Akt
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$AKT has confirmed a breakout from the falling wedge pattern and is holding strong above the 21 EMA. Price is showing good momentum, aiming for the next target around $3.40. As long as $1.16 support holds, the bullish structure remains valid.
#AKT #BTC #Write2Earn
#AKT #BTC #Write2Earn
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Lesser-known coins that could give X10.
Kaspa KAS
Ultra-fast blockchain (Proof-of-Work, but modernized).
Very active community.
Feature: almost instant transactions.
Already noticeable interest from large investors.
2. Sei Network SEI
New L1 blockchain optimized for trading.
Feature: ultra-low fees and speed.
If the trend goes towards new exchanges and trading platforms — it could "take off".
3. Celestia TIA
Innovative blockchain for modular systems (separation of data storage and computation).
Great potential in the development of Web3.
Feature: could become a base for new networks.
4. Akash Network AKT
Decentralized cloud computing.
Competitor to AWS, Google Cloud — but in the crypto world.
If the demand for Web3 hosting increases — has great potential.
5. Render RNDR
Decentralized computing for 3D graphics and AI.
Connecting to the trend of AI, VR, Metaverse.
Support for large projects.
But remember that these coins are high-risk, so invest 5-10% of your portfolio.
#Sei #RNDR #AKT #crypto
Kaspa KAS
Ultra-fast blockchain (Proof-of-Work, but modernized).
Very active community.
Feature: almost instant transactions.
Already noticeable interest from large investors.
2. Sei Network SEI
New L1 blockchain optimized for trading.
Feature: ultra-low fees and speed.
If the trend goes towards new exchanges and trading platforms — it could "take off".
3. Celestia TIA
Innovative blockchain for modular systems (separation of data storage and computation).
Great potential in the development of Web3.
Feature: could become a base for new networks.
4. Akash Network AKT
Decentralized cloud computing.
Competitor to AWS, Google Cloud — but in the crypto world.
If the demand for Web3 hosting increases — has great potential.
5. Render RNDR
Decentralized computing for 3D graphics and AI.
Connecting to the trend of AI, VR, Metaverse.
Support for large projects.
But remember that these coins are high-risk, so invest 5-10% of your portfolio.
#Sei #RNDR #AKT #crypto
Akash Network (AKT)
• Current Price: $1.28
• Target Price: $1.80
• Verdict: Worth grabbing—AKT offers decentralized cloud computing services, catering to the growing demand for AI workloads.
• #AkashNetwork #AKT #AI #CryptoGems #writetoearn
• Current Price: $1.28
• Target Price: $1.80
• Verdict: Worth grabbing—AKT offers decentralized cloud computing services, catering to the growing demand for AI workloads.
• #AkashNetwork #AKT #AI #CryptoGems #writetoearn
PEPE 0x69 ON BASE (PEPE) is a crypto asset in the market. Its current price is $8.32448e-10 USD, with a 0.01598% change from the previous close. The intraday high is $8.35936e-10 USD, while the low is $7.64235e-10 USD.
In November 2024, PEPE reached a new all-time high of $0.00002597, marking a 233% increase from its earlier low of $0.00000771 on November 4. This surge was largely driven by increased activity from large investors, known as "whales," and heightened interest in the derivatives market.
Technical analysis indicates a bullish trend for PEPE. The Relative Strength Index (RSI) has risen to 66.05, suggesting increased buying pressure, though it remains below the overbought threshold of 70. Additionally, the Moving Average Convergence Divergence (MACD) has entered a bullish phase, with the MACD line crossing above the signal line and the histogram showing positive momentum.
Analysts predict that if PEPE maintains its current momentum, it could target resistance levels at $0.00002250 and $0.00002500, potentially leading to a 75% rally. However, sustaining this rally will require continued growth in trading volume.
Investors are advised to monitor these technical indicators and market dynamics closely, as the cryptocurrency market is highly volatile and subject to rapid changes.#vlados7643 #BinanceAlphaAlert #Megadrop $PEPE
$FDUSD
$USDC
In November 2024, PEPE reached a new all-time high of $0.00002597, marking a 233% increase from its earlier low of $0.00000771 on November 4. This surge was largely driven by increased activity from large investors, known as "whales," and heightened interest in the derivatives market.
Technical analysis indicates a bullish trend for PEPE. The Relative Strength Index (RSI) has risen to 66.05, suggesting increased buying pressure, though it remains below the overbought threshold of 70. Additionally, the Moving Average Convergence Divergence (MACD) has entered a bullish phase, with the MACD line crossing above the signal line and the histogram showing positive momentum.
