Why is ANKR increasing?

Key Points. Ankr is a cloud-computing service provider that competes with other services like Amazon AWS. The company has been on the rise recently, due to its competitive edge in offering a low cost, eco-friendly service . Ankr has decentralized cloud computing, which has many benefits over traditional providers.

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Is ANKR a good coin?

Ankr token is listed with major crypto exchanges. It is a good investment option for the crypto community . Unlike other cryptocurrencies, ANKR tokens can be used for staking, voting on the proposals, payment for accessing services of the Ankr network; Ankr has a limited supply of 10 Billion ANKR.

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What is ANKR coin used for?

ANKR is a utility token with more than one use case. It can be used for staking, voting on governance proposals, and as a payment method for accessing services on the ANKR network, such as dApp and protocol deployment . ANKR also serves as a reward for stakers and network participants.

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