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Reddit Posts

r/CryptoCurrencySee Post

Algorand CEO Staci Warden's X account hacked - mocks ALGO investors for being poor while urging them to buy ETH instead

r/CryptoCurrencySee Post

Algorand (ALGO) Stuns In Q4: Market Cap Soars, TVL Doubles, And User Base Skyrockets

r/CryptoCurrencySee Post

The Algorand 2024 road map has dropped, The Algorand Gambit. Consensus Incentivization, P2P Gossip Network (Relay Nodes become optional), AlgoKit 2.0 (Pure Python Programming), Dynamic Round Times (aka Dynamic Lambda), and Non-Archival Relay Nodes.

r/CryptoMoonShotsSee Post

ButtCoinASA | FREE BUTTS | Tinyman Farming Rewards Flowing!

r/CryptoCurrencySee Post

Where is the market heading? I’m buying the future!

r/CryptoCurrencySee Post

Why I would never invest in Algorand, but happy for the people who made their gains.

r/CryptoCurrencySee Post

Algorand will be the biggest utility Layer 1 in crypto

r/CryptoCurrencySee Post

I asked AI to give me a hypothetical bullrun strategy, along with examples of undervalued alts.

r/CryptoCurrencySee Post

How do you REALLY think the market will react to the ETF approval?

r/CryptoCurrencySee Post

Santa Rally is most likely over guys, Sell Now or Regter it Later

r/CryptoCurrencySee Post

I want to accept crypto for my business but…

r/CryptoCurrencySee Post

Last bull people were looking for the next "ETH-killer", this time people will hunt for the next SOL-killer

r/CryptoCurrencySee Post

Where to store my assets.

r/CryptoCurrencySee Post

Owe IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

Owe the IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

$20K in a single coin, which one?

r/CryptoCurrencySee Post

XDC is way undervalued and overlooked

r/CryptoCurrencySee Post

Cathy Wood calls out Gensler teaching and speaking positively on Crypto at MIT and says his political ambitions are keeping him from approving spot ETFs.

r/CryptoCurrencySee Post

Small Coins Just Sitting Around

r/CryptoCurrencySee Post

crypto depression

r/CryptoCurrencySee Post

What are your bags in now that we're solidly in the bull market? Is ALGORAND a good buy?

r/CryptoCurrencySee Post

[SERIOUS] Critique my 2025 Bull Run Portfolio

r/CryptoCurrencySee Post

US OCC to host discussion on tokenization of real-world assets

r/CryptoCurrencySee Post

Without community points, you no longer have any reason to fear. Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - without community points, you no longer have any reason to fear! Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - you no long have any reason to fear obtaining negative karma here! Take this opportunity to tell me all your opinions and comments that would be deemed unpopular in this subreddit.

r/CryptoCurrencySee Post

Algorand Explorer Powered By ChatGPT launched; Will ALGO Find Reprieve From Aggressive Sellers?

r/CryptoCurrencySee Post

Need a little help from the community

r/CryptoCurrencySee Post

Why do people still actively buy and hold inflationary tokens?

r/CryptoCurrencySee Post

Algorand (ALGO) May Have A Chance For A Bullish Streak

r/CryptoCurrencySee Post

Today marks 2 years that I got into crypto! Here are some learnings from this journey so far

r/CryptoCurrencySee Post

Purely from a tokenomics perspective, which are the best projects out there?

r/CryptoCurrencySee Post

My current portfolio/alt coin problem

r/CryptoCurrencySee Post

Double Down on Algorand?

r/CryptoCurrencySee Post

There is some great advice in this space - a couple anecdotes

r/CryptoCurrencySee Post

Is this huge ALGO buy a genius move or a lost cause?

r/CryptoCurrencySee Post

Algorand may instigate a buzz but will ALGO traders buy into the hype?

r/CryptoCurrencySee Post

10 reasons why we need to LEAVE crypto ASAP!!!!(PLEASE, read through to the end, DON'T read through the end)

r/CryptoCurrencySee Post

Famous companies and crypto partnerships

r/CryptoCurrencySee Post

Crypto Roulette

r/CryptoCurrencySee Post

Crypto myths busted

r/CryptoCurrencySee Post

Things to note if you want to stake your crypto

r/CryptoCurrencySee Post

Crypto downturn sinks ALGO to all-time low

r/CryptoCurrencySee Post

I bought a bag of ALGO last week before the recent market dip. Am I deluded in thinking the sinking ship will do well in the next bull run? What other Altcoins have you been accumulating in the last 3 months?

