Algorand (ALGO) INR Price
algo Market stats
About Algorand
Algorand Price Data
Algorand (ALGO) currently has a price of ₹7.65 and is down -5.15% over the last 24 hours. The cryptocurrency is ranked 81 with a market cap of ₹68.6B. Over the last 24 hours, it saw ₹2.2B of trading volume. The token has a circulating supply of 9B tokens out of a total supply of 9B tokens.
Algorand, created by Silvio Micali, is a distinctive blockchain protocol that tackles the primary hurdles faced by current blockchain networks: security, scalability, and decentralization. It introduces Pure Proof-of-Stake (PPoS), a consensus protocol that is highly efficient, secure, and eco-friendly, significantly minimizing energy consumption compared to Proof-of-Work systems.
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