Akash Network

Reddit

April

The native token of <a href="https://crypto.news/uniswap-under-sec-watch-as-akashs-crowd-moves-to-render-rival/" rel="">Akash Network</a>, AKT, has emerged as the top gainer among the leading 100 assets after South Korea’s leading exchange announced to list the token. 
AKT is up by 48% in the past 24 hours and is trading at $6.03 at the time of writing. The asset’s market cap surged to $1.4 billion, making it the 65th-largest cryptocurrency. Moreover, Akash Network’s daily trading volume increased by 1,560%, reaching $65 million.&nbsp; 
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 <img loading="lazy" decoding="async" width="1024" height="347" src="https://crypto.news/app/uploads/2024/04/Akash-Network-AKT-11.39.54-23-Apr-2024-1024x347.png" alt="Akash Network (AKT) surges 48% following Upbit listing - 23"> 
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 AKT price, RSI and social volume – April 23 | Source: Santiment
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Despite the recent price rally, AKT is still down by 23% from its all-time high of $8.08 in April 2021. 
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AKT’s price surge comes as the leading crypto exchange in South Korea, <a href="https://crypto.news/crypto-exchange-upbit-secures-full-operational-license-in-singapore/" rel="">Upbit</a>, <a href="https://upbit.com/service_center/notice?id=4172" target="_blank" rel="">announced</a> to list the asset with KRW, BTC and USDT trading pairs.&nbsp; 
Per the announcement, Upbit will start supporting AKT trading at 10:00 UTC on April 23. 
According to data provided by Santiment, Akash Network’s social volume increased by 200% over the past 24 hours. Most of the social activity around AKT comes from Reddit and Bitcointalk, per the market intelligence platform. 
Notably, the AKT Relative Strength Index (RSI) witnessed a hike from 47 to 49, according to data from Santiment. The indicator shows that AKT is still in good condition — neither under nor overvalued — despite the price rally. 
An RSI of over 70 would show that AKT is over-bought and could potentially lead to high price volatility. If the RSI stays below the 50 mark, the asset could witness a steady bullish momentum. 
 Read more: <a href="https://crypto.news/sec-prosecutors-quit-after-abuse-of-power-in-debt-box-case/" rel=""> SEC prosecutors quit after ‘abuse of power’ in DEBT Box case </a>

Akash Network (AKT) surges 48% following Upbit listing

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