Deep Dive
1. MCP Ecosystem Expansion (Bullish Impact)
Overview:
SKYAI plans to launch its MCP marketplace in late 2025, enabling decentralized AI service rentals and data monetization. Recent tweets confirm active development of an Order Matchmaker system (@SKYAIpro), with Console 0.2 upgrades improving workflow sharing capabilities.
What this means:
Successful implementation could drive token demand as users stake SKYAI to access/services. Historical precedent: HTX-listed AI tokens like LAYER saw 467% gains post-product launches (HTX Report).
2. Technical Weakness vs. Opportunity (Mixed Impact)
Overview:
SKYAI trades 60% below its April 2025 high ($0.03945 → $0.0262), with bearish momentum confirmed by MACD (-0.0053) and 7-day SMA ($0.0327) acting as resistance. However, 7-day RSI (21.16) signals extreme oversold conditions not seen since May 2025.
What this means:
While capitulation risks persist (30-day volume down 40.77%), a break above $0.0318 Fibonacci level could trigger short-covering. Monitor spot buying pressure against the 1B token supply overhang.
3. AI Token Competition (Bearish Impact)
Overview:
Binance Alpha’s May 2025 report shows SKYAI ranked #3 in AI token volumes ($82.5M daily), but trails ZKJ ($696M) and faces new rivals like Creditlink’s $250M-funded credit protocol (@Xiaohe085).
What this means:
Market share erosion could intensify without unique MCP adoption. AI tokens now comprise 23% of Binance Alpha listings, increasing sector volatility risk.
Conclusion
SKYAI’s price hinges on delivering MCP’s promised “data liquidity” use cases before Q4 2025, while navigating a high-risk technical setup. The 78.6% Fibonacci retracement at $0.0318 becomes critical – can protocol upgrades convert oversold signals into sustained recovery, or will AI sector rotation favor competitors? Track developer activity metrics and MCP marketplace beta adoption rates.