Algorand (ALGO-USD) price predictions are worth checking on Thursday as traders react to positive news from the crypto.
First up is the company behind Algorand adding Michele Quintaglie to its leadership team. Quintaglie is a former communications executive at Fidelity Investments and Visa. She will serve as the CMO of Algorand and work to build up the brand.
Investors in ALGO will also note that its blockchain is seeing incredibly heavy use. That includes more than 6,000 transactions per share, which is massive when considering Mastercard (NYSE:MA) covers 5,000 transactions per second. This has the crypto continuing to perform well even during the crash.
These latest bits of news have investors taking note of ALGO. As a result, heavy trading volume is underway today. The increase in trading volume over the prior 24-hour period is sitting at about 161%.
Keeping all of this in mind, let’s go over the latest ALGO price predictions below!
Algorand Price Predictions
Starting off our...
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