Get to Know More about ANKT Token

Modified on Wed, 29 Nov 2023 at 02:44 PM

What is ANKR token?

ANKR is the native utility and governance token of Ankr categorized as an ERC20 token which can be used in many ways such as payment in the Ankr network or use as staking or exchanging. ANKR coin holders are able to vote on many proposed topics that are related to governance and DAO of the network.

ANKR Price Update

As of August 15, 2023, from Coinmarketcap, ANKR has a maximum supply of 10 billion tokens and currently has a market capitalization of approximately $239.36 million (or 8,468 THB). ANKR’s token value as of today stands at $0.02394 per 1 token, and ANKR is the 123rd highest total value among cryptocurrencies worldwide.

What’s next for ANKR token?

Initially, at its launch, ANKR didn’t perform as well as other well-known tokens. However, today ANKR has demonstrated its potential for continuous growth. Many institutions now view ANKR as a noteworthy token for trading and partnerships were formed with various companies. As people begin to catch on to ANKR, it could potentially evolve into something beyond our current imagination.

In February 2023, recent announcements from Ankr indicated a collaboration with the technology giant Microsoft. They unveiled a new application on Microsoft Azure. This partnership caused the ANKR token to surge in value from $0.03305 to $0.05583 USD, a 69% increase, within just one hour. Despite the significant impact of this Microsoft announcement, as of the time of writing this article, the price of ANKR still remains far from its all-time high recorded on March 28, 2021, at $0.2252 USD, marking a decline of -89.36%. It remains to be seen how the future trajectory of this coin unfolds.


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