Latest Crypto News About Aion(AION)
Latest and important crypto news regarding Aion (AION), the third-generation blockchain-based multi-level network. The project’s goal is to find solutions to problems with interoperability, scalability and anonymity in other blockchain projects.
This applies in particular to the news Binanceits recent move where it will remove Aion (AION), Anchor protocol (ANC) and Mirror protocol (MIR). In addition, an observation has been made that Aion (AION) and Fetch.ai have increased in search volume. And finally, an overview of crypto price trends.
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 February 27, 2023.
The relevant trading pairs are AION/USDT, MIR/BUSD and ANC/BUSD.
After February 28, 2023, deposits of these tokens will no longer be credited to Binance accounts. Withdrawal of AION, MIR, ANC tokens will continue to be supported until May 28, 2023, giving users time to withdraw and send them to a crypto wallet such as Ledger Nano Xor to a crypto exchange where they are still listed as Kucoin.
Traders using these cryptocurrencies in automated trading strategies with crypto robots similar to Kryll should also take the necessary steps before removing these tokens from Binance.
As a result of Binance’s decision, the prices of AION, MIR, ANC cryptocurrencies are expected to be heavily affected by this bad news.
Focus on the price of crypto Aion (AION)
Aion is $0.000000 (0.00%) above its 30-day low on $0.027096708while it is $-0.029372 (-52.01%) below its 30-day high of $0.05646874. Additionally, AION’s current price of $0.027096708 is below its 30-day moving average price of $0.036987153, leading to a weak short-term technical score.
Overall, Aion’s recent trading history suggests that investors are in the moment bearish on the coin. AION has an average market cap compared to most coins with a total market cap of $13,589,136.77.
The market valuation of Aion is relatively average due to the 100 largest cryptocurrencies with a market cap above 1 billion dollarsand AION is below this threshold, but is still over $100 million in market capitalization.
Aion’s average volume is within the average range, which $36,738,624.65 value of the coin is usually traded over a 24-hour period. AION’s volume is also relatively average since the 100 most traded cryptocurrencies have approx 100 million dollars traded in a 24-hour period and much of the market is traded for at least $5 million each day.
In the last 24 hours, AION’s volume was below average with $13,820,065.33 shopped. Therefore, it can arguably be argued that Aion’s price movement over the past month has led to a weak short-term technical score due to recent trading that has provided more bearish signals for traders about the currency’s short-term movement.
Microsoft, AI and the top 10 crypto assets
Microsoft has bet big on a nascent sector, Artificial Intelligence (AI), that could shape the future of technology and the cryptocurrency industry for years to come.
The latter sector seems to benefit from the new trend and the billions flowing into the products and services. Microsoft confirmed its plan to pour millions of dollars in capital Open AIthe company behind the popular ChatGPT program, Dalle-E and others.
Thus, the company has taken the first step in a technology race that will heat up in 2023. At the same time, in the cryptocurrency sector, several projects are looking to exploit blockchain, big data and artificial intelligence to provide new solutions.
Specifically, a study of Trade browser revealed which projects attract the most attention from users. With Bitcoin’s price on the rise and a multi-billion dollar investment from Microsoft that will attract other giants, such as Google and FacebookIs crypto artificial intelligence a potential area to watch throughout the year.
According to the report, there are 10 cryptocurrencies that are attracting users’ attention. The first of these projects is The grapha Coin base-supported project that acts as an indexing protocol for “searching networks” such as Ethereum and IPFS.
This project has seen over 8,100 monthly global Google searches and is likely to see a further increase in metrics as artificial intelligence becomes a more significant trend. The Graph has partnered with Ethereum’s second-tier solution, Optimismand the Ethereum Virtual Machine (EVM) project Celo.
In addition to The Graph, Aion (AION) and Fetch.ai experienced an increase in search volume. These projects registered approx 8000 monthly searches. The metrics have also increased over the past 30 days, coinciding with Microsoft showing public interest in the field, as shown in the graph below.
During this period, AION has witnessed bullish price action similar to GRT. The token registers a 25% profit in 30 days. Fetch.ai’s original token, FET, registers a 216% increase this month alone, showing the strength of this trend and its potential to continue the rally as cryptocurrencies emerge from an extended winter.
