3 Reasons to Buy Algorand
Created by Massachusetts Institute of Technology professor Silvio Micali in 2017, Algorand (CRYPTO: ALGO) is a relatively new player on the cryptocurrency scene. Algorand's main network was made public in mid-2019, giving this cryptocurrency network a total time in the market of only about a year and a half.
Sure, the cryptocurrency world operates at light speed. A year and a half might be a lifetime as far as cryptocurrencies or blockchain networks are concerned. However, the fact that Algo, the native cryptocurrency of the Algorand network, has grown to become a top-25 cryptocurrency by market cap (just under $12 billion at the time of this writing) is impressive.
As with other cryptocurrency networks, Algorand's purpose is to facilitate efficient and smooth transactions. However, investors note that this network has a number of other features that make it stand out among its cryptocurrency peers.
Source Fool.com
