Skycoin (SKY) Reaches One Day Trading Volume of $4.00

Skycoin (SKY) traded up 0% against the US dollar during the 1-day period ending at 15:00 PM E.T. on May 26th. One Skycoin coin can now be purchased for approximately $0.10 or 0.00000340 BTC on popular exchanges. Skycoin has a total market capitalization of $2.20 million and $4.00 worth of Skycoin was traded on exchanges in the last day. During the last week, Skycoin has traded 16.6% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Bitsubishi (BITSU) traded up 183% against the dollar and now trades at $42,691.31 or 1.44963437 BTC.
  • JUMPN (JST) traded down 55.2% against the dollar and now trades at $6.07 or 0.00020600 BTC.
  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00003392 BTC.
  • Sweet SOL (SSOL) traded up 586.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • XRP (XRP) traded down 3.3% against the dollar and now trades at $0.39 or 0.00001333 BTC.
  • Wrapped Cardano (WADA) traded down 5.1% against the dollar and now trades at $0.49 or 0.00001659 BTC.
  • Enegra (EGX) (EGX) traded down 0.3% against the dollar and now trades at $147.50 or 0.00500844 BTC.
  • Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Polkadot (DOT) traded 8% lower against the dollar and now trades at $9.18 or 0.00031180 BTC.
  • Wrapped TRON (WTRX) traded down 1% against the dollar and now trades at $0.0831 or 0.00000282 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. The official website for Skycoin is www.skycoin.com. Skycoin’s official Twitter account is @Skycoinproject and its Facebook page is accessible here. The Reddit community for Skycoin is /r/SkycoinProject and the currency’s Github account can be viewed here. The official message board for Skycoin is medium.com/skycoin.

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 “

Buying and Selling Skycoin

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

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