ALGO

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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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