Algorand Skyrockets Over 37% in One Day—Two-Year High Reached

TL;DR Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022. ALGO’s TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022. Despite the overbought condition indicated ... source: https://crypto-economy.com/algorand-skyrockets-over-37-in-one-day-two-year-high-reached/