ALGO was one of the r/cc favorites last time around, hitting a high of around $2.70. Right now it is sitting at $0.11, and was mentioned as token/security listed in the SEC's suit against coinbase. It seems the coin has good fundamentals and tech, but will this go the path of NANO and others that just aren't meme enough? Many fans are pretty disheartened about the recent slide, but is this just normal bear market activity? Will ALGO surge if the SEC's suite is found to be bogus?
ALGO caught my attention due to being carbon negative, and even though many CCs are unfairly targeted for greenhosue emissions (in my honest opinion), I thought this idea had a lot of potential long term.
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