Akash Network Price Data
Akash Network (AKT)
currently has a price of
₨168.097
and is
down
-3.0037%
over the last 24 hours. The cryptocurrency is ranked
176
with a market cap of
₨50.4B.
Over the last 24 hours, it saw
₨1.4B
of trading volume. The token has a circulating supply of
299.7M
tokens out of a total supply of
299.7M
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.