r/CryptoCurrencySee Post

Crypto news sites and their use of "...but there's a catch" (Spoiler Alert: It's all clickbait!)

r/CryptoMarketsSee Post

Digital Investor (03): Why did BTC Crash? Congress v. CBDCs; ALGO Dying... or Dead?

r/CryptoCurrencySee Post

Digital Investor (03): Why did BTC Crash? Congress v. CBDCs; ALGO Dying... or Dead?

r/CryptoCurrencySee Post

Roll back the clock - if you could be in on the ground floor of any project, what would it be?

r/CryptoCurrencySee Post

There is a simple reason (among others) why ALGO did not live up to the expectations - learn more about circulating supply and market cap.

r/CryptoCurrencySee Post

Algorand - What caused its demise?

r/CryptoCurrencySee Post

Algorand (ALGO) Price Falls to New All-Time Low, Hitting $0.09 - Where to Next?

r/CryptoCurrencySee Post

Comparing how Popular Projects are holding up over the Bear Market after Aug. 17th Flash Crash.

r/CryptoCurrencySee Post

Somedays Are Easier Than Others by Overall-Extension608

r/CryptoCurrencySee Post

Somedays Are Easier Than Others by Overall-Extension608

r/CryptoCurrencySee Post

Comparing Technology of HBAR, XRP, and ALGO on the Basis of Speed, Use Cases and Scalability.

r/CryptoCurrencySee Post

What do you miss and not miss about Bullruns?

r/CryptoCurrencySee Post

What does your portfolio look like? And how has it fared?

r/CryptoCurrencySee Post

FTT can possibly get valued at zero. Once again regulators are punished for missing flywheel tokens and so is retail.

r/CryptoCurrencySee Post

Planning to load up a fat bag of altcoins: XRP, ALGO, LINK, DOT, SOL, UNI, + more?

r/CryptoCurrencySee Post

Myth buster: Algorand has BRILLIANT tokenomics, and here’s why:

r/CryptoCurrencySee Post

The importance of market cap over coin / token value.

r/CryptoCurrencySee Post

Will "inverse r/cryptocurrency sub" strike again?

r/CryptoCurrencySee Post

EVM vs all other chains

r/CryptoCurrencySee Post

Any regrets from the past few years?

r/CryptoCurrencySee Post

Your best and worst financial decisions?

r/CryptoCurrencySee Post

XRP, QNT, XLM, HBAR, MIOTA, XDC, ALGO, and ADA certified as ISO 20022-compliant

r/CryptoCurrencySee Post

What are your thoughts on the future of ALGO?

r/CryptoCurrencySee Post

MOON-motivated posts and comments, this sub is a echochamber of its own

r/CryptoCurrencySee Post

What's with a huge whale wallet that holds over 6% of Algorand total supply? It is not identified as an Algo team wallet and senders and token balance changes indicate it's very unlikely to be a DEX/exchange.

r/CryptoCurrencySee Post

Give me some hopium for Algorand

r/CryptoCurrencySee Post

People here often joke that we should inverse this subreddit. Is there truth to this idea and why (not)?

r/CryptoCurrencySee Post

I would suggest to just enjoy the moment that we have been waiting for years right now, instead of making "the next Bull Market predictions".

r/CryptoCurrencySee Post

The problem with Crypto Specific Subs - Algorand Edition.

r/CryptoCurrencySee Post

The problem with Crypto Specific Subs. Algorand Edition

r/CryptoCurrencySee Post

Clash Royale style gaming competition. Crypto money prize.

r/SatoshiStreetBetsSee Post

On June 6, 2023 - Jim Cramer has called the following cryptos "counterfeit tokens" and said "If you're in them, you're fool. Since then: SOL (+27%), ADA (+6.5%), MATIC (+6.3%), FIL (+38%), ATOM (+13%), SAND (+12%), MANA (+17%), ALGO (+18%), AXS (+28%), CODE (+20%)

r/CryptoCurrencySee Post

What makes a coin popular? (Spoiler: it is not tech or utility)

r/CryptoCurrencySee Post

How to Create and Launch a Shitcoin on Algorand for less than a Dollar

r/CryptoCurrencySee Post

DWF Labs and Algorand Foundation Reach Strategic Partnership - The first component of the partnership involves a $50 million ALGO token purchase agreement to, in part, provide liquidity into the Algorand ecosystem.

