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Buy or Exhange Skycoin (SKY) at the Best Market Price Today.
Skycoin Chart
The Skycoin Platform is the most advanced blockchain platform in the world. Developed by early contributors to both Bitcoin and Ethereum, Skycoin’s platform is completely secure, infinitely scalable, and ISP independent. It uses its own specific distributed consensus algorithm, called Obelisk, instead of other commonly used algorithms like proof of work (POW) and proof of stake (POS). Obelisk uses the concept of ‘web of trust dynamics’ which distributes influence over the network and makes consensus decisions depending upon the influence score of each node. Each node subscribes to a select number of other network nodes, and the density of a node’s network of subscribers determines its influence on the network. Skycoin is very fast. With transaction speeds close to 2 seconds and no transaction fees it can rival any other cryptocurrency on the market as a payment method. The transaction costs of Skycoin are covered by Coin Hours. This is value paid to Skycoin holders for each hour they hold a Skycoin. Skycoin is against charging transaction costs and mining incentives as it only drives up the costs of the network. The biggest benefit of Skycoin is that it is energy efficient due to the Web-of-Trust social proof. It can even run on a 30-watt cell phone processor making it great for mobile payments. Centralization becomes less of an issue when anyone can participate in the blockchain. Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers. A major goal of Skycoin is to promote actual usage of cryptocurrency rather than speculation. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycoin also has its own ICO platform called Fiber, their own deterministic programming language, CX, derived from Golang, a private decentralized messenger system called Sky-Messenger, and a decentralized social media platform, BBS. Here is another way to think of Skycoin: An open-source, community-owned, hardware-based peer to peer internet designed from first principles and leveraging the incentive system of the blockchain.
The current price of 1 Skycoin (SKY) in USD is $0.03748.
This price is currently -99.92% than its all-time high (ATH) of $49.230,
and 5836.94% than its all-time low (ATL) of $0.0006313.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Skycoin’s price.
The market capitalization of Skycoin (SKY) is $846,206.00 as of today.
Skycoin (SKY) is currently ranked #3535 in the market, and this market cap is calculated by multiplying the current price of Skycoin with the circulating supply.
The circulating supply of Skycoin (SKY) is 22,578,764, meaning there are 22,578,764 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Skycoin (SKY) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Skycoin (SKY)’s official platforms.
The trading volume of Skycoin (SKY) today is $45.940.
This represents the total value of Skycoin (SKY) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Skycoin (SKY) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Skycoin's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Skycoin (SKY) to make well-informed trading decisions.
The all-time high (ATH) price of Skycoin (SKY) is $49.230.
This ATH was reached on 29 Dec 2017, marking the highest value ever for Skycoin (SKY) in the market.
Currently, Skycoin is lower than its ATH by -99.92%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Skycoin, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Skycoin (SKY) is $0.0006313.
This ATL was reached on 28 Aug 2022, marking the lowest value ever for Skycoin (SKY).
Currently, Skycoin is higher than its ATL by 5836.94%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Skycoin (SKY), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Skycoin (SKY), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Skycoin (SKY) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Skycoin against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Skycoin.
4. Place an Order: After funding your account, navigate to the Skycoin (SKY) trading pair (e.g., Skycoin/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Skycoin in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Skycoin (SKY).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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