Algorand Token is another fast rising coin in the cryptocurrency market today.
On this article, we are going to review Algorand.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
Algorand builds technology that accelerates the convergence between decentralized and traditional finance by enabling the simple creation of next generation financial products, protocols and exchange of value.
There are 3.12B ALGO in supply.
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Pros of Algorand
- A lot of investors are ‘flocking’ to invest
- It is now listed on Coinbase
- They are fully decentralized
Cons of Algorand
- The coin is still under development
- Multiple issues with its synchronizations between ledgers
Is Algorand Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear and most have also given up.
According to research, Algorand is not a scam coin. It has been listed on top cryptocurrency wallets like Blockchain, Binance and lots more.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Algorand on the comment section below. Don’t forget to rate and leave a review.