Altcoins Reach New Highs as Market Passes $2 Trillion Milestone: THETA and AKT Perform Strongly
As the bull market gains momentum, Bitcoin ETFs have seen increasing inflows, indicating a firm stance from high-net-worth individuals and institutional buyers.
Theta Network: Reversing momentum, $3.50 within reach?
Theta Network is a decentralized video delivery network powered by blockchain technology that aims to improve video streaming quality and reduce transmission costs. By sharing idle bandwidth and computing resources, Theta creates a peer-to-peer network that improves the streaming experience for viewers around the world.
THETA price trend has seen a strong reversal, with usage increasing by 124% over the past 4 weeks.
It is currently trading at $2.195 and is showing a strong uptrend.
The daily chart shows a rounding bottom breakout that was up 85% in 72 hours, with a 474% surge in volume supporting the reversal rally.
It is expected that THETA price may surpass $3.50 in March.
Akash Network: Is $10 a Breakout Coming Soon?
Akash Network is a decentralized cloud computing marketplace that aims to make cloud resources more accessible and affordable. It uses blockchain technology to enable secure and transparent transactions between users and those with spare capacity.
AKT prices climbed to new highs as volume and momentum grew, with a 372% surge in volume and a 15% overnight gain.
After breaking through $2.5, AKT price quickly climbed to nearly $5.
AKT has gained 1810% in the past 40 days and is currently trading at $4.6285, up 1.08% intraday.
According to the Fibonacci levels, AKT price has surpassed the 1.618 level and is ready to challenge the 2.618 level at $6.24.
