Is Algorand (ALGO) a shitcoin?
$ No. Strong fundamentals, few red flags.
Gold-meter
65/100
merit score
Shit-meter
33/100
red-flag score
Algorand: Strongest on supply soundness (100); biggest red flag is insider control (50).
— — Market Cap —
Layer 1 · Data confidence medium How much of the methodology had verified data behind this score. It says nothing about the project itself. Is this verdict fair?
Community opinion — never affects scores.
Every score is built from the indicators below. Select any line for the reasoning, raw data and source.
Goldcoin score breakdown Higher is better · total 65 Supply soundness 14% of score 100
Current annual inflation measured 100 0% Supply policy assessed 100 Fixed hard cap Decentralization 16% of score 65
Largest client's share measured 0 100% Permissionless participation assessed 100 Anyone can mine or validate Reachable full / validating nodes measured 59 ~1,500 (est.) Consensus mechanism assessed 65 Permissionless proof of stake Nakamoto coefficient measured 100 ~25 (est.) Halts or rollbacks, last 5 years measured 100 0 Cost to attack measured 67 ~$1B (est.) Full bear markets survived measured 40 1 Years in production measured 70 7.3 years Tech & development 12% of score 100
Programmability assessed 100 Full smart contracts (EVM or native VM) Monthly active core developers measured ?
Unknown Open source assessed 100 Fully open Originality assessed 100 Novel design or research Usability as money 10% of score 95
Confirmation speed (L1) assessed 90 Under 10s Typical transaction fee (L1) assessed 100 Under $0.001 Fair launch & distribution 16% of score 40
Genesis allocation to insiders measured 20 ~40% (est.) Launch method assessed 60 Open public sale Top-100 holders' share measured ?
Unknown Security budget 10% of score 46
Fee share of security rewards assessed 15 Under 3% Real reward to securers assessed 50 Roughly break-even Security spend (rewards ÷ market cap per year) assessed 70 0.75% to 1.5% Security trend (hashrate or staked share, 1 year) assessed 50 Flat Annual fees ÷ market cap measured 0 0.0004% Daily active addresses measured ?
Unknown TVL or non-speculative settlement ÷ market cap measured ?
Unknown
Shitcoin score breakdown Higher is worse · total 33 Unlock overhang 15% of score 2
FDV ÷ market cap measured 0 1× Unlocks in next 12 months measured 4 ~1% (est.) Token needed to use the product assessed 0 Required Function beyond speculation assessed 0 Money, gas or collateral Market cap ÷ annual economic throughput measured ?
Unknown Hype dependence 10% of score 0
Celebrity, influencer or politician launch assessed 0 No Social mentions ÷ active addresses measured ?
Unknown Trading turnover measured ?
Unknown Track record 10% of score 25
Core-protocol exploits with user losses, last 5 years measured 0 0 Regulatory enforcement against the issuer measured 50 Settled Insider control 20% of score 50
Team, investor and foundation holdings measured 60 ~30% (est.) Who controls upgrades and governance assessed 40 Foundation-led Top-10 wallets' share measured ?
Unknown Admin powers 15% of score 17
Mint authority measured 0 None Freeze or blacklist function measured 0 No Upgrade path measured 50 Admin upgrade with ≥ 7-day timelock Methodology v0.8 · computed 2026-09-29 