# Algorand Trades at $0.1070 as 24-Hour Range Spans 3.7% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/38919 Published: 2026-10-23T11:25:00.000Z Updated: 2026-10-23T11:25:00.000Z Section: Investing > ALGO was down 2.29% over 24 hours at 7:11 a.m. ET (11:11 UTC) Oct. 23, with a Binance range of $0.106001 to $0.109953. 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. ## Links in this article - [separate ALGO price snapshots](https://www.tokenpost.com/news/investing/38406)