bottom of the channel is usually a good bet, so i'm looking to increase my ALGO bag here. strong support around $0.70, and a long ways away from the ATH, so this is a no-brainer for me. market still make take a dip, so this isn't a trade setup necessarily, but averaging in long term.
don't forget MIT has been working with the FED bank of boston on a "theoretical" digital currency, and the ALGO founder is on faculty at MIT. no real news here, nor any known link between ALGO and the FED, but i like connections like this. i'm a boston guy, so maybe i'm biased.
plus you earn 5%+ staking rewards, so i don't mind holding it!
don't forget MIT has been working with the FED bank of boston on a "theoretical" digital currency, and the ALGO founder is on faculty at MIT. no real news here, nor any known link between ALGO and the FED, but i like connections like this. i'm a boston guy, so maybe i'm biased.
plus you earn 5%+ staking rewards, so i don't mind holding it!
