In this paper, we use the multivariate analytic techniques of Pemantle and Wilson to derive asymptotic formulae for the coefficients of a broad class of multivariate generating functions with algebraic singularities. Then, we apply these results to a generating function encoding information about the stationary distributions of a graph coloring algorithm studied by Butler, Chung, Cummings, and Graham (2015). Historically, Flajolet and Odlyzko (1990) analyzed the coefficients of a class of univariate generating functions with algebraic singularities. These results have been extended to classes of multivariate generating functions by Gao and Richmond (1992) and Hwang (1996Hwang ( , 1998