Analysts predict that if PEPE maintains its current momentum, it could target resistance levels at $0.00002250 and $0.00002500, potentially leading to a 75% rally. However, sustaining this rally will require continued growth in trading volume.
Investors are advised to monitor these technical indicators and market dynamics closely, as the cryptocurrency market is highly volatile and subject to rapid changes.#vlados7643 #BinanceAlphaAlert #Megadrop $PEPE
$FDUSD
$USDC
The AI sector on exchanges, including $NFP #AKT and #GRASS is seeing catch-up growth, while the on-chain AI sector faces a collective pullback.
At the same time, #SWARMS was recently listed, enabling users to trade on Bitget for additional tokens.
Do you believe AI coins have the potential to revolutionize the crypto space?"
At the same time, #SWARMS was recently listed, enabling users to trade on Bitget for additional tokens.
Do you believe AI coins have the potential to revolutionize the crypto space?"
#PHA Token has demonstrated robust performance since lunch on Spot Trade. currently at $0.48 with a MCAP of $406,868,535. It move from $0.41 to over $0.52 in less than 24hrs.
What could the secret behind $PHA be? Let’s break it down.
$PHA is a decentralized cloud computing protocol and also a Web3 AI Execution Layer that bridge AI and blockchain for global adoption. $PHA project is similar to #FLUX ,#AKT and #RNDR . Now available on Bitget, #PHA is creating a buzz among early adopters. Can it make a significant mark on Ethereum?
What could the secret behind $PHA be? Let’s break it down.
$PHA is a decentralized cloud computing protocol and also a Web3 AI Execution Layer that bridge AI and blockchain for global adoption. $PHA project is similar to #FLUX ,#AKT and #RNDR . Now available on Bitget, #PHA is creating a buzz among early adopters. Can it make a significant mark on Ethereum?
#AKT /USTD Short Trade setup, Trade at your own risk.
Entry Zones:
$1.42
$1.46
Targets:
Target 1: $1.39
Target 2: $1.37
Target 3: $1.36
Stop Loss: Above $1.69 (clear invalidation of bearish setup)
Bearish Reversal Forming: AKT is showing signs of exhaustion near resistance with lower highs on lower timeframes.
EMA & Trendline Rejection: Price is getting rejected from both EMA resistance and a descending trendline, confirming seller strength.
#BinanceAlphaAlert #MarketRebound #USTariffs #TrendingTopic
Entry Zones:
$1.42
$1.46
Targets:
Target 1: $1.39
Target 2: $1.37
Target 3: $1.36
Stop Loss: Above $1.69 (clear invalidation of bearish setup)
Bearish Reversal Forming: AKT is showing signs of exhaustion near resistance with lower highs on lower timeframes.
EMA & Trendline Rejection: Price is getting rejected from both EMA resistance and a descending trendline, confirming seller strength.
#BinanceAlphaAlert #MarketRebound #USTariffs #TrendingTopic
#AKT Long Liquidation Analysis
Entry Point:
Consider entering a long position at $3.44, as this level has historically shown significant support. This provides a strategic entry point for traders looking to capitalize on potential upward momentum.
Target:
Set an ambitious target at $4.00, allowing for healthy gains while taking into account projected market movements. This target reflects a technical analysis based on recent trends in #AKT price action.
Stop Loss:
Implement a stop loss slightly below key support at $3.20 to mitigate risks. This stop loss level is crucial to protect your investment should the market move unfavorably against your position in AKT.
Risk Reward Ratio:
Analyze to achieve a favorable risk-reward ratio of 1:3. This means for every dollar risked, the potential reward is three dollars, which aligns with prudent trading strategies in volatile markets.
In conclusion, the situation surrounding #AKT indicates potential volatility, and decisions must be made with careful consideration of the market landscape.
Investment Disclaimer
Investments are subject to high market risks, including extreme volatility, regulatory changes, and the potential loss of principal. Past performance does not guarantee future results. Always assess your risk tolerance, conduct thorough research, and consult a financial advisor before making any investment decisions.
#Binance250Million
#BinanceAlphaAlert
Entry Point:
Consider entering a long position at $3.44, as this level has historically shown significant support. This provides a strategic entry point for traders looking to capitalize on potential upward momentum.
