SKALE Network (SKL) Reaches Self Reported Market Capitalization of $376.92 Million

SKALE Network (SKL) traded 7.3% lower against the dollar during the 1 day period ending at 17:00 PM ET on May 8th. SKALE Network has a market cap of $376.92 million and $22.14 million worth of SKALE Network was traded on exchanges in the last day. Over the last seven days, SKALE Network has traded down 6.7% against the dollar. One SKALE Network token can currently be bought for $0.0703 or 0.00000114 BTC on cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 1.8% against the dollar and now trades at $0.29 or 0.00000478 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.2% higher against the dollar and now trades at $0.0102 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

SKALE Network Token Profile

SKALE Network’s genesis date was August 17th, 2020. SKALE Network’s total supply is 5,447,166,667 tokens and its circulating supply is 5,361,561,004 tokens. 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. SKALE Network’s official Twitter account is @skalenetwork. The official website for SKALE Network is skale.space/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage.

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.”

Buying and Selling SKALE Network

It is usually not possible to purchase alternative cryptocurrencies such as SKALE Network directly using U.S. dollars. Investors seeking to acquire SKALE Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini 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