Akash
1
ServerAICosmos
Akash is open-source supercloud that lets users buy and sell computing resources securely and efficiently.
Chain
Cosmos
Token Price
$3.37
Total Devices
472
Twitter Followers
121,265
AKT
$3.44
$0.3021(9.618%)
Last 24 hours
Market Cap
$834,173,523
24h Trading Volume
$20,699,892
Circulating Supply
247,443,077
Fully Diluted Valuation
$854,997,539
DEX Liquidity
-
All Time High
$8.07
Akash Live Data
There are currently 472 active Akash devices. The AKT Market Cap is $834,173,523.The price today is 3.37 USD.
Device Map
Number of Devices
472
Number of Countries/Regions
48
AKT Markets
Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score |
---|---|---|---|---|---|---|---|---|---|
Gate.io | AKT/USDT | $3.44 | 0.029044% | $154,958.071 | $142,033.225 | $6,871,844 | 21.083% | an hour ago | |
XT.COM | AKT/USDT | $3.43 | 0.232288% | $10,921.917 | $9,060.224 | $2,261,385 | 6.940% | an hour ago | |
Coinbase Exchange | AKT/USD | $3.45 | 0.029002% | $138,002.497 | $161,995.803 | $2,240,355 | 6.191% | an hour ago | |
Kraken | AKT/USD | $3.45 | 0.214493% | $94,890.888 | $40,473.263 | $2,054,926 | 5.675% | an hour ago | |
KuCoin | AKT/USDT | $3.45 | 0.191349% | $33,763.342 | $55,389.836 | $1,887,336 | 5.217% | an hour ago | |
BitMart | AKT/USDT | $3.44 | 0.72338% | $16,386.377 | $19,548.267 | $1,732,579 | 4.794% | an hour ago | |
HTX | AKT/USDT | $3.44 | 0.379699% | $853.903 | $4,314.435 | $1,304,807 | 3.900% | an hour ago | |
Osmosis | AKT/USDC | $3.45 | 0.603066% | $22,684.531 | $22,616.372 | $715,805 | 1.975% | an hour ago | |
Crypto.com Exchange | AKT/USD | $3.45 | 0.219965% | $9,014.45 | $0.69 | $658,622 | 1.819% | an hour ago | |
BingX | AKT/USDT | $3.44 | 0.20284% | $25,019.425 | $42,074.599 | $534,686 | 1.644% | an hour ago |
Team
Greg Osuri
Founder and CEO
Anil Murty
Vice President
Adam Wozney
Head of Community
Learn More
Akash is open-source supercloud that lets users buy and sell computing resources securely and efficiently.
Akash currently has 247,443,077 coins in circulation.
The market cap of AKT is $834,173,523.
The highest price paid for AKT is $8.07, which was recorded on Apr 6, 2021.
The trading volume of AKT is $20,699,892 in the last 24 hours.
The price of AKT today is $3.37.
Akash News
View more4 days ago
Understanding Emissions Strategies in AI TokensAI tokens are rapidly establishing their significance within the cryptocurrency market, yet comprehending their emissions strategies is essential for mitigating short-term risks. This article explores the tokenomics of several prominent AI projects and their forthcoming supply expansions, providing insights into how these changes may impact market dynamics.
Bittensor's $TAO token is projected to experience a substantial 3.02% increase in circulating supply over the next month, translating to an additional $129.26 million in market value. This considerable emission could lead to heightened liquidity and potential selling pressure, prompting investors to closely monitor trading volumes and price fluctuations to gauge market appetite for the increased supply. In contrast, both $AKT from Akash Network and $AIOZ from AIOZ Network are set to expand their circulating supplies by more moderate percentages of 0.82% ($7.92 million) and 0.59% ($7.37 million), respectively. This measured approach aims to balance token dilution while maintaining a controlled release schedule, thereby minimizing market shocks.
