Remember how Algo was shilled as the perfect project. It was supposed to solve the problems of scalability, security, and decentralization.
It’s almost as low as dead coins like XRP. What happened Zig Forums? Is it a dead project?
Remember how Algo was shilled as the perfect project. It was supposed to solve the problems of scalability, security, and decentralization.
It’s almost as low as dead coins like XRP. What happened Zig Forums? Is it a dead project?
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Jokes on you! SWIFT just started using XRP
XRP TO $240 IN NO TIME!
Just thought I’d get the obligatory schizo post out of the way... now the adults can talk.
What’s going on with Algo, Zig Forums?
>nodes controlled by rich people
>terrible tokenomics
I'm not sure what else. The tech is top tier but this board is about memes and losing money, not technology.
It looks like it was never designed to moon just designed to be used by nerds
>entire market crashes
>hurrr what went wrong
kys faggot op
Yeah it was doing so well before that
No utility yet to justify a high price just like every other cryptocurrency.
Uhh currently deployed in Marshall islands to testbed the first national digital currency. 55k users until end of fiscal year. Roll out to 1m in some place like puerto rico, then nationwide rollout by mid next year as part of "economic recovery" plan involving free gibs direct to people's wallets, all using algo. No utility my ass
There is clearly currently no utility that justifies a high value for the token, or we would see it in the token price.