Algorand Price

How much is Algorand today?

As of Mar 16, 2025, the current trading price of Algorand (ALGO) is $0.188868. Over the past 24 hours, the price has ranged between a low of $0.187036 and a high of $0.201659, accompanied by a trading volume of $68.97M. The overall market capitalization is $1.60B, positioning it at rank #65 among other cryptocurrencies.

How much is one Algorand ?

At this moment, one unit of Algorand is valued at $0.188868. Please note that due to market fluctuations, this price may vary throughout the day.

How to invest in Algorand ?

Investing in Algorand begins with comprehensive research into its market performance and potential risks. Start by reviewing its current price of $0.188868, along with its recent 24-hour trading range—from $0.187036 to $0.201659—and its overall market cap of $1.60B. To get started, create a Bybit account, complete Identity Verification Lv. 1, and then deposit funds either via fiat or by transferring another cryptocurrency. After your account is set up and funded, you can navigate to the Bybit trading interface where you can place an order for Algorand. Finally, consider transferring your coins to a secure wallet to ensure their safety.

Where to buy Algorand?

To purchase Algorand on Bybit. You can easily sign up, fund your Bybit account, and start trading, making it easy for both beginners and experienced traders to buy cryptocurrencies. Alternatively, you can just click on the buy/trade button above.

How to buy Algorand?

To buy Algorand on Bybit, start by signing up for an account on the Bybit platform and completing Identity Verification Lv. 1 to comply with KYC requirements. After your account is verified, deposit funds using your preferred method—Bybit supports both fiat deposits (depending on your region) and cryptocurrency transfers. With funds in your account, navigate to the trading section where you can search for Algorand (often listed under its symbol, ALGO). You can then place an order—choosing either a market order for an immediate purchase at the current price of $0.188868 or a limit order if you prefer to set your own price. Once the order is executed, your Algorand will be credited to your Bybit wallet, where you can choose to keep them or transfer them to another secure wallet.

How to sell Algorand?

Selling Algorand on Bybit follows a process similar to buying. Begin by logging into your Bybit account and navigating to the trading interface. Locate Algorand within your portfolio or the market listings. When you are ready to sell, decide whether to use a market order for a quick sale at the prevailing price, or a limit order if you wish to set a specific selling price. Once your order is placed and executed, the funds from the sale will be available in your account. You can then choose to withdraw these funds to your bank account or convert them into another cryptocurrency, according to your investment strategy.

Is Algorand a good investment?

Determining if Algorand is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $0.188868 and a market capitalization of $1.60B (ranking it at #65), Algorand has demonstrated significant activity. Its 24-hour trading range—from $0.187036 to $0.201659—and historical performance, highlighted by an all-time high of $3.56 on Jun 20, 2019 and an all-time low of $0.087513 on Sep 11, 2023, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many Algorand are there?

Currently, there are 8.50B units of Algorand in circulation, with a maximum supply capped at 10.00B. These figures are important to consider when evaluating scarcity and potential market dynamics, and they can change over time due to network updates or new coin emissions.