Algorand Foundation Condemns Prominent Cryptocurrency Networks in Latest Advertising Campaign

In spite of facing criticisms, the advertisement also garnered its fair share of positive feedback. Hilmar Ingimundarson, co-founder of Kernel Edge, expressed that the Algorand team made the correct strategic move in terms of marketing. As per the data provided by DefiLlama, the Algorand network currently holds a total value locked of merely $96 million. This figure pales in comparison to Ethereum’s staggering $65 billion and Solana’s impressive $4.8 billion. Algorand’s bold action reminded me of a daring cat challenging a mighty lion, or a tiny mouse standing up against a formidable cat.