On the other hand, FetchAI's $FET and Render Network's $RENDER are adopting conservative supply expansion strategies, with $FET seeing a modest 0.30% increase ($14.15 million) and $RENDER planning a minimal 0.10% increase ($4.60 million). These strategies are crafted to safeguard token value by limiting supply-side inflation, particularly during volatile market conditions. Additionally, Virtual AI Agents distinguishes itself by maintaining a static token supply since its inception, with no planned emissions, thereby eliminating dilution risk entirely. This strategy, while stabilizing supply dynamics for token holders, may restrict growth incentives through future token releases. Understanding these diverse emissions strategies is vital for effectively navigating the AI token landscape and managing associated risks.
11 days ago
Akash Network: A Leader in Decentralized Physical InfrastructureIn 2024, the cryptocurrency landscape has been dominated by the trend of Decentralized Physical Infrastructure Network (DePIN), with the Akash Network emerging as a significant player in this space. Co-founded by Greg Osuri, a notable software developer and founder of AngelHack, Akash operates as an open-source "super cloud" that facilitates the buying and selling of computing resources. This model is particularly relevant in the current age of artificial intelligence, where computing power is in high demand. DePIN leverages blockchain technology to streamline access to resources that are typically fragmented, positioning Akash as a viable alternative to centralized computing solutions like Nvidia's chips.
The Akash Network aims to democratize access to computing power, making it more affordable for individual users. Osuri emphasizes the platform's core values, stating that Akash provides users with the "right to compute," promoting freedom from censorship and encouraging free thought. The native token of the Akash Network, $AKT, serves as the currency for transactions within this ecosystem, further integrating the blockchain technology into everyday computing needs. This innovative approach has garnered significant attention and usage among users.
In a remarkable demonstration of its growing popularity, Akash reported a staggering 1,729% increase in year-over-year user fees in the third quarter of 2024. This surge indicates a strong demand for decentralized computing solutions and highlights the potential of Akash to reshape the future of cloud computing. As DePIN continues to evolve, Akash Network stands out as a pioneering force in making computing resources accessible and affordable for all users, aligning with the broader trends in the cryptocurrency space.
25 days ago
Akash Network (AKT) Price Analysis: Bullish Trends and Potential BreakoutsIn recent market activity, the Akash Network (AKT) has demonstrated a resilient bullish trend despite a broader market liquidation of $500 million within the last 24 hours. Over this period, the price of AKT has increased by 3.34%, indicating a strong upward momentum. The current price action suggests a potential breakout rally that could propel the token to new all-time highs. The daily chart reveals a falling wedge breakout, which has gained traction, and the formation of a bullish flag pattern indicates further upside potential for the Akash Network token.
The recovery of the AKT price has been remarkable, surging 86.85% from a low of $2.11 to its current price of $3.95. This upward movement has successfully surpassed the 50% Fibonacci level at $3.52 and is now challenging the 61.80% Fibonacci level at approximately $3.9851, coinciding with a significant resistance zone near the psychological mark of $4.00. For the ongoing bullish rally to persist, it is crucial for the AKT price to break through this resistance zone. Technical indicators such as the EMA suggest a potential golden crossover, while the MACD indicates a possible bearish crossover, highlighting the need for cautious optimism.
Looking ahead, the AKT price is forming a bullish engulfing candle, suggesting a continuation of the uptrend with a flag breakout. Key resistance levels to monitor include $4.00, $4.74, and $5.93, with a target of $7.87 that could signify a new all-time high for the Akash Network. However, should the price fail to maintain its bullish trajectory, a breakdown below the $3.5239 Fibonacci level could negate the current bullish momentum. Investors are keenly watching these developments as the AKT price approaches significant milestones.
a month ago
Akash Network and Lunex Network Lead the Charge in Cryptocurrency InnovationThe cryptocurrency market is witnessing significant developments, particularly with the Akash Network's DePIN protocol, which has recently crossed a billion-dollar market cap. This surge has led to a notable increase in the Akash price, reflecting growing investor confidence. Meanwhile, Solana is on the brink of achieving a new all-time high (ATH), with its market cap inflow allowing it to surpass BNB. The excitement surrounding Solana's impending ATH is not just a win for the platform but also for the broader cryptocurrency ecosystem, showcasing its potential for mainstream adoption and robust development activity.
