Silk Stable is a private stablecoin tracking a basket of global currencies and commodities. Silk Stable is fast and agile, with 6-second transaction times. Launched by Shade Protocol and powered by Secret Network, Silk operates as an interoperability hub between global currencies – acting as a perpetual hedge against macro volatility and inflation.
Silk Price Analysis
As of January 15 2025 Silk has a marketcap of $2.7M.
This is {{percentagefromath}} from its all time high of $2.03.
In terms of its tokenomics, there's a total supply of 2.2M with 100% currently outstanding.
Keep in mind Silk has a fully diluted value of $2.7M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
