Skey Network Price Overview
The current Skey Network price is 0.094500000 €. The price has changed by -1.53% in the past 24 hours on trading volume of 677120.00 €. The market rank of Skey Network is 690 based on a market capitalization of 68090543.00 €. Skey Network has a circulating supply of 720381438.00 SKEY. The highest recorded Skey Network price is 0.468300000 €. And the lowest recorded SKEY price is 0.007622380 €.
How do Skey Network price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Skey Network’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for Skey Network matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Skey Network chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of Skey Network
Many factors affect the value of Skey Network.
The Skey Network exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of Skey Network and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Skey Network in the news, monitor SKEY on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Skey Network? Or will they close a technology gap, rendering Skey Network less valuable as an investment?
Live Skey Network value and market cap
The live Skey Network exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of Skey Network is equal to the value of Skey Network multiplied by the number of Skey Network in circulation.
Where to buy Skey Network
So you’re ready to jump into the world of cryptocurrency and you want to know where to buy Skey Network (SKEY)? Skey Network is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.
What payment methods can I use to buy Skey Network
We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google Pay, or Skrill to buy Skey Network (SKEY).
What can you do with your Skey Network?
Buy Skey Network with euros
Access Skey Network tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.
Exchange Skey Network
Swap some or all of your Skey Network for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.
Use Skey Network
Use the Skey Network you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.
Sell Skey Network for euros
Simplify your life with the Web3 wallet that lets you sell your Skey Network for euros in seconds. Easily withdraw to your bank account or bank card.
Earn Skey Network
With Skey Network, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Skey Network at competitive interest rates.
Hold your Skey Network
Your Skey Network tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.
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Skey Network Price FAQ
What factors influence the price of Skey Network?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Skey Network tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Skey Network in EUR?
Skey Network price history shows that Skey Network has recorded a peak value of 0.468300000 €.
What is the current price of Skey Network in EUR?
Skey Network is available for immediate purchase at Kriptomat. The current price is 0.094500000 €.
How can I buy Skey Network?
You can consult an expert to tell you how to buy Skey Network. However, it’s fast and easy to buy Skey Network with the Kriptomat app. Skey Network is available for immediate purchase at the current Skey Network price quote of 0.094500000 €. Current prices are always displayed in the Skey Network chart.
How much Skey Network should I buy?
If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring Skey Network as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
Is there an order minimum?
You can buy Skey Network for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.
Is Skey Network easy to sell?
Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your SKEY whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.