Worth buying?

I don‘t know shit ablout this one and haven‘t invested in it. It just seems to be a good buy opportubity price wise. So I‘m asking you anons to gibe me a good shill or your best fud

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Christ, no. After the Algomint scam I'm well and truly done with this ghostchain. Cannot express my disappointment. Can't believe I took reddits advice and bought this lmao.

feelsbadman...

I thought exactly the same as you OP and just bought, wish me luck bro.

Seriously, how the fuck did the foundation support these scammers? They promised 200+ ALGO rewards, and they dropped it at 25 because they "made a calculation error"? Not even enough to cover gas fees + the fees that they took for the conversion.
This is the definition of bait and switch

Did a quick search and overflew it, sounds like a rugpull from a scammer project? How could this be algorands fault?

And here's the chaser: they're compensating with their bullshit "Algomint" token when it launches in April. Basically, a totally fucking useless token that'll be dumped on arrival.

Algorand is good technology, but the ecosystem sucks ass. The Algomint and Tinyman debacles turned off a lot of people, and Algorand has been tanking.

Algorand funded these cunts' rewards program lol. Basically green lit an incompetent team because its VCs all the way down.

But to be clear, this was a project build on algo and scammed ppl. Algo supported this shit? Normal staking on algo is still fine?

I just looked at the last 30d and algo is down around 75% in comparison to rose or from which are about 30% down, it felt like a good buying opportunity

Algo was around $1 30 days ago, so around 20% drop. But yeah, it's down a lot since ATH.
Up to you if you think they can turn this around. I still have a bag because I think the technology is awesome and it's better to have a shitty ecosystem than no ecosystem at all (ADA is still in top 10 lmao boggles my mind)

Female CEO

it's got the best tech although,
>that's a man

Good news is that the Algorand Foundation will soon be made obsolete by xGov. Algorand Foundation has been an absolute disaster for this coin and mismanaged the pre-mined coins they were entrusted with.

best fud WW3 comes and crypto might die

Algogem is amazing. Tinyman is good. Algodex is great. The ecosystem is great.

FUD FUD FUD.
Algo is a top 10 coin. Best in the game with Fantom but more infinitely more resilience and lot more decentralized.

if not, it will be a good idea to search for projects on VLaunch launchpad

Technology is top notch. They are also improve the state of the art, e.g. recently they introduced a standard for stateless bridges which is a lot better that the trusted party of current bridges. As for price action, don't know, might go up quickly, might take years. But I'm betting on the tech, it's professionals at work, not hobbyist amateurs.

The ASAs are where the money is. ALGO unlocks Tinyman and that’s where this shit becomes worth it.

Check out tSG

Isn't one of their top people a tranny?

bump

I will be balls-deep into Algo if they weren't supporting scams including fucking Tether. Maybe I'll buy a bag at 0.2