About AlgoGems
AlgoGems (GEMS) is a cryptocurrency launched in 2021and operates on the Algorand platform. AlgoGems has a current supply of 10,000,000 with 0 in circulation. The last known price of AlgoGems is 0.01860264 USD and is up 24.82 over the last 24 hours. It is currently trading on 8 active market(s) with $129.46 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
Not enough data
FDV
₹6.76M
Circ. Supply
Not enough data
Max Supply
10M GEMS
Total Supply
10M GEMS
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
₹1.31K
-90.12%
Volume (7D)
₹74.95K
Volume (30D)
₹421.02K
All time high
₹272.68
Price Change (1Y)
-57.81%
Additional details
Recent trends
The latest GEMS price is ₹0.68. Compared to AlgoGems's value of ₹0.66 from 24 hours ago, there's been a 3% increase, while the current price is -48% down from ₹1.28 which was recorded one week ago. AlgoGems's all time high is ₹272.68, which was reached on March 26, 2022. This is a -100% change from its price today.
The fully diluted valuation of AlgoGems is ₹6.76M. The diluted valuation of AlgoGems is ₹6.76M.
Market details
GEMS vs markets
↘ 69.72%
GEMS vs BTC
↘ 74.13%
GEMS vs ETH
↘ 41%
Tags
collectibles-nfts
dao
governance
Network & Addresses
Network | Address | |
|---|---|---|
Algorand | 230946361 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.68 | ↗ 2.62% |
1 Day | ₹0.66 | ↗ 2.62% |
1 Week | ₹1.28 | ↘ 47.67% |
1 Month | ₹0.71 | ↘ 6.02% |
1 Year | ₹1.55 | ↘ 57.81% |
FAQ
AlgoGems is an open NFT marketplace for the Algorand blockchain. According to the whitepaper, the platform allows artists to mint and auction their NFTs and provides a trading platform for NFT collectors. By leveraging Algorand technology, AlgoGems offers zero-fee NFT creation and low-fee market transactions.
Behind AlgoGems, there is a community of thousands of active users who interact with their creations. The team uses a carbon-negative blockchain called Algorand to manage all NFTs and related data. AlgoGems also conducts ongoing GEMS-based governance.
GEMS is the native token of AlgoGems, used to reward creators and supporters of the platform while creating positive momentum for the Algorand ecosystem. GEMS is a multipurpose utility token. The GEMS platform capabilities go hand in hand with GEMS for the benefit of all users. The GEMS governance lets holders participate in voting to fund new initiatives, verify Algorand accounts, moderate content, prevent art theft, and classify or tokenize NFTs.
The GEMS model is designed to make the AlgoGems community and content more dynamic and valuable while maintaining the user-friendliness of the platform. GEMS governance is a way to meaningfully participate in the Algorand ecosystem, as a supporter, a creator, or both.
AlgoGems is a marketplace for creators who want an easy way to start minting and trading NFTs. There are no transaction fees for creating (i.e. minting) things on the site. Once a user creates an NFT, it is present on the Algorand blockchain, which is the underlying network, and can be traded on the Algorand blockchain.
GEMS holders receive exclusive offers during special events, lotteries, featured deliveries, and fee reductions at AlgoGems. GEMS holders get early access at future events and a higher chance of getting rare content. The GEMS model is designed to make AlgoGems's community and content more dynamic and valuable while maintaining the user-friendliness of the platform.
AlgoGems was founded in 2021 by the French company NFX Labs. The total supply of GEMS tokens is 10 million.
We update our AlgoGems to INR currency in real-time. Get the live price of AlgoGems on Coinbase.
The current market cap of AlgoGems is ₹0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of AlgoGems is ₹272.68. This all-time high is highest price paid for AlgoGems since it was launched.
Over the last 24 hours, the trading volume of AlgoGems is ₹1.31K.
Assets that have a similar market cap to AlgoGems include SafeMars, Surf Live, Hunter by Virtuals, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of AlgoGems is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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