Algorand (ALGO) Bullish Against Solana (SOL), Bitcoin (BTC), and Ethereum (ETH) in Latest Ad Campaign

May 24, 2024 at 10:10 AM GST updated: May 24, 2024 at 09:52 AM 2 mins read Crypto Live News

The Algorand Foundation shares a cheeky ad about the efficiency of its blockchain.
The clever ad highlights all its perks whilst pointing out the lack of other blockchains.
Particularly, it highlights Solana, Ethereum, and Bitcoin’s blockchain cons.

As the crypto market is in a frenzy over ETH ETF approval being confirmed, the crypto community wonders which altcoin will take the lead next for ETFs. As analysts contemplate between SOL, XRP, or DOGE ETFs, another contender shows its capability with a cheeky ad campaign.

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Algorand (ALGO) steps up to the plate and shares its blockchain prowess with a fun video ad. It seems like the ad is taking a shot against popular and iconic blockchain Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

NEW: @AlgoFoundation DROPS ANTI @solana, @ethereum, AND @Bitcoin COMMERCIAL – FEATURING @Scaramucci

pic.twitter.com/z4Qe9RjSGB
— DEGEN NEWS 🗞️ (@DegenerateNews) May 23, 2024

In detail, the ad shows a grocery store where 3 individuals try to may with BTC, ETH, and SOL. The BTC transaction takes forever, the ETH transaction incurs high transaction costs, and the SOL transaction fails to go through.

Meanwhile, the line for those paying with ALGO moves at lightning speed. This is indeed a very clever and fun ad that showcases the Algorand blockchains perks which is fast transactions, low speed, and secure chain.

This is seen as a cheap shot by many SOL, BTC, and ETH supporters who take the cleverness of the ad a little too personally. Meanwhile, others commend Algorand (ALGO) for placing themselves right in the same line and possibly higher than these popular blockchains.

Certainly this is a gutsy move from ALGO and the Algorand Foundation is taking the mean hits in stride. To responses that say ALGO is down and no one uses the chain, many projects are building happily on the Algorand ecosystem.

While the Near Protocol made a comment about not taking a shot since all blockchains are on the same team working to make the world a better place. Algorand replies amicably saying it is not a fight, as both are provided speedy and secure services and growing together.

Algorand is a steal at this price. Easy 100x – if it’s not talked and moon-boy hyped, it’s a solid foundation. Because they meet all the requirements INSTITUTIONS / COMPANIES / GOVERNMENTS want – memecoins, or chains with subpar tech care about RETAIL mass adoption
— Doesn't Matter (@CyberCynic7) May 24, 2024

Many sensible responses are amused by the cheekiness of the ad and applaud ALGO for making a clever ad that truly mentions facts. In line with this, analysts chime in saying that ALGO price will rise soon as the chart paints bullish signals. In fact, one analyst says ALGO can do an easy 100x.