SKPANAX (SKX) Price

$0.20

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SKPANAX (SKX) Price Today

The live price of SKPANAX is 0.20 USD. In the past 24 hours, the trading volume of SKPANAX was 230,336.00 USD, up by 3.38%. The current price has decreased by -33.14% from its 7-day high of 2.92 USD, and increased by 0.01% from its 7-day low of 0.13 USD. With a circulating supply of 100,000,000.00 SKPANAX, the market cap of SKPANAX is currently 0 USD, down by 0% in the last 24 hours. SKPANAX currently ranks #- by market capitalization among cryptocurrencies.

SKPANAX (SKX) Market Data

Market Cap

24h Volume

$230.3K

Circulating Supply

Maximum Supply

100M SKX

Fully Diluted Market Cap

$20M

Liquidity Indicator

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FAQ

About SKPANAX (SKX)

How can I buy SKPANAX (SKX)?

You can buy SKPANAX (SKX) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy SKPANAX guide for details. Sign up with BingX to trade SKX first when it goes live.

What Is SKPANAX (SKX) and How Does It Work?

SKPANAX (SKX) is the native utility token of the S&PanaX ecosystem, a blockchain-powered platform focused on beauty, health, and lifestyle commerce. The project integrates e-commerce, community rewards, and decentralized finance (DeFi) features, giving users a way to shop, earn, and participate in the ecosystem using SKX.

The token works as both a medium of exchange and a rewards mechanism. Shoppers can pay for curated wellness and beauty products through SKX, and receive up to 3% rewards back in tokens. Businesses and partners within the network also accept SKX for payments, while the platform reinvests a portion of profits into social contribution initiatives. In addition, SKX is tradable on major crypto exchanges, allowing investors to buy, sell, and speculate on its value.

When Did SKPANAX Launch?

SKPANAX (SKX) was publicly launched in July 2024, with the token released on July 12, 2024. It is developed by S&PanaX Co., Ltd., a company with roots in the beauty, cosmetics, health food & wellness sectors in Korea, aiming to integrate blockchain via SKX to offer rewards, transparency, and e-commerce utility especially tied to Korean beauty/wellness products. The token’s total supply is 100 million SKX, and it operates on the Polygon blockchain.

SKPANAX Roadmap

• July 2024 – Official token launch; SKX listed on exchanges.

• Late 2024 – Early 2025 – Expansion of the SKPANAX ecosystem with SKX Mall and new merchant partnerships.

• 2025 – Increased exchange activity; stronger focus on liquidity and real-world utility for beauty and wellness purchases.

• Late 2025 – 2026 – Wider merchant acceptance, both online and offline; scaling consumer rewards and growing the SKX Mall user base.

• 2026 – 2027 – Integration of decentralized features such as governance and community rewards; global expansion beyond East Asia.

• 2030 and beyond – Establish SKX as a leading utility token for beauty and wellness commerce with international adoption and a sustainable ecosystem.

What Is the SKX Token Used for?

The SKX token is the native utility currency of the SKPANAX ecosystem. It is primarily used for purchasing beauty, health, and wellness products on SKX Mall, while also rewarding shoppers with up to 3% cashback in SKX tokens. In addition, it serves as a payment method for partner merchants, a tool for community engagement, and a tradable asset on global exchanges.

You can trade SKX tokens on the BingX spot market by selecting SKX/USDT, entering your preferred order type, and confirming the trade. BingX’s simple interface makes it easy to buy, sell, or hold SKX alongside thousands of other digital assets.

What Is SKPANAX Tokenomics?

SKPANAX (SKX) has a fixed maximum supply of 100 million tokens, ensuring scarcity and long-term sustainability. The project’s tokenomics are designed around supporting its beauty and wellness ecosystem, incentivizing users, and funding growth initiatives. A portion of tokens is allocated for ecosystem rewards, consumer cashback, merchant incentives, and community contributions, while the remainder supports liquidity, exchange listings, and long-term development.

The circulating supply of SKX is gradually increasing as the project expands partnerships and retail integrations, though it is not fully transparent on all exchanges. This controlled release model is intended to balance utility demand with market stability, while also funding ecosystem expansion and social impact projects tied to the SKPANAX brand.

What Blockchain Network Does SKPANAX Operate on?

SKPANAX (SKX) operates on the Polygon blockchain, a fast and cost-efficient Layer-2 scaling solution for Ethereum. By leveraging Polygon, SKX transactions benefit from low fees, high throughput, and strong security, making it practical for everyday commerce such as online shopping and rewards within the SKPANAX ecosystem.

Which Wallets Support SKX Tokens?

The easiest way to store SKX tokens is directly on BingX. When you trade SKX on the BingX spot market, your tokens are automatically stored in your exchange wallet, giving you quick access to buy, sell, or convert them anytime. BingX also offers strong security features, including Proof of Reserves (PoR), cold storage, and the BingX Shield Fund, ensuring your assets are protected while remaining easy to manage.

For users who prefer self-custody, SKX can also be stored in Polygon-compatible wallets such as MetaMask, Trust Wallet, and hardware wallets like Ledger or Trezor. These options let you hold your private keys and interact directly with the Polygon network, making them suitable for long-term investors who want more control. However, they require more setup and security responsibility compared to storing SKX on BingX.

Is SKPANAX (SKX) a Good Investment?

SKPANAX (SKX) positions itself as more than just a speculative token by tying its value to real-world commerce in the beauty, health, and wellness sectors. With a fixed supply of 100 million tokens, built-in cashback rewards of up to 3%, and growing adoption through the SKX Mall and merchant partnerships, it offers both utility and scarcity.

Recent relistings on major exchanges have improved liquidity, while Polygon integration ensures low-cost, fast transactions, making SKX attractive to users seeking practical use cases alongside trading opportunities. However, like all cryptocurrencies, it carries market volatility risks, so investors should balance potential rewards with careful risk management.

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Frequently Asked Questions about SKX (SKPANAX)

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Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

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