[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 54 KB, 1200x627, BC1C6BBA-8635-4908-9520-C7468F823FC3.jpg [View same] [iqdb] [saucenao] [google]
18875351 No.18875351 [Reply] [Original]

I don’t hold any ALGO, but I would like to know why it’s so undervalued considering it’s recent accomplishments? And if this is a good buy at the moment(Near it’s All Time Low)

>> No.18875520
File: 75 KB, 1400x440, 9CAC9006-655C-42AD-A3DE-8FA3FDB3E4EF.jpg [View same] [iqdb] [saucenao] [google]
18875520

>>18875351
*Cough *cough

>> No.18875832

>>18875351
ALGO and ARPA are both the best buys on Binance rn

>> No.18875930

>>18875832
buy where?

>> No.18875958

>>18875930
sorry it was literally in the post... just woke up

>> No.18876062
File: 82 KB, 936x960, 5e4dzdrpibux.jpg [View same] [iqdb] [saucenao] [google]
18876062

>>18875351
>implying that this absolute shitcoin is deserving of its own General thread
GTFO of here retard faggot

>> No.18876455

>why undervalued

Market Cap
$149,288,138 USD
16,577 BTC
Volume (24h)
$47,788,814 USD
5,306 BTC
Circulating Supply
715,168,108 ALGO
Total Supply
3,246,439,951 ALGO
Bigest acomplishent partnership whit world chess organisation

>udervalued

>> No.18876745

>>18876455
Man, you've made me laugh so much that I'm actually debating whether I should sell my ALGO stack for more DGB just because of you. World chess organisation, lol

>> No.18876756

>>18875351
Stop naming shit coins to sell to mentally weak people

>> No.18876943

>>18876756
Founder is a Turing award recipient which is the most distinguished award to receive in cpu science. So that should be taken into account when calling it a shitcoin. He is more credible than most in crypto. Not even sure if anybody else has one an award that prestigious in crypto.

But the tokenomics are shit so yeah

>> No.18876967
File: 64 KB, 600x321, Silvio2.jpg [View same] [iqdb] [saucenao] [google]
18876967

>> No.18877824

>>18875351
Anon, let's compare two cases.
Chromia is at 8mil mcap and has Swedish and German governments building green investment platform (170bil market in 2017, will be way bigger after corona crisis) on their chain. This is an undervalued coin.
Algo is is at 150mil mcap andthe most hyped thing they have so far is currency for almost non-existent state of Micronesia. How the fuck is that undervalued?