skl Archives - Coin Engineer https://coinengineer.net/blog/tag/skl/ Btc, Coins, Pre-Sale, DeFi, NFT Fri, 15 Aug 2025 10:59:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png skl Archives - Coin Engineer https://coinengineer.net/blog/tag/skl/ 32 32 SKALE (SKL) Soars 145%: Why Trading Volume Raises Concerns https://coinengineer.net/blog/skale-skl-august-price-volume-concerns/ https://coinengineer.net/blog/skale-skl-august-price-volume-concerns/#respond Fri, 15 Aug 2025 10:59:44 +0000 https://coinengineer.net/blog/?p=48063 SKALE (SKL) gained significant momentum in August. The launch of It Remains on the network pushed the price to $0.054, marking a 145% increase. This rise represented the highest level since February 2025. The altcoin challenged the broader market, gaining 37% in a single day. SKL became one of the top trending cryptocurrencies on CoinGecko.

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]]> SKALE (SKL) gained significant momentum in August. The launch of It Remains on the network pushed the price to $0.054, marking a 145% increase. This rise represented the highest level since February 2025. The altcoin challenged the broader market, gaining 37% in a single day. SKL became one of the top trending cryptocurrencies on CoinGecko. Moreover, LunarCrush data showed SKALE leading in social and market activity. User engagement on the network further highlighted the project’s popularity. As a result, investor interest increased noticeably. 

SKALE operates as a decentralized blockchain network consisting of independent SKALE Chains. It is designed for high-performance use cases such as gaming, AI, and DeFi. The network offers gas-free transactions to improve the user experience. Meanwhile, the launch of It Remains strengthened price momentum. Fans can interact with the story in a fully immersive way. They also retain complete creative control over content. 

Rising Trading Volume Sparks Concerns 

Alongside the price surge, SKALE’s trading volume also increased sharply. On August 13, daily volume reached $329M, then jumped 175% to $905M the next day. This volume far exceeded the typical daily average of $10M for the month. Binance and Bithumb accounted for most of the trades. On the other hand, SKALE CTO Stan Kladko noted that much of the trading activity is driven by bots. This raises questions about the long-term sustainability of the price increase. BeInCrypto also pointed out signs that the rally could face a temporary cooldown. 

Nevertheless, upcoming strategic developments around SKALE’s MEV-resistant Layer 1 blockchain, FAIR, could create positive momentum. The network is currently inviting users to join a waiting list. Additionally, planned updates and services have the potential to boost network usage. In conclusion, while short-term price action draws attention, long-term strategic moves will determine SKALE’s trajectory. 

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]]> https://coinengineer.net/blog/skale-skl-august-price-volume-concerns/feed/ 0 SKL Coin Technical Analysis – September 3, 2024 https://coinengineer.net/blog/skl-coin-technical-analysis-september-3-2024/ https://coinengineer.net/blog/skl-coin-technical-analysis-september-3-2024/#respond Tue, 03 Sep 2024 14:58:47 +0000 https://coinengineer.net/blog/?p=28396 The cryptocurrency market continues to trend downward. While the metrics are not good in the market, the claims that Japan will continue to increase interest rates caused panic at the opening of the US stock exchanges and caused sales. With the outflows seen in the US, declines occurred in other cryptocurrencies, especially Bitcoin. While Bitcoin

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]]> The cryptocurrency market continues to trend downward. While the metrics are not good in the market, the claims that Japan will continue to increase interest rates caused panic at the opening of the US stock exchanges and caused sales. With the outflows seen in the US, declines occurred in other cryptocurrencies, especially Bitcoin. While Bitcoin continued to fall by 2.5 percent to $ 57,600, the situation is not much different in Ethereum. Ethereum also continued to fall by nearly 4 percent to $ 2,400.

So what is the latest situation in SKL Coin? What are the support and resistance levels in SKL?

SKL Coin Technical Analysis

When we look at the 4-hour chart of SKL Coin, we can see that it is in a long-term downtrend. With this downtrend, the price area has retreated to $ 0.03.


According to TradingView data, the cryptocurrency, which has spent the last 24 hours with a 4 percent decrease, may receive a reaction from its current support position. Of course, in case of a possible deepening decline in Bitcoin, the area we will follow in SKL will be 0.003. The resistance area of ​​SKL is at $ 0.032.

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