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I hold Algorand and not sure if I should buy these low prices or just hold and accept its over ??

It is currently at its lowest price in 3 years and almost at its all time low.

The SEC labelling it a security has put a lot of fear into everyone.

Does it have a future or is it over?

There is nothing much over here what you should do now is to utilized this chances of the bear to fill your bag, i don't believe Algorand would be dead in that manner. I guess it will recover but for me if you are holding enough volume of it there is no need buying more instead you may buy other altcoin which you think are likely to give you some good profits within the next 8 months to 1 year.

The Securities and Exchange Commission (SEC) designation of some altcoins as a security has led to a significant drop in the price of these altcoins, Algorand among them.

I think Algorand could come back up in bull season, so my opinion is that since you've been holding it for a long time, wait a bit until bull season.

Because its bear market now and expect no tokens and coins can moves like jagger. Algorand is one of the top projects, and even SEC got some statement about these securities nothing can stop the bll when its there. The only coin that worth watching is bitcoin, since altcoins depend on this. Once btc reach an uptrend direction regardless of the fud on the different altcoins then its gonna be unstoppable.

I last bought some Algorand at $0.14 which I thought was a fantastic price at the time but it just keeps going lower!

I will not sell, will hold for now and buy more if it falls down to $0.11 which would be near its all time low.

I believe in Algorand and if it does get through this it can see great returns next bull run

Sincerely speaking, whatever project that has involved SEC monitoring doesn't grow that much because there is fear, people might think is the end of the project. What i also noticed here is because of the bear so most of the altcoin are affected so why not make another choice being that you already holding some Algorand though i don't know how much you stored in your wallet considering what few poster earlier said to focus on bitcoin since the is the mover of the market and it quickly bounces back to it feets than altcoin. At hard time like this the best option is to hold tight on bitcoin and few reliable altcoin.

In my opinion, even though Algorand is mentioned by the SEC that the coin is a security,
Algorand will have no impact because the SEC is not suing Algorand, but suing Binance, so don't worry,
Algo is still traded on other top exchanges besides Binance, Algo's market cap is still high, don't worry.

I have been thinking about which coin to invest all my money in. I will invest some money in some good coins. But if I invest all my money on one coin then I will get very little profit. So some good coins.  After choosing, I will invest and wait when the price will increase, then if I can sell, there will be a possibility of a lot of profit.

Within the tumultuous seascape of cryptocurrency, the storm of instability is the lifeline we clutch onto, wouldn't you say? The predicament you're grappling with regarding Algorand echoes across the crypto cosmos in this era of relentless disruption. The seismic shockwaves sent by the latest SEC verdict certainly upset the apple cart. Algorand finds itself in the eye of the storm, inducing a collective, nail-biting suspense among all.

Yet, one mustn't mistake this narrative. The branding of Algorand as a security isn't the mortal blow you might perceive it to be. There's a whole plethora of securities that shine in the marketplace. The real pivot of discussion is the inherent usefulness and worth of the asset at hand.

This transient plummet might seem merciless, yet recall the genesis years of Bitcoin. It danced its own waltz of peaks and troughs before it found its stride. Thus, the question of Algorand's mortality or survival lies largely in the beholder's gaze. If faith in the project remains unwavering, this could very well be a golden opportunity. However, remember, in the unforgiving world of crypto, guarantees are elusive as shadows.

That describes the potentiality of the said project and seems nothing it shows.
Therefore, we don't have to expect a miracle to happen in this project because that was impossible. I would tell you that it helps you to just forget and never mind it as this is the result of investing shitcoins because we thought that buying cheap coins would give us huge profit but unfortunately, this will give us huge losses and disappointments. I have had this experience before and so I can feel of being disappointed by expecting something huge.

Hold and accept that it will make new ATH. The SEC labelling is just a clown stuff and I think if they won't respond on the rulemaking petition from Coinbase then it's likely a personal thing that he's into anit-crypto. When Gary was still on MIT this wasn't his approach towards crypto, he's more like pro-crypto. Algorand has a future considering it's one of the top compliant for ISO 20022. DYOR!! The SEC suing big exchanges and labelling some crypto as security was likely a FUD.

