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ALGO Jumps 10.95% in One Hour as Network Activity Rises

Algorand’s token reached $0.1388 amid a 17.13% 24-hour gain and roughly $7.2 million in trading volume.

Green metal tokens arranged upward on a sunlit stone plinth / TokenPost.ai
Green metal tokens arranged upward on a sunlit stone plinth / TokenPost.ai

Algorand’s ALGO token rose 10.95% in one hour to $0.1388 on Oct. 8, as increased network activity coincided with a sharp rise in trading interest.

ALGO climbed from $0.1251 to $0.1388 during the hour. The token was up 17.13% over 24 hours, while its daily trading volume reached approximately $7.2 million.

The day’s low was $0.1154, highlighting the wide trading range during the move. Rising transaction activity across the Algorand network added to attention around the token’s price action.

ALGO’s move stood out as broader crypto-market activity remained mixed.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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