It's really outstanding to see how Akash Network has been progressing so far. The development is advancing at a really fast-paced. The network is being upgraded and the date for Mainnet 2 is already announced. The 8th of March is the day to watch!
Meanwhile, the price of $AKT has been progressing at a really rapid pace as well. That's a 25% price hike in a day... leaving BTC in the dust. To think that BTC is already performing really well at this moment. It's definitely the altseason!
It's been 6 weeks since I started buying and staking $AKT and it's been great so far. Let me give you a glimpse of when I started bulking up on this coin.
At this point, I could simply cash-out the money that I invested in and let the money house take the ride. That's going to be a good game to play. It will take me out of the risk that I put myself into. However, I feel that the price is still very much undervalued and something tells me that it's still too early to pull out any of the money that I have in $AKT.
Usually, in this case, I have to rely on one of the prediction websites to give me a glimpse of what could be the potential price of $AKT in the coming days. For this, WalletInvestor is my go-to site.
Just look at the trendline...
The behavior has been like this ever since I started referring to it on Jan 5.
As if I'm not bullish enough...
It has exceeded my expectations.
The price of $AKT has doubled in 2 weeks and we are 2 weeks away from the launch date of MainNet 2.
Something tells me that we might hit the 1-year forecast as we approach the month of March. Potentially we would even go beyond that as the first payout from the marketplace takes place.
Just think about the FOMO that it will build as the 50% staking rewards + 20% marketplace dividends will start flowing into the holder's wallet. I'm really looking forward to it.
Cheers!
Did you use Keplr?
More wallets... and more wallets... lol... and more exchanges...
Yes, I'm using Keplr. It's the more convenient option, IMO.
True, more wallets haha, actually I have 8 different browser extensions related to crypto right now. I just really hope that someone will develop a decentralized wallet for all crypto assets... :D
Actually, what is most annoying about Keplr is that cannot just transfer ATOM coins and then use those to buy into other tokens. Instead yet another exchange.
If someday... Keplr is able to swap coins within Cosmos Hub; similar to how Metamask do it for ETH & Defi coins... I will be very happy ;)
Yes, that's what I thought it would do :-(
should do :-)
There are multi-coin wallets, but the adding of new coins is not automatic and is often done by requests and demand, eg Exodus has ATOM but not some of the ATOM-based defi coins.