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What Is SharkCoin (SKN)?
SharkCoin (SKN) is a currency that offers international instant payment service with 5 core values that make up the SHARK acronym: safe, hybrid, anonymous, fast and know-how. The coin claims to be able to facilitate all sorts of daily transactions — from business-related payments to mobile games, where there is expected to be a growth in demand for any sort of digital technology that can facilitate users.
\ SharkCoin’s hybrid identity as a tool both in the crypto world and the mobile games world makes it a contender to connect these two worlds that have seen closer links in recent years, with the rise of many crypto gaming platforms. \
Ultimately, SharkCoin aims to be the game currency in new and old digital games, allowing players to swap their game rewards for crypto rewards and introducing more gamers to the crypto world. SharkCoin aims to introduce itself to the gaming sphere by advertising itself as a reward for gaming tournaments.
While SharkCoin is in the early stages of its roadmap, it plans to eventually host Bitcoin Talks and further down the road, begin trading on two exchanges.
Who Are the Founders of SharkCoin (SKN)?
The developers of this project are currently anonymous, which is not uncommon for projects like this in the crypto space. They have currently not announced any plans for doxxing at the moment.
What Makes SharkCoin (SKN) Unique?
SharkCoin is unique firstly in its ability to connect gaming with cryptocurrency. There are specially designed crypto games that use their own native coin, but SharkCoin endeavours to be the game currency for multiple Play2Earn games who do not yet have a currency, rather than just sticking to a single game.
SharkCoin is also unique in that it allows for instantaneous transactions. In the modern fast-paced world, speed is king and Sharkcoin facilitates that, allowing multiple transactions to be sent over long distances, and at the same time ensuring that currencies are encrypted.
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How Many SharkCoin (SKN) Coins are There in Circulation?
There is a maximum supply of 100 million SharkCoin tokens. The current circulating supply is 3,040,000.
How Is the SharkCoin (SKN) Network Secured?
One of the ways the SharkCoin network is secured is through using point to point technology to operate without a central authority.
To protect its users, SharkCoin also has a privacy feature that allows users to send money anonymously, at their own choice. This privacy feature was achieved because of PIVX, an improved version of the Dash code built into Bitcoin’s privacy feature.
Can SharkCoin (SKN) Coin Hit $1?
As of the start of October 2021, the current value of SharkCoin tokens stands around $0.00028301 and is projected to remain so for the next few years. To hit $1 would imply an over 3500X price increase from the current value. While this is not entirely extraordinary in the crypto space, it would greatly depend on the project team reaching its objectives and the community backing it.
Where Can You Buy SharkCoin (SKN)?
Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, SKN or any other token in our educational section — CoinMarketCap Alexandria.
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