Target:
Set an ambitious target at $4.00, allowing for healthy gains while taking into account projected market movements. This target reflects a technical analysis based on recent trends in #AKT price action.
Stop Loss:
Implement a stop loss slightly below key support at $3.20 to mitigate risks. This stop loss level is crucial to protect your investment should the market move unfavorably against your position in AKT.
Risk Reward Ratio:
Analyze to achieve a favorable risk-reward ratio of 1:3. This means for every dollar risked, the potential reward is three dollars, which aligns with prudent trading strategies in volatile markets.
In conclusion, the situation surrounding #AKT indicates potential volatility, and decisions must be made with careful consideration of the market landscape.
Investment Disclaimer
Investments are subject to high market risks, including extreme volatility, regulatory changes, and the potential loss of principal. Past performance does not guarantee future results. Always assess your risk tolerance, conduct thorough research, and consult a financial advisor before making any investment decisions.
#Binance250Million
#BinanceAlphaAlert
🎯AKT Trade Setup: Risk-to-Reward Ratio 4
$AKT :🚀🚀
#AKT Trade Setup: Risk-to-Reward Ratio 4
Entry: cmp
Take Profit (TP): 4.27
Stop Loss (SL): 3.567
Timeframe: 4H
Technical Confluences:
Fibonacci Golden Pocket: Price aligns within the golden pocket zone, increasing the probability of a reaction.
4H Order Block Tap: Entry is based on a retest of a high-probability demand zone.
Risk-to-Reward Ratio: 4
Trade Plan:
Enter at cmp after confirming bullish reactions from the order block.
Target profit at 4.27, aligned with resistance
Protect capital with a stop loss at 3.567, just below the order block and invalidation level.
Disclaimer:This analysis is for educational and informational purposes only. Trading in financial markets involves significant risk and may result in the loss of your invested capital. Ensure proper risk management and trade only with funds you can afford to lose. This setup is not financial advice
#aktusdt #Write2Earn! #BinanceSquareFamily #MarketMajorComeback
#AKT Trade Setup: Risk-to-Reward Ratio 4
Entry: cmp
Take Profit (TP): 4.27
Stop Loss (SL): 3.567
Timeframe: 4H
Technical Confluences:
Fibonacci Golden Pocket: Price aligns within the golden pocket zone, increasing the probability of a reaction.
4H Order Block Tap: Entry is based on a retest of a high-probability demand zone.
Risk-to-Reward Ratio: 4
Trade Plan:
Enter at cmp after confirming bullish reactions from the order block.
Target profit at 4.27, aligned with resistance
Protect capital with a stop loss at 3.567, just below the order block and invalidation level.
Disclaimer:This analysis is for educational and informational purposes only. Trading in financial markets involves significant risk and may result in the loss of your invested capital. Ensure proper risk management and trade only with funds you can afford to lose. This setup is not financial advice
#aktusdt #Write2Earn! #BinanceSquareFamily #MarketMajorComeback
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【K-Line Research Institute Intelligent AI Recommended Coins】
Today's recommended coin: $AKT #AKT
Follow K-Line Research Institute to learn more about AI recommended coins and trading knowledge.
(Click to follow, and after reaching 1000 followers, we will distribute red envelopes)
Looking at the historical market trends, it is also a coin that has been fluctuating downwards, but unusual occurrences must have their reasons; buying at the bottom and then experiencing a 30% surge directly hits the long-term resistance level. There is also significant profit potential above, approaching 100% profit space, indicating that there are still opportunities. In this consolidation range, you can try to enter in batches, and the risk-reward ratio is very favorable.
Today's recommended coin: $AKT #AKT
Follow K-Line Research Institute to learn more about AI recommended coins and trading knowledge.
(Click to follow, and after reaching 1000 followers, we will distribute red envelopes)
Looking at the historical market trends, it is also a coin that has been fluctuating downwards, but unusual occurrences must have their reasons; buying at the bottom and then experiencing a 30% surge directly hits the long-term resistance level. There is also significant profit potential above, approaching 100% profit space, indicating that there are still opportunities. In this consolidation range, you can try to enter in batches, and the risk-reward ratio is very favorable.
AKTUSDT
5X
Long
Unrealized PNL
+10.00%
#USElectronicsTariffs U.S. ELECTRONICS TARIFFS = CRYPTO CHAOS! 🔥
The U.S. just DROPPED A TARIFF BOMB on electronics!
