Algorand skyrockets 33%! But why do traders keep betting against ALGO?
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最新报道：Algorand (ALGO) surged 33% in a week, reaching $0.22, fueled by positive sentiment around its blockchain upgrades and ecosystem growth. Despite the rally, traders remain bearish, with short interest rising as open interest hit $45 million—the highest since June 2022. Analysts suggest the uptick may be driven by speculative trading rather than long-term conviction, as ALGO's price remains 90% below its 2021 peak. The Algorand Foundation continues expanding partnerships, including a recent collaboration with FIFA, but market skepticism persists due to past volatility and competition from rival layer-1 blockchains.
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