ALGO

Ashamed-Drop2949

I had an experience with the ONYX ROBOT. Absolute SCAM. His preferred broker is VT Markets. Ran into a drawdown of 48%. They want you to keep on depositing to reduce drawdown %. All advertising is false because when I compared his advertised profitable pairs, same pairs were running into major drawdown on my platform. These guys are getting commissions from VT Markets. ONYX ROBOT is banned from Instagram. There is another advert, FOREX ALGO, using VT Markets, probably same person different name.

Renowned_Molecule

I got those. They are classified as Ancillary Assets in one of the bills still waiting on markup vote. Also, ETFs are still in the pipeline for XRP, HBAR, XLM. Not sure if there any S-1’s for ALGO related spot etf. 

Zealousideal-Heat399

I got XRP, HBAR XLM AND ALGO. What do you think about my portfolio?

Grunblau

Way to go ALGO!

DankShibe

Doge dog walks (pun intended) both ALGO and Cardano.

Rare_Rich6713

That’s why I think it’s smart that some blockchains like QAN and ALGO are already working on quantum-resistant tech. I’m especially interested in QAN because it lets developers code smart contracts in any programming language, which should make migration much easier. Hopefully more chains start preparing early instead of reacting late.

SenseiRaheem

The death of sub-darling ALGO has been incredible. Cardano, too. RIP, 2020-21 altcoins. They're not coming back.

Coomacheek

lol, only 396 views of the video at the time I clicked. Go ALGO community!

whisperedstate

Wow, thats amazing!! Why isn't everyone buying ALGO? The entire world should buy some ALGO, look how amazing it is. Wow, no forks!? No way! unreal bro.. Atomic grouped transactions!? Wow!!!

biba8163

BTW, I warned that the HBAR scam was coming in 2019 and warned that his shitcoin would bleed to death since 2023. Only fools hold meme tech shitcoins long term. > Don't worry, *a new round of shitcoins will be coming with new hype. Soon people will be shilling about Cosmos, Polkadot*, **Hydera Hash**, *Fantom, Radix, etc.* Some of these other coins that are in the top 25 will be gone the way Stratis, Golem, MaidSafe, Bitshares, SingularDTV which were in the top 25 at this time in 2017. **(2019)** https://np.reddit.com/r/CryptoCurrency/comments/bjohvq/daily_discussion_may_2_2019_gmt0/emd4p9j/ > And *like I predicted new shitcoin scams like Cosmos, Polkadot*, **Hydera**, *Fantom, etc did pump. And expecting these scams to be around in a few years is just as foolish as those people in 2019 who were expecting Stratis, NEO, IOTA, EOS, etc to be around* **(2023)** https://np.reddit.com/r/CryptoCurrency/comments/17506yp/daily_crypto_discussion_october_11_2023_gmt0/k4ecz87/ > Shitcoins have rug pull tokenomics which are hidden by partnership and technology memes **(April 2023)** > - Avalanche 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - **Hedera 6.6 Billion to 30 Billion (400% inflation in 2 years )** > - Algorand 1.1 Billion to 7 Billion (530% inflation in 2 years) > The irony is that people who invest in projects like this think Dogecoin's 4% yearly inflation is too high. These shitcoins last a cycle or two, see IOTA, ICON, OMG, etc, while something like Doge will continue to be around https://np.reddit.com/r/CryptoCurrency/comments/12vattj/are_shitcoin_and_meme_coins_the_same_thing/jhatz9r/ > the market gives you indicators of who the sure losers are: **(2024)** > After being -90% since 2021 ALGO, ATOM, DOT, **HBAR**, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common is predatory tokenomics without any demand for the token. > Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money https://np.reddit.com/r/CryptoCurrency/comments/1elzgdl/what_l1s_do_you_think_have_a_lot_of_potential/lgweq5l/

Numerous_Wonders81

Algorand is also hard capped. The 10 Billion ALGO cap was minted at genesis and remains fixed and immutable.

Numerous_Wonders81

To 'uncap' the supply, you would need 90% of the staked online nodes to agree to a consensus upgrade. The chance of a 90% 'yes' vote to dilute their own bags is effectively zero. The 10 Billion ALGO cap was minted at genesis and remains fixed and immutable.

Numerous_Wonders81

To 'uncap' the supply, you would need 90% of the staked online nodes to agree to a consensus upgrade. The chance of a 90% 'yes' vote to dilute their own bags is effectively zero. The 10 Billion ALGO cap was minted at genesis and remains fixed and immutable.