r/CryptoCurrencySee Post

Have some spare time for gaming this week? Let's play Cosmic Champs, a play to earn, tower rush, real time strategy game

r/CryptoCurrencySee Post

What to do with my smallish Voyager claim?

r/CryptoCurrencySee Post

Microsoft Quantum Machine Technology

r/CryptoCurrencySee Post

If you joined during the 2021 bull run and you're still here; you deserve all the gains.

r/CryptoCurrencySee Post

Comparing Coins Performance: Last Year vs. This Year - Algo, Matic, Atom, Xrp, Link and more

r/CryptoCurrencySee Post

So how's the grass?

r/CryptoMarketsSee Post

eToro Restricts US Customers from Trading ALGO,MANA, MATIC,DASH tokens Amidst SEC Lawsuits

r/CryptoMarketsSee Post

eToro to Delist ALGO, MATIC, MANA, and DASH for US Customers

r/CryptoCurrencySee Post

Heavily invested in SOL, ATOM, and AVAX! Looking for suggestions on other alts while things are cheap!

r/CryptoCurrencySee Post

Last year around December 2022, we were a lot lower than we are today...this is not a crash, this is usual crypto volatility

r/CryptoCurrencySee Post

Well, at least after all this doom and gloom we can not say anymore that Crypto is boring. You get free entertainment everyday here.

r/CryptoCurrencySee Post

Do you guys think that it is time to write off all non-ETH L1s?

r/CryptoCurrencySee Post

SEC not going after ETH

r/CryptoCurrencySee Post

Anyone else glad they got out of ALGO even if late?

r/CryptoCurrencySee Post

Over under on alt survival?

r/CryptoCurrencySee Post

All Algorand Holders are now at a loss as the coin hits a new All Time Low of ~$.0958 dropping below it's March 2020 flash crash levels.

r/SatoshiStreetBetsSee Post

ButtCoin | ALGO’s Number One Meme Coin Has Bridged to Polygon

r/CryptoMoonShotsSee Post

ButtCoin | ALGO’s Number One Meme Coin Has Bridged to MATIC

r/CryptoCurrencySee Post

It doesn't matter if SEC attacks more exchanges.

r/CryptoCurrencySee Post

Just yesterday we had 10k BTC being withdrawn from Binance, that was 1.5% of their balance. We are yet to see any significant stress-test for them.

r/CryptoMarketsSee Post

Watch Gary Gensler defend ALGO and its founders in 2019. Today, the SEC alleges that ALGO is unlawful security ...

Mentions

Hoping for a bit of consistency. While I am enjoying the green, waking up to my portfolio being 1k up and 1k down the next day is a bit mentally exhausting. Having avoided watching my portfolio for the majority of 2022 and 2023, it's been fun seeing the burst of life, but at the same time it feels like a double edged sword where the sheer volitiliy of crypto is seen every single day these last few months. However, I feel I'm a little less naive now. I've not been selling the dips, I do wish I could DCA a little bit more but trying not to put much more money in while it's like this. I just hope that I can see some green on LRC, Dot, ADA and ALGO sometime this year.

I'm going to continue using my DCA strategy for ALGO throughout this bull market. I'm expanding my portfolio with more projects in addition to ALGO. On the exit price, I'll keep a careful watch on market trends. avoiding ventures with high risk and unclear foundations. What plan do you have?

Mentions:#DCA#ALGO

I’m in the positives for ETH BTC etc.. but man ALGO and CRO are still rough.

Is ALGO top 20 anymore?

Mentions:#ALGO

Love seeing ALGO in the A Tier, fully agree with all my non-technical knownothingness that Algo is built to win

Mentions:#ALGO

Sell that ADA and ALGO. Get your BTC and ETH

99.9% of coins are shitcoins and 100% of them were created to make money. And I get ya. But shitcoin creators aren't going to spend money to make a meme shitcoin. They'll just use ALGO, BNB, SOL, etc... but ETH comes with an up front cost.

If your goal is to forget about them, or at least to ignore this bull run (not a terrible option, honestly), I'd move to BTC, ETH and SOL. Everyone is going to have their own opinions, and i'm not here to argue theirs, but I'd pick three big chains, all different in tech and in philosophy, leaving you with a little diversity. ADA and ALGO aren't set-and-forget IMO, so I'd avoid them both.

