Does Algorand have coins?

Introducing the Algo – possibly one of the most important, native tokens ( coins ) in the world of cryptocurrencies today. The Algo is the native token of the Algorand blockchain . As such, the Algo has all the key features of the Algorand blockchain itself.

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Is AXIE long term?

This dynamic is not optimal long term . In the long run there will be upgrades to Axies, Land, and other assets that will require crafting ingredients. Axies themselves may be “released” to obtain these crafting ingredients or unlock upgrades. This creates a long term supply sink to the Axie population.

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Can Algorand reach 1000 dollars?

There is high possibility of Algorand not reaching 1000 USD mark before 2022 if crypto market crashed . The supply of Algorand’s native cryptocurrency, ALGO, is capped at 10 billion tokens, created at the time Algorand launched in 2019. Many of those coins are locked up and have yet to be distributed.

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