What is the definition of "dead" for you on crypto?

It's because of the price? or because of the development, progress, and activity. What, I can see from social media @Algorand they are still active right now and the development are still getting develop.

Just because the price are shit doesn't mean they're dead. Dead meaning, the project are being abandoned or the token/coin no use-case at all  & for price is not guarantee at all.

Dead as in it will not recover.

I am still holding and will buy more if we go lower

Are you someone who has just entered the crypto space @JamesDaniel90 ?, If not, you should already understand how cycles in the crypto space work. When conditions are good, there will always be news that isn't pleasant to hear (this is part of the cycle), so don't worry. I mean, never mind what happens to $ALGO because of bad news from the SEC.

If I were you (and believed in $ALGO), I would start my accumulation at this low price. I'm not really into $ALGO and don't know much there, but I have an article that might help you understand what the future holds for $ALGO. Here is: Algorand Price Prediction 2023-2032: Is ALGO a Good Investment? (https://coinmarketcap.com/community/articles/64812cba8e52bc5e90e9a8ed/)

It doesn't have future. I will not count annoucenemtn that already made by SEC as the main problem for algorand. The main problem is about algorand had so many competitors and people have been starting to leave from there.
that was making me feel doubt with it. That's why im thinking algorand has no future.

I have been in crypto just over a year and now understand the cycles however Algorand really has been battered one of the worst performers out of the top altcoins so was just wondering what everyone else was thinking.

Hopefully we can stay in this price range for another month or so which will allow me to bag a few thousand ALGO at a very good price and bring my average down.

If the price of a token goes all time low, it doesn't mean that it's dead. We are on a bear market and it is expected to encounter such tokens that will fall lower than you expected. Along with the SEC issue which makes coins go down really hard, you can check them if they are still fighting SEC and if they are still continueing their promise developments. A project that still develop no matter what kind of situation they are in is not dead IMO. They may be performing low or full of FUD but atleast they still develops. We can see on thr bull run if they are not worthy investing.

You must be feeling worry with your investment in this coin. There will be more vesting to be unlocked soon. The team was also holding so many tokens. It may go even lower. From 17 millions address registered in algorand blockchain and there are only less than 50k wallets are active in the blockchain which has been showing how people are massively migrating to the second layer solution.

https://messari.io/asset/algorand/metrics/all

If you have been deciding to buy more when it was reaching another all time low and good luck for you. If i were you and i will try to focus in another blockchain.

The trend is always changing so fast. Algorand can't even follow it.

It depends on the people or developers behind it, if they succeeded in maintaining it value in the market this may just but only be the best avenue to make money with huge profits if you can hodl and buy the dip the more, there will definitely be a time coming sooner or later where the market will rise back and you will by then make some good return from your investment, but always have it at the back of your mind that cryptocurrencies takes risk on investment, some may go down and never recover again if it went liquidated i will advise you engage more and deeper research.

When the price is lowest, the fud will be hardest. If you really believe in it, turn off news and don't listen either hype or fud. Listen to yourself. Coin isn't over just because SEC says it's a security, it just changes how it's been traded. Also XRP has been a security for 2 years now according to SEC. Has it died?

When times are hard you need to have a thick skin. And you do realize that this has been hard always. People are wondering why everyone didn't buy in the bottom before. This is why. It's hard to believe  in the future when everyone is shouting that cryptos are dead. Those who believed made lots of money.

No one knows what will be the future of it. Of SEC is pulling an issie on it then there is  nothing much you can expect from it. Remember when there is the SEC case against Ripple?

XRP never pumped again and even we have been through the bull cycle, it didnt changed anything on it from what many have expected about it of not doing much because of the SEC.

With Algorand, I don't know with it but if you think that it is having the same process as what I am mentioning then, that is it.

The future of Algorand, just like other cryptocurrencies, is uncertain and relies on factors like technology, adoption, market conditions, and regulation. While the SEC calling it a security might create worries, it doesn't mean the project is doomed. When deciding whether to buy at a low price or hold, it's crucial to assess the project's fundamentals, team, partnerships, and adoption. Market prices are influenced by various factors, and a low price doesn't guarantee that the project won't recover or experience growth in the future.

