CandleFocus AKT surges 35% on Binance perpetual listing
2024-11-19
Author: Content Editor
AKT, the native token of Akash Network, has experienced a significant price increase of 35% and entered the top 100 cryptocurrencies by market cap after securing a perpetual listing on Binance Futures. The altcoin's trading volume has also surged, reaching over $368.1 million. The price surge came after Binance Futures announced the inclusion of AKT in its listings. Additionally, there are rumors of Trump eliminating capital gains taxes on cryptocurrencies issued by US companies, potentially benefiting AKT. However, an analyst has warned of a potential pullback in the short term, even though they remain bullish about the altcoin's long-term prospects. AKT is currently overbought and may face a price reversal in the near future.
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