Algorand

ALGO 24 Hour Move

-4.78%

$0.09 → $0.09

Why Algorand is down 4.8% today

Analysis

Algorand (ALGO) fell 4.8% over the past 24 hours even as a related headline focused more on Ethereum than on Algorand itself. CryptoPotato reported Vitalik Buterin criticizing “fake” DeFi while backing ETH-based “algo” stablecoins, which may have shifted attention toward Ethereum-centric implementations rather than directly supporting ALGO demand (confidence: 57%).

Contributing Factors (1)

CryptoPotato 1 week ago

Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins

Buterin criticized modern DeFi as centralized in disguise, arguing USDC yield farming misses core principles.

Confidence

57%

Read source

Move Details

Asset Algorand

Symbol ALGO

Direction ↓ Bearish

Timeframe 24 Hours

Start Price $0.09

End Price $0.09

Change -4.78%

Detected Feb 11, 2026 5:55 AM

Explanation Confidence

57%

Moderate confidence. Multiple factors may be contributing.

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