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Home ยป Algorand Foundation Voices Criticism of Prominent Cryptocurrency Networks in Recent Advertisement
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Algorand Foundation Voices Criticism of Prominent Cryptocurrency Networks in Recent Advertisement

By adminMay. 24, 2024No Comments1 Min Read
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Algorand Foundation Voices Criticism of Prominent Cryptocurrency Networks in Recent Advertisement
Algorand Foundation Voices Criticism of Prominent Cryptocurrency Networks in Recent Advertisement
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In spite of the critiques, the advertisement also garnered praise from certain individuals. Hilmar Ingimundarson, co-founder of Kernel Edge, expressed his belief that the Algorand team made the correct decision in their marketing approach. According to the data provided by DefiLlama, the aggregate value secured within the Algorand network amounts to a mere $96 million. When juxtaposed with Ethereum’s $65 billion and Solana’s $4.8 billion, this figure appears significantly lower. The actions taken by Algorand bring to mind the image of a cat daring to challenge a lion or a mouse daring to challenge a cat.

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