Despite Algorand's promising TVL, is ALGO wavering? Decoding...
Algorand mentioned that the goal of this allocation is to contribute to ecosystem liquidity and support TVL growth. Its effects were quite quickly reflected on the chart, as evident from Algorand’s TVL growth in the last 24 hours.Though Algorand’s TVL increased substantially, the same can’t be said for the network’s fees, which fell over the past few weeks, according to Token Terminal. This remained true for the network’s revenue as well.
, ALGO’s price went down by over 16% and 4% in the last week and 24 hours, respectively. At the time of writing, ALGO was trading at $0.1902, with a market capitalization of $1.37 billion.Thanks to the price decline, investors’ confidence in
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cumberland residents remain optimistic despite rising water levelsResidents in Cumberland are facing their third flood in the last four years. River levels continue to rise and some streets are flooded. Despite the situation, some residents are not worried this time around.
Read more »
Cardano bulls remain strong despite the short-term losses, here’s whyThe 4-hour and lower timeframe price charts of many of the top 20 crypto assets were bearish, and Cardano was no exception. But its daily timeframe chart could entice buyers with a good risk-to-reward buying opportunity.
Read more »
Airline passenger was justified in removing mask despite putting passengers at risk, judge rulesA central Alberta man was justified in removing his mask on a Calgary\u002Dbound flight at the height of the pandemic, a judge said Wednesday.
Read more »
Airline passenger was justified in removing mask despite putting passengers at risk, judge rulesA central Alberta man was justified in removing his mask on a Calgary\u002Dbound flight at the height of the pandemic, a judge said Wednesday.
Read more »
Ontario man released on parole despite 'deeply engrained criminally oriented mafia family'\u0027You will not present an undue risk to society,\u0027 the parole board tells Joey Violi, despite concerns over his and his family\u0027s mob ties
Read more »