Like I said before, mate. Don't worry about the assets you have right now, because we're really going to see the answer to all of this when halving Bitcoin in the next year. $ALGO is indeed one of the worst at the moment, but this happens in almost all altcoins, you can check on Cryptobubbles (https://cryptobubbles.net/), even new L-1s like $SUI and $APT also experience the same thing as $ALGO.


Yep, I hope so guys, I'm also accumulating $SUI at the moment, I think this is the right moment. when people panic, we buy. And when people buy, we sell.

Every cryptocurrency has a future if it's in the market and getting good daily volume and market cap. But, to save yourself from the stress I believe it is better for you to sell the Algorand and invest in BTC or altcoin that's doing things right in this current bearish market which was influenced by SEC naivety.

In my opinion, it is definitely one of the stronger altcoins with a real project and infrastructure behind it. However, to be honest, I would not buy more.

What is the reason for your investment first, if the same reasons are available, then buy more, otherwise do not sell and sell when a profit occurs, bearing in mind that such currencies may die.
SEC labeling will have an impact in the medium term, but if its work is good, the price will increase in the future, and we can infer what happened with Ripple. After the lawsuit from the SEC, the price decreased by 30% and returned again after several months.

SEC vs. Ripple - Cryptocurrency (https://www.investopedia.com/sec-vs-ripple-6743752)
Algorand was a promising project, but I believe that many competitors have pulled the rug from it, so I do not expect it to give a positive return in the future.

You've probably done your own research as well, for me any crypto has volatility (stablecoins excluded) and in the case of Algorand I feel it's still a potential altcoin in the market. school. There are special or limited features appearing at the same time, but over time seeing it increase in price won't be difficult. Maybe the current general phase of the market is filled with negative news, but accept everything because that's what happens in any market.
If you hold Algorand with a long-term investment strategy, a falling Algorand price may not be too much of a concern, as long as you remain confident in its potential for the future. However, if you decide to purchase more Algorand for the time being, make sure you have done thorough market research and analysis before making your decision. Note that financial analysis can help you get a better overview of the viability of your investment decision in Algorand, however, no analysis can guarantee the outcome of your investment.

The project hasn't updated its ATH in 4 years, but it has updated its ATL, which is a bad sign. I would stay away from such a token if you are considering it as a long-term investment. It's not worth it. For trading or medium term investments it might be good enough. But I wouldn't buy it now, there is a good chance that it will update its ATL more than once.

Well, I'm quite making profit from it through swing trades so i guess it is still good. But not as good as it suppose to. If you have holdings of it and you're down with more than 50% then I guess it would be better to just continue for the benefit of the doubt than to permanently cut the loss. However if it is because AGLO is your prosepect which concerns you whether it is dead already or not, I'd say choose other coin 'coz there are many to choose from.I have this five month rule wherein I am checking if there is a satisfactory recovery of a token which is down for a period of time. If there's no huge increase or if it doesn't go long with spikes on major tokens, I think it would be risky to engage with. But ofcourse that is different from a coin being actully dead, as others have said.

The dump in Algorand is really terrible because it is -96% of the All time high and has not yet reached the new all time high in altcoin season 2.0,
if analyzed according to fundamentals it will be difficult for Algo to reach $ 3 or even $ 7 because the max supply is up to 10 billion,
if Algorand don't have a large number of burn events then the algo will really die.

https://www.talkimg.com/images/2023/06/10/AROmd.png

The price is far from their ATH. I think it's very difficult for ALGO to recover. They have a max supply of 10 billion which means they still have 3 billion coins that are not on the market yet.
I believe ALGO is a good project but the SEC has complicated the situation. What ALGO has to do is follow SEC regulations like ImToken has done and they are recovering slowly.

This is not the first time that SEC call a crypto a security. I remember it also happened in XRP but look at XRP now. It is still there and there is a chance for it to recover maybe when the bull run comes. For Algorand, people should not worry as well because I think it was a solid project. SEC is only trying to spread FUD. They want people to be scared with crypto because they didn't really liked it and they will be glad when all cryptos die.

