO. That is quite far from the half of your initial investment namely 15k ALGO (not to mention the price of Algorand is 50% less than half a year ago).

Due-Candy-8929

My top coins are XRP XLM SUI ADA ETH LINK HBAR DOT ALGO FLR

Dr_Panda_Mick

Thanks for those details i’ll see if i add it to my portfolio. As it sounds like it holds up with my portfolio of ADA, ALGO and NANO in terms of prioritizing speed, decentralization and low fees

Due-Candy-8929

XRP being the top performer in the top 100 cryptos and being up 402.5% over the last year is a pretty solid medicine haha… Top 50 Performance over the last year : XRP 402.5% SUI 323.7% XLM 193.4% HBAR 93.1% ADA 84.4% BTC 62.6% ALGO 37.4% LINK 26.7% ETH -12.6%

Due-Candy-8929

As someone who took that higher risk over the last 1.5 years it’s been my best performer - currently holding XRP XLM HBAR LINK SUI DOT FLR ALGO ADA ETH

AnyWaltzWillDo

All coins have a community. It doesn't matter if it's DOGE, PEPE or even BTC. I would say XRP is a speculative asset. It has a defined use case that it does exceptionally well. The question is whether we will see adoption. Long term that is the speculation. This is very common. LINK, ETH, ADA, ALGO and even Tesla stock is all priced on speculation.

Loose_Flipflop_99

VeChain, HBAR, ALGO

endigochild

Instead of "little of everything" I'd stick to what has actual use case like ISO2022 and keep my holding small. The new financial system will run on Gold, XRP, XLM. XRP would be my main focus & biggest holding. Then XLM, XDC, HBAR, ALGO. Maybe a few other venture capital projects that are like 1-2% of your portfolio like VELO, SHX.

homerdickens

ADA, AVAX, DOT, ALGO, VET, NEAR. these are your apple, microsoft and teslas! cant go wrong witj

homerdickens

absolutely!!!! genius move buddy! make sure you buy my coins too ok? ADA, AVAX, DOT, ALGO, VET, NEAR, ACH

Due-Candy-8929

I have been buying ETH over the last few weeks while sentiment was in the gutter... 30K is pretty bold though.. tbh I would diversify it across a few alts... I hold ETH XRP XLM HBAR LINK SUI ADA ALGO DOT FLR... expecting ETH and XRP to do really well and are fairly safe bets... however some of those smaller caps may outperform them and see higher % gains! But also... be prepared to take profits!

Plus_Seesaw2023

ALGO and ATOM. Yes.

spider_84

ALGO

TraditionalRecover29

ADA, LINK, RENDER, AVAX, HBAR, ALGO, SKI (mask dog)

smi2ler

Algorand is not more decentralised than Ethereum according to the AI: Between Algorand and Ethereum, Ethereum is currently more decentralized by most standard measures. Here's a breakdown of why: 1. Validator / Node Distribution Ethereum: Thousands of nodes spread across the globe. Anyone can run a validator node by staking 32 ETH (or via pooled solutions). No central entity controls a significant portion of nodes or stake, though there are concerns about staking services like Lido or Coinbase having large shares. Algorand: Uses a Pure Proof-of-Stake model with a committee randomly selected to propose and validate blocks. Although theoretically open, in practice much of the voting power has historically been concentrated among early stakeholders and the Algorand Foundation. Far fewer active nodes than Ethereum. 2. Development Control Ethereum: Development is coordinated by multiple independent teams (e.g., Geth, Nethermind, Besu), and governance happens through public discussions and EIPs (Ethereum Improvement Proposals). Algorand: The Algorand Foundation and Algorand Inc. (Silvio Micali’s team) play a dominant role in development and decision-making, which reduces decentralization. 3. Token Distribution Ethereum: Was launched with a crowd sale in 2015, and while there was some centralization in early distribution, over time it has become widely held across many wallets. Algorand: A significant portion of ALGO tokens were initially allocated to insiders and the Foundation, though they have made efforts to distribute tokens through grants and incentives. --- Conclusion: Ethereum is generally considered more decentralized than Algorand, due to its larger and more diverse validator set, open-source multi-team development model, and broader token distribution.

