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About SKT

Sukhavati is a decentralized cloud service network focused on storage. Based on TEE and Substrate, it implements a low-consumption and meaningful storage verification mechanism: EPoSt (Efficient Proof of Spacetime). On the basis of this architecture, Sukhavati will establish a decentralized data access gateway covering both Web3.0 and Web2.0 storage ecosystems to provide unified data storage, retrieval, and management services for Web3.0 applications.

Sukhavati Network (SKT) is a cryptocurrency launched in 2021. SKT has a current supply of 0 with 0 in circulation. The last known price of SKT is 0.001435987224 USD and is 0.000000155391 over the last 24 hours. It is currently trading on active market(s) with $5,966.81 traded over the last 24 hours. More information can be found at https://www.sukhavati.io.

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SKT Price Statistics
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Updated Jun 19, 2024 6:38 pm
Sukhavati Network
Mkt Cap $0
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New Meme Coin NIKE Gains Popularity In Cardano Ecosystem
New Meme Coin NIKE Gains Popularity In Cardano Ecosystem
According to U.Today, a new meme coin named NIKE has emerged in the Cardano ecosystem, gaining significant popularity within 24 hours of its creation. The coin was inspired by a social media post from Charles Hoskinson, the creator of Cardano, featuring a picture of his pet pig, Nike. The NIKE coin has quickly amassed a market capitalization of 1.72 million ADA, equivalent to approximately $650,000. Its trading volume has also reached 1.51 million ADA, making it the third most traded token in the Cardano ecosystem in the last day. Hoskinson expressed his astonishment at the rapid rise of the meme coin, which approached a million dollars in value in less than 12 hours from his initial post. As NIKE continues to gain momentum, it poses a challenge to another popular meme coin in the Cardano ecosystem, SNEK. SNEK, currently the largest meme coin in the ecosystem, has a market capitalization of $74 million and a trading volume of $607,179. The swift ascent of NIKE has sparked speculation about whether it could surpass SNEK in both popularity and value. This unexpected event underscores the enthusiasm of the Cardano community and the influence of attention on market trends. The emergence of NIKE as a strong contender against established tokens like SNEK could potentially intensify competition among meme coins within the Cardano ecosystem. As this new development unfolds, many in the ADA community are keen to see if the pig-themed coin can outperform its snake-themed rival.
Jun 19, 2024 6:36 pm
Bitcoin Expected To Reach $1 Million, Predicts Jan3 CEO Samson Mow
Bitcoin Expected To Reach $1 Million, Predicts Jan3 CEO Samson Mow
According to U.Today, Samson Mow, CEO at Jan3 and a well-known Bitcoin maximalist, has reiterated his prediction that Bitcoin will eventually reach $1 million per unit. Mow, who is recognized for his long-term predictions of Bitcoin reaching the $1 million mark, recently reaffirmed his stance on a social media platform. This year, Mow has doubled down on his prediction, in anticipation of the fourth Bitcoin halving that occurred in the second half of April. Prior to this, when the SEC officially approved the trading of spot Bitcoin ETFs in January, Mow repeatedly stated that these ETFs' daily accumulation of Bitcoin would ultimately lead to a BTC demand shock. He also suggested that the halving, which reduces block rewards by half, would result in a Bitcoin supply shock. Mow's conclusion is that when these demand and supply shocks intersect, they could potentially drive the Bitcoin price up to $1 million or even higher. Mow recently tweeted his certainty that Bitcoin will reach $1 million. However, he noted two uncertainties: the exact timing of this event and the speed at which BTC will surge to this all-time high. Mow also shared his belief that the chances of Bitcoin jumping from $70K to $200K are high. He suggested that the longer the market waits for a significant price movement, the higher the likelihood that BTC will experience a substantial price jump, potentially from $70,000 to $200,000 overnight. In related news, a recent report by the Santiment on-chain data aggregator revealed a significant three-day drop in the number of non-empty BTC wallets. This is the largest drop since before the historic peak reached by the leading cryptocurrency on March 14. This trend is likely due to recent Bitcoin price drops, which have led holders to sell their assets out of fear of further price declines.
Jun 19, 2024 6:35 pm
Shiba Inu Sees Significant Rise In Large Transactions Amid Whale Activity
Shiba Inu Sees Significant Rise In Large Transactions Amid Whale Activity
According to U.Today, Shiba Inu (SHIB) has experienced a significant increase in large transactions over the past 24 hours, a factor often associated with whale activity. Data from blockchain analytics platform, IntoTheBlock, reveals that the volume of large transactions, defined as those exceeding $100,000, has surged by 295%. This increase suggests that large SHIB holders, or whales, are actively buying or selling while moving substantial amounts of the cryptocurrency. In the last 24 hours, 4.95 trillion SHIB worth $95.57 million accounted for the volume of large transactions, marking a 295% increase. The volume for the Shiba Inu network is not only higher in the number of SHIB tokens traded but also in the total amount transferred across the blockchain. CoinMarketCap data shows that SHIB was down 10.44% in the last 24 hours to $0.0000181, and its trading volume was also higher by 156% in the stated time frame. This recent increase in large transaction volume could be a strategic move by whales to establish a price floor, aiming to stabilize SHIB prices and prevent further declines. As Shiba Inu reaches a critical threshold where a massive quantity of SHIB was acquired by a large number of investors, this becomes