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Market news: US President Trump is expected to hold talks with Israeli Prime Minister Netanyahu today to discuss the hostage agreement and nuclear negotiations with Iran.On April 21, Henghui Security announced that its operating income in 2024 will be 1.27 billion yuan, a year-on-year increase of 29.95%. The net profit attributable to shareholders of the listed company is 117 million yuan, a year-on-year increase of 10.13%. The company plans to pay a cash dividend of 1.5 yuan (including tax) for every 10 shares to all shareholders, and issue 0 bonus shares (including tax), and issue 0 additional shares for every 10 shares to all shareholders from the capital reserve fund.April 21, U.S. President Trump stepped up pressure on Federal Reserve Chairman Powell on Monday, calling him the "biggest loser" and warning that the U.S. economy could slow down if interest rates are not lowered immediately. "Many are calling for a preemptive rate cut," Trump wrote on Truth Social. Although Trump appointed Powell as Fed Chairman in his first term, his team is now studying whether the central bank leader can be legally fired before his term expires in May 2026. Powell made it clear that under the law, the president cannot remove him. Krishna Guha, vice president of Evercore ISI, said any attempt by Trump to fire Powell could trigger a sharp sell-off in U.S. stocks. "If you start questioning the independence of the Fed, you are raising the bar for the Fed to cut interest rates. If you really try to remove the Fed Chairman, I think youll see a serious reaction in the market, with yields rising, the dollar falling, and stocks selling off," Guha said. He added: "I cant believe this is what the government is trying to achieve."April 21, Russian President Vladimir Putin said on Monday that military operations in Ukraine resumed after the Easter ceasefire, adding that Russia is open to any peace initiative and expects Ukraine to adopt a similar attitude. Ukraine and Russia have accused each other of launching thousands of attacks during Easter celebrations and violating the Kremlins unilateral ceasefire agreement. The United States has welcomed the extension of the truce, and Ukrainian President Volodymyr Zelensky has repeatedly reiterated that Ukraine is willing to agree to a 30-day suspension of attacks on civilian infrastructure during the war. Putin said Russia must carefully study this and other proposals.Nvidia (NVDA.O) extended its losses to 5%.

Algorand Price Predictions: What’s Next for the ALGO Crypto?

Cory Russell

Sep 23, 2022 14:25

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On Thursday, as traders reacted to encouraging news about the cryptocurrency, it would be wise to examine the price forecasts for Algorand (ALGO-USD).


The organization that created Algorand is the first to appoint Michele Quintaglie to its executive team. Quintaglie formerly worked as a communications officer at Visa and Fidelity Investments (NYSE:V). As Algorand's chief marketing officer, she will aim to strengthen the brand.


ALGO investors should also be aware of how extensively its blockchain is being used. When compared to the 5,000 transactions per second covered by Mastercard (NYSE:MA), it entails more than 6,000 transactions per second, which is a significant amount. Due to this, cryptocurrency still doing well even throughout the downturn.


The most recent information has investors paying attention to ALGO. As a consequence, there is a lot of trading going on right now. Trading volume has increased by around 161% over the previous 24-hour period.


In light of everything said above, read on for the most recent ALGO price forecasts!

Price predictions for Algorand

Our list for Thursday is led by CryptoNewZ, which predicts an average token price of 50 cents by 2023.

Following WalletInvestor on our ranking is their $0.01036 one-year price prediction for ALGO.


Coin Price Forecast rounds off today's price forecasts with an average projection of 46 cents for 2023.


In contrast to its current price of $0.3649, the consensus among the Algorand price forecasts today is positive. Investors should also be aware that, as of Thursday morning, the cryptocurrency is up 14% over the previous 24 hours.