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Algorand (ALGO) is experiencing +23% in 24 hours, the biggest move in one day since the name disappeared from the crypto space after the bullrun of 2021. The catalyst is not a change in protocol or exchange. The Google Quantum AI white page that dropped late last month comes with Algorand’s name appearing 32 times. Why?
Google’s Quantum AI study examined computing risks on large blockchains, sorting chains in preparation for post-quantum cryptography. Algorand came in third with words, just behind Bitcoin and Ethereum, approved for deployments that cover signatures, crypto proofs, key changes, and smart contracts.
Solana received 16 words, XRP only 14. Hedera and Avalanche: zero. YouTuber Zach Humphries summed up the community’s reaction: “Google Quantum AI published yesterday a landmark paper on the threat level of any blockchain.” Sales volume increased +429% to $440 million in 24 hours.
Note: The best deals before the sale starts
Algorand Crypto Momentum: The Biggest Rise?
Apart from Google AI Paper, the simultaneous merger of PostFinance and Revolut opened ALGO’s exposure to 2.5 million Swiss customers, adding weight to what would otherwise have been a short-term product.
The combination of technical insight, banking opportunities, and returns from the normal low creates a setup worth capturing precisely. Here are the levels:
ALGO dropped to $0.08 just 4 days ago, a very low, before changing +27% to an 8-week high of $0.1052 within 48 hours. 24 hours were printed $0.085–$0.105, and around $0.10 that represents a definite retracement of an important psychological level.
Support now sits at $0.082 as the base of the old wedge and horizontal shelf. Resistance bands near $0.115–$0.12, areas where the top sellers from the previous chart are expected to stabilize. The market cap is about $930 million, still $1B, which means that any change in the stock can move the price significantly. But remember, Algo is 96% below its full time in 2019, 7 years ago, the day it launched.
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LiquidChain Tracks Early Movement As ALGO 7 Years Ago
ALGO’s move is real, but at a price of $930M in the lowest market, the asymmetric raise is already in the price range. The first buyers who grabbed $0.08 are sitting at +27%. Entry at $0.105 is chasing the front page story. The combination of entry quality is where the first presales are relevant.
LiquidChain ($LIQUID) is a Layer 3 project that positions itself as a financial platform, combining Bitcoin, Ethereum, and Solana liquidity into a single execution platform. The architecture is based on a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once model that allows developers to access all three ecosystems without re-deployment.
The current selling price is $0.01445, that’s more than $630K has been raised so far. Inexpensive and original, the contract is checked by Certik to ensure the safety of investors, including the bonus of 1700% fixed APY to the early believers.
However, for traders who missed the entry of ALGO and want to be exposed to crypto bets at the underground level, Check out LiquidChain here.
This article is not financial advice. Crypto currencies are highly volatile. Always do your research before investing.
