Is Algorand Destined for Cryptocurrency Stardom After 130% YTD Surge?

News BTC | Feb 21, 2020 at 5:00 PM
  • After two years of cryptocurrency bear market, altcoin assets are finally surging in value once again, but the best performers thus far are shiny new projects with much promise and hype such as Algorand.
  • But just as talk about Tezos and Chainlink couldn’t be avoided before their breakthrough performances, another altcoin is suddenly being hyped to similar extremes.
  • Whereas Ethereum is valued at $29 billion, Tezos at $2.5 billion, and Chainlink at $1.5 billion, Algorand’s market cap is a mere $250 million, suggesting there is tremendous upside if the cryptocurrency continues to take off.