Akash Network (AKT) EUR Price

Akash Network Price Data

Akash Network (AKT) currently has a price of €0.54 and is down -1.86% over the last 24 hours. The cryptocurrency is ranked 179 with a market cap of €162.4M. Over the last 24 hours, it saw €3.2M of trading volume. The token has a circulating supply of 299.4M tokens out of a total supply of 299.4M tokens.

Akash Network is a decentralized marketplace for cloud computing that enhances efficiency and reduces costs. It uses a utility token called AKT to incentivize responsible usage and discourage abuse of computational resources. By requiring users to own and pledge AKT tokens, it ensures a stake in the platform's governance and helps stabilize the network.