What is Sekuya Multiverse (SKYA) Crypto Coin? A Real Look at the GameFi Project

What is Sekuya Multiverse (SKYA) Crypto Coin? A Real Look at the GameFi Project Nov, 27 2025

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Current SKYA price: $0.00186 (CoinMarketCap)

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Important Risk Warning: SKYA is a high-risk, low-liquidity cryptocurrency with:

  • Market cap under $1 million
  • Extremely low daily trading volume (<$100,000)
  • Price volatility exceeding 90% from peaks
  • Little real-world adoption or proven use cases

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Sekuya Multiverse (SKYA) isn't another meme coin pretending to be a game. It's a blockchain project built for Southeast Asia’s massive gaming and anime fanbase, with real plans to connect digital tokens to physical collectibles, loyalty programs, and real-world events. But here’s the truth: despite bold claims and flashy marketing, SKYA is still a tiny, volatile asset with shaky data and little mainstream adoption.

What Exactly Is Sekuya Multiverse?

Sekuya Multiverse launched on February 19, 2022, as a community-driven effort to create a gaming and entertainment hub focused on Southeast Asia. It’s not a single game. It’s an ecosystem - think of it like a digital universe where anime-themed games, collectible toys, AI tools, and loyalty rewards all connect through the SKYA token.

The project says it has over 10 million community members and 100 million impressions across social platforms. That sounds big, but numbers like that are hard to verify. What’s clearer is its target: tapping into a region with 420 million internet users who already love anime, mobile games, and collectibles. That’s not a small market.

Its main engine is called the ALICE Platform. This isn’t just a fancy name. It’s designed to bring Real World Assets (RWA) into crypto - like owning a piece of a physical anime figure through blockchain. They’ve even partnered with the Museum of Toys to co-own character IPs. That’s unusual. Most crypto projects stay digital. Sekuya is trying to bridge the gap.

How Does the SKYA Token Work?

SKYA is an ERC-20 token built on Ethereum. That means it runs on the same network as Ethereum, so you can store it in MetaMask or any wallet that supports ERC-20. Total supply is 995,412,026 SKYA, but the project plans to burn half of it - down to 500 million - over time. That’s a deflationary model, meant to increase scarcity.

As of late 2023, about 403 million SKYA were in circulation. That’s roughly 40.5% of the total. The rest is locked up, likely for team, investors, and future ecosystem rewards. That’s normal for early-stage projects. But here’s the catch: the token’s value is all over the place.

CoinMarketCap shows SKYA trading around $0.00186, with a market cap of just $740,000. Coinbase lists it at $0.0057 and a $2.3 million cap. Why the gap? Low liquidity. Few exchanges list SKYA, and trading volume is tiny - under $100,000 per day. That means a few big buys or sells can swing the price wildly.

Price History and Market Reality

SKYA’s price history is a rollercoaster. Coinbase claims it hit an all-time high of $0.0664 on December 16, 2024. But that date is in the future as of November 2025. That’s almost certainly a data error. More reliable sources show its peak was likely around $0.02 in early 2024. From that high, the price has dropped over 90%.

Right now, SKYA trades between $0.0018 and $0.0021, depending on the exchange. Technical analysts on CoinLore see strong resistance at $0.00406 - meaning it’s stuck below that level. The Bollinger Bands suggest it’s hovering near the lower edge of its recent trading range. That’s not a sign of strength.

Short-term indicators show 12 sell signals and zero buy signals across 17 metrics. That’s bearish. Even the long-term forecasts are split. CoinLore predicts SKYA could hit $0.0254 by 2026 - a 1,200% jump. But LBank’s model says it’ll only reach $0.0028. That’s less than a 50% rise. One says it’s a moonshot. The other says it’s barely climbing out of the basement.

A young woman holding a cracked SKYA token as digital and physical worlds dissolve around her.

Who’s Behind It? And Is It Legit?

Sekuya Multiverse isn’t a faceless team. It’s backed by known crypto investors: SingularityDAO, GAINS Associates, New Tribe Capital, and OIG. There are also undisclosed Japanese investors, which makes sense given Japan’s huge anime market. That adds a layer of credibility you don’t see with random pump-and-dump coins.

But backing doesn’t mean success. Look at the numbers. CoinMarketCap says SKYA has 6.78 million holders. The project wants 10 million. That’s progress, but slow. Compare that to Gala (GALA), which has over 2 million daily active users. SKYA’s ecosystem is still mostly theoretical.

There’s no public developer documentation. No clear roadmap with dates. No GitHub repo showing code updates. That’s a red flag. If you’re trying to build a game on top of SKYA, you’re on your own. No tutorials. No SDKs. No API guides. That’s not how real platforms scale.

How Does It Compare to Other GameFi Coins?

The GameFi space is crowded. Immutable X (IMX) has a $1.24 billion market cap. Gala (GALA) sits at $756 million. Theta Network (THETA) is at $624 million. All three have real games, active players, and clear partnerships.

Sekuya Multiverse? Market cap under $1 million. No major game releases. No daily active user data. It’s trying to be a niche player in Southeast Asia, but it’s not even close to catching up. Its only real edge is the anime + RWA angle. If they actually deliver on co-owned physical collectibles, that could be unique. But so far, it’s all promises.

A solitary figure on a figurine island gazing at a burning SKYA token in the twilight sky.

Should You Buy SKYA?

If you’re looking for a safe investment - no. SKYA is high-risk, low-liquidity, and poorly documented. It’s not listed on Binance, Coinbase, or Kraken. You’ll need to use smaller exchanges like LBank or MEXC. That means higher fees, harder access, and more scam risk.

