Will AKT Price Hit $10?

Story Highlights

  • The live price of the AKT token is  $ 2.66800248
  • Akash Network (AKT) price could hit a high of $6.19 by the end of the year 2024.
  • With a potential surge, the Akash Network’s price may record a high of $56.91 during the year 2030.

Launched on the Osmosis chain, the Akash Network debuted in March 2018 as a decentralized super cloud for computing and cloud services. Its native token, AKT, has a circulating supply of over 248 million with a market cap of $567 million, ranking it 96th globally.

As AI-related projects gain momentum, AKT has attracted attention, with investors curious if its price could hit $10 this year. In this article, we explore the market sentiment surrounding Akash Network and its potential price targets for 2024 to 2030.

AKT Overview

CryptocurrencyAkash Network
TokenAKT
Price  $ 2.66800248 0.31%
Market Cap $ 662,427,117.0010
Circulating Supply 248,285,794.6611
Trading Supply $ 6,610,247.3265
All-time High$8.08 on 27th April 2021
All-time Low$0.1672 on 22nd November 2022
24 High $ N/A
24 Low $ N/A

Akash Network Price Prediction October 2024

Akash Network coin price shows a bull cycle gaining momentum to outgrow the falling channel in the daily chart. Currently, the altcoin price action shows the reversal rally hitting the $2.65 mark. 

Further, the bull cycle surpasses the declining 50-day EMA, post-death cross, and resistance trendline, reflecting a boost in trend momentum. 

In case of a broader market recovery, the breakout run is possible. The potential targets are at $3.06 and $3.31. On the flipside, the $2 will continue to hold in September with an average of $2.65.

MonthPotential Low ($)Average Price ($)Potential High ($)
October22.653.31
MonthPotential Low ($)Average Price ($)Potential High ($)
September22.653.31

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 $6.19 by the year-end.

Conversely, if a bearish price action occurs, the AKT price could take support at $1.52 this year. With this, this token could conclude the year with an average trading price of $3.85.

YearPotential Low ($)Average Price ($)Potential High ($)
20241.523.85$6.19

AKT 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 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.

YearPotential Low ($)Average Price ($)Potential High ($)
20258.1713.3418.51

Wondering about the future of AI tokens? Check out our FET price prediction for 2024-2030.

Akash Network (AKT) Price Prediction 2026 – 2030

YearPotential Low ($)Average Price ($)Potential High ($)
202613.2620.0726.89
202718.9526.2433.54
202824.4832.0739.66
202930.1138.7447.37
203035.2746.0956.91

AKT Price Forecast 2026

According to forecast prices and technical analysis, the token’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 Price Targets 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.

Akast Network Crypto Price Forecast 2028

In 2028, the price of a single 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, the AI coin’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 Target 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 Name202420252030
Wallet Investor$6.877$10.291
priceprediction.net$7.55$10.96$69.64
DigitalCoinPrice$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 Price Forecast 

As per CoinPedia’s formulated Akash Network (AKT) price prediction, if the market experiences a significant bullish price action during the upcoming time, the price may conclude the year with a high of $6.19.

Conversely, if the market faces a setback in the adoption process, the bulls will lose momentum and plunge toward its low of $1.52 in the coming time. With this, the average trading price of the token could settle at $3.85 for the year 2024.

YearPotential Low ($)Average Price ($)Potential High ($)
20241.523.856.19

Historical Price Movement 

Since its inception, the crypto’s price has failed to surpass the $8 boundary. 
Curios for AI Tokens: Read out Near Protocol Price Prediction

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.

Source: https://coinpedia.org/price-prediction/akash-network-akt-price-prediction/