Buying at a low price is not enough but they also need to follow the things that you have given there. Not all coins that are in low price are guaranteed to recover but many of them are dropping because they are now close to their end.

To be honest, ALGO was once one of the favorite altcoins at the time, but luckily it didn't last long. Actually this is one of the promising altcoins and is considered to have a promising future. However, indeed the crypto market is sometimes not okay and too hard. Not all altcoins survive. And not only Algo, but all altcoins, even Bitcoin, are also currently experiencing serious problems with the market dropping very far. This will test how appropriate these altcoins are to continue to survive and develop later.

You know, even I still have more than 10 shit coins that have become ashes, or dead coins. because they really don't have volume in the market anymore, in fact most of them have already been delisted.

The chance would be on the next bullrun or uptrend problem is, as we all know, there's no guarantee on such thing. So if I were one of those who are targetting this coin to invest, I think it would be better to enter during 'motion' than to make a guess at its bottom. If there's again a huge volume or perhaps the msrket price is 50% away from its ATH, I think it would already be a good entry point but if it won't be able to close the gap then that should give us a doubt. Also, we should not be limited into it. There are many to choose from which are showing better market price behvior which also shows better potential.

I highly doubt that it is dead already gigen that there's still volume but not as high as we knew about it. It could be taking its time to recover so holders should still have hopes. But as others have said, to those who are planning to engage bevause of its ATL, I tjink moving to other options would be a better idea for now.

This rule doesn't always work, but at the same time the token can be attractive for investment and subsequent hold. The thing is, it all depends on when you start counting down those 5 months. If you are in an early bear market, then 5 months is extremely short to find a good entry point, but if you start counting during a bullish cycle, then any shitcoin can show temporary good results there. 5 months means nothing and that, in my opinion, is not the correct methodology for altcoins. I tend to pay attention to global support levels. If a token confidently holds a support level for a long period of time, that is a good indicator for investing and finding a good entry point.

This is interesting, what do you think is the definition of "dead" in the world?

Could this be because the price is dropping? or because the development begins to decline, both from progress and activity. What I see from their social media (ALGORAND) they are still very active, even their NFT is still very active until now and many things have been developed, even though Algorand had avoided problems due to hacking yesterday but its development is still progressing until now.

I think the downward trend is not only limited to algorand, as we know almost all cryptocurrencies are currently experiencing the same conditions.

it is a risk if you invest in altcoin projects based in America such as XRP, Algorand and also Binance,
but Algorand is very different from the two coins, because Algorand already has a large supply and is in the top 100 altcoins which currently still has a negative ROI,
So if you start investing now, I think the risk is small, but if you invest when the ALGO price is above $ 4, it will be very difficult to recover.

you said that this project was a strong project but you are unwilling to buy this coin. That means if you were not seeing something good from this project. that makes you avoid to buy this coin as a part of your portfolios. It can be said that if this blockchain is bad enough to be considered as your portfolio. it's better to give honest review regarding this project. This one is actually overrated.

for now because everything is declining, algorand will also get that impact, but in the future if it goes up and the market starts to improve then you will have a higher next increase.

You captured the whole scenario in a nutshell. To even think that SEC has now constituted itself into a needless attack dog, is more appalling in itself than the crime it pretends to fight. This is messing the crypto space up with apprehension on the minds of fans. I for one wouldn't invest in any project that has an unresolved issue with SEC and I believe my concern cuts across. Look at what's happening with it and Binance ATM and the dip BNB and other Binance patronized projects are grappling with now because of SEC. It's not even funny anymore.

As for Algorand, I would be skeptical putting my money on it (as I now do with any project that dips because of crisis). I still feel the pain of catching a falling knife with LUNA.

You should consider every possibility. Invest in other coins if you have enough Algorand on hand. Perhaps it will never return to its former level. Perhaps you will have to wait too long. You need to consider these too. You can also keep your money in cash and wait for the dark clouds over the market to dissipate. Or you can buy coins cheaply at current low levels. What is cheap today may be expensive or cheaper tomorrow. Rest assured, no one knows the answer to that.

