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Market

Market stats

Market cap

$9.0M

Volume (24h)

$314,903.64

Circulating supply

68.1T AKITA

All time high

$0.000029

Price change (1h)

-0.52%

Price change (24h)

+2.75%

Price change (7d)

-8.63%

About Akita Inu

Akita Inu (AKITA) is a cryptocurrency that started as an internet meme. The team's goal is to turn the Akita Inu coin from a meme into an actual, functional coin with various applications. Akita Inu is an ERC20token on the Ethereumblockchain and aims to expand its capacity to move information and exchange data between other blockchains. As mentioned on the website, the Akita network has also bridged to Avalanche for project governance through the support of the community.

An important project that Akita Inu aims to offer is AKITA network DAO. AKITA network DAO is a decentralized autonomous organization and is a fork of Olympus. AKITA network DAO has an established reserve currency protocol on Avalanche. This established reserve currency protocol is based on the gAKITA token, the governance token of the AKITA network DAO.

As mentioned in the whitepaper, stablecoins pegged by traditional currencies have become an essential aspect of the crypto world due to lower volatility than other tokens. Users are comfortable transacting with stablecoins because they believe the value of stablecoins remains the same. This, however, is a fallacy according to the Akita Inu whitepaper. Governments control traditional currencies. This means that if the traditional currencies fall in value, so will these stablecoins. Thus, the AKITA network DAO intends to address this by producing gAKITA, an unbound stablecoin. gAKITA is an algorithmic reserve currency backed by other decentralized assets. According to AKITA network DAO, by focusing on supply expansion rather than price appreciation, gAKITA can maintain its purchasing power regardless of market instability. 

Elaborating on the tokenomics, the maximum supply of the Akita Inu token is 100,000,000,000,000 AKITA. Out of the maximum supply, 7.82% is already burned or destroyed. Token burning is sending the tokens to an unusable or invalid address called burned addresses. Once the tokens are sent to such addresses, they can never be retrieved and are lost forever. This is done to decrease the token supply and increase the token's value.

News about Akita Inu

Fetch AI Blog • Feb 22, 24

See the Unseen: How BlockAgent Transforms Blockchain Transparency

Imagine you’re playing a sport where every move is crucial. But there’s a catch — there is no way to see the scoreboard. It would be chaotic: for the players as well as the spectators. The ability to see what’s happening in real-time cannot be understated in sports. It is of utmost importance to ...

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CoinDesk • Feb 22, 24

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.

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CoinDesk • Feb 22, 24

Protocol Village: Research Paper Details 'Snarktor' Protocol With 'Recursive Proof Aggregation'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.

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The Uma Project • Feb 22, 24

How Developer DAO is embracing optimistic governance with oSnap

Tldr; Developer DAO, the community focused on supporting the next generation of Web3 builders, has integrated oSnap to decentralize its governance process. Developer DAO joins a host of key DeFi projects to embrace optimistic governance, illustrating oSnap’s growing standing in the Web3 ecosystem...

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The Defiant • Feb 22, 24

EigenLayer Raises $100M Series B Led By a16z

The highly anticipated Ethereum restaking protocol is DeFi’s fourth-largest, with nearly $8B in TVL.

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CoinDesk • Feb 22, 24

Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia

The token was up amid broader optimism surrounding AI spilling over into crypto.

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Akita Inu is on the decline this week.

The price of Akita Inu has decreased by 0.52% in the last hour and increased by 2.75% in the past 24 hours. Akita Inu’s price has also fallen by 8.63% in the past week. The current price is $0.00000013 per AKITA with a 24-hour trading volume of $314.90K. Currently, Akita Inu is valued at 99.54% below its all time high of $0.000029. This all-time high was the highest price paid for Akita Inu since its launch.

The current circulating supply of Akita Inu is 68,071,541,209,830.58 AKITA which means that Akita Inu has as total market cap of 68,071,541,209,830.58.

FAQ

What is the current price of Akita Inu?

We update our Akita Inu to USD currency in real-time. Get the live price of Akita Inu on Coinbase.

What is the market cap of Akita Inu?

The current market cap of Akita Inu is $8.99M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Akita Inu?

The all-time high of Akita Inu is $0.000029. This all-time high is highest price paid for Akita Inu since it was launched.

What is the 24 hour trading volume of Akita Inu?

Over the last 24 hours, the trading volume of Akita Inu is $314.90K.

What other assets are similar to Akita Inu?

Assets that have a similar market cap to Akita Inu include Shyft Network, GMCoin, Humanode, and many others. To see a full list, see our comparable market cap assets.

How many Akita Inu are there?

The current circulating supply of Akita Inu is 68 trillion.

Can I buy Akita Inu on Coinbase?

Yes, Akita Inu is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Akita Inu guide.

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