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ALGO just reached a 52-week high and is now in the Top 30 Coins on coinmarketcap.

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by COINS NEWS 290 Views

Algorand is finally getting some of the attention it deserves. Kissing it's 52-week high of 1.82, ALGO rushes into the top 30 coins, surpassing some big players like AAVE, EOS, Monero, in the past week alone. Now at spot 29, adding some 200B market cap would set it passed another widely used coin, DAI. I am hoping that occurs within the next few days, but that's quite a hurdle.

Personally, I did not expect algo to have much vertical growth for a few years.. so this is a pleasant surprise.

Just a reminder to all my fellow algonauts.. these can be exciting times. Remember to ask yourself, why did you buy algorand in the first place? What kind of profits are you after and when do you want to take them? Create a plan and stick to that plan. That's how you avoid suddenly saying, "shit, why did I do that?" Personally, I am nearly up 75% on my Algo investment. I'm taking profit to cover my initial investment when/if it hits $2, and letting the rest roll onto 2030 or for a rainy day. I'm going to continue investing in all the exciting Algorand projects like Opulous, tinyman, algodex.. and whatever else is to come soon enough. That's my plan, and I'm going to stick with it! What's yours?

submitted by /u/CryptoHeron
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