I mine Helium IOT on Solana. Solana also has Helium Mobile 5G network. Just of the top of my head those are two things that SOL network has that ALGO doesnt

Mentions:#IOT#SOL#ALGO

ADA, ALGO and VET are the only coins worth holding. Pumps come and go, but tech is eternal.

Mentions:#ADA#ALGO#VET

Everyone here said SOL was dead and it pumped like crazy. Also everyone here said ALGO is amazing and it dumped completely. This sub is competition for Jim Cramer.

Mentions:#SOL#ALGO

Exactly. They also believe that ALGO is eternally “next in line”. Of course, this ALGO pump will conveniently come at the same time the SOL goes to zero. Big *trust me bro* vibes.

Mentions:#ALGO#SOL

Yes, exactly. Last cycle, this sub decided ALGO is the best tech. Sleeping giant, future top 5, whales suppressing the price so they can accumulate, etc etc. At the same time, they decided SOL is a centralized shitcoin that “always” goes down. In that timeframe, SOL has gone absolutely parabolic, has way way way more hype and volume than pretty much all of crypto, has outperformed every major crypto, and accounts for 95% of new market participants’ action. The meme coins are trending hard, and that’s where the normies are entering. ALGO on the other hand hasn’t done much of anything. I literally haven’t heard mention of it outside this Reddit sub.

Mentions:#ALGO#SOL

the monthly solana hate post of this sub. 1200 tps, while ETH barely manage to do 10 TPS. I've been buying since the "is solana a dying coin ?" thread. I'm using SOL daily, I really don't see all those failed tx, and even congested SOL feels so much less cluncky than every other chain I used (ALGO, BSC, OP, ARB, ETH..). Keep chilling your algo and Hbar bags guys, i'm sure we'll hit ATM back in 2030.

ALGO token unlock march 19 should be bullish

Mentions:#ALGO

To think that most of big caps won't 3-5x means that you should consider the coins you're in. We're looking at 100k BTC in the next few months and retail wants a piece, but they don't want to buy BTC cause that return is not enough. They will be looking at big coins that they remember. They will be looking at larger market caps that they know won't rug them. NEO and IOTA were before BTC and crypto were mainstream. VET and ALGO were never promising, one is owned by China and the other has terrible tokenomics.

You’re asking for already billion+ dollar caps to 3-5x+ easily and that won’t be happening without massive retail FOMO. This run has been a lot of ETF movement with BTC so far and it’s before the halving. Anything is possible, but I’ve seen too many “promising” alts fail in subsequent runs like NEO, IOTA, VET, ALGO, etc.

also ignoring AVAX while loving losers like ALGO and ONE. Use this sub to know what to not buy

#Algorand Con-Arguments Below is a Algorand con-argument written by CreepToeCurrentSea. > Algorand is an open-source, decentralized cryptocurrency and smart contract platform founded by Silvio Micali on 2017. It operates through a Proof of Stake variation called the Pure Proof of Stake. It officially launched it's main network on 2019. It's native token is called ALGO. Algorand is composed of a company and a foundation. The company functions on the core development of the protocol whereas the foundation oversees award funding, cryptographic research, on-chain governance, and decentralization of the Algorand network including nodes. > > # CONs > > **Reliance on the Company and the Foundation** > > * Algorand can thank the foundation and the company for their current success, but that same support could also be the reason for Algorand's downfall. If funding is cut off or a scandal arises within the company/foundation, it will have a negative impact on Algorand's development and price action. Another example is that Algorand can still be modified via a governance poll or protocol change in response to external requirements/demands from government entities. > > **Tight Competition** > > * Just like the many other alt-coins existing in crypto, Algorand is just one of the inferior coins (by market capitalization) that are competing to be the next "Ethereum Killer". So far, no coin has been able to outperform Ethereum. One could argue that Ethereum only has the upper hand because of its first mover advantage, but the fact remains. > * Aside from the Pure Proof of Stake model, all of the other technologies, such as smart contract functionality and Decentralized Finance, were already present in other cryptocurrencies before Algorand even went mainnet in 2019. This makes it difficult for Algorand to keep up with the constantly evolving technologies of other networks/coins contending to dethrone Ethereum. > > **Not the best Tokenomics** > > * According to data from intotheblock, an analytics platform, the circulating supply of Algorand has been steadily increasing since 2021, from 800 million ALGO to nearly 3 billion, and it is now at 7.2 billion ALGO, with a projected increase to 2030. > > **Majority of Holders at a Loss** > > * Using the same analytics platform, intotheblock displayed the percentage of addresses that are profitable versus those that are still making losses. Only 3% are profitable, with a total address count of 501.6k, compared to 96.5%, or 15.91m addresses, who are incurring losses. Profitable addresses are most likely those users who purchased in the early years. This would definitely send a negative message to interested investors/users looking to get exposed in the Algorand ecosystem. > > *Sources:* > > [*https://en.wikipedia.org/wiki/Algorand*](https://en.wikipedia.org/wiki/Algorand) > [*https://doi.org/10.48550/arXiv.1607.01341*](https://doi.org/10.48550/arXiv.1607.01341) > [*https://app.intotheblock.com/coin/ALGO/deep-dive?group=financials&chart=all*](https://app.intotheblock.com/coin/ALGO/deep-dive?group=financials&chart=all) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#ALGO

