ALGO

OccasionalXerophile

umm ALGO

Mr_Stimmers

My 2021 run alt coins are strictly for tax loss harvesting now. VET, DOT, ALGO, ADA… I doubt think they’re ever coming back to those levels.

TheRealCRex

Same. Buy ALGO lol

Rare_Rich6713

Yet Google said it’s 3 years away. Props to chains like ALGO and QAN for developing quantum-resistant chains already. My question is how easy will it be for BTC to migrate.

BriefWay4604

I had 35-50 coins from 2017-2023. Most of it was XRP though. Now I’m more focussed on a few projects and moved a lot of my holdings into Stocks. Holdings are now (with BTC 40% of my portfolio): BTC, Doge, KAS, ALGO, LINK, HBAR, XRP and Shib.

Grunblau

If Clarity passes without stablecoin yield, then there is more of a case for alts as a way to seek a return on your money. If there was yield for stablecoins, then there would be less of a reason for anyone to venture into DeFi. I have hopes that AVAX and ALGO will continue to develop together. I also hope that BTC will gain more adoption as a collateral asset after credit blows up in everyone’s face and no one will be able to get unsecured loans.

RichEntertainer1669

ALGO was just listed on Robinhood.

Mysterious_Sleep7443

Absolutely Me too Along with ALGO and XLM

noviwu97

Just praising ALGO will net you at least 5 upvotes. I kept repeating it while shorting ALGO back in 2022-2023. If anyone bought ALGO because they kept seeing praises in this sub, my apologies for being part of that.

Grunblau

Chart should be ❌ or ☑️ seems a bit too easy to draw the line anywhere that puts SOL on the “borderline.” We all have our bags, but two of the best chains are always left out of these comparisons. AVAX and ALGO. I do believe that Algorand would likely NOT pass all 5 because of the leadership structure and although ALGO is almost 89% distributed, I do not know how concentrated it is. I wonder if that is why the AF is holding off on releasing the King Safety paper… might need some quick restructuring of a treasury or token release to qualify.

FitSeaworthiness9574

I like ALGO way more than ADA tbh. I also think that with its fundamentals and current market cap it has a pretty decent upside potential if a bit more risk.

Ill_Cable4907

Meanwhile, ALGO/QAN has some noteworthy deployments, but its adoption and liquidity remain limited. A small position could be used to hedge against quantum resistance projects

Rare_Rich6713

A little bit out of context, Just Wondering why most people are not talking about the potential quantum threat. Focus needs to be on quantum-resistant chains like QAN, ALGO, and the like. Also, all this narrative won't exist if BTC doesn't upgrade fast.

Grunblau

“Grandma… trust me, it usually goes through the first time, but some times, on Solana, you just have to try again…” I don’t care if it is AVAX, ALGO, ICP or even XLM. Some competent chain needs to start dominating some of these real world projects so people don’t have to experience the worst chain because it has fake liquidity. BTW… current fees make it cheaper to use PayPal. How do you F’ that up?

FitnessBlitz

You have the only post here that shows the positive side. I'll probably get some hate but, even if XRP is a shilled worthless coin, when 95% of reddit starts hating on a specific coin and warns not to buy. That coin's price goes up and makes some people a lot of money. I've seen this happen so often since 2018. The clin that redditors love the most in that moment (except Btc) will go to shit (ADA, LRC, NANO, ALGO)

biba8163

> buying 100 percent circulating supply now You must be brand new to crypto. This isn't going to help you from Founders/Devs/Insiders/Foundations. These scammers will print more tokens when they run out of money and if they don't have any money they will abandon the project. - 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% 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." After this they unburned 70 Billion CRO. https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ https://np.reddit.com/r/CryptoCurrency/comments/1jduxe3/cryptocom_forces_through_controversial_vote_to/mif63cr/ - 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 saying at these dates these projects will be forced to increased their circulating supply. MATIC, FTM already increased their supply. Bagholders of ALGO, AVAX, HBAR, etc will learn soon enough how crypto works. > - 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)

kirtash93

Buy ALGO sir /S

AutoModerator

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Grunblau

ALGO is about to hit the supply cap. Accelerated vesting gutted early adopters, but it is arguably the best tech and most undervalued L1.

