Algorand Explodes 25% After Becoming the Official Blockchain Platform of FIFA

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Algorand Explodes 25% After Becoming the Official Blockchain Platform of FIFA
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Algorand has signed a deal to become the official blockchain sponsor of the upcoming FIFA World Cup Qatar 2022.

The statement further revealed that Algorand will help FIFA in “developing its digital assets strategy.” At the same time, the sports organization will provide “sponsorship assets including advertising, media exposure, and promotional opportunities.”“We are delighted to announce this partnership with Algorand.

traded below $0.60 yesterday, following the recent market-wideLooking at a broader chart, though, it’s evident that has been on a downtrend since the beginning of April. The asset touched $1 on March 31 but failed to remain there and headed south, in line with most of the market.

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