# Algorand (ALGO) Jumps 7.13% in One Hour to Reach $0.1398

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27933
Published: 2026-10-08T10:08:30.000Z
Updated: 2026-10-08T10:08:30.000Z
Section: Investing

> The token’s move was measured from Binance spot prices at 6:07 a.m. ET, while same-hour liquidations totaled $130,000.

Algorand (ALGO) rose 7.13% in one hour to $0.1398 at 6:07 a.m. ET (10:07 UTC) Thursday, extending a sharp short-term move in the token.

The increase was calculated from publicly available Binance spot ALGO/USDT prices, with ALGO rising from $0.1305 one hour earlier. The figures reflect TokenPost’s direct market collection and calculation at the stated time.

Liquidations across Binance, Bybit and OKX during the same hour totaled $130,000. Long-position liquidations accounted for $50,000, while short-position liquidations reached $80,000.

Algorand ranked 72nd by market capitalization at approximately $1.25052 billion. No confirmed cause for the move was provided in the available market data.