11-25-2021, 12:46 AM
Is Algorand really that big of a deal?
<!-- SC_OFF --><div class="md"><p>I ran into this coin earlier this year. Bought small amount and hold it. I didn't DCA further after finding out more coins will be released on the market over several years. </p> <p>I also experiment with DeFi first time using Algorand chain. Funny cos I honestly thought my first DeFi experience would be on Cardano's chain. I'm too poor to use ETH chain.</p> <p>I must say, I'm very impressed by how smooth and cheap the experience was. I haven't researched much on what's been going on with Algorand but I was surprised to see its dedicated ASA subreddit has 18k members. Memecoins and scam coins are booming in that sub. Almost every day there's an airdrop, either scam or not.</p> <p>Usually, if I'm not mistake, this the sign the chain has good traction. Even when there are many scam coins running on it. I imagine like in Pancakeswap era.</p> <p>Is Algorand's future that bright? Could it reach Top 5 one day? Are you all start swapping and allocating more ALGOS or experimenting with their ASAs? What ASA you most excited about?</p> <p>I haven't seen any ASA hitting major exchanges so I'm curious if it'll be a thing one day?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inminit"> /u/inminit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r1dbyv/is_algorand_really_that_big_of_a_deal/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r1dbyv/is_algorand_really_that_big_of_a_deal/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I ran into this coin earlier this year. Bought small amount and hold it. I didn't DCA further after finding out more coins will be released on the market over several years. </p> <p>I also experiment with DeFi first time using Algorand chain. Funny cos I honestly thought my first DeFi experience would be on Cardano's chain. I'm too poor to use ETH chain.</p> <p>I must say, I'm very impressed by how smooth and cheap the experience was. I haven't researched much on what's been going on with Algorand but I was surprised to see its dedicated ASA subreddit has 18k members. Memecoins and scam coins are booming in that sub. Almost every day there's an airdrop, either scam or not.</p> <p>Usually, if I'm not mistake, this the sign the chain has good traction. Even when there are many scam coins running on it. I imagine like in Pancakeswap era.</p> <p>Is Algorand's future that bright? Could it reach Top 5 one day? Are you all start swapping and allocating more ALGOS or experimenting with their ASAs? What ASA you most excited about?</p> <p>I haven't seen any ASA hitting major exchanges so I'm curious if it'll be a thing one day?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inminit"> /u/inminit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r1dbyv/is_algorand_really_that_big_of_a_deal/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r1dbyv/is_algorand_really_that_big_of_a_deal/">[comments]</a></span>Kind Regards R