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Highlights
- The ANT crypto is the project of the Aragon Foundation and aims to be a decentralized platform, which allows the users to create and manage the decentralised organisations.
- Founded by Luis Cuende, the Aragon crypto addresses the issues related with the smart contract breaches.
- Aragon crypto is ranked 147 on CoinMarketCap, and it is currently trading at the US $11.89 with a trading volume of US $628,908,249 in last 24 hours.
The cryptocurrency market may be facing a forgettable Wednesday at present, with leading cryptos such as Bitcoin, Ethereum, Cardono, Solano etc. failing to impress, but one crypto that has impressed the investors is the Aragon crypto (ANT). The ANT crypto is the project of the Aragon Foundation and aims to be a decentralized platform which allows the users to create and manage the decentralised organisations. The Decentralized Autonomous Organizations (DAOs) allow the developers to operate on the network's smart contract structure, AragonOS.
By combining the features of the open-source tools and security that the Ethereum blockchain brings in, the projects cater to the growing need for the corporates who seek blockchain technologies for their day-to-day operations. Due to its unique technology, it provides friction-less operations to the decentralized organizations, which operate on a shared platform. On 29 December, the token was up by 8.15% with a volume gain 150%.
Also read: Binance gets an entry to Gulf & African markets through Bahrain
What makes Aragon crypto unique?
Founded by Luis Cuende, the Aragon crypto addresses the issues related with the smart contract breaches. What Aragon crypto does is that through the arbitration system, it offers the solutions which remove the problems associated with the smart contract breaches. The ANT holders get the voting rights in the protocol and also get a chance to be the peacemaker in various dispute resolutions.
Also read: Can this crypto supersede Ethereum in 2022?
Founded in 2016, the network also charges fees from the organisations which are allocated on the underlying governance model. The Court Model of the Aragon network is the backbone of the decentralised governance and aims to resolve the issues between organisations using AragonOS smart contract.
How is Aragon crypto faring?
Aragon crypto is ranked 147 on CoinMarketCap, and it is currently trading at the US $11.89 with a trading volume of US $628,908,249 over a day. At the time of drafting, ANT token was up by 2.89% on 29 December and had a fully diluted market cap of US $470,824,624 with a supply of 39,609,523 ANT coins.
Aragon crypto has had a reasonably good year in 2021 and would look to establish itself further in 2022. Experts believe that ANT token has the potential to consolidate further in the coming years with many expecting Aragon’s prices to witness significant highs in 2022.
But in a highly volatile market, a few believe Aragon to see bouts of rally followed by a steady momentum in the coming year. Only time will tell, how good the token will do, but with the increased adoption of blockchain technologies by enterprises, it surely could give the impetus to Aragon network to grow further.