Numerous_Wonders81

To 'uncap' the supply, you would need 90% of the staked online nodes to agree to a consensus upgrade. The chance of a 90% 'yes' vote to dilute their own bags is effectively zero. The 10 Billion ALGO cap was minted at genesis and remains fixed and immutable.

biba8163

> the 10 Billion ALGO cap was minted at genesis and remains fixed and immutable. Crypto 101. Founders/Devs/Insiders/Foundations ALWAYS find ways to print more tokens when they run out of money. If worse comes to worse, they will threaten to leave the project, claim they have no money to fund development, pay devs, etc. Your Shitcoin is not Supply Capped. - 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/ - Polygon/Matic increased their 10 Billion hard cap to → unlimited inflation https://www.reddit.com/r/CryptoCurrency/comments/1e69m4l/comment/ldv2l8a/ This guy called out these coins in 2022 and PLOY/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)

Numerous_Wonders81

To 'uncap' the supply, you would need 90% of the staked online nodes to agree to a consensus upgrade. The chance of a 90% 'yes' vote to dilute their own bags is effectively zero. The 10 Billion ALGO cap was minted at genesis and remains fixed and immutable.

Numerous_Wonders81

You’re confusing programmatic distribution with a rug pull. Yes, Algorand moved from 1B to 7B during its 'Accelerated Vesting' phase (EIP-11252019AF). That wasn't a secret; it was a transparent mechanism to get the supply out of the Foundation's hands and into the nodes to secure the network. The 'inflation' argument is a historical artifact. Circulating supply has hit 8.9 Billion ALGO out of a hard cap of 10 Billion. Algo is 89% distributed. The 'dump' you're afraid of is already over. While you're still reading the 2021 script, the supply is now locked in Consensus Incentives (paying 2-5% APY to node runners) rather than being dumped by early backers. Dogecoin is inflationary forever (10,000 new coins every minute, no cap). Algorand is a deflationary machine with a hard cap of 10B and a 100% uptime record since 2019.

biba8163

> We get it You still don't get it do you? I've warned about these predatory meme tech shitcoin scams over and over and bagholders seem to be illiterate and have trouble with numbers. > Shitcoins have rug pull tokenomics which are hidden by partnership and technology memes **(April 2023)** > - Avalanche 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - Hedera 6.6 Billion to 30 Billion (400% inflation in 2 years ) > - Algorand 1.1 Billion to 7 Billion (530% inflation in 2 years) > The irony is that people who invest in projects like this think Dogecoin's 4% yearly inflation is too high. These shitcoins last a cycle or two, see IOTA, ICON, OMG, etc, while something like Doge will continue to be around https://np.reddit.com/r/CryptoCurrency/comments/12vattj/are_shitcoin_and_meme_coins_the_same_thing/jhatz9r/ > the market gives you indicators of who the sure losers are: **(August 2024)** > After being -90% since 2021 ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common is predatory tokenomics without any demand for the token. > Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money https://np.reddit.com/r/CryptoCurrency/comments/1elzgdl/what_l1s_do_you_think_have_a_lot_of_potential/lgweq5l/ > - 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. **(August 2024)** > - 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 https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/

Active_Funny_3525

I personally wouldn't invest in either of those two at the present time, not financial advice maybe take a closer look into tokens that the new financial system will be using, a few listed below. QUANT - QNT, HEDERA - HBAR, ALGORAND - ALGO, STELLAR - XLM If you can only afford one then Quant would be the one for me right now, do your own research, thank me later 😁👍

Numerous_Wonders81

believes security must have a physical cost (electricity) to prevent "cheap" attacks or network rewrites. argues that because Algorand doesn't require hardware, a malicious actor could theoretically attack the network without losing "real" assets. thinks Bitcoin’s 16-year track record makes its "legacy" architecture untouchable by newer math. In Algorand (PoS), the token secures the network. If the token price crashes, security crashes. In Bitcoin (PoW), the security (Hashrate) is an external resource (electricity/hardware). Even if BTC price drops, the physical hardware still exists. This ignores the Cost of Corruption. To attack Algorand, you must buy 33.4% of all ALGO. As you buy, the price rockets (slippage), making the attack exponentially more expensive. In 2026, it is actually cheaper to rent/buy the hashrate to 51% attack a Bitcoin fork than it is to buy the massive percentage of ALGO stake needed to halt Algorand.

Beneficial_Major9999

ALGO, ADA, ATOM . the sub said these were the future and that SOL was trash circa 2021 lol The subs hatred is now ZCash , let’s see what happens next