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#AMM#ALGO#ETH

ALGO will be a monster one day.

Mentions:#ALGO

>Their tech is actually one of the best and is a novel blockchain, unlike most coins today Have you ever considered the tech isn't as good as you think it is? I don't know about you, but I'm not qualified to evaluate the tech, [although when I first heard about Algorand](https://old.reddit.com/r/CryptoCurrency/comments/c3ionv/daily_discussion_june_22_2019_gmt0/ertgk5c/) I was very bullish on it, probably for the same reasons you are bullish on it. But eventually other chains got traction(specifically with regard to on-chain development) and Algorand didn't, so I had to reevaluate and decide whether I thought the market(and by extension, the devs and users) was wrong or whether I was wrong. Luckily for me(at least with respect towards investing), I decided that I must be wrong and sold my ALGO bag for something else. So I guess my point is: When every chain claims to have the best tech, how do evaluate that? I now use a development activity (actuall apps, not just github commits) as my measuring stick now for how good a chain's tech or value prop is, rather than claims about performance and that has worked well.

Mentions:#ALGO

Don't buy ALGO, coming from an ALGO holder who sold off most of their bag at a loss. DOT is strong imo and will be around for the long-haul, even if it might move slowly. HBAR I've seen good murmurs about but been avoiding because of its dumb name lol

People trying to save their ALGO bags, right

Mentions:#ALGO

bought a lot in the 8-12c range and got my avg down to about 26c. still got hopes for ALGO but i will sell half at $1 and ride the rest to whatever.

Mentions:#ALGO

This SOL pump doesn’t make sense when projects with superior tech like ADA, ALGO and VET are struggling

I bought ALGO… and harvested my DOT rewards. HBAR needs to double before I am in the green on it.

Believing that ALGO is the future... Yeah I know...

Mentions:#ALGO

Wouldn’t say out of my control but went deep into $ALGO and its projects, made at least 8x held onto it and watched it drop 90+% of what I put in. Yolo’d into $NYAN Meme Coin near 400k mc, and made it all back and more.

Mentions:#ALGO#NYAN

Of course it’s true. Solana has it’s pros and cons like every other chain, but the hatred in this sub is based on nothing but stupidity. I’ve been shilling SOL in here since last year, almost every comment was downvoted. I was told ALGO was better tech, SOL would rank as soon as the network went down for an hour, ETH upgrades would render SOL irrelevant, etc etc. Those people are quiet now. Not one of them acknowledged their mistake.

Mentions:#SOL#ALGO#ETH

Time to YOLO in has passed for a moment. Just a small DCA for now. My bags are packed and exit plan set. I loaded up at $16.8k BTC and still holding ETH I mined with an average basis near $700. Bought a fat stack of ALGO at $0.08. Put 50% of my ROTH into FBTC at $39 and BITO at $19. 30% shares of COIN at $130.

I remember it being hated on often with network outages and centralization always being brought up as a criticism. I know this sub likes it when they make money, but most of the hype train coins here do poorly over time. Like LRC, ALGO, LTO, VET, etc.

I have a few coins with <$10 in them, from rewards or just left-overs. Would love some insight into whether they're worth holding just to hope for a x2-4, or if I should just sell it all for ~$30-50 to consolidate elsewhere. They're: GLMR, XLM, ALGO, STRK and ACA. Not a very high-stakes dilemma I know, but I can't make up my mind.

ALGO is definitely going to flip SOL!

