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I have been confused about the idea of Tether on Algorand for a while... Can someone help me understand? What I don't understand is, does Tether only exist on Algorand, or are there several versions of Tether existing on several different blockchains? If so, is the total Tether supply the sum of Tether supplies on each blockchain? Also, how do we know which version of Tether we are holding if this is the case?
Follow Tether transactions and the circulating supply:
Came to know about algorand recently, sounds like an amazing project, I just downloaded the Algorand official app they haven't asked me any KYC details they respect Privacy, is there a free way to earn the coin?
My algorand address
I've been looking for a simple response for that question. I have read the explanations of how Dutch Auctions are going to work (from the algorand website). Nonetheless, I haven't found the answer for this simple question. I know I get rewards from holding ALGOS and that prevents my holding to be devalued from that perspective, but what happens if I do not participate in those dutch actions, my investment will be devalued since new coins will be released?
Is https://wallet.myalgo.com legit? Who runs it?
Any other non-cli based wallets that support ledger devices?
Good time to buy or wait? What is the future outlook with total vs circulating supply near and long-term?
Hey y'all - just looking for some opinions on if it makes sense to buy now or hold out. The things that are concerning to me preventing me from pulling the trigger are the following:
Just curious to get the thoughts on holders - especially those who have been in since $1-2+ - what is the future outlook for you like? If ALGO went to $2 each again (or more) it would require a market cap of $1.3B (or top 10, currently rank #44) - and that's just at current circulating prices which will obviously increase. Just seems like a long shot - especially knowing there is 9.5billion more tokens to come onto the market.
Really believe in the project but I'm worried the price could go sub $0.05, and that's conservative... because if you divided the current market cap (100M by 10B = $0.01)
Help convince me to pull the trigger!
I saw it can be traded on Coinbase Pro but I am wondering when it will be available on base Coinbase
Investment Platform Republic Aims for Asset Creation on Algorand Chain. We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset
New to ALGO and think it has some amazing ideas to revolutionize block chain. I dont like the idea that they will be auctioning off coins every year but i do understand some of the ideas around it. I would like to hear other people on why they invested and why.