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Why did Algorand (ALGO) rise?
Algorand showed strong growth for a reason. The main reason is news about quantum computers: ALGO is considered one of the blockchains already prepared for such threats.
Additionally, positive regulation news and the emergence of staking on major platforms played a role. All of this led to an influx of money and a sharp increase in price.
Now, after the pump, a correction is happening — this is normal. The main thing is whether the market will hold the level after the rise.
#GateSquareAprilPostingChallenge
$ALGO