In the realm of decentralized finance (DeFi), Lunex Network has emerged as a promising new player. This hybrid exchange offers a unique solution by facilitating cross-chain trading with over 50,000 trading pairs and a zero-fee structure. Lunex Network aims to simplify DeFi for both novice and experienced traders, making it more accessible to retail investors. With an impressive liquidity of $2.95 million already secured, Lunex is positioning itself as a key facilitator in the DeFi space, potentially democratizing access to this lucrative market.
The rise of Akash Network, Solana, and Lunex Network highlights a broader trend towards decentralized innovation beyond traditional finance. Akash's recent 10% surge in the last 24 hours and a remarkable 36% increase over the past week emphasize its potential to disrupt conventional cloud services. As the demand for decentralized, trustless platforms grows, these tokens present exciting investment opportunities. With Solana nearing its ATH and Akash's momentum, investors are keenly watching these developments, while Lunex Network continues to attract attention with its DeFi offerings.
a month ago
AKT Token Soars After Binance Futures ListingAKT, the native token of Akash Network, has recently emerged as a significant gainer in the cryptocurrency market, particularly after securing a perpetual listing on Binance Futures. On November 19, the token surged by 35%, reaching a six-month high of $4.66, which elevated its market capitalization to over $1 billion. This remarkable increase has allowed AKT to re-enter the top 100 cryptocurrencies by market cap, currently holding the 99th position. The trading volume for AKT also saw an astronomical rise of 2500% in just one day, exceeding $368.1 million, indicating a robust interest from traders and investors alike.
The price increase can be attributed to Binance Futures' announcement of the AKTUSDT Perpetual Contract, which allows traders to leverage their positions up to 75x. This has attracted many traders looking for high-risk, high-reward opportunities. Additionally, rumors surrounding potential changes in U.S. capital gains tax policies, particularly those that could benefit cryptocurrencies issued by U.S. companies, have further fueled interest in AKT. As Akash Network aims to revolutionize cloud computing through decentralized, blockchain-based solutions, the AKT token is expected to play a crucial role in its ecosystem.
Despite the excitement within the AKT community, analysts are cautioning about a potential price correction. TraderSteve_, a pseudo-anonymous analyst, highlighted that AKT might encounter selling pressure at the resistance level of $4.732, a threshold it has struggled to surpass in the past. While the current indicators suggest that AKT is overbought, with a Relative Strength Index reading of 76, the long-term outlook remains positive, with speculations that the token could eventually reach as high as $28. However, it is essential for investors to remain vigilant as the market dynamics evolve.
a month ago
Akash Network (AKT) Poised for New Highs Amid Bullish MomentumThe Akash Network (AKT) is currently making headlines as it approaches a significant milestone in the cryptocurrency market. Trading at around $4, AKT is nearing a billion-dollar market cap with a current valuation of $994 million. Over the past week, the altcoin has experienced a remarkable surge of nearly 50%, igniting discussions about its potential to reach a new 52-week high of $8.31. Analysts are closely monitoring the price action, particularly after a notable breakout from a falling wedge pattern, which has resulted in a 100% return from its previous low of $2.
Technical indicators suggest a strong bullish momentum for AKT. The price has surpassed the 50% Fibonacci retracement level at $3.60 and is currently trading above the 200-day exponential moving average (EMA). This bullish trend is further supported by the potential for a golden crossover between the 200-day EMA and the 50-day EMA. Recent trading sessions have shown a significant intraday surge of 22.73%, forming a bullish engulfing candle that indicates strong buying pressure. The MACD indicator also reflects this positive trend, marking the third consecutive week of bullish momentum, which raises expectations for continued upward movement.
Looking ahead, if the Akash Network maintains its current trajectory, analysts predict that the price could reach $6.19, paving the way for a potential breakthrough above the $6.85 mark. Fibonacci projections suggest that if this level is surpassed, AKT could aim for targets of $8.31 and even $12.09. While the bullish sentiment is strong, experts caution that minor corrections could occur, providing opportunities for consolidation before further upward movements. Overall, the Akash Network's future appears promising as it gains traction in the cryptocurrency space.
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