Will crypto miners, AI coins, and DePIN tokens CRASH… or MOON?
⚠️ WHY IT MATTERS:
ASIC miners, GPUs, hardware COSTS WILL SKYROCKET! RNDR,RNDR,AKT, $IOTA—projects tied to tech could PUMP (supply squeeze) or DUMP (panic sell)!
Whales are SWARMING Binance Futures—volatility incoming!
🚀 TRADE THE NARRATIVE:
✅ LONG AI/GPU COINS if tariffs spark scarcity!
✅ SHORT MINING STOCKS if hardware costs explode!
✅ HODL DECENTRALIZED TECH (DePIN) as the “tariff-proof” play!
BINANCE SQUARE, SOUND OFF!
👉 Will tariffs CRUSH crypto or fuel a REVOLUTION?
👉 Drop your bets: RNDR🔼or🔽?RNDR🔼or🔽?AKT 🔥 or 💀?
#USATariffs #RNDR #AKT #CryptoAlert
The U.S. just DROPPED A TARIFF BOMB on electronics!
Will crypto miners, AI coins, and DePIN tokens CRASH… or MOON?
⚠️ WHY IT MATTERS:
ASIC miners, GPUs, hardware COSTS WILL SKYROCKET! RNDR,RNDR,AKT, $IOTA—projects tied to tech could PUMP (supply squeeze) or DUMP (panic sell)!
Whales are SWARMING Binance Futures—volatility incoming!
🚀 TRADE THE NARRATIVE:
✅ LONG AI/GPU COINS if tariffs spark scarcity!
✅ SHORT MINING STOCKS if hardware costs explode!
✅ HODL DECENTRALIZED TECH (DePIN) as the “tariff-proof” play!
BINANCE SQUARE, SOUND OFF!
👉 Will tariffs CRUSH crypto or fuel a REVOLUTION?
👉 Drop your bets: RNDR🔼or🔽?RNDR🔼or🔽?AKT 🔥 or 💀?
#USATariffs #RNDR #AKT #CryptoAlert
Today’s Biggest Crypto Winners: Sei- Optimism- Akash Network- Avalanche
Today, in the world of cryptocurrency, Sei, Optimism, Akash Network, and Avalanche have shown remarkable gains.
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Sei’s surge is driven by positive market vibes, showcasing its technology for digital asset trading. Optimism stands out for its resilience amid market shifts, boosted by recent partnerships and network expansion. Akash Network’s climb highlights its innovative cloud computing approach, while Avalanche’s rise is fueled by its growth potential and upcoming network enhancements, cementing its role in the crypto world. Investors are eagerly awaiting future developments.
Dynamic Day in the Crypto Market
Today’s cryptocurrency market demonstrated strong activity, with a remarkable trading volume of $243.88 billion recorded in the last 24 hours. The prevailing bullish sentiment was evident as 94% of cryptocurrencies registered gains during this period.
Leading the charge, Nervos Network Price (CKB) saw an impressive surge of 56.20%, reaching $0.007431. Conversely, API3 Token (API3) experienced the largest decline of the day, dropping by -3.52% to a price of $3.57.
Sei: A Standout Performer in the Crypto Market
Investors are closely monitoring Sei amid a significant surge among today’s top crypto gainers. The recent rise of Sei reflects a bullish market sentiment, with the Greed/Fear Index hitting an extreme level of 79 (Extreme Greed). Currently priced at $0.740470, Sei has experienced an impressive 11.26% surge in the last 24 hours, elevating its market capitalization to $1.80 billion and securing its position at #11 in the Proof-of-Stake Coins sector and #27 in the Layer 1 sector.
Sei distinguishes itself with innovative technology tailored for digital asset trading. Its advanced consensus mechanism and technical capabilities position it as one of the fastest blockchains available, specifically catering to the requirements of exchanges and decentralized trading platforms. The native token of the Sei blockchain, SEI Coin, offers users unmatched speed, efficiency, and security in transactions, setting it apart in the competitive cryptocurrency landscape.
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Despite recent market fluctuations, Sei maintains its competitive edge and demonstrates resilience against major cryptocurrencies. Over the last month, Sei has experienced a slight downturn, showing a decrease of -2.03% against Ethereum and -12.92% against Bitcoin. However, with a trading volume of $728.76 million and a market dominance of 0.10%, Sei exhibits strong liquidity and market presence.
