More than 98% of Algorand (ALGO) Addresses Are in Loss, Here’s How to Turn Tide

Among the legacy Layer 1 Proof-of-Stake (PoS) protocols, Algorand (ALGO) is exhibiting one of the most bearish records at the moment. According to data from crypto analytics provider IntoTheBlock, more than 16.4 million Algorand addresses are currently “Out of the Money,” implying they are trading at a loss.