biba8163

Performance of token dump meme coins with tech narratives. - Hedera Hash Trash (HBAR) was $0.27 FIVE years ago in April 23, 2021 and today is 1/3 of its value half a decade later. - ScamLINK (LINK) was $35 FIVE years ago in April 23, 2021 and today is 1/3 of its value half a decade later. - AlgoScam (ALGO) was $1.16 FIVE years ago in April 21, 2021 and today is 1/10 of its value half a decade later. - PolkaDump (DOT) was $32 FIVE years ago in April 21, 2021 and today is 1/25 of its value half a decade later. https://coinmarketcap.com/historical/20210420/

biba8163

Performance of token dump meme coins with tech narratives. - Hedera Hash Trash (HBAR) was $0.27 FIVE years ago in April 23, 2021 and today is 1/3 of its value half a decade later. - ScamLINK (LINK) was $35 FIVE years ago in April 23, 2021 and today is 1/3 of its value half a decade later. - AlgoScam (ALGO) was $1.16 FIVE years ago in April 21, 2021 and today is 1/10 of its value half a decade later. - PolkaDump (DOT) was $32 FIVE years ago in April 21, 2021 and today is 1/25 of its value half a decade later. https://coinmarketcap.com/historical/20210420/

RedWhiteandBlueVenom

Algorand price volume is not being accurately reflected on coinbase or tradingview in real time. I made a purchase of a few hundred thousand Algo all in one order. The volume did not change. This was done overnight when volume was low. I took screenshots of tradingview. Something fishy with coinbase and ALGO.

Rare_Rich6713

Same here with ALGO and DOT, I wish I dumped it all for BTC.

pinkohondo

I bought some cheap seats. VTHO, SUI, and ALGO.

Arent_me

$ALGO fam tho whole way thru

OccasionalXerophile

ALGO gonna pop

Real_Bridge_5440

HBAR and ALGO. Sol also

FeralFancyBop

Yeah same, quantum risk is like worry number 27 on the list right now. HBAR, ALGO, all these “quantum resistant” narratives are gonna pump hard whenever some scary headline drops though. Fun times, but I kinda doubt we’re anywhere near real-world quantum breaking Bitcoin in our lifetime.

coinfeeds-bot

tldr; Algorand (ALGO) is a decentralized blockchain network supporting secure, scalable, and efficient applications. It uses a Pure Proof-of-Stake (PPoS) consensus mechanism, requiring minimal staking of just one ALGO token for participation. The network rewards all coin holders approximately every 10 minutes, promoting decentralization. As of today, ALGO's price is $0.240433 with a 24-hour trading volume of $186,971,283. It ranks #44 on CoinMarketCap with a market cap of $2,077,984,084 and a circulating supply of 8.64 billion ALGO. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Algorand’s ALGO surged about 50% to $0.12 after a Google Quantum AI paper cited the network as a real-world example of post-quantum cryptography in blockchain. The paper heightened concerns that Bitcoin and Ethereum could face slower, more complex upgrades against future quantum threats. While Algorand is not fully quantum-safe, its live use of Falcon digital signatures, state proofs, and key rotation gave traders confidence it has a practical head start. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Acceptable-Boss8750

You sure ignored a lot of what I wrote ;) There's no slashing mechanism of 'stake' - but you can can be kicked 'offline' and knocked out of being an eligible account in consensus. You then have to pay the 'incentive eligible' fee of 2 ALGO again when going online against your part. key. So slashing only in the sense you're kicked out of the committees and no longer can receive rewards. Yes, I believe the protocol handles the trilemma better than anything I know. Which security budget issue are you referring to? Cost to participate is basically nothing. The fact that a 46 algo account proposed a block is proof it's not a whales only game like it is for Eth, Solana, Sui, etc. (with some of these being laughably insane levels of $ needed to participate). So you already have true democratization of actual consensus participation. A 2-core 8GB machine w/ 30GB SSD is all you need for a node (not storing full archival ledger) to participate in consensus and be eligible for block rewards. Between any amount of algo allowing you to participate (but 30k ago needed to be eligible for 'rewards' on blocks), and the minimal compute requirements - algorand does very well here. If you're talking about the cost to buy 'controlling' levels of stake - I'd prefer it was higher - but owning 78%+ of all 'online' algo would take a bit (and what would be required given the commitee thresholds). You'd need all that stake btw - you can't just get x% of nodes - because its random committees in all 3 steps (proposal, soft vote, cert vote). On the other hand, if you just wanted to play the spoiler instead of controller, then having enough to \*halt\* the chain becomes cheap(?) (22+%) and the incentive structure there now for things like pools means this is easier to hit. It's not possible for there to be a perfect system obviously. Given its single-block finality, Algorand prefers safety over liveness. If you can't reach committee thresholds for the soft/cert votes on proposals then it'll just keep retrying. There's no such thing as rollbacks though - ever. As for current online stake, it looks like there's 1.99b algo 'online' out of 8.89b circulating. Of the 1.99B, my understanding is the foundation has about 20% of that online stake. So are you wanting to not discuss the protocols but current ownership levels instead ? The now kind of age-old trilemma talk is a protocol discussion (to me at least.) The amount of algo held in users hands, exchanges hands, inc's hands, foundations hands, has changed numerous times over the years (and can change massively in 2.8s). I can say on any given day I don't like what X or Y holds, but that doesn't change how the protocol works.

