ALGOrand Trending +12% Signals Continued Growth

After my earlier post on ALGOUSD strong performance, we are seeing some beautiful trending action in the Algorand markets today.

Algorand was founded in 2017 by Silvio Micali, a computer scientist and professor at the Massachusetts Institute of Technology (MIT).

algorandtechnologies.com/our-founder/

Silvio Micali is one of the world’s foremost authorities on mathematics, computer science and cryptography. He is the founder of Algorand Technologies, the builder of the Algorand blockchain, which today is widely acknowledged to be one of the best performing Layer 1 blockchains ever created.

Silvio has helped pioneer many of the breakthrough technologies that help power blockchain today. He is the co-inventor of probabilistic encryption, Zero-Knowledge Proofs, Verifiable Random Functions, and many other innovations that are the foundations of modern cryptography. He holds a total of 47 patents in the fields of random number generation, identification schemes, digital signatures, cryptography, digital certificates, and electronic transactions.

Silvio has been awarded the Turing award for computer science, the Godel Prize for theoretical computer science, and the RSA prize for cryptography.

Algorand ecosystem is very fast as you can see by the transaction speeds when using ALGO wallets like Defly and Pera. Both provide access to a wide range of Web3/DeFi platforms and tools, such as Meme Coins, NTFs, Algorand domains, swaps, and liquidly pools on platform Tinyman v2.

ALGOUSDT isn't just a trending crypto, it is a DeFi ecosystem that is faster than many others out there like Uniswap and Phantom. Uniswap often laggs during swaps, and some swaps do not complete at all and stay in pending state forever. Some tokens cannot be sold because very high cash out fees or low liquidy in a token that has already been cashed out by other Rug Ninjas and Solana scalpers. Similar issues were experienced on Phantom - tokens that can't be sold after buying, high sell fees that make it impossible to cash out after a buy. Phantom is less sketchy than Jupiter, but when you are trading in the world of Algorand, I have not experienced any of the problems that I have had with Uniswap and Phantom as described above. This leads me to have greater confidence in the long-term growth potential for Algorand which puts more than a step ahead than competing and slower platforms like Uniswap, Phantom, Solflare, and Jupiter.

Defly is a superior DeFi experience, not just a wallet and a token.

The easy access to Liquidity Pools on Tinyman v2 is really what sets Defly above other wallets and DEX tools. It becomes possible to invest in a liquidity pool using a wide variety of tokens trading on Algorand, such as MOG, MONKO, Terabro (BRO), mALGO, TINY, DEFLY, Orange (ORA), PANDA Chain, Death by Disentary (DOD), BASILK and more.

• algorand.co --> HQ
  
• defly.app --> Trade
  
• app.tinyman.org --> Stake + Pool
  
• app.nf.domains --> ALGO Domains
  

Get into the action with Algorand trading on Defly and see for yourself how fast the transaction speeds really are. Highly recommended!

Remember habibi, the desert tests your will, not your strength.