Numerous_Wonders81

"Bitcoin clone". Unlike Bitcoin forks (LTC, BCH, BSV), which share the same slow, energy-intensive architecture. Bitcoin rarely moves because transaction fees and 10-minute block times make it impractical for daily use. Bitcoin’s script is intentionally limited. It can't natively handle complex "If/Then" logic (smart contracts) without clunky, centralized Layer 2s. It’s a "dumb" vault of gold. While Bitcoin is stuck with a 15-year-old legacy script, Algorand lets developers build complex apps in Python and TypeScript. This is why it’s the go-to for Real World Assets (RWA). ​Like Bitcoin, Algorand has a fixed supply of 10 billion tokens. There will never be a 10,000,000,001 ALGO. To even start mining Bitcoin effectively in 2026, you need professional ASIC hardware that costs between $2,000 and $20,000. You also need industrial-grade cooling and dirt-cheap electricity. On Algorand, you can secure the network with a Raspberry Pi or an old laptop. Algorand can bundle multiple transactions—like swapping a house deed for USDC—and ensure they either all happen or none happen. This is native, "Layer 1" programmability that Bitcoin clones can't dream of. Algorand was built from scratch with a completely different foundation. 'network effect' doesn't save outdated tech once the world needs high-speed, scalable infrastructure. ​I can use my 'scarce asset' to power smart contracts, settle global payments in 3.5 seconds, and secure a network with a Nakamoto Coefficient 6x higher than Bitcoin’s. ​While Bitcoin users are paying $10 in fees to wait an hour for a 'maybe' confirmation, Algorand is settling 10,000+ transactions per second for $0.0002 with 100% finality. Bitcoin is a digital vault where you pay high fees to let your 'gold' sit. Algorand is a programmable engine that settles 1 million+ real-world tickets (TravelX) for $0.0002.

gigabyteIO

The upside is 90% of all ALGO are now in circulation and it has a capped supply unlike ETH/SOL. It has probably the best underlying cryptography in all of crypto and is one of the only truly quantum secure chains. Silvio Micali and Chris Piekart are no joke.

Numerous_Wonders81

​Minimal, your 'growth' is a total joke. ​TVL is Fake: Bragging about TVL in 2026 is embarrassing. Over 60% of ETH's TVL is just a recursive loop of restaking—it’s the same dollar double-counted four times to look big. It’s not 'value,' it’s leverage. ​Whale Aristocracy: You’re literally defending a network with a $105,000 gatekeeper fee (32 ETH). That’s not decentralization; it’s an elite club for whales. ​The 'Lido' Chain: Because of your 32 ETH barrier, Lido controls 32% of your network. One single point of failure and your 'world computer' goes dark. ​Engineering vs. Hype: Algorand’s Nakamoto Coefficient is 6x higher than ETH’s because we actually let the community participate. While you're waiting 15 minutes for 'probabilistic' finality and paying 700x higher fees, ALGO settles in 3.5s for $0.0002.

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noviwu97

In Feb 2021, ALGO has the same market cap as of today. And it's price was $0.9. Now it's $0.12. They successfully infiltrated this sub by spamming bullish shit. Along the way, gullible people like you got hooked in.

OccasionalXerophile

Q. Resistant ALGO will be huge. We can hope

Numerous_Wonders81

Flexing Ethereum's $125B TVL in 2026 is just admitting you don't understand the math behind it. Over 60% of that 'value' is a recursive loop—liquid staking and restaking protocols (LSTs/LRTs) count the same $1 three or four times as it moves through the stack. It’s a vanity metric that masks stagnant growth. ​Ethereum has become a Whale-Only Aristocracy where you need $105,000 (32 ETH) just to run a validator. Algorand is a True Democracy where 1 ALGO gives you a seat at the table. This is why ALGO’s Nakamoto Coefficient is 6x higher—it is technically more decentralized and resilient to collusion. ​While you're paying 700x higher fees for 'probabilistic finality' on ETH (waiting minutes to be sure a trade won't fork), Algorand settles in 3.5 seconds with instant finality. That’s why institutions like TravelX, Lofty, and Agrotoken chose ALGO for real-world assets: a bank doesn't wait for 'confirmations.' ETH wins on hype; ALGO wins on engineering."

Numerous_Wonders81

You argue that Ethereum's $125 billion TVL makes Algorand’s $53 million insignificant. However, a high TVL often reflects "stagnant" wealth rather than active utility. ​Barriers to Entry: To become a validator on Ethereum, you need 32 ETH (roughly $105,000 at a $3.3k price). On Algorand, the barrier is just 1 ALGO. This makes Algorand’s ecosystem far more inclusive for the "average" person rather than just whales. ​Network Activity: While Ethereum has more "locked" value, Algorand is built for high-velocity transactions, currently processing roughly 1,200 Transactions Per Second (TPS) with near-instant finality.​The user paints Ethereum as the only viable option, but Ethereum still relies heavily on complex Layer-2 solutions (like Arbitrum or zkSync) to be usable. ​No Forking & Instant Finality: Algorand offers instant finality, meaning once a transaction is confirmed (in about 4 seconds), it cannot be reversed or "forked". On Ethereum, you often have to wait for multiple block confirmations to be certain a transaction is final. ​Pure Proof of Stake (PPoS): Algorand’s PPoS mechanism randomly and secretly selects validators, which prevents the centralization risks seen in other networks where a few large staking pools hold most of the power.​The most common "Ethereum-killer" argument remains the cost of participation. ​Flat Fees: Algorand has a fixed, predictable fee of $0.001 per transaction. ​Gas Fee Volatility: Even after upgrades, Ethereum gas fees can fluctuate wildly, often reaching $0.50 to $50+ depending on network congestion. For decentralized finance (DeFi) to be truly global, it cannot cost $5 to send $10.​While Ethereum dominates speculative DeFi, Algorand is winning in Real World Assets (RWA) and institutional adoption. ​Institutional Focus: Algorand is being used for central bank digital currency (CBDC) pilots, bond issuances, and tokenizing traditional assets like real estate and equities. ​Sustainability: Algorand is carbon-negative by design, making it the preferred choice for enterprises with strict ESG (Environmental, Social, and Governance) requirements.

