Akash Network (AKT)

Akash Network (AKT)
Akash Network is at the forefront of a transformative wave in cloud computing, challenging traditional services with its innovative, blockchain-based, open-source cloud marketplace. This platform promises enhanced speed, efficiency, and cost-effectiveness.

In the latest market update, Akash Network's cryptocurrency experienced a near 4% rise in intraday trading. This uptick follows a bullish reversal from the previous day. However, volume analysis suggests a 10.1% decrease in volume inflow, hinting at lower demand at increased price levels.

Moreover, it has a live market cap of nearly $751.62 Million and ranks 91st in the overall crypto market. the volume to market cap ratio 3.87% indicating low volatility. Out of a 388.53 Million AKT tokens, 62% i.e. 241.15 Million tokens are in the circulating supply.