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About AKT

Akash Network is a Supercloud spearheading a paradigm shift in cloud computing, disrupting conventional cloud services, and pioneering a revolution in access to essential cloud resources. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized, marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability. This innovation is set to transform the way users perceive and utilize cloud services.

Akash Network (AKT) is a cryptocurrency launched in 2020. AKT has a current supply of 229.61M with 229.61M in circulation. The last known price of AKT is 4.27 USD and is -0.212306047096 over the last 24 hours. It is currently trading on active market(s) with $8.91M traded over the last 24 hours. More information can be found at https://akash.network.

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AKT Price Statistics
AKT’s Price Today
24h Price Change
-$0.2123060470964.74%
24h Volume
$8.91M13.90%
24h Low / 24h High
$0.51987475 / $0.53843839
Volume / Market Cap
0.009091458843
Market Dominance
0.04%
Market Rank
#110
AKT Market Cap
Market Cap
$979.98M
Fully Diluted Market Cap
$1.66Bn
AKT Price History
7d Low / 7d High
$0.51987475 / $0.5986555
All-Time High
$8.08Apr 07, 2021
All-Time Low
$0.16723946Nov 22, 2022
AKT Supply
Circulating Supply
229.61M
Total Supply
229.61M
Max Supply
388.54M
Updated Mar 05, 2024 8:51 pm
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AKT
Akash Network
$4.27
$0.212306047096(-4.74%)
Mkt Cap $979.98M
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Frequently Asked Questions

  • Is Akash Network (AKT) a Good Investment?

    Akash Network has a good use case in the cloud computing market, aiming to disrupt it with its decentralized and open-source approach. The potential to address real-world challenges can make it an attractive investment.Its services could gain traction amid an uptick in web3 adoption worldwide as more users and businesses seek decentralized projects. The increased adoption of Akash Network’s decentralized cloud infrastructure could encourage more investors to buy and trade AKT tokens, supporting the value of Akash Network project. The Akash Network price could also strengthen as the mood in the crypto market turns bullish. At such times, investors increase their buying activity in the market and explore projects with high potential for adoption and use.

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  • What Is Akash Network Price Prediction?

    While we cannot provide an accurate AKT price prediction due to the highly volatile and unpredictable nature of the crypto market, the following factors could offer some insight into price trends in the Akash Network cryptocurrency: Level of Adoption of Akash Network Users’ widespread adoption of Akash Network globally can contribute to price growth. The resulting uptick in on-chain activity could increase the demand for the AKT token and generate higher investor interest, thus supporting the AKT to USD price in the market. Outlook Toward Web3 and Decentralization A favorable outlook among users and investors toward the web3 sector of the crypto market could also benefit the Akash Network price. Projects offering decentralized services and real-world applications could see higher interest, encouraging an uptrend in the price of AKT token. Crypto Market Sentiment Market sentiment, including bullish or bearish trends, can significantly impact AKT's price. Positive sentiment and predictions may drive prices upward, while negative sentiment can lead to declines.

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  • What Is AKT Token Used for?

    AKT, the native utility token of Akash Network, serves several important functions within the ecosystem:Decentralized Governance of Akash Network AKT is used as a means of governance within the Akash Network. Token holders can propose and vote on changes to the network's parameters, helping to guide its development and evolution.Stake AKT to Secure Akash Network It plays a crucial role in securing the Akash blockchain through mechanisms like staking and consensus. Validators and participants use AKT to secure the network's infrastructure.Value Exchange AKT can be used for value exchange within the network. Users can transact in AKT for services, including accessing cloud computing resources provided by the network's participants.Incentive Token The token is used to incentivize participants within the network. Providers who offer computing resources can earn AKT as a reward for their contributions, fostering a dynamic ecosystem.DeFi Applications of AKT The Akash Network is geared towards the DeFi industry. AKT is used in DeFi applications built on the network, further expanding its utility.Trade or HODL AKT Trade Akash Network crypto against other digital assets on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell AKT, or hold it long-term if you believe in the future potential of the Akash Network project. Ensure you make any trading or investing decision in the crypto market only after doing your own research (DYOR).

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  • How to Stake AKT on Akash Network

    Staking AKT on the Akash Network allows you to participate in network security and earn rewards. Here’s how you can stake $AKT: 1. To get started, you need a wallet that supports AKT. Popular choices include Keplr and Atomic Wallet.2. Fund your wallet by buying AKT on KuCoin or other supported platforms and transferring your tokens to it. 3. In your wallet interface, locate the staking or delegation section. Select AKT as the asset you want to stake and choose the amount. Confirm the delegation.4. You can either stake your AKT directly or delegate it to a validator. Validators are network nodes responsible for securing the network. Delegating to a validator is a common way to stake for most users.5. Keep an eye on your staked AKT and rewards. You can adjust your staking preferences or change validators if needed.

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  • Who Are Akash Network’s Partners and Investors?

    Akash Network has received investments from institutional investors, such as Cypher Capital, Goldfingr, Recursive Ventures, and RR2 Capital. Akash Network has partnered with several companies, including Filebase, ColdStack, Concordium, Polygon, Kava Labs, CertiK, HashQuark, Equinix Metal, and Chainlink.

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  • What is the all-time high price of Akash Network (AKT)?

    The all-time high of AKT was 8.08 USD on 2021-04-07, from which the coin is now down 47.15346534653466%. The all-time high price of Akash Network (AKT) is 8.08. The current price of AKT is down 47.15346534653466% from its all-time high.

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  • How much Akash Network (AKT) is there in circulation?

    As of , there is currently 229.61M AKT in circulation. AKT has a maximum supply of 388.54M.

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  • What is the market cap of Akash Network (AKT)?

    The current market cap of AKT is 979.98M. It is calculated by multiplying the current supply of AKT by its real-time market price of 4.27.

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  • What is the all-time low price of Akash Network (AKT)?

    The all-time low of AKT was 0.16723946 , from which the coin is now up 2453.2251778378136%. The all-time low price of Akash Network (AKT) is 0.16723946. The current price of AKT is up 2453.2251778378136% from its all-time low.

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  • Is Akash Network (AKT) a good investment?

    Akash Network (AKT) has a market capitalization of $979.98M and is ranked #110 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Akash Network (AKT) price trends and patterns to find the best time to purchase AKT.

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