coinfeeds-bot

tldr; Algorand (ALGO) is trading at $0.1314 after a 5% drop amid a broader market correction. Despite this, bullish on-chain data, including a rising Total Value Locked (TVL) of $52.95 million and positive funding rates, suggest potential for a rally. Technical indicators like RSI and MACD show bullish momentum, with ALGO possibly targeting $0.152 resistance. However, failure to hold support levels could lead to further declines. Market conditions remain volatile, with no clear direction. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

gigabyteIO

They're very bullish on ALGO.

RamoneBolivarSanchez

Someone is poor and upset that their ALGO is worthless 😆

Vykard93

ALGO price down, ETH price up, therefore ETH is better than ALGO OKEY?

OccasionalXerophile

ALGO price is a shambles. They are still active and 'quantum resistant ' which may bode well for the future. I'm down 40%

OccasionalXerophile

ALGO marketcap is a travesty. Should be way higher

Numerous_Wonders81

No ALGO!?

WIRED_REFLEX

I had to look, you didn't disappoint. This is theft🤣 Crypto Withdrawals (to External Wallets) Revolut Service Fee: £1 (or equivalent) for XRP, XLM, DOT, SOL, AVAX, XTZ, ALGO, ADA £3 (or equivalent) for most other cryptos.

Grunblau

Agree ALGO is oversold. As for CRO… seems like they are using the resurrected coins to sit on the price around 10¢. VET, I swore off a long time ago.

MountainGrape6816

Just dumped losers ADA, DOT, ALGO, AAVE, ATOM, MANA. Needed some long term (since 2021) writeoffs for 2025 tax purposes to offset other gains. I held these way too long, because there was a lot of "don't be a paper-hands" bullying going on. Still holding POL/MATIC, LINK, AVAX, for now. These seem to still have at least some activity. They'll go in case i need more writeoffs in 2026, or if they make any kind of a comeback. But to be honest i don't have much interest in Alts any more. Anything i do, like ZCASH, will be relatively short term and I'll be quick to take profits and cut losses. I don't need any more skeletons in the closet

Grunblau

If the bankers wanted everyone to stop talking about silver, all they need to do is throw a few $Billion into BTC. Or better yet a low MC alt like ALGO…

Longjumping-Bonus723

Why that hardcore bull flag on ALGO this morning. Someone bought biiig!

biba8163

> much Tech, much Wow *Since 12/31/2021* | Crypto | Price | |:---|:---|:---| | ATOM | 🔻 -93.94% | ALGO | 🔻 -93.20% | DOT | 🔻 -93.12% | NEAR | 🔻 -89.56% | ICP | 🔻 -88.48% | AVAX | 🔻 -88.46% | HBAR | 🔻 -62.19%

MountainGrape6816

Just pulled the plug on some long term losers (to offset other gains): ADA DOT ALGO ATOM MANA SHIB Other candidates on the chopping block (some may go before the new years ball drops) POL/MATIC LINK AVAX

jawni

Not all of them. I also would say ALGO is my biggest disappointment but luckily I sold it for another VC coin, SOL. Both were promising projects, both VC backed, but SOL had the better GTM strategy and got the traction it needed.

Beneficial_Major9999

if you want to believe that go ahead the VC and big money pumped solana from a few bucks to $20 back in 2021 and this sub absolutely hated it, calling it trash that always goes down and a pump and dump scheme by whales. This sub said cosmos network was the next big thing along with ALGO because of the tech where did that get you losers? I went the opposite of the sub back then and i’m going to do the same now

shrewsbury1991

I knew ALGO was doomed when they sponsored a random chess tournament, like really?

