Skycoin Survives The Red Pool After Being Listed On Binance

Binance has another announcement, after its listing of ZenCash on their platform. The scheduled upgrade of the system will take place directly after 24/07/2018.

According to the announcement by the community of Binance, the incline will take 30 minutes to function. However, there might be individual variations in time with the upgrading of the system.

Binance is a worldwide multi-language cryptocurrency exchange program. It was founded by Changpeng Zhao. The association of Binance is anxiously expecting upgraded features as per their assurance towards their investors.

Source: Binance.com

There are speculations in the world of twitter regarding this notice. Following this statement, there was a meme video released on the safety of the funds, for which the CEO, Mr Zhao retweeted in their post that there is a scheduled system upgrade coming up.

While some are anticipating a dump in the prices, the rest are busy with the new announcement about Binance listing SkyCoin will lead to the costs to skyrocket. The cryptocurrency market wallet will be trading SKY/BNB, SKY/BTC and SKY/ETH pairs.

Skycoin

SkyCoin is one of the exceptional blockchain application platforms in the world. SKY has specific, robust features to its ecosystem. Such as:

  • The technology is fast and has a secure currency backed.
  • The Skywire is decentralised and anonymous.
  • The Skynode’s hardware and has an access point for Skywire.
  • Their Skyledger relies on a decentralised public blockchain network.
  • There is a suite of decentralised applications known as the Skysuite.

Skycoin happens to be the only coin with a more significant green value while compared with other 100 currencies. SKY is currently trading at the price of $32.60 with a market cap value of over $293 million. SKY is soaring in the past hour with an increase of 15.15% and 28.51% in the past 24-hours, at the time of writing. There was a sharp increase of $32.48 from $23.46 in less than 24-hours.

Source: coinmarketcap

It has a current supply of 8,999,274 with a volume of around $5 million as per CoinMarketCap in the last 24 hours.

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