Learn More About Algorand And Our ALGO Price Forecast
Want to find out the Algorand Price Prediction for 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2023 to 2030, which we try to update regularly.
Additionally, you can read more below for the Algorand Price Analysis, ALGO Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
|LATEST UPDATE: 11/14/2021|
Algorand History (About ALGO)
Algorand claims to be the fast, secure, fully decentralized, and scalable blockchain we have all been waiting for.
Its founder, Silvio Micali, is a recipient of the Turing Award for his work in computer science, a Gödel Prize in theoretical computer science, and an RSA prize in cryptography.
In addition to this, Micali has also been employed at MIT’s Electrical Engineering and Computer Science Department since 1983.
Accordingly, he has led a career specializing in cryptography, zero-knowledge protocols, pseudorandom generation, mechanism design, and blockchain technology.
The crypto community immediately began to notice once people became aware of the credentials of Algorand’s founder.
Algorand Price Analysis
Getting listed onto exchanges back in June 2019, Algorand had a rollercoaster of an entry.
Launching at $1.60, it set an all-time high of $3.17 overnight before again receding to $1.41 within a further 72 hours.
If that weren’t volatile enough, ALGO would descend to as low as $0.10 by March 2020.
Yet, like a rollercoaster, the trajectory would eventually reverse, and from $0.10, Algorand climbed back to $1.67 by February 2021.
Afterward, a steady decline would grip the entire crypto market moving forward, yet fortunes changes once again in July.
After falling to $0.70, ALGO would again reverse this pattern, reaching a height of $2.38 by September.
Currently, ALGO is battling around the $2 region. But, how does it look for the rest of the year?
Algorand Price Prediction/Forecast for 2023, 2024, 2025 AND 2030
We predict future Algorand short & long-term price predictions/ALGO forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Algorand price data from the past. We work hard to collect as much historical data for the ALGO coin as possible, including multiple parameters such as past price, Algorand market cap, ALGO volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Algorand price analysis charts, historical data, and more, click here!
Algorand Price Prediction 2021 (ALGO Forecast)
Looking at the daily chart, we can see ALGO is currently on the positive side of its MACD and MA Cross.
In addition to this, Algorand is presently trading only slightly about its RMA. Collectively, all of which suggests we may see ALGO’s price increase before the end of the year.
Assuming the Bitcoin market continues to rally, Algorand could end the year anywhere in the $2.50 to $3.50 region, as ALGO looks to challenge its all-time high.
Algorand Price Prediction 2022 (ALGO Forecast)
Progressing through 2022, we can see Algorand initially exceeding its all-time high, perhaps climbing to just under $4 before a market-wide recession begins to unfold.
From $4, we could see Algorand retreat to as low as $1 once the bear market ultimately takes hold.
Algorand Price Prediction 2023 (ALGO Forecast)
Luckily, Algorand is a project known for working away behind the scenes regardless of its current token price.
Suggesting, despite having such a low market cap with such strong fundamentals, we could see Algorand slightly defying the market during this time.
Perhaps even recovering to $1.50, as the rest of the market continues to fall.
Algorand Price Prediction 2024 (ALGO Forecast)
In contrast, we expect the whole market to begin to rally in 2024, with the top projects getting scooped up early.
Accordingly, we believe this will likely include a project such as Algorand. Due to this, we can see Algorand’s price reclaim $3.50 during this period.
Algorand Price Prediction 2025 (ALGO Forecast)
Furthermore, we expect to see Algorand continue this positive price action in 2025, where our analysts believe a climax of $7 could be achievable.
Algorand Price Prediction 2026 (ALGO Forecast)
Assuming trends continue, 2026 will likely see the beginning of a bear market. We can see ALGO dropping to as low as $4.50 in the wake of this price correction.
Algorand Price Prediction 2027 (ALGO Forecast)
Providing these historical trends continue as they have done before, it is likely 2027 will be a bad year for the whole crypto market.
Again, this is because historically, the year before the Bitcoin halving is typically a low point in the crypto market.
Alternatively, this typically presents a good buy-in opportunity for those looking to enter the markets.
During this time, we predict a further slide to around about $4.
Algorand Price Prediction 2028 (ALGO Forecast)
Sometime throughout 2028, we should see another bull run.
Presuming Algorand only continues to improve over time, we can see ALGO reaching as high as $8 in preparation for the next price spike.
Algorand Price Prediction 2029 (ALGO Forecast)
Through 2029, we could expect to see Algorand finally break $10, with our analyst giving ALGO a high of $12.
Although this may seem high initially, achieving this aim wouldn’t exceed Cardano’s current market cap.
Considering this, we don’t believe this to be an unrealistic expectation for the project.
Algorand Price Prediction 2030 (ALGO Forecast)
Lastly, in 2030, we expect to see the market enter into another recession. With it, we believe ALGO will fall to somewhere around $7.
Algorand (ALGO) Price Prediction Chart
|Year||Predicted Year Low||Predicted Year High|
Algorand (ALGO) Overview
|Based On||Pure PoS|
|All-Time High||$3.28 USD|
|Wallets||Trust Wallet, Myalgo.|
|Exchanges||Binance, Coinbase Pro,|
Huobi Global, Kraken,
BitMax, Gate.io, Hoo,
Kucoin, HBTC, Bitfinex,
Occasionally, they call Algorand the Google of layer-one blockchain protocols.
That is because Algorand’s stellar team behind the project continues to work regardless of the token price, similar to how Google functioned before the dot-com crash that eventually led to their dominance.
While Google’s competitors, such as Netscape, AOL, and AltaVista, dominated the news as the go-to internet search engines and email providers of choice, Google was quietly working behind the scenes to develop the best tech for the internet age.
Utilizing this strategy, Google rose from an unknown start-up to a world leader in the internet space.
Algorand appears to be following in these footsteps. It doesn’t matter what the price is today, as Algorand is developing for the future.
We believe Algorand will be one of the projects that will be with us for a long time.
Presuming the company behind the project doesn’t suffer from any mismanagement, we predict the price will only continue to increase throughout the years.
Algorand receives a 4-star rating from us. What are your price predictions on ALGO? Leave your rating and comments below!
1. What do we expect the highest price forecast for ALGO to be for the year 2022?
We expect the Algorand price to reach a maximum level of $4.07 in 2022.
2. How high can the price of ALGO go?
In 2026, we estimate that the coin will easily reach around the $4.56 mark. However, in 2029, our ALGO Price Prediction for 2029 is $12.23, which we believe will be its highest peak.
3. How much will Quant be worth in 2030?
Our Algorand price prediction for 2030 is around the $7.07 mark.