SKALE (SKL)

-0.32 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

57210283>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

240859827>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

4,178,186,004.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

4,953,611,963.57
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

7,000,000,000.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.02779256429
23.67%

Jan 18 2023

0.029325648284
17.20%

Apr 02 2022

0.303354250946
-88.67%

Mar 12 2021

-97.17%
Low

Jan 19 2023

0.02779256429
23.67%

Jan 03 2023

0.021095482853
62.93%

Jan 01 2023

0.019918342484
72.56%

Dec 31 2022

75.07%
For Detailed Research of SKALE - Visit - SKALE (SKL)

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
SKALE
Comments

Coin Info

SKALE is called an elastic network that is meant to make Ethereum more scalable. The goal of the decentralised project is to reduce latency and make sure that payments can be made as cheaply as possible, as well as to increase the number of transactions that can be made.

On its website, the project says it wants to let people build and run DApps in a "decentralised modular cloud built for real-world needs and configured to your needs." This focus on decentralisation doesn't mean that security is less important.

SKALE says that people who build on this platform can run Solidity smart contracts "thousands of times faster at a fraction of the mainnet cost." Games and services that stream content already use its infrastructure.

Jack O'Holleran and Stan Kladko, who both have a lot of experience in the software industry, came up with the idea for SKALE Network.

The goal of SKALE Network is to make Ethereum-based apps safer and more decentralised.

On the SKALE Network, token holders are rewarded for helping to make the platform more scalable and secure by acting as validators.

The SKALE Network was the first project to launch a token on ConsenSys Codefi's Activate platform. This platform is "designed to launch decentralised networks and allow customers to buy, manage, and use their tokens—all in one application." Activate was made to set new rules for how utility tokens are distributed and make sure that networks are ready to use as soon as tokens are sold. It is hoped that this approach will help clean up the initial coin offering market, which has been prone to scams in recent years.

To know more about the Skale price prediction, install the top cryptocurrency app CoinGabbar today!

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