askolein

Yeah HBAR ALGO really are similar and have like almost exact price charts.

askolein

Honestly I don't know. The market is so bad that I'm not sure I can recommend ANY of them. I like ALGO, XMR. L1s have the best token model by definition (platform usage drives token demand directly). INJ, LINK, UNI may be interesting. Other DeFi and DePIN with actual real economies are also interesting. One issue is that, when a company starts generating revenue with B2B deals, it's hard for them to make the token capture it (outside of buy backs, which is like a dividend kind of token). When a token captures on-chain value, it's hard for it, currently, to generate a lot of revenue, outside of L1 platforms.

Due-Candy-8929

Will you write an essay on Bitcoin after all mined coins as allocated? It will still require mining to function on layer 1, unless it relies on layer 2s or tokenization on other layer 1s like ALGO / XRPL… the mining uses as much energy as some countries - when miners aren’t being rewarded with new coins what will the fees look like to absorb that cost? … returns are less and less every cycle, and you could put $90,000 in… to not even own 1 BTC… while so many coins may have only cost others $1 🤔 feels like a bigger and bigger risk with time, and the biggest winners are still exponentially those that got in earliest

Whale4Crypto

Probably going to get downvoted but $ALGO has tons of #RWA use cases: * Lofty * TravelX * Vesta Equity * Meld Gold * ANote Music * Agrotoken * Asia Broadband * Archax * Koibanx * ClimateTrade * Ctrl Alt * [Book.io](http://Book.io) * AssetBlock * Exodus * Ureca * Wholechain * DUST Identity * Hesabpay Take a look!

Lillica_Golden_SHIB

My big boy ALGO needs a break

partymsl

Okay so... thats the last straw for my ALGO holdings since 2021...

ZioYuri78

My bag of ALGO will never recover.

biba8163

In 2019, I kept warning gullibles not to fall for the tech meme. Of course people fell for token dump tech memes like ALGO, etc. Don't be like bagholding governors. You can do better. > You seem to be fixated on tech. Tech means nothing if nobody uses it and if nobody cares. NXT was the most advanced coin in 2013 and still one of the most advanced now. Created by the founder of IOTA, it had a ton going for it. People thought it was like TCP/IP or Linux of blockchains and the future: > - First coin that was 100% Proof of Stake pioneered by IOTA founder > - 1.5 minutes block times > - Java > - DEX > - Messaging > - Assets in the blockchain > - Programmable APIs > But what happened? LTC is #4 and doing great and NXT is pretty much dead. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/

Renowned_Molecule

The stats: I own ALGO & I own zero ETH. Do you really think or believe that decentralization is the only important point in blockchain/directed acyclic graph technology?

Renowned_Molecule

ALGO > ETH. Once you honestly understand both networks…

hshnslsh

Them ALGO MFers will be watching with baited breath.

Due-Candy-8929

Hadn't heard of Supra - not on my main exchange yet but looks good at a glance! I like other layer 1s with a lot of utility so it looks like something I would add to my folio… currently holding XRP XLM HBAR SUI LINK ADA ALGO FLR DOT ETH

Due-Candy-8929

Don’t be all in one… or you’ll constantly be selling at the time you should be buying chasing the big green grass candles on the other side of the fence… diversify… I hold both DOT and LINK, along with XRP XLM SUI ADA ALGO ETH FLR … LINK has done better for me timing wise but DOT has a lot of devs and things are looking good for alts in the coming weeks / months… What have I been buying the last few weeks? ETH… because sentiment is in the gutter and it’s 1/2 the price it was a year ago… when I bought XRP over year ago it was $0.50 and sentiment was also really low, now it’s $2.17 … don’t be driven by your emotions or you will just be selling at the bottom and chasing things after they are taking off

