SKALE (SKL)
The SKALE Network token (SKL), is a hybrid use token which represents the right to work in the network as a validator, stake as a delegator, or access a share of its resources by deploying and renting an Elastic Sidechain or Elastic Blockchain for a period of time as a developer.
1. SKL Basic Info
| Symbol | SKL |
| Name | SKALE |
| Web Site | https://skale.network |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 7000000000 |
| Available Supply | 5775850000 |
| Market Cap | 143587631 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 7000000000 |
| Release Date | 2020-12-01 |
2. SKL Technical Info
2.1 SKL Kline Chart Price
2.2 SKL Technical Analysis
Short-term: Expect a continuation of the current downward trend. The price will likely fluctuate within a range, with potential for further declines in the immediate future. The immediate target will be below 0.024.
Mid-term: The downward trend could continue, with potential for a slight rebound followed by further declines. The price is likely to consolidate before any significant upward movement. Support levels around 0.024 may be tested. The possibility of a longer-term consolidation phase is also a likely scenario.
Long-term: The overall outlook is cautiously bearish. A sustained recovery to previous highs is not expected in the near term. Further analysis is needed, considering the potential for a change in the underlying trends.
