If Algorand ($ALGO ) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Algorand (ALGO) price prediction for 2024 is $0.4077. Comparatively, if unfavorable sentiment is triggered, the bearish Algorand (ALGO) price prediction for 2024 is $0.1549.
If the market momentum and investors’ sentiment positively elevate, then Algorand (ALGO) might hit $0.6. Furthermore, with future upgrades and advancements in the Algorand ecosystem, ALGO might surpass its current all-time high (ATH) of $3.28 and mark its new ATH.