Sekuya Multiverse Price Rises 38% in 1 Month, What’s the Cause?

Jakarta, Pintu News – In the past month, the price of the Sekuya Multiverse token recorded a significant surge of up to 38%, attracting the attention of market participants in the Web3 and GameFi sectors.

This increase raises questions about the factors driving the rise-from community activity, to project updates, to market sentiment towards Sekuya’s localized IP.

Sekuya Multiverse (SKYA) Up 35% in 1 Month

The Sekuya Multiverse (SKYA) chart on CoinMarketCap shows price movements in the span of the last 1 month with a fairly volatile trend. Currently, the price of SKYA is at IDR92.83, up 35.52% in the last month. Market capitalization was recorded at IDR37.43 billion, with a 24-hour trading volume of IDR3.98 billion, up 8.61% compared to the previous day.

Price movements were seen to stabilize in early July, then started to increase at the end of the month, reaching a peak of around IDR140 on August 1, 2025 before experiencing a sharp correction. Currently, the price is near IDR92.9, signaling a post-decline consolidation phase. From the candlestick chart, there are several long green candles followed by red candles indicating selling pressure after a significant rise.

In terms of on-chain, the total supply of SKYA reached 995.41 million SKYA, with an outstanding supply of 403.21 million SKYA out of a maximum of 1 billion SKYA. The volume to market cap ratio (Vol/Mkt Cap) stands at 10.65%, signaling relatively active trading activity.

Meanwhile, community sentiment is very positive with 94% bullish out of 8.2k votes, indicating that most investors are optimistic despite the price correction. Social activity was also evident in the comments section, with one user alluding to an alleged listing for the benefit of developers only, but the market appears to be keeping a close eye on the token’s price movement.

Also read: Robert Kiyosaki Predicts Bitcoin (BTC) to Fall to $90,000 in August, Here’s His Analysis!

Sekuya and the Potential of Web3 Indonesia

To understand the development of Web3 and GameFi in Southeast Asia, a research team from one of Indonesia’s crypto exchanges examined Sekuya-a community-based project that brings local Indonesian IP into the decentralized gaming and metaverse.

This study highlights Sekuya’s potential as a local IP pioneer in the global scene, and analyzes the strength of the community, tokenomics model, and market dynamics that influence the growth of this project in the GameFi sector.

Although based in Singapore, Sekuya carries an Indonesian identity and captures the attention of the global community through its decentralized gaming experience built on the strength of local IP and a community-driven approach.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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• Featured Image: Games GG