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Ankr Network (Wormhole) (ANKR) is the 179th largest cryptocurrency in the world by market cap, valued at $248,400,000. The current price of Ankr Network (Wormhole) is $0.02484, which is -10.065% lower than yesterday. Prices have ranged between $0.02791146 and $0.0271956 over the past 24 hours. All prices are listed in US dollars and accurate as of January 30, 2023 07:01 UTC.
ANKR is the native token of the Ankr Network built on the Ethereum blockchain. The Ankr network is a distributed computing platform enabling developers to deploy decentralized applications (dApps) on various blockchains in an efficient and cost-effective way.
The ecosystem can be utilised by resource providers, those in demand of resources, application developers and consumers. According to Ankr documentation, the four components of the ecosystem include: 1) data centres that monetise idle computing resources, 2) the Ankr blockchain that deals with payments and governance, 3) the Ankr cloud which finds resources and users and 4) the Ankr app store that provides quick deployment of blockchain nodes. By combining these four elements Ankr is able to match resource providers with developers in an efficient decentralized platform. The ANKR token is integral to the network. It is used to pay for services on the platform and is used to incentivise network participation. Ankr can be used to pay for node deployment and application usage. The token can also be staked to help validate and secure the network. Additionally, the token can be used to make donations towards non-profit cloud commuting organisations like BOINC.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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