Mentions:#ALGO#SOL

Didn’t go well for ALGO

Mentions:#ALGO

Trade out 75% if you're feeling uncertain. I did that with ADA, XLM and ALGO. Don't regret it

Mentions:#ADA#XLM#ALGO

I bought pretty much everything at ath in 2021 (ADA, ALGO, ROSE, LTO, FTM, MATIC etc) DCA’d down but still far from green

What the general opinion with ALGO? I am starting to know other projects besides BTC and what I read of ALGO seems good.

Mentions:#ALGO#BTC

coinmarketcap hasn't kept uptodate, ... but I'm sure they will once ALGO catches on

Mentions:#ALGO

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#AMM#ALGO#ETH

No one likes using ETH. Also, I am waiting until Gensler drops the ‘security’ bomb or the new “Foreign Adversary” threat to national security after the TikTok bill passes. Meanwhile, I am hanging out in ecosystems that are a joy to use like ALGO, AVAX and ATOM.

The issue with your thesis is that traditionally, ALGO pumps up to and during the unlock period… I think it is so people don’t sell. The Foundation used to dump while everyone is locked up it seems. I think that ultimately this is why they went to the locked governance model.

Mentions:#ALGO

ALGO has good tech (probably even better than SOL), but a terrible team, lead by a bad CEO who's more focused on cheap PR stunts than blockchain adoption.

Mentions:#ALGO#SOL#CEO

ALGO governance rewards will be issued in early April. That could result in some mild price suppression. I personally think ALGO is a good choice and have minor exposure to ALGO (1% of my crypto bags or so). But I don't buy cryptos that have just pumped (ALGO is up around 80% in the last 30 days). And I am careful about buying cryptos that have large token unlocks coming out (governance rewards for ALGO).

Mentions:#ALGO

My two cents is that ALGO isn't going to be drawing in a significant amount of new investors this cycle. Separate the current uptrend from what's going on across the market and it's actually under-performing in an intensely amped climate. I don't see it ever reaching ath, and I have a hard time seeing it even reach $1 this time around.

Mentions:#ALGO

i’m glad ALGO has had some time to mature and work out kinks and the tokenomics have settled. bright future ahead

Mentions:#ALGO

For a while after I started in 2020, my bags were all ETH and ALGO, I bought a ton at ATH thinking it was only going to double. I'm still in the red, though not nearly as bad. I consolidated the alts I had and now just have ETH and ADA. Tempted to put it all in BTC though.

The big tech companies want to work with the best technology in blockchain; it's $ALGO LFG.

Mentions:#ALGO

Bought ETH, ADA, and ALGO all back around late 2022. DCA for ETH is 1650, ADA is .36, and ALGO is .22

Definitely bull season when ALGO shilling starts.

Mentions:#ALGO

Not a surprise when a turing award winning computer scientist created the chain. Completely slept on chain. Algorand is still at an all time low in the ALGO/BTC ratio check the weekly chart, I have a good feeling it's getting ready to make a big move up soon.

Mentions:#ALGO#BTC

Go ALGO gooo

Mentions:#ALGO

Good to see ALGO is waking up.

Mentions:#ALGO

Triple As= ALGO, ATOM, and AVAX

> wonder when people will FOMO back into ALGO, 80/90c I just sold 2 days ago after holding since 21. haha

Mentions:#ALGO

wonder when people will FOMO back into ALGO, 80/90c

Mentions:#ALGO

"ATOM & ALGO" 😀 "ATOM & ALGO" 😀 That's all you'd see at the start of the bear market Now ATOM & ALGO😡😡

Mentions:#ATOM#ALGO

ALGO has been showing signs of life in the last month. My ALGO bag is relatively small (just under 1% of my total crypto bag), but it is always good to see it showing signs of life.

Mentions:#ALGO

ALGO needs to bust through this wall at .30

Mentions:#ALGO

need ALGO to break through this .30 walll

Mentions:#ALGO

Yeah, you have to compensate the recipient for their guaranteed losses when hammering out a deal to pay in ALGO.

Mentions:#ALGO

Us ALGO holders can sympathise

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ALGO is my biggest bag, even though my BTC has eclipsed it in the past 2 weeks. Sucks to see all these vcoins hitting ATH and ALGO is sitting in the dumps as usual. Wish I dumped it 2 years ago.

