Ankr surges 70% in an hour Ankr surges 70% in an hour
Following Ankr protocol's announcement regarding its use of Microsoft Azure, the ANKR token increased from $0.03305 to $0.05583 in one hour.
1 min read
Updated: Feb. 21, 2023 at 5:56 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Web 3 infrastructure provider Ankr’s (ANKR) native token spiked from $0.03305 to $0.05583 between 14:00 UTC and 15:00 UTC on Feb. 21, which marks a 69% increase according to CryptoSlate data.
The increase comes after Ankr’s announcement regarding its use of Microsoft Azure.
After spiking to $0.05583, the price fell as low as $0.04910. At the time of writing, ANKR is being traded for $0.05219, which marks a 54.59% increase over the past 24 hours. This increase also indicates a 90.56% increase in the past seven days and a 111.61% increase over the past 30 days.
Despite the significance of this spike, the ANKR price is still 76.74% lower than its all-time high at $0.22892, recorded on Mar. 28, 2021.
Ankr’s announced that its new application launched on the Microsoft Azure Marketplace. The application offers a node hosting solution that uses Azure’s routing solutions to increase scalability and optimization.
Posted In: Tokens
Author 
Zeynep Geylan
Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power.
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Ankr strives to build a resource-efficient blockchain framework that truly enables Distributed Cloud Computing (DCC) and provides user-friendly infrastructure for business applications.