Standard Chartered Forecasts SKY Rising Fivefold to $0.325 by 2028
8 Articles
8 Articles
Standard Chartered began coverage of the SKY token, the decentralized finance platform of the same name—previously known as MakerDAO—, with a target price of $0.325 by the end of 2028, representing a five-fold rise from the current $0.06. The report, prepared by Geoff Kendrick, global director of digital asset research at the bank, compares Sky to Sky with the current $0.06... Read more
Standard Chartered started Sky coverage, formerly MakerDAO, and projected the SKY token to reach $0.325 by the end of 2028, driven by the growth of USDS, stacking and repurchases. The bank also warned that a slower expansion of performance stablecoins could frustrate this uphill scenario.
Crypto Briefing
Cryptocurrency News | Cryptocurrency Prices | Market CapStandard Chartered forecasts SKY to rise fivefold to $0.325 by 2028
The projected rise of SKY highlights the growing influence of DeFi in traditional finance, potentially reshaping stablecoin market dynamics.
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