SKALE Network Reaches Self Reported Market Capitalization of $215.62 Million (SKL)

SKALE Network (SKL) traded down 4.6% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on February 6th. One SKALE Network token can currently be bought for approximately $0.0389 or 0.00000039 BTC on major exchanges. SKALE Network has a total market capitalization of $215.62 million and approximately $38.35 million worth of SKALE Network was traded on exchanges in the last day. In the last week, SKALE Network has traded down 35.9% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• GMX (GMX) traded up 0.6% against the dollar and now trades at $17.10 or 0.00017348 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.3% against the dollar and now trades at $98,520.36 or 0.99944674 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.6% against the dollar and now trades at $98,170.70 or 0.99589966 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

SKALE Network Token Profile

SKALE Network was first traded on August 17th, 2020. SKALE Network’s total supply is 6,076,000,000 tokens and its circulating supply is 5,538,894,337 tokens. SKALE Network’s official Twitter account is @skalenetwork. SKALE Network’s official website is skale.space/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage. The official message board for SKALE Network is skale.space/blog/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage. The Reddit community for SKALE Network is https://reddit.com/r/skalenetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “SKALE Network (SKL) is a blockchain platform for scalable and secure decentralized applications (dApps). Created by a team of entrepreneurs, it offers a high-performance sidechain infrastructure for gaming, DeFi, NFTs, and more. SKL tokens are used for staking, transaction fees, and network governance, securing and governing the network.”

SKALE Network Token Trading

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

SKL/USD price chart by TradingView