✅ ALGO Tumbles After SEC Names It a Security – Investors Are Turning to These Viral Altcoins
✳️ The price of $ALGO, the native coin of a decentralized blockchain-based network, Algorand, has experienced a significant drop in value.
This happened after the U.S. Securities and Exchange Commission (SEC) classified $ALGO as a security.
At press time, the token is trading at $0.12, with a trading volume of $65 million, representing an 8.96% decrease in the last 24 hours.