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Aion Price: AION Live Price Chart & News

aion token

The AION token underscores the economic incentive system of the network, and follows a fixed inflationary monetary policy, where the supply is annually inflated by 1 percent each year. The inflation-rate is updated on a per-block basis to target 1 percent annually. Aion offers a suite of development products and tools for users, including an SDK, mobile APIs, and a series of plug-ins. Aion caters towards enterprise applications and making the consumer onboarding process much more appealing to the mainstream. Once you’re done, you will need to go through some verification process, and finally, you’ll get your coins in the Binance wallet. The material provided on this website is for information purposes only and should not be understood as an investment advice.

GMT, ANC and LUNA, three crypto assets on the rise – The Cryptonomist

GMT, ANC and LUNA, three crypto assets on the rise.

Posted: Tue, 07 Mar 2023 08:00:00 GMT [source]

Another important leading person for the OAN network is Ian Chan. Prior to joining the OAN crypto project, Chan worked at such companies as Thomas Cook Group, Hewlett Packard, and Deloitte. To put it another way, the OAN network resembles a local computer network that connects different blockchain networks. Besides enabling information exchange, the project also enables the exchange of values between networks, creating a chain of transactions. The cryptocurrency’s market Price changes in percent within the last 24 hours .

Circulating Supply

The Total Supply is similar to stock market’s Outstanding Shares. The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market. Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation .

Aion is a public smart contracts network, like Ethereum, that utilizes its own virtual machine, called the Aion Virtual Machine. The network allows for the Turing-complete execution of smart contracts, and deploys a proof-of-work consensus model with the Equihash mining algorithm. For the last 24 hours, Tether, Bitcoin, and Ethereum have been Aion’s only three trading pairs, with a total trading volume of 4.4 m. PricePrediction gave average prices of $0.065 in 2022 and $0.21 in 2025.

Secure your AION assets

It is also supported by other wallets including Exodus, Inifinito and Citowise. You can decide to keep your tokens either in any of your preferred wallets or exchanges. The price of Bitcoin is $27,438.68 and BTC market dominance is %. The price of Ethereum is $1,753.63 and ETH market dominance is %. The best performing cryptoasset sector is Yield Farming, which gained 4%. CoinGecko provides a fundamental analysis of the crypto market.

aion token

Primarily, AION crypto assets enable users to connect with the OAN network. Besides that, holders of AION coins can also stake their assets to secure the network and this way earn rewards. Additionally, these tokens can be traded for other assets in various crypto exchanges. Thus, before making any moves using the AION tokens, make sure to check the aforementioned Aion price chart. We also gather additional information from different sources to make sure we cover all necessary data or events.

The Aion network involves building bridges between different platforms and implements its token for their functioning. In such conditions, the economic system is created that supports the functionality and efficiency of the network. Currently, the most active and dominating exchanges for buying and selling Aion are Binance, Kraken & Kucoin.

price of bitcoin in us dollars

It’s a third-generation blockchain platform aiming to create a space where various blockchain projects can communicate and 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. The quantity of all coins/tokens that have ever been issued , minus all coins/tokens that have been removed from circulation .

Aion involves the creation of a kind of Internet for digital platforms, which will ensure their interaction within their network. 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 most active and popular exchanges for buying or selling AION are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

The cryptocurrency did see another resurgence in April as its mainnet launched. AION reached a high of $4.14 on 24 April, a day before the blockchain went live. It managed to continue this momentum into the new year, along with the bullish crypto market at the time. AION rocketed to its all-time high of $11.51 on 7 January 2018.

Timeline

Emphasizing decentralization and censorship-resistance, Aion targets production-grade applications built in the popular programming language Java. Secure your Aion assets with the most trusted hardware wallet. The best place to store the crypto you have bought is in wallets outside the exchange. The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. As ERC-20 Token Aion can be stored on any wallet which supports Ethereum.

What is Aion coin used for?

The AION is a cryptocurrency used to power the OAN. The Aion holders can utilize their tokens on the OAN to connect with the network and gain Aion as a reward. In addition, the Aion tokens are acquired by mining and staking on the OAN.

Its AION coin price prediction suggested it could have achieved $1.32 in 2030. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help aion token market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs.

  • They’re used to trace website activity & growth within the project.
  • In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio.
  • The project’s founders and other team members were allocated 40% of the initial total AION token supply, while 51.5% of the tokens were channeled to Token Release Schedule Contracts.
  • Cryptocurrency exchanges bring liquidity to the table, allowing people to trade in a few seconds.
  • AION also enables the execution of smart contracts and data transfers on other blockchains, including Ethereum .

It has a bridging mechanism that makes inter-blockchain communication with data and value possible. The Aion blockchain also addresses the scalability problem with its virtual machine and enabling of applications to establish a multiple chain connection. The Open Application Network solvesthe unintended consequences of platform economies.

  • Another important leading person for the OAN network is Ian Chan.
  • Besides enabling information exchange, the project also enables the exchange of values between networks, creating a chain of transactions.
  • The OAN is an open source public infrastructure for the creation and hosting of Open Apps.
  • You can still benefit if the market moves in your favour, or make a loss if it moves against you.

There is only four crypto exchanges on which you can trade AION. The top exchange by buy/sell volume for the last 24h is Binance with usdt trading pair. AION token comes with its own Aion Wallet and is listed in a number of exchanges. These exchanges include Binance, Ethfinex, Liqui, Kucoin, Koinex, Bitfinex and Bancor Network among others.

One of the world’s largest cryptocurrency exchanges, Bitfinex, has just announced the addition of 12 new tokens to its trading platform. The Aion desktop wallet the native Desktop Wallet client for AION tokens that allows you to create an Aion address and easily manage your coins. The wallet is available for Linux, Mac, and Windows platforms. The table below shows all exchanges where you can buy Aion crypto, such asBinance, Bitrue, LATOKEN, etc. For some exchanges there is a depth percent that shows how much liquidity is available, live bids two percent up or down from the current price. The list is sorted by 24-hour volume and CL trust rating, and different pairs are listed separately with the corresponding volume.

What happened to Aion coin?

Crypto exchange Binance removes Aion

Cryptocurrency exchange Binance announced that it will permanently remove Aion (AION), Anchor Protocol (ANC), and Mirror Protocol (MIR) cryptocurrencies on 27 February 2023. The relevant trading pairs are AION/USDT, MIR/BUSD and ANC/BUSD.

Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and https://www.beaxy.com/ their contents. Very easy to set-up and feel st ease that my crypto investments are secured. Always works, easy to use, I feel my tokens are secured properly.

DigitalCoinPrice BNB said AION could have averaged at $0.05 this year and $0.14 in 2025. Its AION price prediction for 2030 gave a maximum price of $0.30. However, its fear and greed index was displaying “extreme fear”. OAN was designed to be a non-profit public network available to everyone. Its main purpose was to foster an environment for developers to build open-access applications.

AION went live on 18 October 2017 at $0.616 and saw a gradual rise in its first few MATIC months. Binance, the largest cryptocurrency exchange, then listed AION at the end of the year and it closed December at $4.65. Open Application Network was created in 2018 when its founders noted the lack of interoperability between blockchains as a main factor for preventing financial innovation. 84% of retail investor accounts lose money when trading CFDs with this provider.

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