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Maker (MKR) has been rebranded to Sky (SKY). For more information, please visit this post.
Buy or Exhange Sky at the Best Market Price Today.
Sky Chart
SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Sky Protocol’s main value lies in giving users a simple, secure way to trade, save, and earn rewards without ever giving up control of their funds. It is built around a stablecoin called USDS, which is always worth one US dollar, but it is completely decentralized. The protocol is run by automated agreements called smart contracts, so there’s no middleman controlling users' money. The system uses two main tokens: USDS for stable savings, and SKY for community governance. users can help secure the network and earn rewards by staking their SKY tokens in the Staking Engine, which is like locking them in an interest-bearing account to help the system run. The protocol also uses SkyLink to seamlessly connect users' funds across different blockchains for faster and cheaper transactions. The Sky Protocol is unique because it has no single CEO or traditional core team of investors; instead, it is managed entirely by its global community of SKY token holders. This decentralized setup means that SKY is primarily used for two core utilities: it grants essential voting power to decide on all major system changes, and it can be staked in the Staking Engine to help secure the network and earn rewards. Staking also provides holders with the ability to borrow the USDS stablecoin, making SKY the essential key for both governance and income generation within the ecosystem.
The current price of 1 Sky in USD is $0.06782.
This price is currently -32.54% than its all-time high (ATH) of $0.1005,
and 89.29% than its all-time low (ATL) of $0.03583.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Sky’s price.
The market capitalization of Sky is $1,589,293,822.00 as of today.
Sky is currently ranked #54 in the market, and this market cap is calculated by multiplying the current price of Sky with the circulating supply.
The circulating supply of Sky is 23,424,133,275, meaning there are 23,424,133,275 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Sky in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Sky’s official platforms.
The trading volume of Sky today is $4,648,542.00.
This represents the total value of Sky transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Sky is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Sky's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Sky to make well-informed trading decisions.
The all-time high (ATH) price of Sky is $0.1005.
This ATH was reached on 04 Dec 2024, marking the highest value ever for Sky in the market.
Currently, Sky is lower than its ATH by -32.54%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Sky, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Sky is $0.03583.
This ATL was reached on 02 Feb 2025, marking the lowest value ever for Sky.
Currently, Sky is higher than its ATL by 89.29%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Sky, offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Sky, you can follow these steps:
1. Choose a Cryptocurrency Exchange: Sky is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Sky against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Sky.
4. Place an Order: After funding your account, navigate to the Sky trading pair (e.g., Sky/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Sky in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Sky.
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Sky (SKY) at the Best Market Price Today.