The announcement by UpholdInc is a strong catalyst for the price of $ALGO .
With over 10 million users now able to easily stake Algorand, we anticipate a substantial increase in the staked ALGO supply. This further reduces the already limited circulating supply of 8.7 billion ALGO, leading to a significant supply crunch. $ALGO is poised for growth.
The announcement by @UpholdInc
is a significant catalyst for the price of $ALGO
With over 10 million users now able to easily stake Algorand, we anticipate a substantial increase in the staked ALGO supply. This further reduces the already limited circulating supply of 8.7 billion ALGO, leading to a significant supply crunch. #ALGO is poised for growth