Algorand (ALGO) Skyrockets 11% to 4-Month High! Here’s What’s Next

TL;DR Algorand jumps 11% to reclaim a four-month peak, now trading at $0. 2794 after touching $0. 31. Despite the surge, many traders still bet short as derivatives activity spikes. The market cap stands at $2. 41 billion with strong on-chain signals suggesting more volatility ahead. Algorand’s sharp move higher this week has caught many off guard, reigniting. . . source: https://crypto-economy.com/algorand-algo-skyrockets-11-to-4-month-high-heres-whats-next/