Skycoin
Market Open
15 Jun, 01:26
$
0. 057230
-0.00033
-0.5733%
$
167,896 Volume
$ 0.05756
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SKYUSD Overview
SKYUSD denotes the exchange rate of Skycoin (SKY) expressed in US dollars, showing the amount of USD required to purchase one unit of SKY. It is the common fiat-quoted pair used to value Skycoin against the US Dollar.
Skycoin is a cryptocurrency introduced in 2013 by the Skycoin development team, led publicly by the pseudonymous developer known as "Synth." The project describes itself as a decentralized, blockchain-based network that employs a proprietary consensus mechanism (Obelisk) and a mesh-network protocol, and it has a capped supply of 100 million SKY tokens.
The market price of SKYUSD is determined by the interaction of supply and demand across exchanges that list the pair. Trading activity, order book depth, market sentiment, macroeconomic conditions and regulatory developments all influence price formation, while individual exchange liquidity and quoted spreads can create short-term divergences.
SKYUSD matters to traders and investors because it provides a direct fiat valuation of Skycoin, enabling portfolio allocation, speculative trading, and fiat conversion. It also serves as a reference for price discovery and risk management when comparing SKY to other crypto or fiat pairs.
Like many altcoin pairs, SKYUSD can exhibit elevated volatility and variable liquidity; participants should account for wider spreads and potential price swings when executing larger orders.
Skycoin is a cryptocurrency introduced in 2013 by the Skycoin development team, led publicly by the pseudonymous developer known as "Synth." The project describes itself as a decentralized, blockchain-based network that employs a proprietary consensus mechanism (Obelisk) and a mesh-network protocol, and it has a capped supply of 100 million SKY tokens.
The market price of SKYUSD is determined by the interaction of supply and demand across exchanges that list the pair. Trading activity, order book depth, market sentiment, macroeconomic conditions and regulatory developments all influence price formation, while individual exchange liquidity and quoted spreads can create short-term divergences.
SKYUSD matters to traders and investors because it provides a direct fiat valuation of Skycoin, enabling portfolio allocation, speculative trading, and fiat conversion. It also serves as a reference for price discovery and risk management when comparing SKY to other crypto or fiat pairs.
Like many altcoin pairs, SKYUSD can exhibit elevated volatility and variable liquidity; participants should account for wider spreads and potential price swings when executing larger orders.
SKYUSD Chart
SKYUSD FAQ
What is the current Skycoin price?
The current price is $0.057230, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.00033 (-0.5733%), showing how much the asset has moved compared to the previous close.
What is the previous close for Skycoin?
The previous close was $0.057560, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.5733%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.057210) and highest ($0.057840) prices traded during the selected period, helping assess volatility.
Why is Skycoin (SKY) moving today?
Price movements in Skycoin are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.057230) is below the previous close ($0.057560), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Skycoin?
You can view real-time charts, price updates, and market data for Skycoin (SKY) directly on this page.
