AARK token price prediction

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15 Apr 2024

Aark is receiving a lot of attention from the community when announcing a phase 3 airdrop campaign. Investors predict the price of the AARK token when listed at around 1 USD.

According to data from Whales Market, the AARK token is trading at $0.29, down 1.5%. However, the token's 24-hour volume increased by 300% to 2,472.8, and the total trading volume was above $237.9. This shows the great interest of investors in the project, especially after announcing the airdrop program "Moon Festival" on April 8.
Well-known market analyst DeFi Buddha predicted the price of the AARK token when it was officially listed on exchanges at about 1 USD and fluctuated sharply in the first 24 hours due to the massive sale of these token holders. MoonKing, who owns a Twitter account with 47.3K followers, shares the same view but shows greater faith in the AARK token. According to MoonKing, investors will retain a large number of airdrops to await the next campaigns after TGE.

Some other investors said that the price of the AARK token was greatly affected by the recent decline of BTC and the "whales" speculating on this large amount of the token. Experts predict that the AARK token's 24-hour ATH will hardly surpass the $2.5 level.

What is Aark Digital?

Aark Digital is a perpetual DEX platform built for traders and provides professional liquidity on Arbitrum. The project team conducts research and analysis and combines the strengths of the decentralized exchange DEX with the centralized exchange CEX. This puts all on-chain assets into a single liquidity pool, creating unprecedented leverage.

The platform allows users to deposit capital to create liquidity pools, which investors can use to make trades and receive fees. Specifically, when a user opens a position, the liquidity pool will automatically deploy the corresponding position, and vice versa. This helps create a seamless, flexible trading environment.

In addition, the scalability of the project is highly appreciated due to its ability to expand up to 10 times compared to TVL's expansion rate. Thereby creating higher profits for liquidity providers and attracting new users to join. This loop promotes the sustainable growth of Aark Digital and facilitates the process of continued expansion.

The project launches the Moon Festival phase 3 airdrop program on April 8 for Aark NFT and OAT holders or AALP users. This is one of the factors that caused AARK's pre-market trading volume to increase sharply over the past week.

Features of Aark Digital

Trader: Users can deposit any asset on the allowable list as collateral. To achieve stability, the platform implements the "Collateral Weight" function for collateral pricing, which is based on the AAVE VTV mechanism. In other words, user assets will be kept safe within the protocol and only accessible when the token value falls below the required rate. This system brings significant benefits to users, allowing trading, providing liquidity without selling or converting existing digital assets.
Liquidity providers: Liquidity providers are the backbone of the platform, making it possible for traders and market makers to launch campaigns. Aark Digital leverages a unique liquidity pool model, which helps liquidity providers make profits without incurring temporary losses or asset conversions. This increases APR and provides features such as leveraged LP, single-sided LP and delta-neutral. for users.
Market maker: This is what creates a balanced and stable trading environment. This contribution serves as an anchor point, helping to align the interests between liquidity providers and traders.