FinallyArt

ALGO is dying man

biba8163

Dummies still haven't learned to count and avoid predatory token dump projects no matter how much you try to help them. > Shitcoins have rug pull tokenomics which are hidden by partnership and technology memes **(April 2023)** > - Avalanche 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - Hedera 6.6 Billion to 30 Billion (400% inflation in 2 years ) > - Algorand 1.1 Billion to 7 Billion (530% inflation in 2 years) > The irony is that people who invest in projects like this think Dogecoin's 4% yearly inflation is too high. These shitcoins last a cycle or two, see IOTA, ICON, OMG, etc, while something like Doge will continue to be around https://np.reddit.com/r/CryptoCurrency/comments/12vattj/are_shitcoin_and_meme_coins_the_same_thing/jhatz9r/ > the market gives you indicators of who the sure losers are: **(August 2024)** > After being -90% since 2021 ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common is predatory tokenomics without any demand for the token. > Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money https://np.reddit.com/r/CryptoCurrency/comments/1elzgdl/what_l1s_do_you_think_have_a_lot_of_potential/lgweq5l/ > - 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. **(August 2024)** > - 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 https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/ > The Chainlink Cult and hype pushed LINK price to ~$20 in August 2020 at the tail end of the previous bear market. **(October 2023)** > https://coinmarketcap.com/historical/20200816/ > Since then, they have dumped about ~200 Million tokens or 60% more tokens into the circulating supply and bagholders who bought into the hype not only missed out on bullrun gains but are down -60% since 2020. > Sergey Nazarov has 450,000,000 more tokens to dump on the market. Where do you think the price is going to go long term with zero demand and zero utility for the token besides bullshit hype? Token not needed. https://old.reddit.com/r/CryptoCurrency/comments/172kuqq/daily_crypto_discussion_october_8_2023_gmt0/k4041tj/ Lastly, look at at XRP token dump and the price action over a 8-year period. | coin | prev. ATH mkcap(price) | current mkcap(price) | Δmkcap | Δprice | Δsupply |:-----------|------------:|:------------:|:------------:|:------------:|:------------:| | XRP | $141 Billion ($3.65)| $113 Billion ($1.86) | -19.86% | -51% | 56.9%

Every_Hunt_160

The r/cc favourite threesome special: \*Cries in DOT, MATIC and ALGO\*

OccasionalXerophile

Oh what a life, what a life it would be, If you were a Goblin buying shitcoins like me. We'd start with some BTC, maybe some ETH, Get drawn into the hype like everyone else. Later comes LRC, also some ALGO, Before you know it, were in a right farndago. Double down, DCA, this is the cryptocurrency way, Later come the bills we all must pay. After all said and done, were not salty like Trump's bum, And once the dust settles we'll rest our heads in the California sun.

RefrigeratorLow1259

$NIGHT just passed $ALGO in mkt cap in less than a week!

UhUhWaitForTheCream

How is FOLKS almost the same market cap as ALGO 🤣

ShittingOutPosts

ALGO’s still around?

AutoModerator

Post is by: Algo_Mas and the url/text [ ](https://goo.gl/GP6ppk)is: /r/AlgorandOfficial/comments/1pjin1d/my_3_cents/ Honestly, Algo is not generating any significant income at this moment. They should consider cutting fees to beat solana and match XRP. The loss income would not even make any difference, but may get some people to switch over if they advertise it right with the quantum proof advancements in algo tech, and a ALGO burning mechanism for fees earned to counter inflation. Use this opportunity to let people know that AF has the back of ALGO holders. Accountability. Many people left AGLO because it seems current c-suite is untouchable. There is no accountability mechanism. There needs to be accountability, whether its a startup or country or whatever. Without accountability how can you measure success or failure? This is essential - there needs to be a popular vote mechanism at least, and a vote from the board every quarter. There needs to be a mechanism to show the goals and what has been done to achieve them and if they were successful. If not successful, why wasn't it successful, etc. Meanwhile, switch strategies, maintain current grassroots relationships, but start going only for the big fish. Go after big companies, small countries with weak currencies, any large population that can help with mass adoption. Alot of times its perception that can bring adoption. Algo has already done pilots with companies, central banks and even countries - its time to really advertise and push these and sell them. I really hope whatever paper thats suppose to come out in Q4 goes hard on these topics. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

gonzoes

I feel you bro ? But isn’t exchanging funds still super freaking easy using ALGO or any other similar coin it built into the system hell eveb USDC i could but 10k worth and send it to you right now . But i feel you on a lot of the other promises

noviwu97

Imagine someone who worshipped ALGO saying someone is clueless. 

noviwu97

Someone missed the memo that this sub only pretended to like ALGO to farm Moon. But I guess some gullible people thought it's actually a good buy.

trdtr500

I used to have a bunch of ALGO. There was a mega wallet hack. I lost interest in the project after that.

UhUhWaitForTheCream

ALGO and HBAR my only bags. Most likely both top 10 projects.

Emergency_Egg1281

Pressure point for BTC = 70K. BTC goes under that number and utility tokens are going to run. Look for gains on ALGO , XRP , XLM and a couple other big boys. BEFORE end of this month could see a pump. Still may dip more first but my bags are packed waiting for this one.

