Question 1

What determines the price movement of Skol ($SKOL)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Skol.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Skol, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Skol. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Skol on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Skol. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Skol and the broader cryptocurrency market.

Question 2

What is the highest price of Skol price in history?

Accepted Answer

Skol achieved the all-time high of 0.517638 in 2024-12-26, and is currently trading at 0.075514.

Question 3

What is the lowest price of Skol price in history?

Accepted Answer

Skol reached its all-time low of  0.02771441 on 2024-04-19.

Question 4

What is the current market cap of Skol?

Accepted Answer

The current market cap of Skol is  , as  $SKOL is trading at the price of 0.075514.

Question 5

How many Skol are there in the market?

Accepted Answer

There are currently  $SKOL circulating in the market. These Skol can be actively traded or used in the open market.

Question 6

What is the maximum supply of Skol?

Accepted Answer

The maximum supply of $SKOL is 10000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Skol?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Skol is 755140.0000000. The FDV is calculated taking the assumption that all supply of Skol is circulation, multiplied by its current price of  0.075514.

Question 8

What is the price prediction of Skol ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Skol price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Skol a good investment?

Accepted Answer

Skol offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Skol and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Skol.

Question 10

How to buy Skol?

Accepted Answer

You can buy Skol via Gate by following the steps on <0>how to buy $SKOL once you have funded your account.

Skol Price

Skol($SKOL) Price Live Chart

Skol($SKOL) Price Today

$SKOL Price Data

$SKOL Market Cap Infos

$SKOL Supply

Skol($SKOL) to Local currency Converter

About Skol ($SKOL)

Blogs You May Like about Skol($SKOL)

Magic Square (SQR): A Web3 App Store Built for the Community

What Are Art Blocks: The Case of Generative Art NFTs

Smart Contract in Blockchain and How It Works

What is ASIC Resistant Crypto?