SKY Historical Price and Returns Analysis: Should I Buy SKY Now?

Abstract

This article provides a comprehensive review of SKY’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to assess potential returns for investors purchasing 10 SKY tokens. We aim to answer the crucial question, “Should I buy SKY now?” to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2025)

SKY, also known as Sky Protocol, was created as the governance token for the Sky ecosystem, serving as an upgraded version of the MKR token. According to CoinMarketCap records, its early trading price was approximately $0.07424.

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

2025

• Opening price: $0.07424
• Closing price: $0.05294
• Highest price: $0.07424
• Lowest price: $0.0433
• Annual return: -28.69%

An investor who purchased 10 SKY tokens during the early bull market phase in 2025, if sold today, would have a potential return of -$0.213.

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

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

2025

• Opening price: $0.07424
• Closing price: $0.05294
• Highest price: $0.07424
• Lowest price: $0.0433
• Annual return: -28.69%

The potential return for investors purchasing 10 SKY tokens during this period is as follows:

• 2025-present: -$0.213

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

By analyzing SKY’s historical prices and potential returns, we can observe a short-term declining trend, helping investors assess whether the current phase is still suitable for positioning and answering the key question, “Should I buy SKY now?”