Algorand has the best technology of all chains. If you have been lurking on r/cc for few months, you would notice how most of this sub loves Algorand. Less than $0.01 transaction fees, seconds of finality and TPS of over thousands, what is there not to like?
The price action. The price action in Algorand has been shit. Part of that has been due to the accelerated vesting that occured once Algo hit its price target last year. Another common complaint that investors have is that Algorand is not focusing on marketing. However, in the past few weeks, we have seen a change from this. First the stunt Algorand Foundation pulled on Earth day. Now Algorand Foundation has partnered with the FIFA organisation for the upcoming men and women worldcup. Hopefully they would continue to take correct steps like this and positive price action would be observed.
Anyway, bear markets are the best time to accumulate and Algorand is one of the best, if not the best layer 1 solution. They have got lot of things which others are only promising to deliver and this seems like a good time to scoop up some. Not financial advise though and this could all be very risk as Bitcoin could continue to be in a free fall and keep on sucking all Alts dry.
Algorand on Earth day: https://medium.com/algorand/how-the-algorand-ecosystem-celebrated-earth-day-2022-b7923288aa9d
Algorand partners with FIFA: https://forkast.news/headlines/algorand-2022-qatar-world-cup-blockchain/
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