SKYAI 24-Hour Volume Claims Questioned Amid Market Uptick
- No leadership comments from SKYAI team support the volume claim.
- Official platforms show lower trading volumes than reported.
- Market sentiment remains bullish with price increase of 12.94%.
SKYAI has reported a significant surge in its on-chain transaction volume over the last 24 hours, stating it surpassed $144 million, with the market capitalization exceeding $48 million as of May 10, 2025.
SKYAI’s reported transaction volume suggests heightened market activity, but verifiable data indicates significantly lower figures. Market optimism grows as regulatory bodies support cryptocurrency acceptance.
The reported $144 million 24-hour volume for SKYAI raised eyebrows, as official sources reveal substantially lower transaction volumes. However, the market capitalization has indeed surpassed $48 million. Despite the absence of direct commentary from SKYAI leadership or influencers, the bullish sentiment is evident through a 12.94% price jump. Other major assets like Bitcoin and Ethereum maintained steady performance, unaffected by SKYAI’s own market dynamics.
The recent data shows 24-hour trading volumes for SKYAI between $13.92 million and $15.8 million, indicating heightened activity but not reaching the claimed $144 million.
The market’s response highlights interest in emerging tokens despite discrepancies in volume reports. Institutional flows remain unclear, though optimism is fueled by wider regulatory acceptance by states like Arizona and New Hampshire. This event underscores the volatile nature of the crypto sector while signaling investor confidence in AI and DeFi tokens, despite potential for swift corrections. As the crypto market progresses, SKYAI may continue to see price and volume fluctuations, driven by broader macroeconomic and industry trends.
