Algorand (ALGO), a cryptocurrency once hailed for its innovative Proof-of-Stake (PoS) consensus mechanism, has seen significant price fluctuations over the years. As 2024 unfolds, investors and traders are keen to know whether ALGO can recover from its recent lows and possibly reach the $0.30 mark by yearâs end. With recent market trends and upcoming events, such as Bitcoinâs halving, Algorandâs price trajectory is under the spotlight.·
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