Aion’s current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.13 Million. AION is a multi-tier blockchain system that is designed to resolve the issues of privacy, scalability, and interoperability with the existing blockchain networks. The first-generation blockchain projects such as Bitcoin enable people to record peer-to-peer transactions on a public distributed ledger. The total supply of Aion coins fluctuates around 502 million tokens.
The total dollar value of all transactions for this asset over the past 24 hours. DPoS is a relatively new consensus mechanism, which relies on stakeholders for the validation of new blocks, and thus, the creation of new tokens. Unlike the proof-of-work consensus, which requires a lot of computing and electrical power for the mining process, PoS consensus mechanisms are more scalable and environmentally friendly.
AION Price Chart
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media.
- Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the AION price.
- Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
- Initially, the algorithm was called ASIC-resistant, but the mining gear has developed since then.
- The founder of the platform Matt Spoke perceives the Open Applications as a new category of digital assets representing the future of the blockchain.
It’s not just about exchanging cryptocurrency or converting it when paying for services. The goal of developers is much more significant, the provision of information, data exchange, joint projects, and common applications. The AION exchange rate is decided by supply and demand on cryptocurrency exchanges. When more people are buying Aion than selling it, the price goes up. The live Aion exchange rate varies from moment to moment as transactions take place on MATIC exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
🚀 What will be the highest price for Aion in the future?
Two of the most commonly used are technical analysis and fundamental analysis. The fastest, most convenient way to make a purchase is to buy AION at Kriptomat. For instructions, check out How To Buy Cryptocurrency and Keep It Secure. The article is part of Kriptomat’s Learn project, which provides clear, brief explanations of crypto terminology and investing strategies. The AION token swap from ERC-20 to native AION blockchain came to an end by December 2018.
Most https://www.beaxy.com/ Wallets To Start With Check the analysis report on Top-rated Crypto Wallets that are safest for your funds. Exclusive Crypto Deal List of 2022 Get huge savings on the biggest crypto brands with custom discounts & deals. Future price of the asset is predicted at $0 (-100% ) after a year according to our prediction system. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Aion or not.
Aion Price Prediction 2031
Those who missed the swap can submit a request on support service to get their tokens swapped. The company used its own technology to transfer tokens, so the Token Swap employed a Token Transfer bridge demonstrating the potential of its system. At that period, AION was an ERC-20 token on the Ethereum blockchain. The Aion blockchain mainnet called Kilimanjaro was launched later, in April 2018. With Aion, the open application architecture provides an alternative business model that is applied to decentralized platforms. Circulating supply shows the number of coins or tokens that have been issued so far.
The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago. Market cap is measured by multiplying token price with the circulating supply of AION tokens .
Traders turn to USDT as BUSD dominates heavily imbalanced Curve liquidity pool
This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. The market capitalization of Aion is equal to the value of Aion multiplied by the number of AION in circulation. There are countless ways to analyze crypto performance and make a buying decision.
FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation. Aion has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the AION price. Aion’s 14-day RSI is at 20.24, indicating that AION is currently overvalued.
About $650M in token unlocks scheduled for March
Jin Tu, CTO of the company, has immense experience in the corpoaion crypto price engineering and blockchain industry. Binance requires users to complete Identity Verification to increase their account security. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. Decrease from one day ago and signalling a recent fall in market activity. Binance has the largest processed volume of AION/USD transactions at $8,419,408 as of February 2021.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. In addition to the simple moving average , traders also use another type of moving average called the exponential moving average .
What Is the Lowest Price of Aion?
Kriptomat data confirms that 0.00 EUR is the lowest recorded Aion value.
Government regulations have a great impact on the price of Aion and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower. The AION exchange rate sometimes moves with or in response to changes in the wider economy. For example, many cryptos made impressive gains in 2020 while economies around the world suffered due to the COVID-19 pandemic.
The AION coin is a utility token designed for the smooth work of the 3rd generation blockchain platforms helping to resolve the problem of interoperability. Aion creates an ecosystem helping different blockchains to communicate with each other. The project was launched by Nuco, a Toronto-based IT startup in 2017. CoinGecko provides a fundamental analysis of the crypto market.
The most aion crypto price hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor. It’s important to note that current Aion market capitalization is $3,494,495, Talking about circulating supply, AION has 501,505,081 coins. Just like with any other asset, the price action of Aion is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of AION.
— CryptoBOT (@Crypto3OT) February 26, 2023
The chart is divided into “candles” that give us information about Aion’s price action in 1-hour chunks. Each candlestick will display AION’s opening price, closing price, as well as the highest and lowest prices that Aion reached within the 1-hour period. Aion traders use a variety of tools to try and determine the direction in which the AION market is likely to head next. These tools can roughly be divided into indicators and chart patterns. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
— Ichimoku Bot 🤖👉📈 (@IchimokuBot) February 26, 2023
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Aion. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory. AION has a lowest price of $0.0046, which was reached on Dec 11, 2022 . AION has a highest price of $11.51, which was reached on Jan 07, 2018 . OAN combines Delegated Proof-of-Stake and Proof-of-Importance consensus mechanisms to secure the network. Besides, it also uses Byzantine Fault Tolerance to reinforce additional security.
The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . The individual consensus is required on each bridge employing a certain consensus mechanism from the main chain.