The Sky token, rebranded from Maker, is demonstrating positive price dynamics. This article will explore its features and future predictions.
What is Sky?
Sky is the revamped version of MakerDAO, one of the first and most influential DeFi platforms in crypto. The rebrand was implemented in August 2024 as part of MakerDAO's ambitious plan to modernize the project.
Sky Coin Price Prediction: General Outlook
As of June 20, Sky is trading at around $0.08, down 1.16% over the past 24 hours and 6.2% over the past week. The price had previously reached $0.0949, with an all-time high of $0.1014 recorded in December 2024, largely due to the launch of a new staking rewards program.
Sky Price Prediction for 2025 and 2030
According to CoinCodex, a short-term drop of around 25% is expected, potentially falling to $0.0615 by July 18, 2025. However, their long-term outlook suggests the price could range from $0.0564 to $0.2251. DigitalCoinPrice provides a similarly positive view for 2030, estimating prices to range from $0.11 to $0.348.
The Sky token shows medium- and long-term growth potential due to new mechanisms like staking and a deflationary model. Despite short-term price fluctuations, overall predictions remain optimistic.
