Algorand Trades at $0.1070 as 24-Hour Range Spans 3.7%

Algorand (ALGO) traded at $0.1070229 at 7:11 a.m. ET (11:11 UTC) Oct. 23, down 2.29% over the previous 24 hours.

ALGO/USD traded at $0.1070229 on Binance at 7:11 a.m. ET (11:11 UTC). Its 24-hour range was $0.106001 to $0.109953, a spread equal to about 3.7% of the quoted price. Both endpoints round to $0.11.

The previous day’s separate ALGO price snapshots ranged from $0.108 to $0.1137, but they did not establish a single synchronized quote.

ALGO is Algorand’s native token. It is used for network transaction fees, transfers, decentralized finance, governance and participation in consensus.