Question 1

What determines the price movement of Sky (SKY)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Sky.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Sky, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Sky. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Sky on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Sky. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Sky and the broader cryptocurrency market.

Question 2

What is the highest price of Sky price in history?

Accepted Answer

Sky achieved the all-time high of 0.100535 in 2024-12-04, and is currently trading at 0.075969.

Question 3

What is the lowest price of Sky price in history?

Accepted Answer

Sky reached its all-time low of  0.03582727 on 2025-02-03.

Question 4

What is the current market cap of Sky?

Accepted Answer

The current market cap of Sky is  1777910893.2938788, as 23403110391 SKY is trading at the price of 0.075969.

Question 5

How many Sky are there in the market?

Accepted Answer

There are currently 23403110391 SKY circulating in the market. These Sky can be actively traded or used in the open market.

Question 6

What is the maximum supply of Sky?

Accepted Answer

The maximum supply of SKY is 23462665147 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Sky?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Sky is 1782435208.5524430. The FDV is calculated taking the assumption that all supply of Sky is circulation, multiplied by its current price of  0.075969.

Question 8

What is the price prediction of Sky ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Sky price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Sky a good investment?

Accepted Answer

Sky offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Sky and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Sky.

Question 10

How to buy Sky?

Accepted Answer

You can buy Sky via Gate by following the steps on <0>how to buy SKY once you have funded your account.

Time period	Change amount	% Change
1H	+$0.0003779	+0.5%
24H	+$0.002097	+2.84%
7D	+$0.004076	+5.67%
30D	-$0.001495	-1.93%
1Y	+$0.009457	+14.22%

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