The SEC is just a government agency with jurisdiction on the US. It won't have any effect on other regions such as the EU or Asia. Crypto is all about decentralization, so it should be able to emerge stronger in the long run. As far as Algorand is concerned, I think it will survive as long as developers keep innovating on the project. The price for ALGO is going down because of the extended bear market. Most altcoins are in the same train, especially when all of the attention is on BTC right now.

For ALGO to rise in price, BTC needs to go all the way to the moon. But that is if Algorand captures the attention of mainstream traders and investors alike. There are so many competitors that have greater adoption than Algorand itself. So if demand is low, so will the market price for the cryptocurrency. You'd have to do your own research to determine if Algorand will have a future or not. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Just my opinion :)

Seeing the chart from Algorand is really terrible, because the price of Algorand has fallen to -96% from its all time high,
it's appropriate if some people call Algorand dead, but we can still see whether they are dead or not, and the answer is no,
they are still alive, judging by the active github team algo is still struggling to be able to recover, so we have to believe.

Unfortunately, we can't assume that what is cheap today will soon grow a few years from now but can possibly be dead. Just like with Algorand, never I see such potentiality to grow but instead, it shows already a dying scenario which is hard to expect to recover no matter how long you wait. If I have a coin showing like that, I shouldn't think of any positive or miracle to come as it was hopeless, really. Instead, I have to move on and make it a lesson of how terrible it was in investing cheap and worthless projects.

An all-time low price, the SECs ominous shadow looming over it, its enough to make any investor break into a cold sweat! While its true that the SEC only directly controls the US market, its influence cannot be underestimated. Markets worldwide pay attention to their decisions, so an SEC security label could indeed send shockwaves far beyond US borders. You posit that cryptos' decentralized nature is its saving grace. While that is fundamentally true, remember that the real-world effectivenes of a coin goes far beyond the principle of decentralization. It boils down to the strength of the underlying technology, the utility of the coin, and the faith of its user community. Suggesting that ALGO's success is entirely hitched to BTC moon mission is somewhat reductionist. It's a complex ecosystem out there, and myriad factors play into a coin's success or failure. So tread carefully and arm yourself with knowlege

I think it’s hard to predict what will happen with the SEC lawsuit and how it will affect the price of ALGO. I personally believe that Algorand has a lot of potential and innovation, and I hope they will overcome this challenge. However, you should do your own research and decide what is best for you.

Never speculate what will happen at this time but think about what will we get in the future, for utility ALGO still promising but as statement by owner of ALGO they don't care about price they just focus on fundamental and creating more ecosystem and that statement same with ADA coin as long as ecosystem still create i belive price will follow of the growth their potential. Don't care about SEC lawsuit and the price if you entry at all time low u're still lucky compared with people who invest in ATH, maybe they still waiting for the next bullrun

There's no denying that Algorand does have good project development, and deserves to be in the top 100 coinmarketcap,
but with that much marketcap, Algo still can't achieve positive ROI, but even to a negative ROI and even reached a new All time low this month,
and yes it's a shame that a good project like Algo is experiencing this and it can even result in decreased trust in the algorand.

I think algorand may come back, maybe during the bull run, currently the market is in a bad state and almost all coin/token have been affected. So, if you have the spare cash, you can buy more.

Some altcoins started the dump even before the SEC with the SEC speculating even more. Algo made a nice dump, a coin that holds up well is XRP and I think it could make a nice pump and dump.

If Algorand delivers as promised, it may turn out to be a good investment in the long run. Most altcoins are driven by hype, so don't be surprised if you see the majority going up while coins with real utility are in the lows. Whales and ordinary investors are looking to make a quick buck, so they will choose coins that are most beneficial for them. If there's one thing that's keeping the market in the red, it's fierce regulatory action from the US. The SEC (US government agency) has been acting aggressively against the crypto industry since the collapse of FTX.

