Akash Network (AKT) Price Moves Up 20%, Boosting Investor Confidence

The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced died down. Related Reading: Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5 The platform is slowly expanding its operations with new additions to Akash that will benefit both investors and Akash service consumers alike. Along with the market’s general bullishness, it seems that AKT will see tremendous growth in the long term. Network Utility Reaches Almost Half As Renters Double August 10th revealed that the platform’s GPU utility rate has reached over 43% as renters of Akash GPUs increased. In an interview on Bare Metal Podcast, Akash Founder Greg Osuri said that the usual customers of the network are mostly smaller companies with no access to high computing power. Utility rate at @akashnet_ is currently

Aug 12, 2024 - 02:00

Akash Network (AKT) Price Moves Up 20%, Boosting Investor Confidence

The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced died down.

The platform is slowly expanding its operations with new additions to Akash that will benefit both investors and Akash service consumers alike. Along with the market’s general bullishness, it seems that AKT will see tremendous growth in the long term.

Network Utility Reaches Almost Half As Renters Double

August 10th revealed that the platform’s GPU utility rate has reached over 43% as renters of Akash GPUs increased. In an interview on Bare Metal Podcast, Akash Founder Greg Osuri said that the usual customers of the network are mostly smaller companies with no access to high computing power.