Sukhavati Network (SKT)
1. Fundamental Analysis
1.1 Introduce
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 ecos to provide unified data storage, retri, and management services for Web3.0 applications. Sukhavati support co-mining with IPFS or PoC projects (Chia & MASSnet) and interactive with Polkadot ecos via decentralized cloud service.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SKT | Market Cap | 6931.2 |
| Name | Sukhavati Network | White Paper | -- |
| Web Site | https://sukhavati.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 618034000 | |
| Supply | 618034000 | Release Date | 2021-08-12 |
| Available Supply | 6000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0011552 | 0.0011552 | 0.0011552 | 0.0011552 | 0.0 |
| 2024-12-31 | 0.0010384 | 0.0011558 | 0.00103 | 0.0011552 | 132.6365686 |
| 2024-12-30 | 0.0010587 | 0.0010587 | 0.0010384 | 0.0010384 | 6.74488 |
| 2024-12-29 | 0.0010816 | 0.0010816 | 0.0010384 | 0.0010384 | 45.6611781 |
| 2024-12-28 | 0.0011133 | 0.0011632 | 0.0010455 | 0.0010653 | 324.5605089 |
| 2024-12-27 | 0.0010979 | 0.0010979 | 0.0010979 | 0.0010979 | 1.4832629 |
| 2024-12-26 | 0.0010938 | 0.0010979 | 0.0010938 | 0.0010979 | 8.5848651 |
| 2024-12-25 | 0.0010731 | 0.0010938 | 0.001073 | 0.0010938 | 18.4738153 |
| 2024-12-24 | 0.0010753 | 0.0011469 | 0.0010238 | 0.0010816 | 143.5508261 |
| 2024-12-23 | 0.0010938 | 0.0010938 | 0.0010938 | 0.0010938 | 0.0 |
| 2024-12-22 | 0.001149 | 0.001149 | 0.0010512 | 0.0010938 | 207.1868195 |
| 2024-12-21 | 0.0010938 | 0.0013204 | 0.0010938 | 0.0011632 | 241.1921078 |
| 2024-12-20 | 0.001044 | 0.0010938 | 0.0010374 | 0.0010938 | 293.6802881 |
| 2024-12-19 | 0.0012122 | 0.0012282 | 0.00104 | 0.001044 | 333.5453489 |
| 2024-12-18 | 0.0013204 | 0.001352 | 0.0011448 | 0.0012122 | 1696.7467803 |
| 2024-12-17 | 0.0013755 | 0.0019 | 0.0012613 | 0.0013204 | 2693.3785027 |
| 2024-12-16 | 0.0013762 | 0.0013959 | 0.0013204 | 0.0013755 | 833.277689 |
| 2024-12-15 | 0.0014081 | 0.0014081 | 0.0013205 | 0.0013918 | 138.6568527 |
| 2024-12-14 | 0.0012357 | 0.0019773 | 0.0012123 | 0.0014038 | 4365.0706965 |
| 2024-12-13 | 0.0012122 | 0.0012448 | 0.0011826 | 0.0012122 | 215.4060113 |
| 2024-12-12 | 0.001224 | 0.001224 | 0.0011846 | 0.0011901 | 46.8092404 |
| 2024-12-11 | 0.0012055 | 0.0012285 | 0.0011847 | 0.0012285 | 12.6590972 |
| 2024-12-10 | 0.0012445 | 0.0012448 | 0.0011828 | 0.0011902 | 253.6987183 |
| 2024-12-09 | 0.0013578 | 0.0013592 | 0.0011839 | 0.0012285 | 1103.325304 |
| 2024-12-08 | 0.0013265 | 0.0014244 | 0.0013042 | 0.0013428 | 443.2288024 |
| 2024-12-07 | 0.0013554 | 0.0014734 | 0.0012938 | 0.0013041 | 1270.7329918 |
| 2024-12-06 | 0.0012448 | 0.0014408 | 0.0012448 | 0.0013751 | 1424.113017 |
| 2024-12-05 | 0.0012122 | 0.0012653 | 0.0012122 | 0.0012448 | 164.2072106 |
| 2024-12-04 | 0.001203 | 0.0012946 | 0.0011894 | 0.0012286 | 263.4612606 |
| 2024-12-03 | 0.001203 | 0.001203 | 0.0011805 | 0.001203 | 660.1782296 |
2.2 Analysis
The 30-day OHLCV data shows a period of volatility followed by a recent consolidation around the 0.0011-0.0012 range. While a short-term upward trend is possible, sustained upward momentum is uncertain due to the significant price fluctuations observed earlier in the period. Further observation is needed to confirm any emerging trend. The volume data suggests periods of high trading activity coinciding with price swings, indicating market interest but not definitively confirming directional bias. Currently, a neutral to slightly bearish outlook is warranted.
