Algorand, or ALGO (ticker), is a new project which released last year and is looking to be very profitable. The chart setup is looing great, and the project/team appears to have solid fundamentals. Overall, I think this will be a digital asset and cryptocurrency to keep your eye on.
Join us in today’s video as we deep dive into ALGO and analyze the chart pattern. We talk about the current setup and highlight some of the great things that are happening to get us a little more pumped about this new blockchain project.
In a nutshell, ALGO is the cryptocurrency for the Algorand project, which is a blockchain similar to Ethereum, NEO, Tezos, claims to have better scalability, security, and transaction times. There’s a proof-of-stake reward system which is (in my opinion) better than a lot of the current ones like Tezos.
The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.
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