> For the complete documentation index, see [llms.txt](https://lofty-2.gitbook.io/faqs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lofty-2.gitbook.io/faqs/faq/does-the-price-of-algorand-affect-the-price-of-lofty-tokens.md).

# Does the price of Algorand affect the price of Lofty tokens?

No. Lofty tokens are based on the value of the property itself. The value of Lofty tokens has nothing to do with the price of Algorand and thus is not susceptible to the same volatility.