Shill me on Algo Zig Forums
Some glowie/larper on Zig Forums told me to buy and I figured it can't be any worse of a decision than I have made on my own - eg. STA, XMM
Is it solid project? will I be rich one day?
Algorand
Luis Cox
Andrew Jenkins
Founders will dump ALGO for the next four years. It's a shitcoin
Nicholas Harris
It is a solid project with serious team and serious goals. Will ALGO holders be rich one day? That depends on how much you hold and what "rich" means to you. But a x3 from current price is pretty much guaranteed.
>Founders will dump ALGO for the next four years
Maybe update your knowledge before spewing crap next time? They've perfected the tokenomics to prevent dumping.
Grayson Miller
oh great, they're going to dump on you for the next decade. HOLY KEK you ALGO fags are retarded
Gavin King
So it purely for transactions? And the Algo token is governance?
They got a fancy lookin' webpage
Zachary Wilson
It will never make you rich. When we're in alt market it will 2x while others 10x+
Anthony Murphy
Of course they're going to dump their tokens to hinder the advancement of their project. That's what the Turing Award founder and his MIT team are aiming for, after years of development and partnering with multiple companies.
Yes. The token is needed in the Algorand ecosystem, just like Ether in the Ethereum ecosystem. Hope pic related helps, fren.
Eli Jackson
Thank you fudders and shillers alike
Ryan Cruz
>it will 2x while others 10x
ALGO's total supply is 10 billions. Circulating supply right now is around 3,6 billions. In the 2017 bullrun, XRP's marketcap reached 125 billions. And many other literal vaporware/scamcoins multipled their marketcaps at that time.
Cameron Jenkins
For next bullrun people will pick new hot coins with lots of hype around it. Algo is boring 2yo coin with dead price action. Remember summer alt run? Same will happen here.
>these infographics
Means nothing. Only group that matters here is 'Ecosystem of applications'. Neither of these is used or somehow relevant. Truth is very few developers build on algo. It's okay as an academic project but it won't see any adoption.