Acceptable-Boss8750

There's no notion of pools in the protocol. Any account can be 'online' with as little as 1 ALGO (might take a while for you to get a vote in but you're there). On a node you create a participation key 'for' a particular account, with a valid round range (with the end round not being too far in the future - maybe 6 months if that). Numerous keys are generated for that range (that are switched out as it goes). The associated account then issues a transaction to 'go online' against that participation key and its various details. The participation key on that node is then able to issue votes and proposals (there are 3 primary steps per round). First step is a soft-vote on which proposal won (lowest hash), Second step is a 'certification' vote on what was agreed on in first step. Third step is wait to commit on the asynchronous step 1 and 2 assuming committee thresholds were met. Each step has completely new VRF-based committees of ALL accounts. There could be 10m online accounts all able to participate in consensus and due to the brilliant VRF consensus mechanism - have it work with basically fixed network usage. Staking pools like Reti (which I created) are just smart contracts taking their funds and issuing a 'go online' transaction against a participation key generated by a node. Anyone/anything can be running those nodes. The reti node daemon just issues smart contract calls to have the contracts go online against new participation keys the node daemon manages (with 1 week expiration each). Valar is kind of a 'node rental' service where they generate the participation keys and the user issues the online transactions. LSTS like Folks or Tinyman (xALGO, tALGO) run a few nodes and have the stake in their contract accounts managed somewhat similarly to reti but as they choose. So you can't look at pools as the staking mechanism - they're not - and they're not the only thing people use. Pools being available for people to deposit into is a pretty new thing actually. There was just no good reason for it in the past - because running a node was never incentivized. Once the protocol was changed to issue rewards to the winning block proposer, then that opened the floodgates to LSTs and decentralized staking protocols like Reti, Valar, etc. Once incentives were added though, then stake unquestionably started centralizing. Unfortunate economics reality. If you look at consensus metrics the number of 'online accounts' has continued to decline as people just get lazy and move their stake into pool. [https://g.nodely.io/d/consensus/consensus?orgId=1&from=now-30d&to=now&timezone=browser&var-top20range=24&var-addresses=%25](https://g.nodely.io/d/consensus/consensus?orgId=1&from=now-30d&to=now&timezone=browser&var-top20range=24&var-addresses=%25) However, in those stats you'll also see that an account with only 46.9 algo (about $5 ?) successfully proposed a block. This is not centralization. 1516 independent accounts in last 30 days. ...With 2.8 second single-block finality block time - and all of those talking. This isn't some 12 node special 'council' of companies like... some chains. or massively limited in node counts like others.. The fact that stake has *become* more centralized has nothing to do with the protocol - which is what I'm concerned about.

Rickard403

Up from $.08, the lowest price the coin has ever been in the history of ALGO. Would now be the time to buy? Will it just continue to drop and never reach a new ATH?

