Gate News Bot news, August 6th, according to CoinMarketCap data, as of the time of writing, SKATE (Skate) is currently priced at $0.05, with a rise of 13.82% in the last 24 hours, reaching a high of $0.07 and a low of $0.04. The current market capitalization is approximately $11.4 million, with an increase of $1.39 million compared to yesterday. Skate is a platform focused on cross-virtual machine (VM) interaction, allowing users to interact with applications from any VM on their preferred VM. Skate is committed to building the future of cross-VM interaction, connecting all VMs, including EVM, TVM, SVM, and more. The platform supports running and using the same applications across all chains, providing a unified interface and experience. Skate is backed by leading institutions in the industry, including Nomad Capit

Gate News bot message, according to the official announcement from Gate on June 9, 2025: Gate will launch Skate(SKATE) token staking and mining activities on Launchpool. The event will be held from 20:00 on June 9, 2025 to 20:00(UTC+8) on June 14, 2025, with a total mining amount of 300,000 SKATE. Skate is a multi-virtual machine infrastructure project that allows decentralized applications to run on multiple blockchains ( including EVM and other virtual machines ). Its core product, Skate AMM, enables multi-VM, single liquidity curves across all chains. The system will issue token rewards to users' spot accounts every hour according to the proportion of users' pledged assets, and the rewards will be 100% unlocked. Gate Labs states that it is not involved in Skate(SKATE) investment.