Algorand (ALGO) price and plain-language guide
$0.0907 -0.69% today · Updated Nov 4, 2026
Down 39.9% over 1 year
Algorand, launched in 2019, is a blockchain platform designed to achieve high-speed transactions with low fees. Algorand costs $0.0907 today, down 0.69% in the last 24 hours. You don't need to buy a whole coin, and on Rumos your ALGO is held by BitGo, a regulated custodian.
- Market cap
- $731.68M Price × coins in circulation
- 24h volume
- $29.04M Traded in the last 24 hours
- 24h high / low
- $0.0952 / $0.0907 Today's range
- All-time high
- $3.54 Jun 2019
- In circulation
- 8.1B ALGO
In plain English
What is Algorand?
What people use Algorand for
- Hold itMany people keep it for the long term.
- Cash outSell it and withdraw to your bank.
- Swap itTrade it for other coins in the app.
- Buy regularlySet up a recurring buy in a couple of taps.
Latest Algorand news
All news
What is DCA?
Start small, and keep it steady.
What is DCA, and how would it have worked for Algorand?
DCA stands for dollar-cost averaging. You buy a fixed amount at regular times, like $25 every week, whatever the price is. When the price is low the same money buys more, and when it's high it buys less, so you don't have to guess the right moment.
- Why people use itIt takes out the guesswork, and small regular amounts are easier to keep up.
- What it can't doIt doesn't guarantee a profit. If the price keeps falling, you can still lose money.
- Set it and let it runA recurring buy in the app repeats on its own. Check in now and then, and change the amount if your plans change.
A quick example
$100 a month for 3 months, with made-up prices
| Month | You put in | Price | You get (BTC) |
|---|---|---|---|
| January | $100 | $50,000 | 0.00200 |
| February | $100 | $40,000 | 0.00250 |
| March | $100 | $60,000 | 0.00167 |
| Total | $300 | 0.00617 |
Same $100 each month: the lower the price, the more ALGO you get.
Your average price: $48,649
That's lower than the $50,000 average of the three prices, because the same $100 bought more when the price was low.
Look it up in the glossaryDCA calculator
Loading real price history…
How to buy
How to buy Algorand in the US
-
Download the Rumos app
Create your free account and complete a one-time identity check. We guide you through it.
-
Add dollars
Top up by bank transfer or card. New accounts get 0% trading fees for the first 30 days.
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Buy Algorand
You don't need to buy a whole ALGO. You'll see the exact amount and price before you confirm.
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Hold it or set a recurring buy
Your ALGO is held by BitGo, a regulated custodian. Prefer to invest a little at a time? Set up a recurring buy in a couple of taps.
Real questions
Common questions about Algorand
What is the price of Algorand today?
On Nov 4, 2026, Algorand costs about $0.0907, down 0.69% over the last 24 hours. Prices change all the time; the app always shows the live price before you buy.
How many ALGO are there?
About 8.1B ALGO are in circulation today.
How do I buy Algorand in the US?
In short: Download the Rumos app; Add dollars; Buy Algorand; Hold it or set a recurring buy. You can start with a small amount, and the app explains each step.
Is Algorand safe?
The risk people usually mean is price: ALGO can move sharply in a single day. How Algorand is run also matters, so read what it is above. Only put in what you'd be comfortable losing while you learn.
Is Algorand a good investment for beginners?
No one can promise that — ALGO's price can rise or fall sharply, and past performance is never a guarantee. What you can control is how you invest: many beginners buy a small amount on a regular schedule (called dollar-cost averaging) instead of trying to time the market, and only invest what they can afford to lose. Treat Algorand as a long-term way to learn, not a get-rich-quick bet.
Can I buy a small amount?
Yes. You don't need to buy a whole ALGO. Coins are divisible to many decimal places, so you can buy a small part of one.
Where is my ALGO stored?
When you buy through Rumos, your ALGO is kept with our regulated custody partner BitGo, in segregated accounts. You manage it in the Rumos app.
What can I actually do with it?
Hold it, swap it for other coins in the app, or set up a weekly recurring buy. Sending to an outside wallet isn't available yet.
Other coins to learn about
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Get started
Ready to start?
Get the app and buy ALGO in a couple of taps. New accounts get 0% trading fees for 30 days.
Crypto prices can go down as well as up. Only use money you can afford to lose. This is not investment advice.