Due-Candy-8929

This is true : decentralization and companies / whales / governments holding a lot are not the same thing… however people who say this then turn around and say other tokens like XRP are centralized 🤔 when it does P2P far better : for BTC to truly work for P2P it requires layer 2’s or tokenization on other layer 1s (which can actually be more marginally centralized due to a third party company having the control it that case)… however also vastly more useful for that original purpose (el salvidor used ALGO to facilitate its BTC payments) : TLDR - crypto has purpose and is stronger as an industry and working together rather than perpetuating dumb arguments that aren’t factual - governments, whales, companies and institutions owning more doesn’t mean things are more centralized, but if anything validates the potential - there could be political / geopolitical issues and dumps, but that doesn’t mean the tech is centralized or there is something wrong with crypto itself - it’s far better to be in crypto before all the big players arrive

Due-Candy-8929

BTC is reliant on Layer 2s or tokenization on other Layer 1’s like the XRPL or ALGO… 7 tps and expensive fees make it highly unpractical… XRP or others are far more suitable… and XRP can be used in the background without the customer ever even needing to know crypto was used… the transaction is done in seconds and costs a fraction of a cent

Ratatatatatata27

ALGO

Due-Candy-8929

Tbh I think at some point retail becomes BTC whales exit liquidity and then those with the money to move markets make a new obvious choice… from a technological point of view BTC is slow and expensive and reliant on layer 2’s or tokenisation on other layer 1s… if you believe in crypto as a whole there are better projects out there that will see greater percentage returns, and it’s possible the landscape will change a lot in the future. You can understand the tech, and the opportunity without just buying in blindly expecting ‘number go up’ forever - the first people who bought bitcoin were forward thinking, visionary, saw the opportunity in the tech, and beat the masses in… but most investors now are just copy cats, and drawn to the high price of bitcoin like a moth to flames - some treat BTC as if it was safer than a HYSA, but each cycle the returns bring lower and lower percentage gains - what happens when all BTC is mined, but mining still needs to happen to move BTC on layer 1? Mining fees will go through the roof to offset no longer being compensated with new BTC… mining already costs and uses as much power as some countries, so that cost will have to be absorbed by the community, or again, rely on Layer 2’s / todknization on other layer 1s… ie. I have heard that in El Salvador which used BTC as cash they were running it on ALGO rails… but recently they stopped enforcing that BTC had to be accepted as legal tender

OccasionalXerophile

ALGO next

cecirdr

This feels like the old VHS vs Betamax thing. The lesser standard won. (I sure dated myself didn't I) I personally lean more toward Hedera and Cardano in my current portfolio despite most of my holdings being BTC. SOL has seemed iffy to me and I got rid of most of my holdings. XRP seems poised to break out, but I concur with your sentiment on it. I'm in ETH because while it's taken heat for going POS, that is much more useful for becoming a true currency. I'll look into ALGO. It sounds intriguing. I have the same feeling that you do though, that all the logic in the world won't amount to diddly when we start to see all of this eventually shake out into its "final form".

the_bueg

It's so irrational. BTC's value is not as a "currency", but as "digital gold" as they say. A "finite store of value". Which to me sounds like copium, and has no defensible basis in reality. At the end of the day, IMO, it's just a speculative asset, plain and simple. Don't get me wrong, I've been in BTC for almost ten years - and slowly bought more through every major downturn - and it's done very well for me. So I'm not complaining, but I don't get it. It's not just irrational, it's moronic IMO. XRP and SOL are very high throughput and solving some problems like cross-border payments, but both are too opaque and centralized IMO, and SOL has had actual outages - an absolute non-starter in my book. I don't know how anyone can accept that, even as a historical blip. No distributed P2P crypto network should *ever* have an "outage". But again - the market is not rational, so what I would think should matter, is utterly irrelevant. Why has TSLA been going *up* after last earnings call? Up is down, and red is pineapple quarterback. Hedera sound really intriguing to me. I (and apparently only I) think of it as "Gen 3" crypto. I think of Algorand and Cardano are "Gen 2+", and ETH on Proof-of-Stake is "Gen 2". ETH on Proof-of-Work was "Gen 1+" in my mind (supporting smart contracts but still crazy power requirements), Bitcoin is "Gen 1 proof-of-concept". The first. Works about as well as a toddler eating glue. Monero is solidly and [I'd argue] the best of Gen 1: still PoW and no smart contracts - but low tx costs, faster than bitcoin - and as private and fungible as cash. I myself am mostly in Bitcoin, but betting heavily on Hedera and Algorand. ALGO is a total underdog, overlooked, underappreciated, and IMO grossly undervalued. What it has going for is is essentially free and instant transactions - among the quickest going - excellent governance and decentralization model, USDC is available on the chain, and the foundation is apparently making deals left and right with governments and other organizations. To do what, exactly, I don't quite remember [and/or never bothered looking into it more] - but the chain could certainly be used as the basis for one or more government-sponsored digital currencies for better or worse. (Better for ALGO, for sure.) But again, fundamentals and logic really don't seem to mean shit. Just throw a dart at the friggin wall.

