Algorand-Preis steigt an einem Tag um 20 %, könnte im Januar 2025 um 150 % steigen

tldr; Algorand’s price is predicted to rally to $1 by Q1 2025, driven by a double-bottom pattern on weekly charts, signaling a bullish trend. The cryptocurrency recently experienced a 20% price surge and a breakout from a descending triangle pattern, with $0.32 as support and $0.6 as the next target. Algorand’s strong fundamentals, including superior quantum-proofing and potential cross-chain partnerships with Cardano and Polkadot, position it as a leading Layer-1 blockchain. The departure of SEC chief Gary Gensler may also positively impact Algorand’s recovery.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Plus the positive effects of the new rewards for running a node. I’d expect demand to increase leading into mid Jan rewards start as node runners accumulate, then an additional bounce when the public realizes that the new rewards increased decentralization (the biggest knock against Algo I often hear).

If increased decentralization doesn’t occur in the way that the Foundation would like, I’d expect them to propose new steps and refine their incentives to achieve their goal. 

As an ALGO holder….150% yeah, um, unlikely

Totally, now pass me that heavy shit