Optimism: Advancing Ahead of Bitcoin Halving
Optimism has emerged as one of today’s top crypto gainers, making significant strides in anticipation of the Bitcoin halving in 2024. A recent partnership announcement with Base, focusing on protocol management and economics, aims to bolster Optimism’s features and attract more users.
Despite a minor decline in trading value from $4.57 to $3.72, OP remains a major player in the Ethereum ecosystem. This dip does not overshadow its resilience, especially amidst a broader altcoin rally triggered by Bitcoin’s surge to over $48,000.
Optimism boasts a market cap of $799.71 million and a 24-hour trading volume of $806.33 million. Additionally, OP is trading well above its 200-day simple moving average, currently at $1.598170, indicating market stability and investor confidence.
Experts view cryptocurrencies, like Optimism, as hedges against volatility in traditional assets. This sentiment is particularly evident amid concerns about the stability of the U.S. banking system following the struggles of New York Community Bancorp. Optimism’s integration with Orderly Network has led to an impressive 800% increase in addresses, demonstrating growing interest in the platform.
Akash Network: A Standout Performer Among Top Crypto Gainers
Among today’s top crypto gainers stands Akash Network, drawing attention for compelling reasons. Currently priced at $3.29, Akash Network has experienced an 8.15% surge in the last 24 hours, accompanied by a significant increase in market capitalization to $749.12 million.
Akash holds the #17 position in the Proof-of-Stake Coins sector and #6 in the AI Crypto sector, driven by a bullish market sentiment reflected in the Greed/Fear Index rising to 79.
A standout feature of Akash Network is its innovative technology, utilizing blockchain to establish an open-source, decentralized marketplace for cloud computing. This approach delivers unmatched speed, efficiency, and affordability to users.
The utility of AKT extends beyond cloud computing, facilitating staking, governance, and transactions within the ecosystem. This incentivizes network operation and fosters active participation. In terms of performance, Akash has exhibited impressive month-to-date growth, with a 14.88% increase in the last month. It has also outperformed 94% of the top 100 crypto assets in the past year, including Bitcoin and Ethereum.
With a trading volume of $5.74 million and a market dominance of 0.04%, Akash Network demonstrates robust liquidity and market presence. Positioned as an innovator in cloud computing, Akash continues to attract attention and investment in the cryptocurrency space.
Avalanche Emerges as a Top Crypto Gainer
Avalanche has once again secured a place among today’s top crypto gainers, witnessing a notable increase of 6.33% in the past 24 hours. This surge has propelled its current price to $41.40, with a substantial trading volume of $1.34 billion, driving its market capitalization to an impressive $15.21 billion. With a market dominance of 0.81%, this bullish momentum cements Avalanche’s position as a significant player in the crypto space.
Avalanche’s performance over the past year underscores significant growth potential, with a remarkable 134% increase in price. Outpacing 79% of its crypto counterparts, including Bitcoin and Ethereum, Avalanche’s upward trajectory is evident. Moreover, trading well above its 200-day Simple Moving Average, currently at $15.75, further bolsters investor confidence.
In recent news, Avalanche Network is preparing for two major events: the Durango upgrade activation and a token unlock, scheduled for February 13 and 22, respectively. These events hold significance for AVAX holders and may impact the token’s price. With pre-released code circulating and a focus on enhancing cross-chain communication, anticipation surrounds the network’s evolution.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#sei #optimism #akash #akt #avax
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Sei’s surge is driven by positive market vibes, showcasing its technology for digital asset trading. Optimism stands out for its resilience amid market shifts, boosted by recent partnerships and network expansion. Akash Network’s climb highlights its innovative cloud computing approach, while Avalanche’s rise is fueled by its growth potential and upcoming network enhancements, cementing its role in the crypto world. Investors are eagerly awaiting future developments.
Dynamic Day in the Crypto Market
Today’s cryptocurrency market demonstrated strong activity, with a remarkable trading volume of $243.88 billion recorded in the last 24 hours. The prevailing bullish sentiment was evident as 94% of cryptocurrencies registered gains during this period.
Leading the charge, Nervos Network Price (CKB) saw an impressive surge of 56.20%, reaching $0.007431. Conversely, API3 Token (API3) experienced the largest decline of the day, dropping by -3.52% to a price of $3.57.
