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AlgoGems is on the rise this week.

The price of AlgoGems has risen by 2.28% in the past 7 days. The price increased by 4.20% in the last 24 hours. In just the past hour, the price grew by 0.19%. The current price is $0.0103 per GEMS. AlgoGems is 99.67% below the all time high of $3.15.

The current circulating supply is 0 GEMS.


What Is AlgoGems (GEMS)?

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.

History of AlgoGems (GEMS):

AlgoGems was founded in 2021 by the French company NFX Labs. The total supply of GEMS tokens is 10 million.

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What is the current price of AlgoGems?

We update our AlgoGems to USD currency in real-time. Get the live price of AlgoGems on Coinbase.

What is the market cap of AlgoGems?

The current market cap of AlgoGems is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of AlgoGems?

The all-time high of AlgoGems is $3.15. This all-time high is highest price paid for AlgoGems since it was launched.

What is the 24 hour trading volume of AlgoGems?

Over the last 24 hours, the trading volume of AlgoGems is $24.51.

What other assets are similar to AlgoGems?

Assets that have a similar market cap to AlgoGems include Dragon Crypto Argenti, Bafi Finance, Anypad, and many others. To see a full list, see our comparable market cap assets.

How many AlgoGems are there?

The current circulating supply of AlgoGems is 0.

Can I buy AlgoGems on Coinbase?

No, AlgoGems is not currently available on Coinbase, but you can sign up to get the latest news on AlgoGems and be notified when it gets added to our exchange.