Price SKALE Network (SKL)
325.8958365   1.71184%

Market Cap. : IDR 1,531,559,345,000 1.71184%

SKALE Network Price Live Data

The live SKALE Network price today is IDR 325.8958365 with a 24-hour trading volume of IDR 112,712,857,660. We update our SKL to price in real-time. SKALE Network is 1.71184% in the last 24 hours. The current ranking is #123, with a live market cap of IDR 1,531,559,345,000. It has a circulating supply of 4,699,520,000 SKL coins and a max. supply of 6,615,000,000 SKL coins.

If you would like to know where to buy SKALE Network , the top cryptocurrency exchanges for trading in SKALE Network stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart SKALE Network to IDR

What is SKALE Network (SKL)?

"SKALE Network is an open-source, decentralized "elastic" blockchain network designed to scale Web3 applications. SKALE chains are configurable, application-specific blockchains (often called "dynamic shards") that exist one layer above the Ethereum blockchain. Developers can rent SKALE chains that each act as a private Ethereum-compatible smart contract platform with faster block times and the ability to process more transactions per second. According to core developer SKALE Labs, SKALE chains can run full-state smart contracts, support decentralized storage, execute rollup contracts (a layer-2 scaling solution), and run machine learning algorithms using the EVM (Ethereum Virtual Machine). In combination with Ethereum, SKALE Network aims to allow Web3 apps to compete with traditional apps on a cost and performance basis. "

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Buying tips SKALE Network (SKL)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case SKALE Network (SKL). Technically you can combine several indicators to get the right formula for determining the entry point SKALE Network. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from SKALE Network can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from SKALE Network can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of SKALE Network. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell SKALE Network. So when is the right time? the following are brief tips.

• When the price SKALE Network is high, the first moment that could be a good time to sell SKALE Network is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
• Prices SKALE Network Rise In the Short Term, Very fast price fluctuations make investors SKALE Network too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if SKALE Network experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the SKALE Network owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
• Trading volume SKALE Network high, Price increase & decrease chart SKALE Network can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling SKALE Network, of course, besides that there are many other indicators that you can use to trade/invest.