ALGO coins were sold through an initial coin offering (ICO) on June 19, 2019, with an issue price of $0.24.
ALGO coin issuance price
ALGO coin, issued by the Algorand blockchain platform, will be issued in the initial public offering ( The issuance price in the ICO is 0.24 USD.
Issuance Details
Issuance method
ALGO coins are issued through a public auction. Participants use ETH to bid for ALGO, and the one with the highest bid receives the corresponding ALGO token.
What happened after the ICO
After the ICO, the ALGO coin was listed on cryptocurrency exchanges such as Coinbase on July 1, 2019. Since its release, the price of ALGO coin has experienced significant fluctuations, reaching an all-time high of $3.96 at one point.
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