Later City news
  • Catalina M.

Algo Is the Cryptocurrency of the Algorand Blockchain

In mid April 2021, cryptocurrency firm Coinbase, ran a top exchange for Bitcoin and other digital currency trading, hit a market value of nearly $100bn (£72.5bn) in its stock market listing.

Photo by Pixabay

Later City News: The price of Bitcoin surged more than 300% last year - and has climbed even higher in 2021 - as firms including Tesla, Mastercard and BlackRock unveiled plans to incorporate digital currencies into their businesses, BBC reported.

A part of Bitcoin, there are more than 45 cryptocurrencies tradable on Coinbase alone. In the last few years, tokens that help power decentralized finance (or DeFi) protocols have become increasingly popular — and so a number of the cryptocurrencies on this list come from that world.

If you’re ready to figure out the difference between these "altcoins" (short for “alternative