Ankr Network (ANKR) - A Comprehensive Look

in #cryptocurrency16 days ago

Let's talk about Ankr Network for a moment. I've pulled together some key metrics that paint an interesting picture.

📈 Current Price Action

The price sits at $0.01 right now, with 1.87% movement in the last 24 hours. The weekly trend has been fairly sideways, suggesting consolidation.

Ankr Network 7-Day Chart

Ankr Network price movement over the last 7 days

💰 Market Metrics

With a market cap of $82.01M, it's ranked #489 in the crypto market. The 24h volume of $5.40M represents 6.59% of the market cap, which indicates moderate trading activity.

MetricValue
Current Price$0.01
24h Change+1.87%
7d Change-3.74%
30d Change-19.55%
Market Cap$82.01M
24h Volume$5.40M
Market Rank#489

🪙 Supply Dynamics

There are $10.00B coins in circulation out of a maximum supply of $10.00B (100.00% circulating). We're close to max supply, which means minimal inflation pressure.

📊 Historical Context

The all-time high was $0.21, and we're currently 96.16% below that level. The all-time low sits at $0.00, which means we're 1060.15% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

From a fundamental perspective, Ankr Network is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

This is what I'm seeing with Ankr Network right now. Obviously, crypto moves fast and things can change quickly. Drop your analysis in the comments!


This is not financial advice. Always do your own research before making investment decisions.

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