Mentions:#ALGO#BTC

Nope... cries in ALGO, and DOT, and ADA

Mentions:#ALGO#DOT#ADA

finally green with my ALGO bag, brought my avg down from 80c to 26c during the bear market. lfg

Mentions:#ALGO

Glad to see ALGO having a good run. Now I just need it to go 40% higher for my bag to break even. 😅

Mentions:#ALGO

ALGO don’t give me hope

Mentions:#ALGO

newer coins.....diversifying in shinier objects doesn't increase the value...or give you a better chance. "Older" coins are older for a reason, they survived the brutal bear. Aside from VET/ALGO.......You have a bag that will all recover, hopefully you added during 2022-2023, and doubled down and really good prices. Don't chase memes, don't touch the AI hype coins, stick with the projects that survived, look inside the ecosystems (especially Cardano tokens).

Mentions:#VET#ALGO

ALGO hurts a bit. ADA is also sitll down. Everything else has broken even.

Mentions:#ALGO#ADA

ALGO is up 195% so it's not thaat bad

Mentions:#ALGO

ALGO is the only thing I have now other than BTC - I’m 90% BTC and happy with my setup.

Mentions:#ALGO#BTC

People are crazy for thinking these are dead/lackluster/unremarkable projects just because its a new bull run. Sure, some of the top 10 got replaced throughout the earliest cycles but back then none of them were close to being as well established DOT, ALGO, MATIC, etc are now. I dont think these projects are just going to fade away because theres a new narrative

My ALGO is up 6.5%, lowest right after XRP

Mentions:#ALGO#XRP

DOT and ALGO, yes. I think they will have their time soon enough, will continue to hold those. ATOM is one I am getting itchy about, however.

This was my thought about a month ago when I converted all of my remaining ALGO to ETH. The leadership for ETH is top notch, and with all of ETH’s upgrades, it really feels like it’s taken ALGO’s lunch money. The only thing ALGO has that ETH doesn’t is low fees, and even that shouldn’t be the case for much longer.

Mentions:#ALGO#ETH

I dumped my VET and ALGO when things started coming up but I have more

Mentions:#VET#ALGO

ALGO. Between governance, staking, and playing LP impermanent loss to my advantage I was able to accumulate enough ALGO at zero basis over the last 2 years that my average is below 6 cents.

Mentions:#ALGO#LP

I held bags all crypto winter but am back up in my Alts (MATIC, ADA, SKALE, ALGO, LINK). I am selling them all in invest in new narratives- Render, Fetch and AERO so far (2/3 are already up for me, yay), and will cautiously try my hand at a SOL meme coin or two. Personally, I don’t think most of last season’s coins are going to best their previous ATH’s. I don’t see them doing poorly but not doing as well as some of the more hyped coins. 

Still holding XTZ, ALGO, SCRT, ATOM. and CKB. Swapped VET (just a hair into the green) during the bear market for HBAR. Couldn't be happier about holding the CKB, my avg was around $0.0025 and today it's at $0.025. So what was initially just a very small position in $ value is now a nice little chunk of change.

I think i’m selling my VET and ALGO zzz

Mentions:#VET#ALGO

I sold XLM this morning, it was my biggest L in my portfolio. I was thinking ALGO and VET next 🥲

Mentions:#XLM#ALGO#VET

I started in 2019 and bought all the ones shilled on this sub lol ALGO, LRC, ONE, CKB, ROSE, GALA, MATIC. In 2021 I sold LRC, GALA, CKB.

I'm the same boat. Hding VET, ALGO, ADA, ZIL, and DOGE. No clue what I am going to do with them.

I want to hodl but tbh I don’t have a lot of cash to invest with so I’m looking to make decent wins short term and long term. I’ll def hodl some but not sure about VET and ALGO

Mentions:#VET#ALGO

Currently stuck holding XRP, XLM, ALGO, XTZ and DOT. I'm just hoping to break even on this run and dump them.

Never understood holding XLM to be honest. ADA is a bit of a wild card but a solid project worth holding. ALGO I never actually got into but ai know there is a lot of support for it still based on community sentiment. DOT and MATIC will definitely pump. VET made sense in 2017 when everything had a coin but I don’t know about supply chain block chains anymore. Why do supply chain with VET when you could make your own layer 2 and use ETH for your supply chain? I dont actually understand the tech but if someone can answer that that would be great.

