This article aims to provide a comprehensive price prediction for Akash Network (AKT), a decentralized cloud computing marketplace.
Our analysis is based on thorough research, examining various market trends, historical data, and current market conditions.
To ensure accuracy, we will consider several key factors that influence the price of AKT.
These include the overall cryptocurrency market sentiment, technological advancements within the Akash Network, and the global economic environment.
Akash Network (AKT) Fundamental Analysis
| Project Name | Akash Network |
| Symbol | AKT |
| Current Price | $ 4.04 |
| Price Change (24h) | -0.10% |
| Market Cap | $ 1.00 B |
| Volume (24h) | $ 43,698,160 |
| Current Supply | 248,285,795 |
Akash Network (AKT) is currently trading at $ 4.04 and has a market capitalization of $ 1.00 B.
Over the last 24 hours, the price of Akash Network has changed by -0.10%, positioning it 94 in the ranking among all cryptocurrencies with a daily volume of $ 43,698,160.
Akash Network (AKT) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $11.85 | $14.24 | $18.83 |
| 2026 | $17.95 | $20.83 | $24.28 |
| 2027 | $14.72 | $18.54 | $21.48 |
| 2028 | $11.23 | $14.67 | $18.21 |
| 2029 | $17.32 | $20.38 | $24.73 |
| 2030 | $24.71 | $28.43 | $31.98 |
Akash Network Price Prediction 2025
By 2025, we expect to see an optimistic scenario, with the increased adoption and regulation of crypto assets.
We predict that the lowest price for AKT could be around $11.85, with an average price of $14.24 and a peak at $18.83.
This positive movement might be driven by increased usage of their decentralized cloud computing marketplace, leading to steadily increasing demand for AKT.
Akash Network Price Prediction 2026
For 2026, we foresee the continuation of the bullish scenario with the lowest price reaching $17.95, the average price moving up to $20.83 and an impressive high of $24.28.
We believe this could be due to greater acceptance of decentralized cloud computing solutions in the tech industry which will invariably increase the demand for AKT token.
Akash Network Price Prediction 2027
In 2027, we predict a natural correction phase in the market, with the lowest price dropping to $14.72, an average price of $18.54, and the highest price hitting $21.48.
This correction is a regular market process that allows for the consolidation of gains and prepares the ground for the next bull run.
Akash Network Price Prediction 2028
The correction phase is expected to continue in 2028 with the lowest price falling to $11.23, the average price at $14.67, and the highest price at $18.21.
Despite this dip, we believe that the long-term trend for AKT remains positive.
Akash Network Price Prediction 2029
In 2029, we foresee a return of the growth trajectory for AKT. We predict a jump in the lowest price to $17.32, the average price hitting $20.38, and the highest price reaching $24.73.
This growth could be fueled by an increasingly mature market and stronger use-cases for AKT tokens.
Akash Network Price Prediction 2030
By 2030, we expect AKT to reach new heights with the lowest price at $24.71, an average price of $28.43, and a peak price of $31.98.
This trend could be supported by the widespread adoption of decentralized cloud computing and the continued growth of the Akash Network.
Akash Network (AKT) Technical Analysis
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Technical Analysis can be defined as a way of forecasting future financial price movements based on an examination of past price movements.
When predicting the price of Akash Network, technical analysis is important as it helps to identify trends and price patterns which can give an insight into future price movements.
Here are three indicators used in technical analysis:
- Trend Lines: These are lines drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trend lines are a visual representation of support and resistance in any timeframe.
- Relative Strength Index (RSI): This measures the speed and change of price movements. With a scale from 0 to 100, RSI is considered overbought when above 70 and oversold when below 30. This can be used to identify potential price reversals.
- Moving Averages: These are statistics that measure the average price of a security over a specified number of periods. These are commonly used to gauge direction of trends.
Akash Network Price Predictions FAQs
What is Akash Network?
Akash Network is a decentralized computing platform that aims to reduce the costs of cloud computing by leveraging a network of data centers and enabling anyone to rent out idle computing capacity. This platform is powered by the AKT cryptocurrency.
What affects the price of Akash Network?
The price of Akash Network is influenced by a variety of factors such as the general sentiment of the market, specific news or events related to Akash Network, changes in the regulatory environment, and macroeconomic factors.
What is the future of Akash Network price?
It’s impossible to predict with certainty the future price of Akash Network due to the volatile nature of cryptocurrency markets. However, by using technical analysis and considering various market factors, one can make informed predictions about potential future price movements.