Sei: A Standout Performer in the Crypto Market
Investors are closely monitoring Sei amid a significant surge among today’s top crypto gainers. The recent rise of Sei reflects a bullish market sentiment, with the Greed/Fear Index hitting an extreme level of 79 (Extreme Greed). Currently priced at $0.740470, Sei has experienced an impressive 11.26% surge in the last 24 hours, elevating its market capitalization to $1.80 billion and securing its position at #11 in the Proof-of-Stake Coins sector and #27 in the Layer 1 sector.
Sei distinguishes itself with innovative technology tailored for digital asset trading. Its advanced consensus mechanism and technical capabilities position it as one of the fastest blockchains available, specifically catering to the requirements of exchanges and decentralized trading platforms. The native token of the Sei blockchain, SEI Coin, offers users unmatched speed, efficiency, and security in transactions, setting it apart in the competitive cryptocurrency landscape.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com
Despite recent market fluctuations, Sei maintains its competitive edge and demonstrates resilience against major cryptocurrencies. Over the last month, Sei has experienced a slight downturn, showing a decrease of -2.03% against Ethereum and -12.92% against Bitcoin. However, with a trading volume of $728.76 million and a market dominance of 0.10%, Sei exhibits strong liquidity and market presence.
Optimism: Advancing Ahead of Bitcoin Halving
Optimism has emerged as one of today’s top crypto gainers, making significant strides in anticipation of the Bitcoin halving in 2024. A recent partnership announcement with Base, focusing on protocol management and economics, aims to bolster Optimism’s features and attract more users.
Despite a minor decline in trading value from $4.57 to $3.72, OP remains a major player in the Ethereum ecosystem. This dip does not overshadow its resilience, especially amidst a broader altcoin rally triggered by Bitcoin’s surge to over $48,000.
Optimism boasts a market cap of $799.71 million and a 24-hour trading volume of $806.33 million. Additionally, OP is trading well above its 200-day simple moving average, currently at $1.598170, indicating market stability and investor confidence.
Experts view cryptocurrencies, like Optimism, as hedges against volatility in traditional assets. This sentiment is particularly evident amid concerns about the stability of the U.S. banking system following the struggles of New York Community Bancorp. Optimism’s integration with Orderly Network has led to an impressive 800% increase in addresses, demonstrating growing interest in the platform.
Akash Network: A Standout Performer Among Top Crypto Gainers
Among today’s top crypto gainers stands Akash Network, drawing attention for compelling reasons. Currently priced at $3.29, Akash Network has experienced an 8.15% surge in the last 24 hours, accompanied by a significant increase in market capitalization to $749.12 million.
Akash holds the #17 position in the Proof-of-Stake Coins sector and #6 in the AI Crypto sector, driven by a bullish market sentiment reflected in the Greed/Fear Index rising to 79.
A standout feature of Akash Network is its innovative technology, utilizing blockchain to establish an open-source, decentralized marketplace for cloud computing. This approach delivers unmatched speed, efficiency, and affordability to users.
The utility of AKT extends beyond cloud computing, facilitating staking, governance, and transactions within the ecosystem. This incentivizes network operation and fosters active participation. In terms of performance, Akash has exhibited impressive month-to-date growth, with a 14.88% increase in the last month. It has also outperformed 94% of the top 100 crypto assets in the past year, including Bitcoin and Ethereum.
With a trading volume of $5.74 million and a market dominance of 0.04%, Akash Network demonstrates robust liquidity and market presence. Positioned as an innovator in cloud computing, Akash continues to attract attention and investment in the cryptocurrency space.
Avalanche Emerges as a Top Crypto Gainer
Avalanche has once again secured a place among today’s top crypto gainers, witnessing a notable increase of 6.33% in the past 24 hours. This surge has propelled its current price to $41.40, with a substantial trading volume of $1.34 billion, driving its market capitalization to an impressive $15.21 billion. With a market dominance of 0.81%, this bullish momentum cements Avalanche’s position as a significant player in the crypto space.
Avalanche’s performance over the past year underscores significant growth potential, with a remarkable 134% increase in price. Outpacing 79% of its crypto counterparts, including Bitcoin and Ethereum, Avalanche’s upward trajectory is evident. Moreover, trading well above its 200-day Simple Moving Average, currently at $15.75, further bolsters investor confidence.
In recent news, Avalanche Network is preparing for two major events: the Durango upgrade activation and a token unlock, scheduled for February 13 and 22, respectively. These events hold significance for AVAX holders and may impact the token’s price. With pre-released code circulating and a focus on enhancing cross-chain communication, anticipation surrounds the network’s evolution.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#sei #optimism #akash #akt #avax
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