89% ng mga May hawak ng Gary Genslers Praised Token in Loss, 8% Lang Tingnan ang Kita

　　Pinagmulan: IntoTheBlock

　　Remarkably, among the cryptocurrencies monitored by IntoTheBlock, ALGO stands out as having the highest percentage of holders in a loss position.

　　Furthermore, IntoTheBlock statistics indicated that at least 83% of these Algorand investors are long-term investors holding the asset for more than a year. Only 15% joined the ALGO market within the last year. Meanwhile, 2% of the holder spectrum accounts for those who bought ALGO within the last 30 days.

　　Silvio Micali, a Massachusetts Institute of Technology (MIT) professor, founded Algorand in 2017. This blockchain project garnered praise from the now infamous U.S. Securities and Exchange Commission (SEC) chairman, Gary Gensler.

　　This was during Genslers tenure teaching at the MIT Sloan School of Management in 2018 and 2019. Specifically, during a 2019 presentation, Gensler remarked that Algorand is

　　This endorsement gained more significance after Gensler assumed the role of SEC Chair in 2021. However, when the SEC filed a lawsuit against the crypto trading platform Bittrex last April, it classified ALGO as a security.

　　Despite initial optimism and endorsements, Algorand has struggled to keep pace with its peers in recent years. Three months after Genslers 2019 presentation, ALGO surged to an all-time high of $3.56. However, selling at around $0.1818, the asset reflects a staggering 94% drop in value since then.