InvestAISavvy

The social data on this one is wild right now. I track social anomalies across about 10 platforms and ALGO just hit AltRank #1 for the first time in 64 days. Social dominance is up over 500% week-over-week and trading volume spiked 719% — that's not a gradual build, that's a regime change in attention. What's driving it from the social side is a stack of catalysts hitting simultaneously — the Google quantum paper apparently cited Algorand 32 times, Revolut opened staking to 70 million users, and the SEC commodity classification removed a ton of regulatory overhang. Sentiment is running 88% bullish which is unusually high even for a coin that's ripping. The thing that keeps me cautious is exactly what you flagged — still below the 200-day MA, still down 96% from ATH. A massive social spike on a coin that's been left for dead can go two ways. Either this is the re-rating moment where the narrative permanently shifts, or it's a short-covering squeeze that fades once the catalyst news cycle moves on. The volume will tell you — if it stays above $150M/day for another week, that's real. If it drops back to $30-40M, this was just a pop.

gigabyteIO

ALGO is up

Grunblau

ALGO the only green on my watchlist…

OccasionalXerophile

ALGO

OccasionalXerophile

ALGO showing strength today because of this

AlexxTheCookie

At this point? It really depends on your capital. If we're talking tens of thousands then yea man stack Bitcoin, especially if your view is long term, like 10+ years. Otherwise, Ethereum and Solana are the next best 2 viable options. If your risk appetite is bigger, i recommend staying within the top 50 by market cap, and before any buy just do some research yourself about the said coin. I can personally say I own some LDO, AVAX, ALGO, FET and a bunch of other speculative plays outside the top 100, however I suggest picking a niche that you like, let's say AI, and look up the top 10 coins in that niche specifically. The first one won't move as much as the last one, but it's a lot safer. It really comes down to what's your risk appetite, capital you have, and the willingness to do some research. Don't ever ask random people on reddit for "good coins", you might end up buying them and they go to shit. P.S. you're better off asking Claude or chatGPT

coinfeeds-bot

tldr; The Algorand Foundation has laid off 25% of its staff due to ongoing challenges in the crypto market and macroeconomic uncertainty. The organization stated the decision was difficult but necessary to align resources with long-term priorities. Algorand, a proof-of-stake network launched in 2019, has struggled to maintain prominence, with its token ALGO trading 98% below its all-time high. Despite the layoffs, the foundation remains committed to its mission of financial empowerment and ecosystem growth, with some job postings still active on its website. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ZUU_Music

* $1,000 invested in DOT in November 2021 is now worth $25 * $1,000 invested in ALGO in September 2021 is now worth $34 * $1,000 invested in AVAX in November 2021 is now worth $67 2017/18 best tech coins * $1,000 invested in OMG in January 2018 is now worth $2.85 * $1,000 invested in ICX in January 2018 is now worth $3.20 * $1,000 invested in EOS in January 2018 is now worth $5.70

jvictor118

I don’t have a bot. At least not one I’m offering to share with you. I’m proposing a system for doing systematized trading as an individual. To hopefully replicate the parts I think work while avoiding the parts that don’t. This is based on over a decade of experience building trading algorithms at scale. In fact you’ve almost certainly already USED my trading algorithms indirectly since the biggest crypto exchange and all the Bitcoin ETFs route through them, and if you traded stocks between 2010 and 2020 you likely went through them at some point then, too. What YOU are describing is not a scam. Youre worried people who don’t know better are gonna do something stupid. So what, should we all play at a kindergarten level so the dumb kids don’t get any crazy ideas? What even are you suggesting? My take: inexperienced people shouldn’t be trading their own book AT ALL and definitely not attempting ALGO trading. That’s insane. And I would suggest that this kind of general attitude is the reason the crypto community lives on X. It’s unserious and unwelcoming to people who are making moves in this industry. I was close with the founder of one of the biggest crypto companies in the US back in the day and he HATES crypto reddit for precisely this reason. He made one post in the early days of his company, got a response like this, and never came back. So, one of the great minds in crypto avoids Reddit like the plague precisely because of this attitude here. And it’s a shame, he’s one of the smartest people I know.

aaj094

Anyone looking at ALGO near its all time lows?

jawni

yeah no shit, but it compounds and get worse over time. People don't buy ALGO or some other reddit favorite and immediately lose 90% of their value, it happens over years. Same with missing the boat on SOL or HYPE or any others, it inherently takes time. So anyone could see the writing on the walls years ago, but if you think it hasn't continued to get worse, I don't know what to tell you.

