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Highlights
- Ankr was co-founded by Chandler Song and Ryan Fang in 2017.
- The token's total and maximum supply is 10 billion.
- ANKR gave a return of more than 156% over the past 12 months.
The Ankr (ANKR) crypto rallied over 12% in the last 24 hours to Tuesday afternoon, while its trading volume jumped over 231% in the same period. So, what has triggered the rally? Though there is no apparent reason, its popularity in the metaverse and Web3 space has been growing.
What is Ankr (ANKR) crypto?
Ankr is a decentralized blockchain infrastructure. It operates an array of nodes spread across more than 50 Proof-of-Stake networks worldwide.
Its infrastructure empowers a full-suite, multi-chain tool for Web 3 users, helping develop a crypto economy. It offers three types of services: Ankr Build, Ankr Earn, and Ankr Learn.
Ankr Build focuses on services and products like APIs, the decentralized multi-chain network of RPC nodes, etc., for blockchain developers. It also provides tools like Ankr Scan to access on-chain details across blockchains.
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The RPC nodes help in accessing the blockchain data and executing codes.
Ankr Earn focuses on stakes and other yield-earning opportunities while allowing access to crypto holders. It intends to boost the efficiency of the Proof-of-Stake networks and other blockchain consensus mechanisms. Ankr Learn provides learning tools, tutorials, and other related solutions to users to improve their blockchain knowledge.
Ankr was co-founded by Chandler Song and Ryan Fang in 2017. ANKR is the native utility and governance token on the Ankr ecosystem required for payments for services.
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Source: *Data provided by CoinMarketCap.com
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Pricing and performance of ANKR
The ANKR token was priced at US$0.07541 at 12:52 pm ET on March 1, up 12.49%. Its market cap is US$615.55 million, and its fully diluted market cap is US$754.10 million.
ANKR's volume in the last 24 hours to Tuesday afternoon was US$141.18 million, up 231.97%. The ANKR token gave a return of 156.77% over the past 12 months.
The token saw the highest price of US$0.2252 and the lowest price of US$0.02701 in the last 52 weeks. It reached its all-time high of US$0.2252 on March 28, 2021.
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Bottom line:
The Ankr (ANKR) token has a total and maximum supply of 10 billion. Its current circulating supply is 8.16 billion. However, investors should evaluate the crypto companies closely before investing in the cryptocurrency market.
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