# Algorand Drops 4.3% in One Hour to $0.1338 on Binance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27969
Published: 2026-10-08T11:09:06.000Z
Updated: 2026-10-08T11:09:06.000Z
Section: Investing

> ALGO fell from $0.1398, while long liquidations reached $90,000 across three major exchanges.

Algorand (ALGO) fell 4.29% in one hour to $0.1338 at 7:07 a.m. ET (11:07 UTC) Oct. 8.

ALGO dropped from $0.1398 to $0.1338 during the hour. The price was measured from Binance’s ALGO/USDT spot market using exchange data collected directly by TokenPost.

Long liquidations totaled $90,000 across Binance, Bybit and OKX during the same one-hour period, while short liquidations reached $10,000.

Algorand ranked 72nd by market capitalization at about $1.22076 billion at the time of the measurement.