- The 24h trading volume of Aragon (ANT) surged up 1482.35%.
- Currently, Aragon (ANT) has a supply cap of 39,609,522 ANT.
Inflation in the Fed-led global market heated up to hit its 40-year high. Eventually, this led the value of the crypto market to tumble further down to $900 billion USD. Surprisingly, Aragon (ANT), an unrecognized altcoin, exhibited a 46% price surge in the last 24 hours.
Moreover, the dominant cryptocurrencies, Bitcoin and Ethereum, plunged to their 1-year-low at $20,178 USD and $1,025 USD respectively on Wednesday.
Aragon’s (ANT) Positive Price Rally
The relative volume (RVOL) of Aragon (ANT) is above the cut-off line at 3.877, indicating a strong volume of investors trading in ANT. Notably, the trading volume surged 1482.35% in the last 24 hours. According to stats, the RSI of Aragon (ANT) is below 50, at 47.08, indicating that the token is in an oversold state.
Aragon (ANT) is the native utility token of the Aragon protocol. ANT was launched as an ERC-20 token in late 2017. Aragon is an open-source, decentralized software protocol that enables the creation and regulation of decentralized autonomous organizations (DAOs) via smart contracts.
Primarily, Aragon (ANT) token functions as a governance token deployed in the network’s community funding DAO and in Aragon Court, a web3 dispute resolution protocol.
According to CoinMarketCap, at the time of writing, the Aragon price was at $1.79 USD with a 24-hour trading volume of $200,813,151 USD.
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