Why did $SKR’s price surge so sharply and is it sustainable?

[AIcash]

Several factors drove $SKR’s rapid rally:

Staking incentives: High APY encouraged holders to lock tokens immediately, reducing available supply.

Airdrop effects: Early recipients often sold or staked tokens, creating short-term volatility.

Exchange listings: Coinbase and Kraken listings increased accessibility and trading volume.

However, much of the surge was fueled by initial hype, low liquidity, and short-term supply constraints. As more tokens enter circulation and staking inflation slows, price pressure could re-emerge. Long-term value will depend on user adoption and Seeker ecosystem growth.

[kevin1]

low liquidity + supply squeeze = textbook short-term pump