OAN is a revolutionary cross-chain blockchain protocol designed to solve blockchain network interoperability problems. The project came onto the scene in 2018 when the blockchain industry started experiencing rapid growth. It’s a third-generation blockchain platform aiming to create a space where various blockchain projects can communicate and GALA where developers can create Open Apps. Thus, OAN proposes the development of a networked and federated blockchain that integrates blockchain networks that would otherwise remain non-interoperable. Many factors have had an impact on Aion’s price history, including government regulations, technological developments, adoption by retailers and institutional investors, and market forces. If you want to get started with the fastest, easiest trading experience on the market, register with Kriptomat today and begin your journey into the world of Aion and crypto investing.

• As of now, Aion price is $0.01 with Aion market capitalization of $2,852,245.53.
• Just like with any other asset, the price action of Aion is driven by supply and demand.
• These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
• If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
• AION is traded on such platforms as DragonEX, Binance, BCEx, and a few others.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the AION price. This could be an indication that Aion is a bad buy in 2023. 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. SwapSpace project aims to provide a full spectrum of information for the exchange options. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice.

Aion(AION)

However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. Aion’s current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.03 Million. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most.

• Because unknown future events can affect the price, it is impossible to make a precise forecast.
• The AION token is essentially designed to allow developers and buyers to transfer from one blockchain to the other easily.
• Initially, the algorithm was called ASIC-resistant, but the mining gear has developed since then.
• Currently, the most active and dominating exchanges for buying and selling Aion are Binance, Kraken & Kucoin.

Because unknown future events can affect the price, it is impossible to make a precise forecast. 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.

Aion Historical Data

Aion is the token used to secure and access The Open Application Network . Launched in 2018 in Canada, The OAN is a public network available to everyone. https://www.beaxy.com/ Managed by The Open Foundation, a registered not-for-profit organization, OAN aims to give the public an environment to create Open Apps.

By making the AION token the core of the network, OAN enables users to execute smart contracts, store data, and share it between different networks. The Aion death cross happens when Aion’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a aion crypto price death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Aion golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.

These are the project’s quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project. 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. Any number of things could affect AION’s value in the future, including changes to regulation, the rate of adoption by retail and institutional investors, and technological developments.

This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. All content on this page is used for informational purposes only.

Aion ICO Details

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. Circulating supply shows the number of coins or tokens that have been issued so far. DPoS is a relatively new consensus mechanism, which relies on stakeholders for the validation of new blocks, and thus, the creation of new tokens.

Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Aion. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

AION Price & Market Stats

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. Below we have collected the most reliable price projections for Aion from popular forecast platforms. On their investment this past week due to the bullish period AION has experienced.

Speculations abound for how high Aion’s price will get in the future. As more blockchains are created, the need for cross-chain smart contracts becomes significantly greater. The Aion Network is the most accessible Blockchain platform in the world by enabling developers to build production grade Java applications on a Blockchain network. Aion aims to help transition the world to a fair and equitable Internet by helping the masses leverage Blockchain technology. The Aion Network prides itself on transparency and is designed to address unsolved questions of scalability, privacy, and security.

Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Binance has the largest processed volume of AION/USD transactions at $8,419,408 as of February 2021. Other options for trading AION include Bitrue, Bithumb, and Bitvavo. You can purchase AION tokens on several of the largest exchanges. The OAN blockchain and AION token are secured by a combination of delegated proof-of-stake and proof-of-importance consensus methods.

The live Aion exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition.

One important characteristic of the blockchain is that it relies on a Byzantine Fault Tolerance for additional security. The Open Application Network is run by CEO Matthew Spoke and COO Ian Chan. Matthew Spoke is a University of Ottawa graduate and has worked for several blockchain-centric enterprises.

Market cap is calculated by multiplying the asset’s circulating supply with its current price. 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. The lack of interoperability between blockchains is still one of the factors preventing the technology from entering the mainstream financial world. AION aims to create a platform that will effectively be able to replace the current way banks are running global finance.