crucial. IntoTheBlock data shows that at Shiba Inu's current trading range, 501.18 trillion SHIB were acquired by 80,950 addresses in the range of $0.000014 to $0.000019 at an average price of $0.000016. These support levels are key price points where buying interest tends to be strong enough to prevent further declines. The 501 trillion SHIB range is particularly significant due to the substantial volume involved. If the surge in large transaction volume driven by whales successfully defends the 501 trillion SHIB range, it could prevent further price declines and potentially lead to a rebound. This would be a positive sign for SHIB's price, indicating strong underlying support. However, if the support level fails to hold, SHIB could experience further declines. This scenario would prompt traders to look for new support levels, possibly in the range of $0.000008 to $0.000014, and might lead to a more extended period of price volatility.
Jun 19, 2024 6:33 pm
XRP, Dogecoin, and Shiba Inu Experience Year's Lowest Crowd Sentiment
XRP, Dogecoin, and Shiba Inu Experience Year's Lowest Crowd Sentiment
According to U.Today, a recent report by Santiment has disclosed that XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) have seen their most negative crowd sentiment this year. This sentiment drop comes in the wake of significant price drops for these well-known altcoins. The report suggests that the overall sentiment around these cryptocurrencies has plummeted, potentially paving the way for buying opportunities for patient traders. The decrease in crowd sentiment is noteworthy as it signifies the lowest level of positive mentions and sentiment towards these assets in 2024. The notorious fear of missing out (FOMO) has also hit its lowest point this year, indicating a crucial turning point for these cryptocurrencies. Santiment's analysis employs a sentiment-weighted metric, which adjusts values based on the number of mentions and standardizes data to make sentiment across assets comparable. This metric uncovers spikes and dips in sentiment when there is a high volume of mentions expressing a predominant sentiment, whether positive or negative. In conclusion, the steep drop in positive sentiment can be linked to the recent price declines, which have led many investors to voice doubts and concerns. However, this period of negativity could present a strategic opportunity for traders who have been waiting for a more favorable entry point. The current sentiment suggests that the market may be nearing a bottom, offering the potential for profits when prices rebound.
Jun 19, 2024 6:31 pm
Cardano Trading Volumes Surge Amid Market Downturn
Cardano Trading Volumes Surge Amid Market Downturn
According to U.Today, Cardano (ADA) has seen a significant 162% increase in trading volumes despite a market sell-off that has led to $435 million in crypto liquidations. The cryptocurrency market is currently under selling pressure, with major cryptocurrencies, including Bitcoin (BTC), experiencing significant price drops. This has contributed to an overall market decline. Despite this bearish trend, Cardano has not been immune, falling 7% in the last 24 hours to trade at $0.375. Recent data from CoinShares reveals that nearly $600 million was withdrawn from digital-asset products last week, marking the highest withdrawal since March. Persistent inflation has led traders to lower their expectations for a Federal Reserve interest rate reduction this year, which poses a challenge to speculative assets like cryptocurrencies. The recent market crash has resulted in approximately $435 million in crypto liquidations, according to CoinGlass data. The majority of these liquidations, amounting to $360 million, came from bullish or long traders who were expecting further price increases in the market. Despite these bearish market conditions, Cardano has experienced a remarkable increase in trading volumes. Data from the crypto market ranking platform CoinMarketCap shows that ADA's trading volumes have surged by 162% in the last 24 hours, reaching $574.9 million. This surge is particularly noteworthy given the overall market downturn. The reasons for this increase in trading volume for ADA could be varied, but it may indicate investor positioning. Higher volatility often leads to increased trading volume as traders buy and sell in large quantities. Cardano has recently gained popularity among institutional investors, which may have contributed to the rise in trading volumes. The market will continue to closely monitor ADA's price performance in the coming days to see if it can capitalize on the current surge in interest or maintain its current status.
Jun 19, 2024 6:30 pm

Frequently Asked Questions

  • What is the all-time high price of Sukhavati Network (SKT)?

    The all-time high of SKT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sukhavati Network (SKT) is 0. The current price of SKT is down 0% from its all-time high.

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  • How much Sukhavati Network (SKT) is there in circulation?

    As of , there is currently 0 SKT in circulation. SKT has a maximum supply of 618.03M.

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  • What is the market cap of Sukhavati Network (SKT)?

    The current market cap of SKT is 0. It is calculated by multiplying the current supply of SKT by its real-time market price of 0.001435987224.

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  • What is the all-time low price of Sukhavati Network (SKT)?

    The all-time low of SKT was 0 , from which the coin is now up 0%. The all-time low price of Sukhavati Network (SKT) is 0. The current price of SKT is up 0% from its all-time low.

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  • Is Sukhavati Network (SKT) a good investment?

    Sukhavati Network (SKT) has a market capitalization of $0 and is ranked #9387 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sukhavati Network (SKT) price trends and patterns to find the best time to purchase SKT.

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