But if you’re a crypto explorer who likes under-the-radar projects with a clear niche? Maybe. You’re betting on two things: 1) Southeast Asia’s gaming market explodes, and 2) Sekuya actually delivers on its RWA and anime partnerships. That’s a long shot.

Don’t invest more than you can afford to lose. And don’t believe the hype. The 1,200% price predictions? Those are fantasy. The real story is in the execution - and right now, there’s very little proof it’s happening.

What’s Next for Sekuya Multiverse?

The roadmap mentions AI apps, international events, merchandising, and gaming podcasts. That’s ambitious. But without timelines, team updates, or product launches, it’s just a wishlist.

The real test will be whether they launch even one working game or physical collectible tied to SKYA. Until then, it’s a token with a cool idea, but no proof it can deliver.

If you’re interested, track their official social channels. Watch for actual product releases - not just price charts. If they drop a playable demo or announce a real partnership with a known anime studio, then maybe it’s worth a second look.

Until then, treat SKYA like a speculative bet - not an investment.

17 Comments

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    Joel Christian

    November 29, 2025 AT 00:29

    skya? more like skye-uh-why-did-i-buy-this lmao

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    Vijay Kumar

    November 29, 2025 AT 13:46

    you think this is a scam? wait till you see how many 'anime collectibles' are just printed plastic with QR codes.

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    priyanka subbaraj

    November 29, 2025 AT 20:22

    10 million community members? more like 8 million bots and 2 million confused anime teens who thought this was a new Naruto game.

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    Michael Labelle

    November 30, 2025 AT 17:12

    There's a real opportunity here if they actually deliver on RWA. But right now? It's all smoke and mirrors. I've seen too many projects promise the moon and never even launch the rocket.

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    Shelley Fischer

    November 30, 2025 AT 22:02

    The absence of a public GitHub repository, developer documentation, or verifiable milestones is not merely an oversight-it is a fundamental failure of transparency in a blockchain project claiming to build infrastructure. Without these, the entire endeavor collapses under the weight of its own ambition.

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    Komal Choudhary

    December 1, 2025 AT 04:11

    why do people keep falling for this? i bought 10k skya last year and now i can barely sell 1k without the price crashing. this isn't investing, it's gambling with extra steps.

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    Wilma Inmenzo

    December 2, 2025 AT 17:41

    Oh, so now the 'Japanese investors' are secretly funding this? Right. And the 'Museum of Toys' partnership? Probably just a guy in Osaka who owns 3 figurines and got a free token airdrop. This is all a front for a wash trading ring.

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    jeff aza

    December 3, 2025 AT 16:50

    Let’s be precise: SKYA’s liquidity is sub-100K/day, its market cap is <1M, and its price discovery is fractured across unregulated exchanges-LBank, MEXC, etc.-which are essentially crypto backrooms. The deflationary model is theoretically sound, but without utility-driven demand, burning supply is just accounting magic. The ALICE Platform? A vaporware abstraction with zero public APIs, SDKs, or dev tooling. It’s not a Web3 ecosystem-it’s a PowerPoint deck with a token attached.

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    George Kakosouris

    December 4, 2025 AT 10:03

    Everyone's acting like this is a new thing. Remember when 'CryptoKitties' was going to change everything? Same energy. Same delusion. Same exit liquidity. SKYA isn't a project-it's a funeral waiting to happen.

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    Tony spart

    December 5, 2025 AT 14:31

    US investors are too soft. Real men don't buy crypto with no Binance listing. If you're not on MEXC, you're not even playing the game. This is why America loses in crypto.

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    Ben Costlee

    December 6, 2025 AT 00:57

    I get why people are skeptical. But if you look at Southeast Asia’s mobile gaming market-it’s growing like crazy. If Sekuya can actually tie a physical figure to a blockchain ID and let someone trade it in a real-world anime expo? That’s not just cool. That’s the future. I’m not saying buy it. I’m saying watch it. Maybe they’ll surprise us.

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    Mark Adelmann

    December 6, 2025 AT 11:45

    My cousin in Manila bought SKYA because he saw a guy in a Pikachu hoodie sell one at a street fair. He thinks it’s like buying a rare Pokémon card but digital. Honestly? That’s the whole market right now.

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    ola frank

    December 6, 2025 AT 20:59

    The philosophical underpinning of RWA in blockchain hinges on ontological certainty: if a physical object is tokenized, does its value derive from its materiality or its cryptographic representation? SKYA’s model attempts to resolve this by anchoring IP rights to blockchain-verified provenance-but without enforceable legal frameworks in Southeast Asia, this remains a theoretical construct with no binding authority.

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    imoleayo adebiyi

    December 8, 2025 AT 16:26

    People in Nigeria are also watching this. We don’t have access to most exchanges, but we hear the whispers. If this ever goes live with real merch, we’ll be first in line. Not for profit-for culture.

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    Angel RYAN

    December 9, 2025 AT 03:47

    Let’s not forget: most crypto projects fail. But the ones that change things? They start quiet. Maybe SKYA is one of them. I’m not betting my rent on it, but I’m keeping an eye out for a demo drop.

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    stephen bullard

    December 10, 2025 AT 20:53

    I used to think hype was the problem. Now I think the problem is that no one’s talking about what happens when the hype dies. What’s left? Is there a real product? Or just a wallet address and a dream?

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    SHIVA SHANKAR PAMUNDALAR

    December 12, 2025 AT 10:04

    It’s not about the coin. It’s about the myth. Humans don’t invest in tokens-they invest in stories. Sekuya is selling a story of a digital anime realm where your collectible isn’t just pixels, but legacy. That’s powerful. Even if it’s fake, it’s still real to the people who believe it.

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