Things are not as bright as we hoped for the crypto industry right now. I'd suggest you wait until the dust settles for good. The 2024 BTC halving and the 2024 US Elections will determine the fate of the market in the long run. If there's another administration by the time 2025 arrives, Gary Gensler might no longer be chairman of the SEC. That is if the House bill doesn't get approved before Election day comes in. Without Gary Gensler, the US crypto market will flourish once again. Who knows if the best is yet to come for ALGO and the rest of the other cryptocurrencies on the market? Just my thoughts ;D

SEC are just fishing around looking for easier targets So I think hold on to your position considering algo is nice smart contract application and there are so many backings around it What you should be looking at is the development and dapps coming to the Ecosystem as that will be the determinants growth next bull run..I think algo might end of some storage or AI smart-contract

I too have been holding back Algorand for the past few years. I have purchased Algorand in 2021 for $2. That means I have lost almost 20 times my money ( current price $0.1 ).
I also hope Algorand can recover but I am pessimistic they can hit their ATH again.

The cryptocurrency market is on the Bear market, as long Bitcoin price is going down, other alt-coins are moving down in price as a result of looking for a good entry point to buy and hold for a long term investment, which is Algorand ADA Coin has a strong future with a strong communities and is in a good position to buy more.

You are too greedy to buy algorand at a price of $ 2, before buying a coin make sure you see the supply first,
don't just buy it because if the supply is a lot like algo and has a high price then the potential for dump is much bigger,
so use your experience for learning.

Everyone knows that when a bear market occurs we should fill our bags, but the problem is that our money must still be used, or it cannot be used entirely because of necessity.

In my opinion, the current situation has indeed made cryptocurrency prices fall, including the price of Algorand, but as long as Algorand still has a progress, then of course Algorand can still recover and increase again, so if you really feel that Algorand has progress and still active, then you don't need to worry, so you need to keep holding and doing DCA Algorand to be able to get profits quickly.

Is anyone buying these lows?

I am waiting for 10 cents before I buy again - if it doesn't fall that low I will just hold what I have till 2025 and hope it recovers.

What you must know with altcoins is that once the price is dumped it becomes almost impossible for it to recover and that is why altcoins are referred to as gambling,  you can't rely on them and as a matter of fact, investing in altcoins should be done with a predetermined mindset that anything can happen and the investment could visibly become zero.


This is why altcoins are not suitable for long-term purposes because their markets are highly unpredictable and for sure not suitable for long-term holding.

If afraid taking risky decision stop it, don't stress yourself on things you can't afford to lose.



Then this is a sign that there hype is over and to bad for you if you catch the knife while there are no whales accumulating it because you might be the buyer which devs wait since they can dump some of their shits to you and you became their new bag holder.



Yes it put fear since Sec warning is much stronger than devs hype.



Yeah I think its over.

Dude, that's deep, I didn't even understand anything you said.  ;D We can always just make it simple.

OP, it's not dead but big problems are coming out.
https://www.coindesk.com/business/2023/07/11/defi-protocol-holding-55-of-algorand-value-to-shut-down/
Now, it's your choice. If you are on the losing side and you think it's still worth the wait then go for it.
IMO, I would withdraw if they are given a chance to do it now. For me, these are bad signs of something bigger happening and I am so pessimistic about it.
The chances of it closing down is there.
Again, it's your choice. There are other projects who survived this kind of thing and went up afterward due to heavy support from their investors and retail buyers. If you think the money you spend investing with them is okay to lose then stay.

Actually not all altcoins are not suitable but indeed for the long term the risk is big,
for long term stay top coin is still a viable and safer option,
The most important thing is to always do your research before investing.

Demand for ALGO is low compared to other leading coins such as BNB and ADA. I highly doubt people are buying, especially when they're only following the hype. The competition is stiff these days, so Algorand developers would need to bring something new to the table if they want to gather the attention of mainstream investors and traders alike. It's likely the crypto market will turn bullish by 2025, making it extremely-likely for ALGO to soar towards new heights.

