What is Algorand? (ALGO)

Discover the ins and outs of the Algorand network and its native cryptocurrency token Algo. What does Pure Proof of Stake mean and how does it differ from Proof of Work? The Algorand blockchain has a multi-layer protocol and we’ll explain the details of each and what types of cryptocurrency transactions fit into each based on the complexity of smart contracts. This Algorand review will also highlight how to earn crypto rewards and participate in Algorand project governance.

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Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Past performance is not indicative of future results.

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  1. ALGO in the near term will probably cap between $2.00 and $2.25, but mid term, when we're closer to all 10B ALGO's being in circulation, I think it will crack $30 to $40. I doubt it will ever hit Ether or Bitcoin levels due to the volume, but I wouldn't be surprised if it hits $120 or $130 once all the ALGOs are in circulation.

  2. You need to help new people learn about how to actually buy and save crypto. I did download the Exodus wallet to my laptop but I have no idea how to even buy crypto. I been wanting to buy crypto for the past week but have not yet figured it out. I would rather just write my private key and public keys with pen and paper in a note pad and just store it in a safe deposit box. I do not even know what Exodus fees are? Is the wallet free?

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