Is Automata (ATA) A Good Investment?

tl;drAutomata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains. The protocol enables several use-cases such as Anonymous Voting and Miner Extractable Value (MEV) Minimization by leveraging the latest cryptography and privacy-protecting algorithms, along with Trusted Execution Environments (TEE). Automata (ATA) price today is $1.15 with a 24-hour trading volume of $36,646,332. ATA price is up 9.8% in the last 24 hours. It has a circulating supply of 170 Million ATA coins and a total supply. At the time of writing this post (Oct 21, 2021), ATA's Return On Investment (ROI) over the past year was 501%, underperformed in 'Binance Launchpool, Polygon Ecosystem, MEV Protection' categories which had 501% growth over the past year. It underperformed in the crypto market which had 13405% growth over the past year. ATA's Twitter account saw a growth of 7% over the last months in the number of followers. Also, the number of ATA Reddit subscribers increased by 0%. However, the Telegram channel users had a -13% growth over the last months so it needs to work on their social marketing networks. ATA's Market Capitalization rank followed an overall declining trend, starting at the rank of 297-225 on July-Aug 2021, reaching 317 in Oct 2021. However, by the time of writing this post, ATA's market cap rank is about 302, and its value is $199,368,481 Million. Moreover, its liquidity score is 56% above the market's average score, making it relatively easier to sell in bear markets.
Is Automata (ATA) A Good Investment?
Is Automata (ATA) A Good Investment?
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Introduction

Automata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains. The protocol enables several use-cases such as Anonymous Voting and Miner Extractable Value (MEV) Minimization by leveraging the latest cryptography and privacy-protecting algorithms, along with Trusted Execution Environments (TEE).

How does Automata (ATA) Work?

It's easy to understand! We've put up a straightforward guide:

  1. Go to the Launchpool page after login into your Binance account.
  2. Choose the pool in which you want to invest your tokens. There are three separate ATA liquidity pools accessible in this case: BNB, BUSD, and DOT.
  3. When you click the Stake button, you'll see the pool's staking data, such as the total money staked, daily yield awards, and yearly yield %.

Financial Analysis:

Automata (ATA) price today is $1.15 with a 24-hour trading volume of $36,646,332. ATA price is up 9.8% in the last 24 hours. It has a circulating supply of 170 Million ATA coins and a total supply. At the time of writing this post (Oct 21, 2021), ATA's Return On Investment (ROI) over the past year was 501%, underperformed in 'Binance Launchpool, Polygon Ecosystem, MEV Protection' categories which had 501% growth over the past year. It underperformed in the crypto market which had 13405% growth over the past year.

Another critical factor in the success of any project is gaining public attention. Our data shows that ATA's Twitter account saw a growth of 7% over the last months in the number of followers. Also, the number of ATA Reddit subscribers increased by 0%. However, the Telegram channel users had a -13% growth over the last months so it needs to work on their social marketing networks.

Over the last five months, ATA's Market Capitalization rank followed an overall declining trend, starting at the rank of 297-225 on July-Aug 2021, reaching 317 in Oct 2021. However, by the time of writing this post, ATA's market cap rank is about 302, and its value is $199,368,481 Million. Moreover, its liquidity score is 56% above the market's average score, making it relatively easier to sell in bear markets.

You are saying that Automata (ATA) is the best cryptocurrency to invest in?

We are here to help you make smarter financial decisions by freeing up your intelligence through making it easy to compare thousands of coins. We do all the hard work for you and help you remove emotions from your decisions. However, making an investment decision requires considering your own financial situation and comparing your investment options.

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