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Rank #2234
Skycoin Price (SKY)
Skycoin (SKY)
$0.026213535173 -77.8%
0.00000136 BTC -77.7%
4,653 people like this
$0.013064868027
24H Range
$0.137989
Market Cap $576,352
24 Hour Trading Vol $308.48
Circulating Supply 22,000,000
Total Supply 100,000,000
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Skycoin Price Chart (SKY/USD)

Last updated 09:29AM UTC. Currency in USD.

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1h
24h
7d
14d
30d
1y
-80.9%
-77.8%
-74.4%
-70.6%
-83.6%
-97.8%

Convert SKY to USD

SKY
USD
USD

1 SKY = $0.026213535173

SKY Price Statistics

Skycoin Price Today
Skycoin Price $0.026213535173
24h Low / 24h High $0.013064868027 / $0.137989
7d Low / 7d High $0.012929547111 / $0.437723
Trading Volume $308.48
Market Cap Rank #2234
Market Cap $576,352
Market Cap Dominance 0%
Volume / Market Cap 0.0005
All-Time High $49.23 -99.9%
Dec 29, 2017 (almost 5 years)
All-Time Low $0.000631266597 4050.4%
Aug 28, 2022 (about 1 month)

SKY Price Today

Skycoin price today is $0.026213535173 with a 24-hour trading volume of $308.48. SKY price is down -77.8% in the last 24 hours. It has a circulating supply of 22 Million SKY coins and a total supply of 100 Million. If you are looking to buy or sell Skycoin, FinexBox is currently the most active exchange.

What was the highest price for Skycoin?

Skycoin hit an all time high of $49.23 on Dec 29, 2017 (almost 5 years).

What was the lowest price for Skycoin?

Skycoin had an all time low of $0.000631266597 on Aug 28, 2022 (about 1 month).

What was the 24 hour trading volume of Skycoin?

The 24 hour trading volume of Skycoin is $308.48.

Where can Skycoin be traded?

You can trade Skycoin on FinexBox and BitBNS. Popular trading pairs for Skycoin in the market includes SKY/USD, SKY/CAD, SKY/AUD, SKY/GBP, SKY/INR, and SKY/PHP.

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.

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