About Akita Inu
Market Stats
Market Cap
$3,417,589.50
FDV
No data
Circulating Supply
68,071,541,209,830.58 AKITA
Max Supply
No data
Total Supply
100,000,000,000,000 AKITA
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$143,300.87
-0.07%
All time high
$0.000029
Additional info about Akita Inu
Networks and details
The price of Akita Inu has increased by 0.71% in the last hour and increased by 1.61% in the past 24 hours. Akita Inu’s price has also fallen by 10.00% in the past week. The current price is $0.00000005 per AKITA with a 24-hour trading volume of $143.30K. Currently, Akita Inu is valued at 99.83% below its all time high of $0.000029. This all-time high was the highest price paid for Akita Inu since its launch.
The current circulating supply of Akita Inu is 68,071,541,209,830.58 AKITA which means that Akita Inu has as total market cap of $3,417,589.50.
Price history
Today | $0.00000005 | ↗ 1.61% |
1 Day | $0.00000005 | ↗ 1.61% |
1 Week | $0.00000006 | ↘ 10.00% |
1 Month | $0.00000007 | ↘ 29.55% |
1 Year | $0.00000030 | ↘ 83.07% |
Market details
Performance against other markets | ↘ 83.55% |
Performance against BTC | ↘ 86.14% |
Performance against ETH | ↘ 67.06% |
Performance in the past year | ↘ 83.07% |
FAQ
Akita Inu (AKITA) is a cryptocurrency that started as an internet meme. The team's goal is to turn the Akita Inu coin from a meme into an actual, functional coin with various applications. Akita Inu is an ERC20token on the Ethereumblockchain and aims to expand its capacity to move information and exchange data between other blockchains. As mentioned on the website, the Akita network has also bridged to Avalanche for project governance through the support of the community.
An important project that Akita Inu aims to offer is AKITA network DAO. AKITA network DAO is a decentralized autonomous organization and is a fork of Olympus. AKITA network DAO has an established reserve currency protocol on Avalanche. This established reserve currency protocol is based on the gAKITA token, the governance token of the AKITA network DAO.
As mentioned in the whitepaper, stablecoins pegged by traditional currencies have become an essential aspect of the crypto world due to lower volatility than other tokens. Users are comfortable transacting with stablecoins because they believe the value of stablecoins remains the same. This, however, is a fallacy according to the Akita Inu whitepaper. Governments control traditional currencies. This means that if the traditional currencies fall in value, so will these stablecoins. Thus, the AKITA network DAO intends to address this by producing gAKITA, an unbound stablecoin. gAKITA is an algorithmic reserve currency backed by other decentralized assets. According to AKITA network DAO, by focusing on supply expansion rather than price appreciation, gAKITA can maintain its purchasing power regardless of market instability.
Elaborating on the tokenomics, the maximum supply of the Akita Inu token is 100,000,000,000,000 AKITA. Out of the maximum supply, 7.82% is already burned or destroyed. Token burning is sending the tokens to an unusable or invalid address called burned addresses. Once the tokens are sent to such addresses, they can never be retrieved and are lost forever. This is done to decrease the token supply and increase the token's value.
The developers of the AKITA coin launched it anonymously on February 1, 2021. The community has taken charge of this cryptocurrency, led by many core team members and moderators. The core team members are:
The AKITA network DAO's principal value accrual mechanism is staking. Stakers can receive rebase incentives by staking their gAKITA tokens. The rebase incentives are based on the number of gAKITA staked in the protocol and the reward rate set by monetary policy.
Staking is a long-term, passive approach. This means that, even if the market price of gAKITA falls below the user’s initial purchase price, given enough time to stake, the increase in the staked gAKITA balance should eventually overtake the price reduction.
When users stake, they lock gAKITA and get an equal amount of sgAKITA. On the other hand, when users unstake, they burn sgAKITA and receive an equal amount of gAKITA tokens. Here, one sgAKITA is equal to one staked gAKITA.
We update our Akita Inu to USD currency in real-time. Get the live price of Akita Inu on Coinbase.
The current market cap of Akita Inu is $3.42M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Akita Inu is $0.000029. This all-time high is highest price paid for Akita Inu since it was launched.
Over the last 24 hours, the trading volume of Akita Inu is $143.30K.
Assets that have a similar market cap to Akita Inu include Azit, QORPO WORLD, Commune AI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Akita Inu is 68 trillion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1806
Contributors
72
Posts
602,417
% About Akita Inu
0.017%
Hold times
0 days
X (Twitter)
49.5% bullish
Sentiment
2.9 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
72 unique individuals are talking about Akita Inu and it is ranked #1,806 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Akita Inu has an average sentiment score of 2.9 out of 5. Finally, Akita Inu is becoming more newsworthy, with 0 news articles published about Akita Inu. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Akita Inu. There were 49.5% of tweets with bullish sentiment compared to 1.98% of tweets with a bearish sentiment about Akita Inu. 48.51% of tweets were neutral about Akita Inu. These sentiments are based on 101 tweets.
On Reddit, Akita Inu was mentioned in 0 Reddit posts and there were 0 comments about Akita Inu. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Akita Inu calculator
1 Akita Inu (AKITA) to Canadian Dollar (CAD)
CA$0.00000007
1 Akita Inu (AKITA) to British Pound (GBP)
£0.00000004
1 Akita Inu (AKITA) to Japanese Yen (JPY)
¥0.00000746
1 Akita Inu (AKITA) to Indian Rupee (INR)
₹0.00000436
1 Akita Inu (AKITA) to Real (BRL)
R$0.00000029
1 Akita Inu (AKITA) to Euro (EUR)
€0.00000005
1 Akita Inu (AKITA) to Nigerian Naira (NGN)
NGN 0.000078
1 Akita Inu (AKITA) to Singapore Dollar (SGD)
S$0.00000007
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.