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How to Buy Akash Network
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Akash Network Price (AKT)
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Market stats
Akash Network is on the rise this week. ↗
The price of Akash Network has decreased by 1.04% in the last hour and decreased by 2.49% in the past 24 hours. Akash Network’s price has also risen by 10.72% in the past week. The current price is $4.64 per AKT with a 24-hour trading volume of $17.52M. Currently, Akash Network is valued at 42.63% below its all time high of $8.08. This all-time high was the highest price paid for Akash Network since its launch.
The current circulating supply of Akash Network is 248,285,794.661 AKT which means that Akash Network has as total market cap of 248,285,794.661.
Overall
Market cap
$1.1B
Volume (24h)
$17.5M
Circulating
248.3M AKT
Hold time
2 days
Popularity
#110
All time high
$8.08
Price change
1 hour
↘ 1.04%
1 day
↘ 2.49%
1 week
↗ 10.72%
2 weeks
↗ 14.26%
1 month
↗ 91.22%
1 year
↗ 153.66%
1 year benchmarks
Performance
↗ 156.69%
Vs. Market
↗ 12.58%
Vs. BTC
↗ 13.53%
Vs. ETH
↗ 51.55%
About Akash Network
Akash is a blockchain network that supports a decentralized compute marketplace. Akash allows users to lease computing resources from the network’s providers. AKT is the network’s utility token and can be used to secure the network through staking. AKT can also be used to participate in network governance. AKT tokens can be used to vote on proposals related to the network’s development and grant allocations.
Akash Network is an open-source, decentralized marketplace for cloud computing resources. It intends to offer an alternative to the traditional cloud services industry by leveraging blockchain technology to provide a more efficient, affordable, and effective solution. Akash Network enables users to exchange computing resources securely, effectively creating a Supercloud. This Supercloud is designed to be owned and managed by its community, with the source code available to everyone. It operates on a "reverse auction" system, where customers propose their desired price and providers compete for the business, often resulting in lower prices compared to other cloud systems.
Akash Network operates on a decentralized marketplace model, where users can exchange computing resources. It uses a unique system, where customers propose their desired price and providers compete for the business. This system is powered by a simple-to-use YAML-based language called SDL, which allows users to create complex deployments spanning multiple areas and providers. Akash Network runs on Kubernetes, a container orchestration system, ensuring a reliable platform for hosting applications. It also offers a large-scale storage system and the ability to rent a dedicated IP address for applications.
Akash Network strives to provide a more efficient, affordable, and effective solution for cloud computing resources. It can be used to deploy and manage cloud infrastructure, exchange unused cloud resources, or acquire cloud resources from others. This makes it a versatile tool for a wide range of applications, from hosting web services to running complex AI models. Furthermore, Akash Network's decentralized nature and commitment to privacy and security make it a suitable option for applications that require censorship resistance and pseudonymity.
Akash Network was developed with the intention of offering an alternative to the traditional cloud services industry by leveraging blockchain technology. It was built on dependable technologies like Kubernetes and Cosmos, and is owned and managed by its community. Akash Network is the first blockchain to have carried out an Inter-Blockchain Communication (IBC) transaction with Cosmos Hub, enabling it to communicate natively with other blockchains that are also IBC compatible. Over time, Akash Network has continued to evolve and improve, with the community overseeing all aspects of its development and operation.
Akash Network Price History
Date | Price | Change |
|---|---|---|
Today (December 8, 2024) | $4.64 | -2.38% |
24 hours ago (December 7, 2024) | $4.74 | -2.49% |
1 week ago (December 1, 2024) | $4.18 | 10.72% |
1 month ago (November 8, 2024) | $2.42 | 91.22% |
1 year ago | $1.80 | 153.66% |
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Akash Network Calculator
FAQ
What is the current price of Akash Network?
We update our Akash Network to USD currency in real-time. Get the live price of Akash Network on Coinbase.
What is the market cap of Akash Network?
The current market cap of Akash Network is $1.15B. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Akash Network?
The all-time high of Akash Network is $8.08. This all-time high is highest price paid for Akash Network since it was launched.
What is the 24 hour trading volume of Akash Network?
Over the last 24 hours, the trading volume of Akash Network is $17.52M.
What other assets are similar to Akash Network?
Assets that have a similar market cap to Akash Network include Ronin, Cheelee, KuCoin Token, and many others. To see a full list, see our comparable market cap assets.
How many Akash Network are there?
The current circulating supply of Akash Network is 248 million.
What is the typical holding time of Akash Network?
The median time that Coinbase customers hold Akash Network before selling it or sending it to another account or address is 2 days.
What is the relative popularity of Akash Network?
Akash Network ranks 57 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Can I buy Akash Network on Coinbase?
Yes, Akash Network is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Akash Network guide.
Social
Some highlights about Akash Network on social media
1,346 unique individuals are talking about Akash Network and it is ranked #258 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Akash Network has an average sentiment score of 3.4 out of 5. Finally, Akash Network is becoming more newsworthy, with 0 news articles published about Akash Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Akash Network. There were 51.44% of tweets with bullish sentiment compared to 20.99% of tweets with a bearish sentiment about Akash Network. 27.57% of tweets were neutral about Akash Network. These sentiments are based on 243 tweets.
On Reddit, Akash Network was mentioned in 72 Reddit posts and there were 119 comments about Akash Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
Contributors
1,346 people
Posts
164 posts
Dominance
0.07%
Volume rank
#258
Average Sentiment
3.4 out of 5
Tweet Count
243 people
Sentiment
51.44%
Bullish
27.57%
Neutral
20.99%
Bearish
Posts
72
Comments
119
Post Score
100
Comment Score
107
Guides
Coinbase Bytes
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.