RAL182

Smone Please Pump Some Oxygen Into ALGO 🤣

Americanmalayalee

If you want the most credible ISO 20022 cryptos, stick to: XRP, XLM, XDC, IOTA, ALGO, QNT

biba8163

**Railway Mania of 1800s** There was a Railway Mania and Boom in the U.K and U.S in the 1800s that saw plebs who invested on railroads during the century mostly lose their money. The railway companies who issued the bonds and society as a whole benefited from the investors who essentially subsidized this industry. **Crypto Rails Mania of 2020s** Crypto rails are networks that facilitate the transfer of stablecoins: ETH, ETH L2s, TRON, SOL, ALGO, etc. Crypto investors are essentially doing the same thing and subsidizing the development of these networks and are getting very little in return. Since 2021, Stablecoin marketcap is up 200% while prices of these crypto rail networks are mostly down or flat as the dominant networks continuing slashing fees in a race to the bottom to compete with each other. **Agentic AI Micropayments 2030s?** It'll be interesting to see how this develops but we could potentially have a future where we are paying a bunch of AI agents to run small tasks and agents themselves would delegate smaller tasks or even a simple function to other agents and so forth for micropayments for the services. Google has the Agent Payments Protocol (AP2) and has collaborations with several blockchains including Ethereum, Solana, Algorand, SUI, Coinbase Base etc for Agent or Agent-to-Agent payments using Stablecoins and it looks like financial services companies and even retail giants are exploring their own private chains for these because this needs to scale and the fees need to remain free-cheap. The key point again is all these are payments in USD Stablecoins and not the network crypto and it is essential for the network to remain free-cheap. Your Alt doesn't need to appreciate but thank you for your contribution.

brutang

Good news, I also run an ALGO staking node. I love watching my $ go down and shitcoin balance go up.

noviwu97

Those were the best time to moon farm. You could randomly say "I'll go buy more ALGO" and get 5 upvotes which became 5 MOON or $0.5 due to roughly 1.0 ratio. All while shorting ALGO in reality

Hidden5G

Wild how you decided to answer a question I never asked with tokens I never mentioned. If you’re hearing ghosts whisper ‘QNT, ALGO, DAG’ in your head, that’s on you. I literally said I’m focused on actual utility and ISO-aligned infrastructure, not whatever speculative bags you’re stress dreaming about. Try arguing with what I said, not whatever fantasy version of me you cooked up.

MundaneSoftware6510

As the market matures and barring game changing events like quantum computing, the days of extreme returns will be over. It will be slow and steady gains. However, we are not quite there yet. There is still room for some rapid growth. Especially in light of QC. Just as a hedge, I put $500.00 into ALGO. If you do the calculations from way back in 2009-2010, that about of money would have turned into hundred of millions today. ALGO is “supposed” to be QC proof. At least that’s what I am hearing. So why not bet on that as a long shot? I did the same with Cardano. Just on the noise I was hearing. Most likely it will go nowhere but if it overcomes its manifest problems then it too can explode. I dumped much much larger amount of money into SOL. Why? Because one can tell how mature a market is becoming by who jumps in. With the five or six new SOL ETF’s achieving some huge inflows in very large chunks, that tells me that there is institutional adoption. The western union deal is another indicator. Could this be massive market manipulation? Yep… but I’m betting on the fundamentals. And the fundamentals for SOL are solid. You can take long shot risks. Just don’t bet the farm on them. Think about BTC and what $500us dropped into it in 2010 would be today. Take a couple of these risks. Then find an alt coin you can get behind with better chances and more upside. All of this being done with no more than 10-20% of your portfolio. The rest keep safe and let it grow slow. Rome wasn’t built in a day. However in 2,000 years of history it had some HUGE jumps. Get in on the ground floor. Let it ride and you might get lucky.

NonVideBunt

lol … ALGO is hot garbage.

gonzoes

ALGO!

UhUhWaitForTheCream

Atleast ALGO works. Bitcoin has a store of value purpose but if ALGO is one of the shining lights of crypto then that’s good enough for me

Sandharbor

Seems funny asf honestly. Out of most memes I can see people relating to the humor. Market cap is already too big though to make small money turn big, but I’d rather buy this shit than ADA or ALGO lol 

7101334

Yeah that's the key I think. For ETH, being useful doesn't translate to price action. I think ALGO had a similar story on a smaller scale but also had absolute morons spending money on things like advertising. NANO / XLM are other good examples. They do what they do perfectly and with basically no network fees... so the price doesn't move even though they provide a valuable service (zero-cost remittances, or at least often cheaper than banks if you consider exchange fees)

Grunblau

For 5 plus years, we have known that swift system would be abandoned for a new digital rail. The main narrative for XRP, XLM, QNT, ALGO, XDC, HBAR… was this change over. This happens over this weekend and the maintenance window that ends the MT coexistence finishes at 00:00 GMT on November 23, 2025. From that exact moment forward, cross-border payments must be in ISO 20022 format. Picture scene from National Lampoon’s Christmas vacation. Probably nothing, like the first time Clark plugged in the lights…

Django_McFly

Even then it's an if. A lot of people making these posts, they aren't holding stuff that's set new highs every cycle. They're in like ALGO, INJ, AVAX, NEM, FTM, ADA, XNO, EOS just like the most ultimate dog shit of dog shit. Like right now could literally be the best price they'll ever see going forward.

