$ALGO update. Macro factors and MMs taking crypto out to the woodshed. Cycles are over because political and institutional manipulation. This said, the handle is still holding up, for now.
$ALGO holders have been wanting AF cut, a business oriented leader, and a plan/pathway to get token-nomics under control, for years. You’re getting it. So quit complaining.
$NIGHT for those who didn't see my previous post on needing to hold support, which apparently no one or no one cared enough to acknowledge. Here's the follow up. So far so good.
third_deviation retweeted
If anyone needs a reminder why Algorand 👇
There is very little left not to like about $ALGO at this point:
1️⃣ Painfully bad early tokenomics are firmly behind us, with only ~9% of total max supply left to enter circulation.
2️⃣ While other blockchains are just starting to think about quantum resistance, Algorand is firmly the leader in this space, with the best people in place to stay that way. Algorand’s premier quantum security expert is Professor Chris Peikert, who serves as the Chief Scientific Officer (CSO). He is widely recognised as a global authority in lattice-based and post-quantum cryptography (PQC).
3️⃣ Very few, if any, blockchains can come close to Algorand regarding its decentralisation, coupled with its instant finality and no ability to fork or reorganise its transactions, while at the same time being able to handle 10k+ TPS irrespective of tx type.
4️⃣ 3.7bn+ txns and 65M+ blocks with zero downtime since inception in 2019! Remember, Algorand does not count failed txs or charge for them if they ever happen, as some others do.
5️⃣ Large corporates are already using Algorand, never mind the pipeline.
