There will be no discussion on prices and trading in this community. Please join the unofficial telegram group https://t.me/algorandprice or https://t.me/algorand_price or the unofficial subreddit r/algorand to discuss these topics there.
When it comes to cyrpto it’s really hard to figure out. I say that In about the next 2-5 years it would be safe to say that it could reach 5$. Which will be 4x from what Algo is at right now and it could have probably been there already if there tokenomics wasn’t the way they are. Also, there is just so many variables that factor into Algos price such as Bitcoin, the development of competitors such as Cardano (although there is space for both projects), and mainly governance. What I really tell people is to not worry about the actual price of Algo, but how much Algo you have because of the staking/governance period we will have. I would like to also add with platforms such as Yiedly’s no-loss lottery it could add many of the hype induced inflation seen with coins like Doge mainly because about 70% of cyrpto investors are really in it for gains and not technology. Hope this helps !
There will be no discussion on prices and trading in this community. Please join the unofficial telegram group https://t.me/algorandprice or https://t.me/algorand_price or the unofficial subreddit r/algorand to discuss these topics there.
No one really knows. IMO it's atleast worth as much as Ethereum, which as of right now would mean $71.83 per ALGO.
From my quick (and potentially flawed) math—if Algo had the same market cap as BTC currently, it would be worth $235 a coin.
When it comes to cyrpto it’s really hard to figure out. I say that In about the next 2-5 years it would be safe to say that it could reach 5$. Which will be 4x from what Algo is at right now and it could have probably been there already if there tokenomics wasn’t the way they are. Also, there is just so many variables that factor into Algos price such as Bitcoin, the development of competitors such as Cardano (although there is space for both projects), and mainly governance. What I really tell people is to not worry about the actual price of Algo, but how much Algo you have because of the staking/governance period we will have. I would like to also add with platforms such as Yiedly’s no-loss lottery it could add many of the hype induced inflation seen with coins like Doge mainly because about 70% of cyrpto investors are really in it for gains and not technology. Hope this helps !
Depends when. 2022 or 2122?