Gotta say this is tempting. So is proof of stake possible to compete with PoW? Economically I understand this just makes the existing holders constantly wealthier. Also there are pre-sales, etc. So, kind of a scam.
On the other hand, the tech is pretty cool and transaction fees super-low. So this seems pretty competitive.
Drew like 3 pitchforks on this chart, IMO if Algo breaks out from here it could be a big winner, otherwise I'm looking at the 20 cent range.
Feel free to correct me or enlighten me on any of this.