Algorand Up 33% In 24 Hours: What’s Behind The Price Spike?

Algorand (CRYPTO: ALGO) is up over 30% over the past 24 hours, benefiting from bullish sentiment around altcoins.

Cryptocurrency Price              Market Cap 24-Hour Trend 7-Day Trend
Algorand (CRYPTO: ALGO) $0.3928 $3.2 billion +33% +71%
Ripple (CRYPTO: XRP) $1.73 $98.8 billion +18% +22%
Cardano (CRYPTO: ADA) $1.07 $38.3 billion +7% +20%

Trader Notes: Crypto trader Brandon Hong noted in a post on X on Friday that Algorand has surpassed its yearly high of around $0.31 …

Full story available on Benzinga.com