SKY surged 13% after the Coinbase NY listing, opening access to 19.5M new potential investors.
Founder Rune Christensen bought $1.3M in SKY, signaling strong confidence in the Endgame strategy.
Sky Protocol made headlines in the crypto market after recording a 13% price surge in just 24 hours. This surge wasn’t just a number, several major events were the trigger.
The most noteworthy was, of course, when SKY officially traded on Coinbase in New York on July 24th. This move opened access to more than 19 million residents who had previously only been able to purchase eight selected tokens due to BitLicense restrictions imposed by local authorities.
Coinbase NY Listing Opens the Gates for Sky Protocol
To be listed on Coinbase New York, Sky had to pass the notoriously stringent due diligence process of the NYDFS. So, it could be said that this move opened a huge floodgate for an influx of new investors that had previously been held back. Interestingly, Sky Protocol emerged with a stron