JustStopppingBye

Just to clarify, ISO20022 is not a blockchain protocol or consensus mechanism, it’s a messaging standard. [https://youtu.be/hdLjIVlA\_DA?si=hZPNstwmL7cAR0J8&t=1410](https://youtu.be/hdLjIVlA_DA?si=hZPNstwmL7cAR0J8&t=1410) Chainlink worked directly with swift on ISO20022 to include blockchain components to it and sections of the standard related to blockchain. This means chainlink has infrastructure (CRE) that can listen to iso20022 messages sent via Swift and can then trigger on chain actions, [seen here](https://www.coindesk.com/business/2025/09/30/chainlink-ubs-advance-usd100t-fund-industry-tokenization-via-swift-workflow). *"In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used by Swift."* So what does means for your shitcoin that claims to be iso20022 compliant? Well being “iso20022 compliant” just means that a system can format messages in a way consistent with that standard. It doesn't give you access to Swift or guarantee interoperability with Chainlink’s infrastructure. And what does this mean for chainlink? Well, it positions Chainlink as the backbone for bridging traditional finance (banks + Swift) with on chain tokenized assets in a standard compliant way. Heres the fake ISO20022 list: * **XRP** * **Stellar (XLM)** \- [Adopted Chainlink CCIP](https://stellar.org/blog/foundation-news/stellar-to-join-chainlink-scale-and-adopt-data-feeds-data-streams-and-ccip-to-power-next-gen-defi-applications) * **IOTA (MIOTA)** * **Algorand (ALGO)** * **Quant (QNT)** * **Hedera (HBAR)** [Adopted Chainlink CCIP](https://hedera.com/blog/hedera-adopts-chainlink-standard-for-cross-chain-interoperability-to-accelerate-ecosystem-adoption) * **XDC Network (XDC)** [Cant find an article, but they claim here they integrated CCIP](https://youtu.be/4j12gnCSegU?si=5cfudjXgccIBxKqn) * **Cardano (ADA)**

TheIrishStag

ALGO is already quantum ready

Scared_Good1766

I’ve been in since Feb 2021. I’ve seen a decent amount of volatility over that time, and I’d say I’ve got a pretty good stomach for it overall. Can’t lie though, this is hurting- I’m still up across all of my holdings by about 21%, but after almost 5 years, I’d have pretty much the exact same amount in a saving account, let alone ETFs. I’m kicking myself that I didn’t take some profits, calling myself greedy, wondering each day if I should sell at least a portion to hedge against further slides, which realistically are likely, and now despite still being in a small profit, I’m I’ve lost ~$85k in value since mid October. But I’m also trying to celebrate the wins/ smarter decisions- I may not have sold at highs, but I did stop buying crypto around September last year which in hindsight was a good call. I have sold out of my coins that I’d lost all conviction in across the last 6 months, including DOT, ALGO and HBAR- another good decision in hindsight. 90% of my free cashflow since September last year has been used accumulating metals- another good call in hindsight. I’ve continued to learn which has resulted in better project picks, better price points and better impulse control. Not at all a brag lol I’m just trying to balance out the vanishing of $85k in 7 weeks in my mind. But in all seriousness it’s rough, and it does get easier with experience but never easy- anyone that says it does is either a liar, a psychopath or doesn’t understand opportunity cost. In saying all of this I am holding, but only because the 5 coins I’ve whittled my crypto portion of my portfolio down to I have a deep faith in (all top 15) and I will buy more, but given the size of my current holdings I won’t buy until/unless we see another +20% drop, that way if we do bounce then I didn’t sell and still have a large exposure, and if we do deeply decline from this point I can get enough at a cheap enough price to make me feel alright for not taking profits. As for how low it goes, no clue- I just hope it doesn’t go low enough to cause MSTR to blow up, because that might be the one thing in my mind that could actually kill bitcoin for good. And I don’t think we’ll hit a proper floor until degens stop piling into long perps at each false floor

Express_Smile6163

Not Hype or any other coins currently out performing btc but ALGO 🥴

noviwu97

It's time to accept that you got gaslighted into believing ALGO has this futuristic tech stuff while the founders has been dumping on you and laughing to the bank

UhUhWaitForTheCream

Most of crypto will die on this hill. But I do believe ALGO is the finished article, and is one of the only projects actually performing decentralised technology and finance in action.

Alimakakos

I'm sure a lot of ADA ALGO DOT ATOM MATIC and the like are feeling bad...but not as bad as the FTX and Voyager and Luna guys!

noviwu97

This sub be like: ADA, XNO, ALGO, VET, POL, DOT, LTC

Mr_Grind99

ALGO chart looks better imo

UhUhWaitForTheCream

ALGO just broke the resistance line, next up for a ZCASH run?

