Launched on the Osmosis chain, the Akash Network made its first appearance in the crypto market in March 2018. This AI project is a super cloud of cloud computing, cloud services, and cloud resources. It is an open-source decentralized (DeFi) marketplace.
Notably, the Akash Network’s Native token, AKT, has a circulating supply of 237,192,753 AKT and a maximum supply of 388,539,008 AKT tokens. With a market cap of $1.383 Billion, the Akash Network has successfully secured the 63rd spot in the global crypto market list.
With a constant rise in the hype of the Artificial Intelligence (AI) category, are you planning on investing in this crypto token? But are you concerned about its future prospects? Or curious if “will AKT price hit $10 this year?”
Dive in as, in this article, we cover the in-detailed price sentiments and future price targets of Akash Network (AKT) for the years 2024 to 2030 and the year to come.
AKT Overview
CryptocurrencyAkash NetworkTokenAKTPrice $ 5.87605572
-0.35% Market Cap $ 1,393,842,088.5238Circulating Supply 237,207,091.9547Trading Supply $ 36,955,493.9371All-time High$8.08 on 27th April 2021All-time Low$0.1672 on 22nd November 202224 High $ 0.000024 Low $ 0.0000
AKT Price Prediction May 2024
The Akash Network price displayed a significant price action for the first two months by adding over 161% during this time. After this, the price faced rejection at the resistance level of $6.20, following which it displayed a neutral trend for a brief period.
As the volatility in the market grew, the bulls recorded a correction of approximately 50%. However, after testing its low of $3.212, the bulls regained momentum. Since then, the price has been constantly trading under a bullish sentiment.
The Cross EMA 50/200-day displays a bullish price sentiment in the 1D time frame, suggesting a strong bullish influence on the AKT price during the upcoming months.
On the other hand, the technical indicator, MACD, shows a constant green histogram in the chart, suggesting increased buying-over-selling pressure in the crypto space. Furthermore, the averages display a constant rise, indicating a positive outlook for the altcoin in the crypto market.
If the market pushes the AKT price above the resistance level of $6.20, the bulls will prepare to test its upper resistance level of $7.10. Conversely, a bearish trend reversal could pull the altcoin toward its lower support level of $5.18 this month.
Akash Network Price Prediction 2024
With a constant increase in the adoption of AI in real-world applications, the Artificial Intelligence category could witness a significant rise during the upcoming months. With this, the Akash Network price could record a new all-time high (ATH) of up to 12.26 by the year-end.
Conversely, if a bearish price action occurs, the AKT price could take support at $4.32 this year. With this, this AI token could conclude the year with an average trading price of $8.29.
AKT Price Prediction 2024 – 2030
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20244.328.2912.2620258.1713.3418.51202613.2620.0726.89202718.9526.2433.54202824.4832.0739.66202930.1138.7447.37203035.2746.0956.91
Akash Network Price Prediction 2025
With already a year in the bull market and increased adoption in the AI category, the AKT price is anticipated to record a significant surge in its valuation. With this, the Akash Network could potentially record a new high of 18.51 by the end of 2025.
On the contrary, stricter crypto regulations could result in a strong bearish price action and could lead the AKT price to plunge toward its low of $8.17. Considering the buying and selling pressure in the crypto space, this altcoin could conclude the year with an average trading price of $13.34.
AKT Price Prediction 2026
According to forecast prices and technical analysis by CoinPedia, AKT’s price is projected to reach a minimum of $13.26 in 2026 and the maximum price could hit $26.89. With this, the average trading price of Akash Network could settle around $20.07.
Akash Network (AKT) Price Prediction 2027
Looking forward to 2027, the Akash Network’s price is expected to reach a low of $18.95. However, with bullish sentiment, the AI token could hit a high of $33.54, and an average forecast price of $26.24.
AKT Crypto Price Prediction 2028
In 2028, the price of a single Akash Network token is anticipated to reach a minimum of $24.48, with a maximum of $39.66 and an average price of $32.07.
Akash Network Price Prediction 2029
By 2029, AKT’s price is predicted to reach a minimum of $30.11, with the potential to hit a maximum of $47.37, and an average of $38.74.
AKT Price Prediction 2030
In 2030, Akash Network is predicted to touch its lowest price at $35.27, hitting a high of $56.91 and an average price of $46.09.
Market Analysis
Firm Name202420252030Wallet Investor$6.877$10.291–priceprediction.net$7.55$10.96$69.64DigitalCoinPrice$12.53$13.72$43.32
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Akash Network (AKT) Price Prediction
With a constant rise in the adoption of Artificial Intelligence (AI) tokens, the crypto market is yet to record a massive price rally for this category, making it a good entry point for long-term investments and short-term investments for crypto traders and investors.
As per CoinPedia’s formulated Akash Network (AKT) price prediction, if the market experiences a significant bullish price action during the upcoming time, the AKT price may conclude the year with a high of $12.26.
Conversely, if the market faces a setback in the adoption process, the bulls will lose momentum and plunge toward its low of $4.32 in the coming time. With this, the average trading price of AKT tokens could settle at $8.29 for the year 2024.
FAQs
What network is Akash on?
The Akash marketplace runs on Akash, a Tindermint-based blockchain built using CosmosSDK.
Is Akash Network (AKT) a good investment?
The AKT price has already added over 150% this year, indicating a strong bullish outlook for the AI token in the coming time.
How high will the AKT price reach by the year 2024?
With a potential surge, the Akash Network price will record a high of $12.26 by the year-end.
What is the use of Akash Network?
The Akash Network is a decentralized cloud computing, leveraging the Cosmos ecosystem for a new and innovative marketplace approach.
What will be the minimum and maximum price of Akash Network (AKT) price by the year 2025?
With already a year of the compilation of the 4th Bitcoin Halving and an ongoing bull market, the AKT price may record a maximum of $18.51 and a minimum of $8.17 during the year 2025.
How can I buy AKT tokens?
Akash Network (AKT) token is available for purchasing and selling on all major and minor cryptocurrency exchanges.
What will be the maximum price of AKT price by the end of 2030?
By the year 2030, the maximum price of Akash Network tokens could be around $57.
What is the price of the AKT token?
At the time of writing, the price of 1 AKT token was $5.8940.
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