DBRiMatt

It wasn't ADA, ALGO or even SOL.... ftball21 was the real ETH Killer all along!

ZioYuri78

We are so back, now my ALGO bag is only 80% down!

FL4SH-

Surprised not a lot of others mentioned ALGO

Plus_Seesaw2023

ETH or AVAX or ATOM/ALGO... of course = GOOD LUCK lol

Whale4Crypto

Why not $ALGO. (Serious question)

SwimOld5053

ALGO is definitely a promising project tech-wise, I give you that. But since ADA has been around for a longer time, with more trust, community and building, I wanted to bring this one up. This is already its 3rd cycle.

KPTA-IRON

Surprised with this take, so many more useful coins that are way more underrated off the top of my head ALGO is one of them

Humble-Departure5481

Skip LINK. It's a slow mover. It should hit 90-110 this cycle, but with price suppression it might not. Go with something safer and with greater multipliers. SOL is probably a 3x or so play, but long wait too. XRP and ADA are probably good this cycle too. Not sure about ALGO. It doesn't have the connections.

Legitimate_Towel6291

Using Atomic Wallet to store 30k XRP, 105 QNT, 55k XLM and 20k ALGO back in June 2023. They allowed an Employee to open a back door from inside, let hacking group Lazarus straight in "Aparently" and covered it up, then ignored us and act now like it never happened. Steer clear of any exchanges that are based in Estonia. Konstantic Gladyshev ( AW Founder ) has been living it up like a billionaire since, I wouldn't be surprised if he took his cut from Lazarus.

noviwu97

Depends on your definition of altseason. I would consider Nov-Dec 2024 to be altseason. Some older alts went 500%+ including ALGO. The duration to take profit is obviously getting tighter as lots of bagholders are selling.

biba8163

> Silvio himself said... Reminds me of all the BAT fanboys worshipping Brendan Eich in 2018/2019 saying the big brained creator of Javascript, founder of the Mozilla foundation was creating a revolution in digital advertising and I am a fudder who doesn't understand what's happening when I kept telling people BAT was a money grab gimick token. Of course big brained Brenden is a scammer and so is Silvio and they'll say anything to dump on you at a higher price > BAT is a gimmick and it'll never be adopted https://np.reddit.com/r/CryptoCurrency/comments/cflfh9/why_does_brave_need_its_own_currency_why_cant_it/euba6hr/ > simply the best tech I warned people not to fall for the tech meme almost every day back in 2018-2020. Of course people fell for token dump tech memes like ALGO, DOT, ATOM, HBAR, etc over the next few years and everyone has lost money. > You seem to be fixated on tech. Tech means nothing if nobody uses it and if nobody cares. NXT was the most advanced coin in 2013 and still one of the most advanced now. Created by the founder of IOTA, it had a ton going for it. People thought it was like TCP/IP or Linux of blockchains and the future: > - First coin that was 100% Proof of Stake pioneered by IOTA founder > - 1.5 minutes block times > - Java > - DEX > - Messaging > - Assets in the blockchain > - Programmable APIs > But what happened? LTC is #4 and doing great and NXT is pretty much dead. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/