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Sky Protocol (SKY) Historical Price and Return Analysis: Should I Buy SKY Now?

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Abstract

This article provides a comprehensive review of Sky Protocol (SKY) historical prices and market fluctuations since its inception. By analyzing data from bull and bear market phases, we assess the potential returns for investors who purchase 10 SKY tokens and address the critical question, “Should I buy SKY now?” This analysis aims to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Starting Point and Early Market Cycle: Historical Price Review (2025)

Sky Protocol (SKY) is the governance token of the Sky ecosystem, described as an upgraded version of the MKR token. According to the available data, the earliest recorded trading price for SKY was approximately $0.07424 in 2025.

Here’s the price change for SKY during the initial market phase in 2025:

2025

  • Opening price: $0.07424
  • Closing price: $0.05605
  • Highest price: $0.07424
  • Lowest price: $0.0433
  • Annual return: -24.5%

An investor who purchased 10 SKY tokens during this early market phase in 2025 would have a potential loss of $0.1819 if sold today.

Recent Market Cycle: Should I Buy SKY Now? (2025 to present)

In recent years, SKY has shown a declining trend, prompting discussions about whether we’re entering a new bull market or still in a bear phase.

2025

  • Opening price: $0.07424
  • Closing price: $0.05605
  • Highest price: $0.07424
  • Lowest price: $0.0433
  • Annual return: -24.5%

The potential return for investors who purchased 10 SKY tokens during this period:

  • 2025-present: -$0.1819

Summary: Bull Market, Bear Market, and Investment Timing Analysis

Through the analysis of SKY’s historical prices and potential returns, we can observe a short-term declining trend. This information can help investors assess whether the current market is still in a phase suitable for investment, addressing the key question, “Should I buy SKY now?”

SKY0.08%
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