Is Algorand a good investment 2021 Reddit

Indeed, Algorand (ALGO) is a good investment for the long term . It is also necessary that you do your own due diligence before you invest in any project and see the forecast for price. The Algorand forecast reveals the expected long term maximum price to hit $4.6 mark by 2025.

Algorand is an excellent bet for 2022 because of its relatively young ecosystem. As developers build more applications on Algorand’s blockchain, its valuation can easily double or even triple this year.1 Oca 2022

Algorand is a good investment in 2022 , due to its superior technology, a large ecosystem of partners and wast number of use cases. However, it’s not better than Bitcoin or Ethereum. Therefore, cryptocurrency investors should consider investing their capital in Ethereum or Bitcoin before investing in Algorand.23 Oca 2022