_Unspoken_Truth_

Learn from my mistakes, no matter how good the technology is, it doesn't matter. You're going to get your ass kicked. Take it from someone who bought about 1/3 of my current bag of DOT at $25, didn't sell at $50. I sold most of my bag at $5 which ended up being my cost basis. Same with ALGO. I bought most of my bag around $0.30, and then another huge amount at $0.08. And I'm about to sell it all in a few days for barely a profit. (Thanks staking rewards). Both projects are great technology, hell ALGO has about the fastest damn transactions on the market. And DOT is impressive too. But none of that matters if no one uses it. No one uses alts. BTC and MAYBE ETH are the only two that are worth it. Those are my only two bags I made money off of. And the only two bags I'll have left by the end of this year.

OccasionalXerophile

ALGO approaching multi year lows. Looks like it might be time for some yolo DCA

biba8163

At least Melania doesn't string you along for years. Hyped tech coins will string you along for 5-10 years before people finally wake up and some never do. - $1,000 invested in DOT in November 2021 is now worth $25 - $1,000 invested in ALGO in September 2021 is now worth $34 - $1,000 invested in AVAX in November 2021 is now worth $67 2017/18 best tech coins - $1,000 invested in OMG in January 2018 is now worth $2.85 - $1,000 invested in ICX in January 2018 is now worth $3.20 - $1,000 invested in EOS in January 2018 is now worth $5.70

cryptoples

Just stacking for now and throught the summer. Buying BTC, ETH, SOL, LINK, HBAR, ALGO and XRP. I have about 50% in btc and other half diversed between those others.

314_999

shitpost. 1. source investors exiting? 2. Wheres ALGO?

Rare_Rich6713

Honestly, I wish they would focus more on it like QAN and ALGO are doing. Migration won’t be that easy except if all chains utilize QVM to allow devs to code in any programming language, which only a few chains have.

watch-nerd

Lots of low activity chains have almost no fees. ALGO's minimum fees are .001 ALGO, which at the current price of ALGO is .001 \* $.08. ARB's fees are $.01 to $.05 and uses ETH, which is a far bigger network than Nano.

LargeSnorlax

Well, it's not like ALGO or ARB are really old coins either (ARB is from 2023...) so there's not much to compare to in the top 100 - BNB is its own thing, XRP still has a bit of gas from the SEC win, TRX just exists Honestly, a good market indicator is probably DOGE. In the depths of 2020 it was $0.053 and we're *pretty* close to that now. Dogecoin is probably your strongest "retail is in" signal

LargeSnorlax

Doesn't really look much different than stuff like TAO or UNI - Everything's reverting to the mean There's worse stuff out there too, stuff like DOT is going sub $1 soon, stuff like ALGO and ARB are scraping the very bottom

Numerous_Wonders81

ALGO

aaj094

ALGO now below even the 2022/23 bear period. RIP.

Working-Network-1876

ADA is the new NEO or IOTA, remanent of previous cycles. The graveyards of ALT are growing by the minutes, sad I still have a bag of DOT and ALGO, both have zero chances hitting a new ATH.

Alternative_Shop8999

You keep deflecting from anything about HBAR and ALGO so I'm assuming you're arguing in bad faith and are just shilling. I'm sorry I wasted my time trying to have a discussion.

Alternative_Shop8999

I agree gold does have utility and is a worthwhile investment vehicle, but I didn't talk about gold anywhere in the post you're replying to. Why are you deflecting from me saying HBAR and ALGO haven't proven themselves for value or utility in the crypto space? 

Alternative_Shop8999

No. Solana has actually succeeded in increasing its price with market cap. That's because it has a use: memecoins. ALGO and HBAR don't have anything going for them. All they have are people who can't or won't let go of this concept that they're still somehow innovative years after they've proven otherwise. 

noviwu97

No, if the market is actually buying the inflation, the price would be roughly the same. The fact that price kept dropping is because it can't absorb the inflation. You need growing amount of users to absorb inflation. Both HBAR and ALGO has very slim chance for that.

noviwu97

HBAR ATH in 2021 was around $0.5 with \~$6.5B marketcap. Currently it's sitting at 4B marketcap, only 40% off ATH. Tet the price is down 85%. It's just a VC pump and dump. Same as ALGO

OccasionalXerophile

Guys I think ALGO might really be the buy of the century, it's down 99.6% since ICO. I'm going balls deep.

Numerous_Wonders81

ALGO only

noviwu97

There was euphoria all over 2024. It's just that for some reason, it avoided all the coins that are commonly held by CC redditors like ETH, ADA, ALGO, LRC, NANO, MATIC, DOT

gigabyteIO

90% of all ALGO is circulating and anyone can run a node on a $200 laptop. Doesn't get more decentralized.