What matters is the utility of the cryptocurrency instead of its price. If it's useful, it will retain its value for a long time. Otherwise, it will fade away into oblivion until it becomes history. No one can predict the future, so let's hope for the best. Just my thoughts ;D

Please don't tell me it was the bear you are thinking? But we are almost out of it. As of now, any strong crypto can be able to rise on its own but I don't see that Algorand is among with it. And If its true, then it was already being talked about everywhere. Still, I don't think Algorand is dying.

Maybe it's true that it still has some progress. That was enough already to get qualified for the next bull run. He thinks everything is over for Algorand but why would he decide to HODL it then? That would only lead him for more losses. It would be better if we just sell the coin so that we can still get something. At least, we are not a total loser.

I think the coin is good as dead. The coin without much success is having obstacles and hurdles on every step.
There are 100s of alternatives that are trying to achieve what algorand is trying to. The motto are a bit different like algorand claims to bridge the gap between traditional and futurefi but every of side chain platform are trying to do the same. The war is of recognition, speed, fees and adoption. And with its years lost without much adoption, there's no way it would be able to compete with popular utility coins now and any potential competitor that may be introduced in future.

You're right about that, mate. Coins with smart contract features usually get a lot of attention, but that's not the case with Algorand these days. I think the project is slowly dying. Developers need to come up with something new to help attract the masses into the project. With strong marketing/promotion, ALGO could make a comeback. I really hope it does, considering that the project has a huge of potential to disrupt the Web3 industry.

I like how fast and cheap it is compared to other Blockchain platforms. We might need to wait until the next bull run to see what happens. Who knows how much ALGO will be worth in the future? Just my opinion :)

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The coin problem is almost the same.
best if you want to buy it maybe this is an opportunity.
But if you doubt it's best not to, especially if you observe the movement for 3 years.
If you are still curious for the future we can inves but with a small amount.
actually the coin movement is unpredictable even though there has been no movement for years but it could suddenly increase very far from expectations.

Algorand is showing good signs going into this coming bull run.

I bought quite a bit at the bottom in September but wish I bought more.

I am happy I held though as i can see this reaching $4-5 in bull run

I love your enthusiasm, but the truth is there's not much to Algorand than "meets the eye". The competition is getting fierce each day, with new projects bringing innovative approaches to scaling. Aptos, Solana, Polygon, Sui, and even Avalanche have proven to be superior than Algorand in terms of tech and mainstream adoption. These competitors also have a bigger ecosystem of dApps, tokens, and services.

If Algorand wants to take off, developers are going to need to come up with something that will "blow away" the entire crypto/Blockchain industry. Otherwise, I'm afraid Algorand's market price will continue to decline until it becomes history. Not even a bullish market will save it. Who knows what surprises we'll find in the future?  ::)

Lets see, I still believe in Algorand.

It hit a low of 9 cents in October, hit 24 cents last month and has been consolidating at 17 cents since.

Bull run is almost here and I will be happy with $3.

The SEC says a lot of things are securities. It doesn’t mean that you can’t make handsome profit though. I don’t think Algorand is going to change the world & become like Bitcoin for example but you could absolutely still do well in it. It’s a pure proof of stake smart contract blockchain & we have seen growth in its ecosystem. While it has some unique features like accessible staking and low transaction fees it faces challenges such as centralisation & tokenomics. It's too early to definitively say if it has a big future but patient investors can find opportunities in its long term growth. Some people say it’s promising due to its technology, I would consider it a good buy but maybe not a super long term HODL.

I am planning to sell this bull run , the technology is great.

I will start selling around $2 and just hope it can reach $4-5 at the peak of the bull run.

Of course. SEC chairman Gary Gensler believes most cryptocurrencies are securities. Either he doesn't truly understand how crypto/Blockchain tech works, or he is just pretending to minimize the growth of the industry as much as possible. Approving spot Bitcoin ETFs was a "miracle", considering how the regulatory agency kept denying applications for years.

Algorand could have a place in crypto land if it delivers as promised. But if there's no innovation, don't expect it to stand up against well-established players (ETH, SOL, BNB) with a huge number of supporters behind them. The market often behaves in many strange and bizarre ways, so anything's possible. Who knows how far will Algorand go? :D