Ankr
ANKR
Watchlist
₹2.40
LIVE
Watchlist
24H Low ₹2.40
24H High ₹2.65
Price of ANKR today
The current live price of ANKR today is ₹2.40, with a 24-hour trading volume of ₹1,94,89,26,029.14. Our ANKR to INR price is updated in real-time. ANKR has seen a decrease of -3.66% in the last 24 hours. With a live market cap of ₹24,31,34,16,253.04 , the circulating supply is at 10,000,000,000 ANKR coins, with a maximum supply of 10,000,000,000ANKR coins.
Ankr Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹0.13 | 5.1% |
7 Days | ₹0.23 | 10.53% |
30 Days | ₹0.07 | 3% |
1 Year | ₹0.27 | 12.6% |
Ankr Price Information
Price Change (1hr)
4.85%
Price Change (24hr)
5.1%
Price Change (7d)
10.53%
Ankr Market Stats
Market Cap
₹24,31,34,16,253.04
Fully Diluted Market Cap
₹24,31,34,16,253.04
24hr Volume
₹1,94,89,26,029.14
27.99%
Circulating Supply
10000000000 ANKR
Total Supply
10000000000 ANKR
Things to know about Ankr
What is the token?
ANKR is a cryptocurrency that powers Ankr, a Web3 infrastructure and cross-chain staking DeFi platform.
By providing decentralized cloud computing solutions, ANKR aims to make it easy and affordable for anyone to participate in blockchain ecosystems.
ANKR is used as a utility token within the Ankr network for various services, including staking and voting on governance proposals, and as a payment method for accessing services on the network.
Tokenomics
ANKR has a maximum total supply of 10 billion tokens.
The token distribution includes allocations for community and ecosystem incentives, teams and advisors, and a reserve for network growth.
Market Data
As of today #{today’s date}, the price of Ankr is ₹2.40 INR or 0.02801 USD, with a 24-hour trading volume of 22741260.55 USD. The market capitalization for Ankr is 283703806.92USD. The circulating supply is 10000000000 Ankr, with the total supply also being 10000000000 Ankr.
Token Pros and Cons
Pros:
Decentralized Web3 Infrastructure: ANKR is part of the growing Web3 ecosystem, providing infrastructure solutions for decentralized applications (dApps), a rapidly expanding sector.
Cross-Chain Functionality: ANKR supports various blockchain networks, offering cross-chain staking and node infrastructure, which could lead to widespread adoption and utility.
Cost-Effective Solutions: The platform offers cost-effective blockchain integration for businesses, which could drive demand for ANKR tokens as the need for blockchain solutions grows.
Community Governance: ANKR holders can participate in governance decisions, giving them a say in the future development of the network.
Staking Rewards: Users can earn rewards by staking ANKR, an attractive feature for investors looking for passive income.
Cons:
Limited Use for Non-Developers: The platform’s services are primarily geared towards blockchain developers, which may limit its appeal to the general public.
Regulatory Risks: The cryptocurrency market is subject to regulatory changes that could affect the adoption and value of ANKR.
Market Sentiment: The current sentiment around ANKR is bearish, and the Fear & Greed Index indicates a level of fear which could influence investment decisions.
?
ANKR offers cost-effective solutions for businesses and developers looking to integrate blockchain technology, which could drive demand for the token.
Investors can earn staking rewards by holding ANKR tokens, providing an opportunity for passive income.
Token holders can participate in governance decisions, influencing the development and direction of the ANKR network.
USP of the coin
The unique selling point (USP) of ANKR is its role as a utility token in a decentralized cloud computing platform that aims to leverage idle computing power to create a more efficient and cost-effective blockchain infrastructure.
The problem the coin is solving
ANKR and the Ankr platform aim to solve the problem of underutilized cloud computing resources by enabling a sharing economy for cloud infrastructure.
This approach seeks to reduce costs and increase accessibility to blockchain technologies.
Founder and team background
Ankr was founded in 2017 by Chandler Song, Stanley Wu, and Ryan Fang.
Song and Wu are former Amazon software engineers, and Fang is a former banking analyst.
The team’s background combines expertise in software engineering and finance.
ICO Price
The ICO price of ANKR was $0.0066 during the public sale, with earlier private sale prices ranging from $0.0033 to $0.0055.
Risks Associated with Investing in the Coin
ANKR faces stiff competition in the blockchain infrastructure space, which could affect its market share and token value.
The success of ANKR is heavily dependent on the adoption of its infrastructure by developers and businesses.
More adoption is needed to ensure the growth of the ANKR network.
Whitepaper Insights
The Ankr whitepaper outlines the vision and technical details of the Ankr network, a decentralized cloud computing platform. The platform is designed to utilize idle computing resources from data centres and personal computers worldwide, creating a more cost-effective and efficient solution for cloud services.
Ankr’s infrastructure is built on a distributed network of nodes that provide computational power for various blockchain protocols and applications. This network allows users to deploy and run nodes, participate in staking, and access developer APIs for building decentralized applications (dApps).
The ANKR token is integral to the ecosystem, serving as a means of exchange for services within the network. It is used to pay for node deployment, access to premium APIs, and reward network participants who contribute their computing resources. The token also plays a role in the governance of the Ankr network, allowing token holders to vote on proposals and influence the direction of the platform’s development.
The whitepaper discusses the technical architecture of the Ankr network, including its consensus mechanism, node structure, and the use of state channels for off-chain computations. It also covers the security measures to protect the network and its users, such as cryptographic algorithms and a decentralized trust system.
Ankr’s approach to cloud computing is designed to be more flexible and scalable than traditional cloud services. By leveraging blockchain technology, Ankr aims to provide a secure and transparent environment for cloud computing, which can benefit developers and businesses looking to integrate blockchain into their operations.
The whitepaper also addresses the challenges the cloud computing industry faces, such as the centralization of resources and the high costs associated with maintaining and scaling infrastructure. Ankr’s solution is to create a marketplace for computing power where users can monetize their idle resources, and developers can access affordable and scalable cloud services.
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Price as per 04:25 AM • 15 Nov 2024
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What is the price of Ankr (ANKR)?
The current price of Ankr (ANKR) in INR is ₹2.40 INR.
What is the current ANKR market cap?
The current market capitalization of Ankr (ANKR) is ₹24,31,34,16,253.04 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of ANKR by the number of coins in circulation.
What is the current supply of Ankr (ANKR)?
The current supply of Ankr (ANKR) is 10000000000 ANKR. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Ankr (ANKR)?
The 24-hour trading volume of Ankr (ANKR) in INR is ₹1,94,89,26,029.14. This figure represents the total value of all ANKR transactions across various exchanges within the last 24 hours.
How to Buy Ankr (ANKR) in India?
To buy Ankr (ANKR) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in ANKR.
Can I buy Ankr (ANKR) with UPI?
Yes, you can buy Ankr (ANKR) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Ankr (ANKR) to Indian Rupee (INR)?
To convert Ankr (ANKR) to Indian Rupee (INR), you can use our ANKR/INR conversion rates in real time.