Skale (SKL) is an ultimate skaling solution for ETH. Basically, it should make a competition of ADA, BNB, SOL with Ethereum obsolete. Therefore, we expect it to make big multipliers in the near future. With Solana market cap one SKL would equal 37 USD. Given, that the current growth of markets continue we may witness this price already in December.
You still standing by your prediction of $5 end of October?
YMX-Trader
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@Mvdn, There is a fair share of swing trading going on and SKLBTC forms an almost perfect massive macro flag, the past few days pump touched the upper line again. There is a fair chance to go between 2 and 5 once the flag is broken. SKL fundamentals have the potential for SOL type of growth. While the more realistic view is at .5 - 1.6 end of October and 1.6 - 3 end of the year. There was around a 40% increase in supply due to tokens from early investors being released just weeks ago, which is dragging the growth back and also likely to have a big impact on the next ATHs.
NdW1985
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$30+ by December?
Gucciwitdatdraco
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@NdW1985, Not likely at all to hit $30 this year maybe in 10 years time. By Decembers chances are that it hits a new all time high around $1.6 lets say, or $2 max. If the market is good and the bull run continuous.