Price Analysis

SCRT Price Prediction

SCRT Price Prediction

SCRT is the native token of Secret Network. Secret network is the first blockchain with privacy-preserving smart contracts.

dApps built on Secret can be completely private and can utilize encrypted data without revealing it to the nodes in the network. Secret Apps: The dApps built this way are powerful, permissionless and privacy-preserving. Such development will definitely affect SCRT price.

SECRET SWAP AMM

Secret’s first AMM called SecretSwap AMM will be launching on Secret Network mainnet on 17th February 2021.  SecretSwap will be a community-led initiative, governed by a new native token on both Ethereum and Secret Network  While the final details of this token are still in flux and any final spec dependent on community feedback, we are excited to share its main properties for the first time. This token will be distributed as a fair launch and have a tight connection with SCRT and Secret Network.  For more details, visit this site.

Free SecretSwap Governance Tokens

If you want to be eligible for the airdrop of free governance tokens of Secret Swap, make sure that you complete one trade or provide liquidity on Secret Swap before the launch of their governance token.

Let us review SCRT price.

SCRT/USD – Price Prediction

scrt

SCRT got rejected from the 1.618 fib at $2.71 and will likely continue down towards the 1 or 0.786 fib at $2.09 and $1.88 respectively. Once these zones have been established as support zones, we may see a move towards $2.71 again. If the resistance at $2.71 breaks, we could see a move towards $3.70, $4.69 and $5.53. Failure to break the resistance could lead to a drop towards $1.72, $1.47, $1.24 and $1.11.

SCRT is currently trading at $2.39 with a market cap of $164,182,717. Its 24 hour trading volume was $6,186,221.

Join us on Telegram to receive free trading signals.

For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

 

Source: altcoinbuzz.io
View original post

Tags
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Close
Back to top button
Close