We had seen meme coins like Shiba Inu and Metaverse coins like The Sandbox and Decentraland dominate crypto markets in 2021. One cryptocurrency flying under the radar is Algorand, currently ranked as the eighteenth highest project by market cap, with a whopping $11 billion valuation. ALGO hasn’t had a parabolic price hike yet, which could happen in 2022. Let’s take a closer look at Algorand and its ALGO token and see if it’s a good investment for this year. What Is Algorand? Initially launched in 2019, Algorand prides itself on being the Greenest blockchain, using a permissionless proof-of-stake consensus mechanism
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