ALGOrand Action Continues

il y a 6 jours

Today we see some action in the ALGOUSD market that started a few hours back. There looks to be still positive entry opportunities here for continued growth.

algorand.co/

What is happening with the project?

"Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees."

We like low fees and quantum security as I did recently read in a scientific journal that a Quantum Computer was used in China to hack blockchain related technology. Something to be aware of in the future with increasing reliance on AI-enabled tooling.

Stay tuned for continued action and get those orders in.

Remember Habibi, real Kings don't buy at market price, we use proven strategies based on solid technical research.

The desert tests your will not your strength.

il y a 5 jours

Note

After taking some time to research the ALGOrand ecosystem, my main question is - why does Algorand need its own wallet providers? They have a few: Pera, Defly, and some web based extensions... but why? The market for crypto wallets is already full of competition, so why the need for a ALGO specific wallet ecosystem? If anyone knows more about this, let us know in the comments!

avant-hier

Note

Algorand has been staying at decent prices, mostly going sideways during consolidation recently.

Well, until right now, there is a giant selloff for someone who had the magic number 0.4100 on their massive stop limit. No worries habibi, the trend momentum appears strong and the market is large cap so no kitty meme raiders are going to steal your bags here.

Stay tuned, might be an. interesting day to trade ALGO - after this selloff is over and we get back into positive territory. Or if you are going long, good entry opportunity but I would be conservative on placing orders until we see a definite indicator of return to +++ as selloff could continue, looks like its going up slightly and the MACD 15m looks to be on the rise.

Remember habibi, never look for financial advice in camels ass.

avant-hier

Note

beincrypto.com/algo-data-points-to-correction/

avant-hier

Note

ns3.ai/en/PWqMMm7gqA

^NS3 is part of Assemble AI (ASM)

avant-hier

Note

Additional research on the Algorand project and ecosystem has revealed a very interesting real-life application of blockchain technology to provide timely financial assistance to disaster victims in the United States, where they are constantly seeing hurricanes and flooding in the southern states.

algorand.co/blog/hundreds-of-americans-recovering-from-disasters-in-florida-mississippi-received-cash-based-aid-within-24-hours-directly-to-their-phones

avant-hier

Note

Selloff continues. Currently down ALGO -9.73% on Coinbase. Trading around 0.3746