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Yield farmers have this advantage due to ALGO’s fluctuating price, but how long
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Over the past 7-days, ALGO fared quite well on its price charts. After witnessing a 16% pump in the aforementioned time-window, the DeFi token was seen exchanging hands around $1.8 at the time of writing.
Well, this doesn’t come as any surprise because ALGO always performed well whenever the broader market has been in dire straits. Over the past week as Bitcoin, Ethereum and most other large-cap alts tumbled, ALGO was able to remain a part of the “elite” list.
However, at press time, the market was seen recovering. The global crypto market cap was hovering around $2.6 trillion, after witnessing a 2% rise over the past day. Bitcoin and Ethereum too, were seen trading in green.
At this point, ALGO has a couple of problems lined up already. As
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