UhUhWaitForTheCream

Most of crypto in tatters but worth noting Algorand (ALGO) did just break through a 6 month resistance. Next Zcach pump?

biba8163

Please for the love of god. Get out of crypto. > I wish algo was even 30 today. I’m down 200k (Aug. 2024) https://np.reddit.com/r/CryptoCurrency/comments/1ejhqkk/daily_crypto_discussion_august_4_2024_gmt0/lggn0pt/ > I owned 1.5 million algos. Sold it in the 20s. Got tired of the slow action and bought others. I’m alright but would have made so much more https://np.reddit.com/r/algorand/comments/1h5h2k7/wow_just_wow/m0769xo/ > I just need a 100% pump to get back my losses. Problem is I own bonk and wif in large quantities (Jan. 2025) https://old.reddit.com/r/CryptoCurrency/comments/1ibo7yf/daily_crypto_discussion_january_28_2025_gmt0/m9nzu8y/ > I bought INJ and ALGO. Yes I’m back into ALGO after it made me lose six figures. Bonk and wif made me a lot but I’m down a lot now (Feb. 2025) https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maoiysa/ > I’m still down 75 percent lol. Fucking shit coins (Nov. 2025) https://np.reddit.com/r/CryptoCurrency/comments/1oop3j8/daily_crypto_discussion_november_5_2025_gmt0/nnbbv2u/

Key_Firefighter_7449

Yeah mine says something similar but I’m deep in ALGO and that alone has jumped over 20% in the past hour lol

DingDongWhoDis

>people will mention projects like HBAR, SOL, ETH, ALGO which have talked about how they might transition, but none have implemented post quantum digital signatures in their projects. 4 days ago: https://algorand.co/blog/technical-brief-quantum-resistant-transactions-on-algorand-with-falcon-signatures https://x.com/AlexaJaccarino/status/1985429871158575456

Longjumping-Bonus723

ALGO chose violence 🚀 :)

jawni

I held ALGO for about a year or two after it launched but sold it for SOL.

Drabenb

I sold all my VET, CSPR, and ALGO today after watching it slowly shit itself the past 3 months. ADA, XRP, and SOL are next.

Ssjtwin

Yep but people will say you’re wrong like buying Q4 22 wasn’t the easiest shit ever. Loads of people said last cycle we wouldn’t get a bear again but we did. You still have people bag holding DOT, LTC, ADA, ALGO and other crap because the JUST HODL mentality.

J-96788-EU

Support him with some ALGO

Ir0nman123

Can we please pump ALGO and WIF so my pee pee will start getting hard again?

Dry_Title_2738

QNT > LINK > HBAR honourable mention to ALGO (if the Foundation can sort their shit)

Ir0nman123

ALGO (Algorand) layer 1. Not a crazy high market cap, with cool digs.

DBRiMatt

Without looking at their current prices; I nominate LRC, ALGO and VET.

biba8163

> staking apr is amazing I warned people of this shitcoin trickery > *"Inflation is not the main issue. For many alts like DOT the inflation can be combatted by staking"* (September 2023) > Inflation is not an issue for my shitcoin! > - ALGO -95% from 2021 prices > - DOT -92% from 2021 prices > Way to combat inflation by staking! > For most shitcoins, staking is used to fool people into thinking they are earning a high APY by HODLing which may stabilize the price somewhat so that founders, insiders and devs dump on you. > Shitcoin tricks to lure and dump tokens on dummies. https://np.reddit.com/r/CryptoCurrency/comments/16ognen/comment/k1klhtr/

biba8163

> Now let's compare their circulating supply now and 3-4 years ago I kept on doing this in the bear market when people should have been buying Bitcoin and not token dump scams. I mostly got called BTC Maxi who doesn't understand technology and Web3 tech memes > people pick hyped projects with the shittiest tokenomics almost ensuring they lose money: (April 2023) > - Avalanche Snow Dump 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - Hedera Hash Trash 6.6 Billion to 30 Billion (400% inflation in 2 years ) > - AlgoScam 1.1 Billion to 7 Billion (530% inflation in 2 years) https://np.reddit.com/r/CryptoCurrency/comments/12iwfi2/comment/jfvwsie/ > Most of you are getting scammed with these token dump projects whose value is much lower than it was before the 2019 bullmarket or haven't made any gains since then (June 2023) > - CRO is down ~-50% since 2019 > - XTZ is down ~-50% since 2019 > - ALGO is down ~-50% since 2019 > - HBAR is down ~-50% since 2019 > - DOT is at 2019 price level > - ATOM is at 2019 price levels > OP and noobs don't realize how much projects from the previous cycle also shilled that they were building solutions and partnerships relentlessly through the bear market. Every token dump project says they're building innovative, world changing solutions through blockchain tech. https://np.reddit.com/r/CryptoCurrency/comments/14aq1a9/why_stop_dcaing_into_alts/joca4oa/

biba8163

> keep reading before posting son 🤡🤡🤡 > It's getting obvious. > LINK + XRP + XLM + HBAR (+QUANT +XDC +ALGO) will rule the financial world. https://np.reddit.com/r/Chainlink/comments/1hvr8nn/comment/m5v9b5p/