Numerous_Wonders81

Really should fall lower so actually good projects like ALGO/HBAR can take a stab at ol bitdaddy.

lambdasintheoutfield

SOL is a shitcoin. People who say it’s a solid choice are only saying it because they overweight the marketing vs the actual core fundamentals. They can’t actually articulate WHY it’s a strong tech choice because they either don’t understand how blockchain works OR they are unaware of significantly superior alternatives. ADA’s tech compared to ALGO and XTZ is also garbage. The way crypto markets work have shifted to almost pure speculation to being based on their interactions with the broader TradFi market. Yes there is obviously still speculation, but the rules of the game have changed and are evolving. Too many people fell victim to the induction bias of the 4 year BTC cycle when we didn’t have such widespread institutional adoption. People who knew better planned accordingly. The same people waited for “altcoin season” for complimentary reasons. Also, price predictions need to be taken with a MASSIVE grain of salt. In order to make good token selections, there needs to be a genuine understanding of how crypto has shifted. Then, we need to understand there are a lot of choices in each crypto subsector (ex. DeFi) and how much of that market share the coins have, and then intelligently speculate on future price. “Do your own research is true”, but useless as most people are looking at crypto through an outdated and/or myopic lens so the “research” and the conclusions aren’t based on sound principles.

ZioYuri78

My bags of ALGO and DOT said goodbye forever. It's done baby. What remains now is a good bag of SOL. What a time to be poor.

biba8163

CRO, ALGO, HBAR, DOGE, POL/MATIC pod racing to zero

watch-nerd

ALGO? What year is this?

biba8163

hey, that's less than 5%. Scammer Silvio Micali charged 20% of the entire ALGO supply for creating ALGO. Now that's a scam.

OccasionalXerophile

ALGO back from the dead for today

biba8163

You really are the bizarro Warren Buffet who has a special talent for picking shitcoin scams > HBAR x LINK = THE NEW FINANCIAL WORLD IN 2030 > maybe XRP XLM ALGO XDC QUANT get a bite from that cake. https://np.reddit.com/r/Hedera/comments/1izhhgq/comment/mf8779j/ > Wrong. Just check the Chainlink YouTube channel for example if you want a glimpse of the future ;) Alts are coming for institutional use. I'm 100% sure about this. If you actually do your research you'll see hundreds of entities like banks, central banks, enterprises, regulators, governments etc. being involved in projects like LINK ALGO HBAR XDC Quant etc. =] https://np.reddit.com/r/CryptoCurrency/comments/1ldpfkk/comment/myf47ib/ > Trump bought Chainlink. Sergey Nazarov Co founder was at the crypto ball at white House. Chainlink is heavily working together with Banks and SWIFT to upgrade it. Also Headera founder Harmon and Garlinghouse from XRP there. I'd say watch out for these Cryptos: HBAR LINK XRP XLM ALGO. all US based and tied to institutional levels. :) > (Also watch out for ICP(Hedera partnership), Quant (UK), XDC(Singapore)). Just saying ;-) https://np.reddit.com/r/wallstreetbets/comments/1igzsyt/comment/maw5k1c/

jawni

>ADA Community is not on Reddit. Well I don't know who else would be commenting in /r/cardano if not the ADA community, especially since this thread is making it pretty obvious that any people with negative opinions are being banned. >It's somewhere between X and GitHub. lol thanks for the laugh. Relatively speaking the Cardano community on X is large compared to here, but that's only because X in general has a much larger crypto community then reddit. Relative to other altcoins, Cardano is easily one of the biggest alt communities here, or at least it's been that way from 2017 to recently. I've noticed it drop off a bit in the last year or so, but it's pretty obvious that there is a pro-Cardano bias in this sub compared to other alts. It's the only altcoin that ever has posts about minor protocol upgrades or really just any largely inconsequential shit that still gets upvoted. Any other alt coin, even with major news, will rarely get upvoted and rarely have positive comments. If you're ranking the bias of altcoins from positive to negative in this sub it goes: ETH, then ADA, then a big gap, then ALGO/DOT, then ICP/HBAR, and then you have a massive gap and it's SOL being mostly hated, then another massive gap and it's the purely hated projects like BSC, XRP, TRX, etc.

Numerous_Wonders81

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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