SKYAI Token
Summary
SKYAI is a BNB Smart Chain BEP-20 token marketed as an AI data infrastructure protocol using the Model Context Protocol (MCP). The token experienced a roughly 4,100% price surge from late April through early May 2026, driven in part by a Bitget exchange listing, before collapsing approximately 79% from its all-time high of ~$0.85. On-chain investigators ZachXBT and SpecterAnalyst have alleged SKYAI belongs to a recurring supply-control manipulation playbook — attributed to an unknown market maker operating through Chinese exchanges — that has also been observed in RIVER, RAVE, SIREN, MYX, and LAB tokens, with HSBG (Heisenberg Guru) separately identified as a Hong Kong entity potentially connected to this broader network. The project team has not made its identity public.
Connected Entities
1 entities · 10 linked investigations- + 8 more
Timeline(13 events)
2025-04-01
Approximately 800 million SKYAI tokens (80% of total supply) transferred to a wallet labeled 'airdrop distribution.' Analysts alleged the majority of recipient addresses were freshly created wallets with no prior on-chain history.
Cryip.co — $LAB Token Faces Manipulation Allegations (references SKYAI history)2025-04-22
HTX (formerly Huobi) opens SKYAI/USDT trading at 10:00 UTC. On the same date, approximately 3,911 BNB was alleged to have been withdrawn from Bitget and OKX and funneled to newly created wallets used to purchase SKYAI.
HTX official support notice; The Merkle2025-05-15
Approximately 6.5% of total SKYAI supply withdrawn from HTX, Gate.io, and Bitget — alleged to be a coordinated distribution event.
The Merkle — SkyAI's Explosive 20x Surge2026-03-01
Alleged wallet consolidation phase: funds from the April 2025 airdrop recipient wallets consolidated into a small number of primary addresses, in advance of coordinated exchange deposits.
Cryip.co — $LAB Token Faces Manipulation Allegations2026-04-30
Bitget lists SKYAI/USDT for spot trading. On the same day, 36 newly created wallets deposit approximately 25% of total SKYAI supply (~$135 million) into Gate.io in transactions made minutes apart, all funded from a single source — flagged by Bubblemaps as coordinated manipulation.
The Merkle — SkyAI's Explosive 20x Surge; Bitget listing announcement2026-05-03
SKYAI team announces 'final testing' for the SKYAI MCP Hub. Evening Traders group flags SKYAI among tokens with potential supply-control risks alongside GENIUS, DEXE, and others.
Bankless Times — Traders Flag Supply Control Risk; Coinpedia price analysis2026-05-04
SKYAI reaches approximately $0.758, recording 263% weekly gains and an approximately 4,100% one-year return. Market cap approaches $726 million.
Phemex Academy — What Is SkyAI (SKYAI) and Why It Just Surged 106%2026-05-06
SKYAI reaches its all-time high of approximately $0.85–$0.86, pushing fully diluted valuation toward $860 million.
CoinGecko SKYAI price page2026-05-13
SKYAI surges 52% intraday. On-chain observers begin reporting large outflows from Gate.io, Bitget, and MEXC cold wallets into hot wallets, followed by PancakeSwap sells — alleged distribution phase.
CryptoTimes — SKYAI Price Surges 52% in 24 Hours2026-05-14
ZachXBT alleges 95% insider control of the LAB token and explicitly identifies SKYAI as part of the same 'unknown MM operating via Chinese exchanges' playbook previously observed in RIVER, RAVE, SIREN, MYX, and SKYAI.
The Block — ZachXBT alleges 95% insider control of LAB token2026-05-18
ZachXBT names RAVE, RIVER, SIREN, and LAB as victims of Bitget-enabled market maker fraud and accuses Bitget founder Shawn Liu of serving as a behind-the-scenes enabler.
Bitcoin.com News — ZachXBT Names RAVE, RIVER, SIREN, and LAB2026-05-19
ZachXBT posts $10,000 personal bounty for credible intelligence on Heisenberg Guru (HSBG), a Hong Kong market maker whose operators he names as 'Sion' and 'Chao,' linked to the RIVER manipulation and the broader network.
CryptoTimes — ZachXBT Puts $10K Reward on Heisenberg Guru in $RIVER Case2026-05-31
SKYAI trades at approximately $0.177, down approximately 79% from its all-time high of $0.85 on May 6, 2026. Market cap approximately $176 million.
CoinGecko SKYAI price pageDecision Log
- hash: 4U8EPHVbssstXL5ArPWBcxm4eesfTjDD2KRESWhH12jj
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/31/2026, 7:35:58 AM
last updated: 5/31/2026, 1:59:22 PM
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