What is Secret Crypto? Is Privacy Narrative Next as SCRT Price Skyrockets +124%
What is Secret Crypto? Discover the hottest trending privacy coin as SCRT price pumps out of a major consolidation – is privacy meta here?
Crypto is pumping, and this is not about to stop anytime from now. As Bitcoin aims for the moon, altcoins have not been left behind.
Among the many, Secret Network is lifting off, printing a “god” candle, looking at the price action in the daily chart.
Secret Network (SCRT) Prints A “god” Candle: Is $10 Next?
The uptick means Secret Crypto (SCRT)
Price
Trading volume in 24h
Last 7d price movement
is among the top performers in Binance.
$SCRT is sitting on top of the Binance Gainers table.
You love to see it ⚡️🚀🔥🤯 pic.twitter.com/EypiQMTBZu
— emlanis ⚡️ (@emlanis_) November 17, 2024
It is a massive confidence boost for the coin after the slide of the better part of H1 2024.
By early November, SCRT, the Secret Network’s utility token, was wallowing at $0.16 and at risk of posting even more losses.
Then Donald Trump won, and Bitcoin, Ethereum, and Solana began pumping.
The surge of these blue-chip assets injected momentum into SCRT, lifting prices to September highs of around $0.24 before yesterday’s leg up.
The Question Is: Will SCRT Price Break $1?
With SCRT changing hands at $0.36, the token is up 124% from November lows.
Technically, the bullish breakout and the “god” candle of November 17 could signal the start of the rally.
(SCRTUSDT)
In March, SCRT prices recovered, hitting $0.88 before plunging to $0.16.
The bounce from yesterday means bulls can rightfully target $0.88 as the immediate target while targeting $10, or January 2022 highs.
If this happens within the next few months, it will represent a 2,900% gain from spot levels.
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Secret Crypto Explodes: Is The Privacy Narrative Back?
Will fundamentals provide the much-needed fuel?
Secret Network is privacy-focused, offering a transactional and smart contracts platform.
Unlike Bitcoin or Litecoin, the Secret Network ensures sensitive data remains confidential, guaranteeing programmable privacy.
This feature allows developers to build dApps with baked-in privacy.
With SCRT shaking off weakness, is the crypto privacy narrative next? Is the coin preparing for a 29X rally?
Pepe Unchained Raises $35 Million: Better Than SCRT Crypto?
Amid this, eyes are on Pepe Unchained, a platform building a layer-2 solution for Ethereum dedicated to meme coins.
Pepe Unchained has been making waves in recent weeks, raising over $35 million in the ongoing presale.
At this pace, many analysts expect PEPU, the utility token priming Pepe Unchained, to eventually command a $100 million market cap.
Presently, PEPU is trading for just $0.012891, a massive discount.
The $100 million target is not over-ambitious.
Pepe is celebrating 35M today!
With just under 26 days left in the presale don't miss out on your chance to get in on the ground floor! 🐸💚🔥 pic.twitter.com/6eTaUVUZSs
— Pepe Unchained (@pepe_unchained) November 17, 2024
Pepe Unchained blends the meme culture with blockchain by offering a platform that enables cheap transactions and a scalable environment for developers.
After launch, the layer-2, dubbed Pepe Chain, will be interoperable with Ethereum by default but be 100X cheaper and faster.
Besides the “Frens with Benefits” grant program for developers and a convenient DEX, a Pump Pad, similar to Solana’s Pump.fun, offers a tool for anyone to create their meme coins.
However, unlike the dozens of meme coins launching across the blockchain scene, Pump Pad will have anti-rug pull features, securing the interest of investors.
The Pepe Unchained presale is ongoing, but once PEPU launches, analysts on YouTube expect the token to rally 10X–or more, especially if the current bull run continues.
Those who want to accumulate PEPU can do so by being part of the presale and staking their haul.
As of November 18, the staking yield stood at 77% APY, the best in the market.
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