Sadly i don’t rmb 💀 my ALGO eludes me sometimes too but i know i have it stashed somewhere

Mentions:#ALGO

Can’t find my ALGO since last run. Do you remember what were the popular wallets for it at that time besides Trust Wallet?

Mentions:#ALGO

The fuking scams are pissing me off fr… it’s been so bad. I do think DOT is still coming along well, I’ve decided to keep my DOT and ADA, but i’ve sold XLM and still thinking about VET ALGO and MATIC 🫠

The platform that i trade on doesn’t have radix, fusion and xchng 💀 i was thinking of getting xchng awhile back but have been reluctant to use more than one platform to trade My VET, ALGO and ADA are still negative 🤡

Mentions:#VET#ALGO#ADA

I sold off all my VET and some of my ADA. Kept my ALGO although that may be wrong long term. ETH and BTC are very safe bets so I kept those. I would check out Radix, Fusion, and XCHNG as far as future gems. Radix is going to have the best ease of developer use and scaling moving forward (scales correctly in an organized fashion practically limitlessly) so I see it exploding this or next year. Fusion is the best value in Crypto right now as it provides true interoperability across all cryptos (read up on DCRM is will BLOW YOUR MIND) and the chain is dirt cheap for a layer 1 (really a layer 0) doing over 400k Transactions per day and a good TVL. XCHNG is built on Fusion and is like a 1Inch or Uniswap but across tons of blockchains because it is using the Fusion DCRM technology I mentioned. XCHNG also gonna blow up. *Note that DCRM is the technology that made Fantom explode last bull run as they used Multichain to bridge assets over and Multichain started as Anyswap on Fusion before the Anyswap team got greedy and broke off and then flew too high too fast making unsafe changes that ended up in disaster.

When looking for cryptocurrencies or projects with high potential for return on investment (ROI), it's essential to focus on those that are not yet mainstream but have strong fundamentals, innovative technology, or address specific market needs. Here are a few projects that have been gaining attention but might not be as well-known to the general public: Polkadot (DOT): Polkadot is a multi-chain blockchain platform that enables various blockchains to interoperate and share information. Its unique approach to scalability and interoperability makes it a promising project for the future of decentralized applications. Chainlink (LINK): Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Its technology is crucial for the functioning of many decentralized finance (DeFi) applications, making it a potentially valuable investment. Avalanche (AVAX): Avalanche is a blockchain platform that focuses on high throughput and low latency, making it suitable for decentralized applications and financial services. Its unique consensus mechanism and scalability features set it apart from other blockchain projects. The Graph (GRT): The Graph is a decentralized protocol for indexing and querying data from blockchains. It's like the Google of the blockchain world, allowing developers to efficiently access blockchain data for their applications. Helium (HNT): Helium is a decentralized network for Internet of Things (IoT) devices, powered by a blockchain. Its innovative approach to creating a decentralized wireless infrastructure has attracted attention from investors and tech enthusiasts. Algorand (ALGO): Algorand is a blockchain platform that focuses on speed, security, and scalability. Its unique consensus algorithm and commitment to sustainability make it an attractive option for investors looking for eco-friendly blockchain projects. Theta Network (THETA): Theta is a decentralized video streaming network powered by blockchain technology. Its innovative approach to content delivery and bandwidth sharing has the potential to disrupt the traditional video streaming industry. It's important to note that investing in cryptocurrencies and blockchain projects carries a high level of risk, and you should always do your own research and consult with a financial advisor before making any investment decisions

And your ALGO is down what % from when you bought it? Cost basis is a thing

Mentions:#ALGO

ALGO up 60% this month. BTC up 53%.

Mentions:#ALGO#BTC

Face the truth even if it performs there’re still tons of bag holders like you waiting to dump even at breakeven. That plus weak narrative = nigh impossible to pump. If you’d converted it to other performers even BTC you’d already been in the green by now. Hell at this level of probability you’d do better converting it to SOL as it still has the meme narrative, while ALGO has none. For me, I just realized holding on to a losing bag is just ego and sunk cost fallacy. Unlocking this is like leveling up in crypto game.

Mentions:#BTC#SOL#ALGO

Hilariously I'm still hopeful for ALGO, so holding onto it.

Mentions:#ALGO

Up 150% just from DCAing BTC ETH SOL BNB Bought some ALGO cuz this sub, cut loss a while ago and convert to BNB ETH, best dicision ever

Bullish on ALGO. I think ALGO buy some more

Mentions:#ALGO