Skycoin Price Hits $0.13 on Exchanges (SKY)

Skycoin (SKY) traded 19.5% higher against the dollar during the 24-hour period ending at 0:00 AM Eastern on May 10th. Skycoin has a total market capitalization of $2.90 million and approximately $18.00 worth of Skycoin was traded on exchanges in the last 24 hours. One Skycoin coin can currently be bought for $0.13 or 0.00000421 BTC on cryptocurrency exchanges. In the last seven days, Skycoin has traded 11.5% lower against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • JUMPN (JST) traded 25.9% lower against the dollar and now trades at $64.64 or 0.00181864 BTC.
  • Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00003196 BTC.
  • XRP (XRP) traded 2.9% higher against the dollar and now trades at $0.52 or 0.00001653 BTC.
  • Wrapped Cardano (WADA) traded 0.6% higher against the dollar and now trades at $0.63 or 0.00002013 BTC.
  • Enegra (EGX) (EGX) traded 11.8% lower against the dollar and now trades at $162.87 or 0.00520529 BTC.
  • Polkadot (DOT) traded 3.5% higher against the dollar and now trades at $11.37 or 0.00036328 BTC.
  • PLC Ultima (PLCU) traded 1.1% higher against the dollar and now trades at $60,979.50 or 1.94894925 BTC.
  • Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Shiba Inu (SHIB) traded 8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Lido Staked ETH (stETH) traded up 2.4% against the dollar and now trades at $2,341.90 or 0.07484870 BTC.

Skycoin Profile

Skycoin launched on April 2nd, 2015. Skycoin’s total supply is 25,000,000 coins and its circulating supply is 22,000,000 coins. Skycoin’s official message board is medium.com/skycoin. The Reddit community for Skycoin is /r/SkycoinProject and the currency’s Github account can be viewed here. The official website for Skycoin is www.skycoin.com. Skycoin’s official Twitter account is @Skycoinproject and its Facebook page is accessible here.

According to CryptoCompare, “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.┬áSkycoin is focused on core features, security, usability and simplifying Bitcoin instead of adding features as a marketing gimmick. Understanding the Skycoin Supply and Distribution here “

Skycoin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Skycoin directly using US dollars. Investors seeking to trade Skycoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Skycoin using one of the exchanges listed above.

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