Skycoin Price PredictionsSkycoin(SKY) opened trading today at $3.70. It achieved a Market high of $3.76 and a subsequent Market low of $3.37, Representing a change of $-0.23 and price percentage change of -6.27% . Its current Price is $3.47 representing a market share of 0.01% only.
A total volumn of $0 worth of Skycoin traded hands today, achieving a Maximum Mkt Cap of $34,713,052 for the day.
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Many people are looking to invest in digital assets (including Skycoin) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Skycoin as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Skycoin has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Skycoin is currently trading around $3.47. The forecast for the Skycoin cryptocurrency by the end of year 2018 is around $3.76 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Skycoin to know its strength).
Furthermore, the five-year forecast for Skycoin is around $3.76 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed SKY Price Predictions Videos:
Skycoin Fundamental Analysis
Skycoin FA Videos
Watch someone smart explain what Skycoin is and the problem it aims to solve. This should help you make an informed decision to invest or not..
Skycoin is a cryptocurrency written from scratch in Golang. It does not use PoW nor PoS and relies instead on Obelisk, a network consensus algorithm, replaces both PoW and PoS with a web of trust. Skycoin is focused on core features, security, usability and simplifying Bitcoin instead of adding features as a marketing gimmick.Visit website open_in_new
Skycoin(SKY) Daily Trading
|Current Supply||10,000,000 SKY|
|Total Supply||100,000,000 SKY|
|24h Volume (coin)||0 SKY|
|24h Volume (currency)||$0|
|Last updated||2018-10-18 23:15:37 +01:00 BST|
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Common SKY Price Prediction Questions
What is Skycoin’s potential future value?
SKY's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Skycoin is and what it does. This is because Skycoin's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can SKY make you one?
What is going on with Skycoin's price?
In order not to be too rattled, read our Fundamental analysis above on Skycoin to know if it’s a good hodl.
How high will Skycoin go?
No one really knows for sure. We however predict SKY will be 4x by end of 2018.
Why is Skycoin(SKY) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Skycoin to see its expected value. You can also visit Skycoin's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Skycoin website page will quickly provide you with that value.
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Why is Skycoin's price going down?
It’s difficult to tell right now as the daily SKY candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Skycoin's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Skycoin, Simple click the Social Button on this page, located immediately below the Price Charts.
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