The market situation of Aragon (ANT) has rapidly grown in the following 24 hours with an increase of 75.58% to $11.40. Such a surge has shifted Aragon’s market capitalization to $492.41 million putting it in the 211st position among the digital currencies.

Aragon is an open-source software using the Ethereum Blockchain, allowing users to to build and manage Decentralized Autonomous Organizations (DAOs). ANT is an ethereum token that is used as the native currency within the Aragon network used in governance and operations.

The recent price rocket has drawn the attention of investors and traders. But even at the elevated price, the 24-hour volume is at $8.71K, which does not even make 0.00177% of the market cap. This may actually point to low liquidity or, more precisely, a high trading lottery due to a low volume-to-market cap ratio.

There are a total of 43,19 million ANT tokens in the Aragon network, and all are active. In contrast to some other cryptocurrencies integrated into the iNotice ecosystem, ANT lacks a fixed supply cap as its token’s tokenomics enable the subsequent creation of tokens if the correspondingly governing decisions are made in the future.

Attached to Aragon token is a fully diluted valuation of a little under $492.39 million, only slightly less than its current market capitalization given that all tokens are in circulation. This correlation between market cap and FDV means that there is no large token unlock or emission event in the pipeline, capable of reducing the value of existing tokens.

Investors should, however, approach with a lot of caution and do research on the equity to determine the increase in price from the original. Crypto markets are very unpredictable, and such huge fluctuations are sometimes accompanied by corrections or consolidation.