What is SK HYNIX INC. (COINBASE TOKENIZED STOCK)(SKHYC)?

Basic information about SKHYC

Coin name:

SK hynix Inc. (Coinbase Tokenized Stock)

Coin symbol:

Coin introduction:

SK hynix Inc. (Coinbase Tokenized Stock) is an onchain certificate that provides economic exposure to shares of SK hynix Inc. through a tokenized security issued by Coinbase Onchain SPV Ltd in the Abu Dhabi Global Market (ADGM). Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with a regulated broker-dealer and custodian. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token can be held and transferred through supported blockchain networks and used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested, after applicable taxes, fees, and expenses, with the resulting economic benefit reflected through an adjustment to the share-to-token ratio.

Current Price:

$151.22More coin details

All-time high:

$179.09

All-time low:

$151.20

SKHYC Supply Info and Tokenomics

Circulating supply:

176

Total supply:

176

Max supply:

Market cap:

$26.62K

Fully diluted valuation:

$26.62K

What is the outlook and future value of SKHYC?

The current market cap of SKHYC is $26.62K, ranked 9478 in the market, showing that the market already recognizes the value of SKHYC. When a bull market arrives, the market cap of SKHYC may continue to grow.

Moreover, if SKHYC can play a greater role in real-world applications—such as if the Monero developers can fully empower SKHYC and establish partnerships with more business partners to expand its user base—then the long-term value of SKHYC will be further enhanced.

What is the price of SKHYC in 2027?

According to the historical price performance prediction model of SKHYC, the price of SKHYC is expected to reach $158.78 at 2027.

Note: As with any crypto investment, investors should closely monitor SKHYC’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SKHYC?

Purchasing SKHYC with cash is not the only way to obtain SKHYC. If you have enough time, you can get SKHYC for free.

Learn how to get Hot rewards for free with SKHYC.

Earn free SKHYC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SKHYC airdrops for free.

All crypto airdrops and rewards can be exchanged for SKHYC through LBank spot trading.

Buy SKHYC starting from $1

What is SKHYC used for and how to use it?

The use cases for SKHYC may grow with the development of the crypto market and project progress. Currently, you can use SKHYC to:

Arbitrage trading of SKHYC

SKHYC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SKHYC trading pairs to suit your needs.

Earn yield with SKHYC

You can also lend out SKHYC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SKHYC gains.

Send or pay with SKHYC

If you want to pay someone with SKHYC, you can easily and quickly send SKHYC to them using their receiving address.

You can also visit the official website of SK hynix Inc. (Coinbase Tokenized Stock) to learn more use cases of SKHYC, such as whether the SK hynix Inc. (Coinbase Tokenized Stock) project supports community/eco apps or buying physical or virtual goods with SKHYC.