SKALE Network (SKL) Trading 20.7% Lower This Week

SKALE Network (SKL) traded down 1.5% against the U.S. dollar during the 1-day period ending at 7:00 AM ET on May 2nd. During the last seven days, SKALE Network has traded down 20.7% against the U.S. dollar. SKALE Network has a total market capitalization of $392.34 million and approximately $30.78 million worth of SKALE Network was traded on exchanges in the last day. One SKALE Network token can currently be bought for approximately $0.0732 or 0.00000127 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded up 0.5% against the dollar and now trades at $0.29 or 0.00000498 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.6% higher against the dollar and now trades at $0.0099 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 was first traded on 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 website for SKALE Network is skale.space/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage. SKALE Network’s official message board 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.

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 possible to purchase alternative cryptocurrencies such as SKALE Network directly using U.S. dollars. Investors seeking to trade SKALE Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase SKALE Network using one of the aforementioned exchanges.

SKL/USD price chart by TradingView