axelrodd

How undervalued and surpressed is Algorand? Not very, extremely

Long
axelrodd Updated   
BINANCE:ALGOUSDT   Algorand / TetherUS
When comparing Algorand to a few other altcoins, I can't help but think, why on Earth is Algorand holding back so much? When Analyzing all these Alts and even though their tokenomics vary to a great degree, I've noticed band's chart looks extremely similar to that of Algo's up until mid April of 2020 only Algo is taking much longer than any other alt. This begs the question, why is the price being surpressed so much?
Comment:
XRP is about to reclaim it's throne as the all time king of the worst performing Altcoin of all time. No way Algo will hold that title for much longer.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.