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What Algorand’s curious price trajectory says about the altcoin
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With Bitcoin and Ethereum consolidating as some altcoins see impressive rallies, many in the market are looking at this as the start of the altcoin season. Over the last few days, tokens like Avalanche, Decentraland (MANA), and Crypto.com Coin have been among the market’s biggest gainers.
On the other hand, Algorand has been tempting the market with higher gains, presenting a rather curious price action.
Algorand’s price too seemed affected by the larger market sell-off. Its price dropped by
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