Secret, the most transparently private cryptocurrency, is not immune to the trend of privacy coins rallying. SCRT, its token, trades at $4.92 and has a daily trading volume of $62.5 millions. It currently ranks at number 87.
If you are looking for more information about Secret and if SCRT can make you money, this guide will help you.
The top places to purchase SCRT now
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What is SCRT?
SCRT is the token for Secret, a privacy-oriented cryptocurrency built on Cosmos. Secret Contracts are the smart contracts of Secret. These allow DApps to access private data in much the same way as smart contracts on other blockchains.
Secret Contracts allow encrypted inputs to be converted into encrypted outputs. Without exposing any data, This is possible due to the encryption of contract states during execution.
Combining key management and encryption protocols within a Trusted Execution Environment, (TEE) ensures data privacy.
Secret Contracts are able to compete in privacy-related use case cases that traditional blockchains find difficult to accommodate.
Private voting or credit scoring applications are possible because they don’t reveal sensitive user data on-chain.
Do I need to buy SCRT now?
SCRT is definitely worth considering if you have the right timing. This is not always possible to predict. Your risk tolerance should be considered when making investment decisions. Don’t take any price predictions at face value.
SCRT price prediction
Cryptonewsz is bullish for the coin. They anticipate a median price of less than $12 by 2023. $11 is the lowest price it can go. The ATH can drop to $11.
They expect $15.8 to be the early price and $16.23 as the average price for the entire year in 2024. Another ATH might be reached in 2024, with the token being valued at $18.9. SCRT’s minimum price is $15.
SCRT on social media
Target 5,40-50$5 50 pic.twitter.com/nKRk22FLZo
— Han (@HanCryptojunk) March 9, 2022