Algorand Jumps Over 20%, Leads Top 100 Crypto Assets by Market Cap
According to crypto.news, Algorand (ALGO) reached an eight-week high of $0.105 on Wednesday, making it the strongest performer among the 100 largest cryptocurrencies by market capitalization.
ALGO
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Terms & Concepts
- Market capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by the circulating supply.
- Algorand: A blockchain network designed for digital assets and applications, aiming to offer fast transactions and scalable infrastructure.
- Crypto asset: A digital asset that uses blockchain technology, including cryptocurrencies and related tokens.