Investing in #JUNO - Leveraging profits from Akash Network #AKT - My Strategy Ahead...

Hey All,

Its been almost 10 days that I had invested in Akash Network token #AKT and the price at which I bought was around $1.60. Now #AKT is trading above $2.40+ a decent profit which I thought I should leverage and buy some other token which is none other than #JUNO. You can find my post on - Investing in Akash Network #AKT Token - My Strategy Ahead - Here. The plan earlier was to stay invested in #AKT but then god knows that what happened to me that all of a sudden I just made up my mind to at least grab #JUNO at these lower levels where it is currently trading around $0.636836 up 1.1% today and you would be surprised to know that its all time high price was $45.74 in Mar 03, 2022 (almost 2 years) which is down -98.60% as per congecko portal. Here my is my overall current stake on Osmosis chain:: majorily comprising of #AKT and now #JUNO with 1400+ tokens in the wallet at the moment and the GOAL here is to bring the total stake to around 2K+ #JUNO tokens

A brief note on the JUNO Network where they can themselves as - The incubator of the Interchain The JUNO Network is a decentralized blockchain network built on the Cosmos SDK, aiming to provide a scalable and interoperable infrastructure for decentralized applications (DApps). #JUNO token, serves as the native cryptocurrency of the Juno Network. Looking at the token economics then here are the details::

JUNO Network Token economics::

Circulating Supply - 79,509,430
Total Supply - 105,634,214
Max Supply - 185,562,268

As of today #JUNOs total market cap is around $50+ Million and 24 hours trading volume is $201K+. I had purchased all the #JUNO from the cosmos chain where I swapped some of my #AKT tokens with #JUNO. JUNO is likely used for various purposes, including rewarding validators, incentivizing users to contribute to the network, and enabling seamless value transfers. Also #JUNO plays a vital role in securing the network through staking, participating in governance decisions, and facilitating transactions within the ecosystem. To be honest - I am just going by my gut feeling to have some stake in #JUNO and that's all about it. Once I achieve the 2K+ stake then its just a wait and watch game until there is a big price movement and then I would decide if I should exit or #HODL for some more duration..But for now lets hope for the best.. #JUNO to the moooon... soon.... cheers

Have your say on - #JUNO & Akash Network #AKT Token...

Are you invested in Akash Network token #AKT or #JUNO? Howz your investing looking like and what is the plan ahead. Let me know your views in the comment section below..cheers

#juno #akash #coins #akt #staking #defi #cloud #cloudcomputing #network

Investing in #JUNO - Leveraging profits from Akash Network #AKT - My Strategy Ahead...

Image Courtesy:: coingecko, osmosis, akash.network, juno.network

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers