Skeincoin (SKC) Live Price Chart & History

Price USD -7.87%
$0.028785
Price BTC
0.00000426
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$0.4M
Market Share
Live SKC / USD Price Chart

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Since launching at $0.00127324 on 15/03/2014 Skeincoin has achieved a price of $0.0287852, falling -20.19% in the last week alone.

Skeincoin Price Analysis: Predictions and Forecasts

Why buy Skeincoin? What is it used for?

Skeincoin is a cryptocurrency that makes the future of payment systems an everyday reality by providing integrated real-world applications. Skeincoin uses a new Proof of Work (POW) algorithm that is energy efficient and secure.The first round of hashing is done using Skein, the second using SHA256... Skeincoin is an altcoin from 2013, using the flexible and efficient SKEIN crypto hash. There will be a maximum of 17,000,000 SKC coins. It is using a POW Hash: Round 1 Skein – Round 2 SHA2 .Block target: 2 minutes. Block reward: 32 SKC, halving every year (262,800 blocks) No premine.
Skeincoin was launched in 15/03/2014. It uses the Proof of work method of consensus, and is based on the Skein algorithm. Skeincoin's goals include Skeincoin is a cryptocurrency that makes the future of payment systems an everyday reality by providing integrated real-world applications Skeincoin uses a new Proof of Work (POW) algorithm that is energy efficient and secure. The first round of hashing is done using Skein, the second using SHA256 (Skein-SHA2)..

Will the price Skeincoin fall continue to rise?

It's impossible to predict for sure if Skeincoin is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Skeincoin has fallen by -20.19%
  • In the past month it has lost -77.904702918621%
  • In total it has appreciated by $0.02751196 since its inception, a change of 2,260.78%

Can Skeincoin reach, replace, pass or overtake bitcoin?

At present Skeincoin is trading at 0.00000426 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 23,474,178.4%. If we assume Skeincoin continued to as it has in the last month - with a price change of -77.90% it would take -0.72656711127059 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of SKC is going to take off and increase in price to a higher level we've done the math for you.
In order for Skeincoin to reach $0.05 it needs to increase in price by a factor of 1.74x. Given its present growth rate of -77.90% per month, it could take just 6.8 months to hit a price target of $0.05 USD

What is the probability of hitting $0.05 over time?

Time periodChance final price > $0.05Chance final price < $0.05
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $0.10 it needs to increase in price by a factor of 3.47x. Given its present growth rate of -77.90% per month, it could take just 1.3 years to hit a price target of $0.1 USD

What is the probability of hitting $0.10 over time?

Time periodChance final price > $0.1Chance final price < $0.1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $0.20 it needs to increase in price by a factor of 6.95x. Given its present growth rate of -77.90% per month, it could take just 2.0 years to hit a price target of $0.2 USD

What is the probability of hitting $0.20 over time?

Time periodChance final price > $0.2Chance final price < $0.2
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $0.25 it needs to increase in price by a factor of 8.69x. Given its present growth rate of -77.90% per month, it could take just 2.2 years to hit a price target of $0.25 USD

What is the probability of hitting $0.25 over time?

Time periodChance final price > $0.25Chance final price < $0.25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $0.50 it needs to increase in price by a factor of 17.37x. Given its present growth rate of -77.90% per month, it could take just 2.9 years to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $1.00 it needs to increase in price by a factor of 34.74x. Given its present growth rate of -77.90% per month, it could take just 3.6 years to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $5.00 it needs to increase in price by a factor of 173.70x. Given its present growth rate of -77.90% per month, it could take just 5.3 years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $10.00 it needs to increase in price by a factor of 347.40x. Given its present growth rate of -77.90% per month, it could take just 6.0 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Skeincoin to reach $15.00 it needs to increase in price by a factor of 521.10x. Given its present growth rate of -77.90% per month, it could take just 6.4 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Skeincoin a good investment? Is it safe to put my money into SKC?

No, it is not a 'good investment' to buy Skeincoin, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Skeincoin as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of SKC - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is Skeincoin? Interest Over Time

Where is Skeincoin most popular?

Skeincoin Development + Team

There are 3 developers coding the source behind Skeincoin There are no sales or marketing staff on the team which could impede the coin's growth.

Skeincoin doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for Skeincoin is lead by Andrej Ashuev,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

Risk Warning

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

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