2021-10-12 18:02 |
In this guide, we will voice our own and market’s opinion on SCRT future while discussing Secret price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Secret.
Now, let’s head into it. Before we delve deep into the Secret price prediction and answer questions if SCRT is a good investment or not, why will SCRT succeed or fail or why will Secret price rise or drop, let’s quickly throw a glance at what is SCRT and its to date history.
What is Secret Network?Secret Network is an independent, base-layer blockchain network built using the Cosmos SDK. It supports smart contract development and introduces data privacy by default for these contracts, enabling developers to build decentralized applications that also protect user data and preserve privacy.
This means that all the inputs and outputs of the smart contracts are fully encrypted. Transactions made in secret smart contracts cannot be seen even by the nodes running the Secret Network blockchain.
The protocol implements “programmable privacy,” which is defined as arbitrarily complex data privacy controls within an application. Secret Network calls these privacy-preserving applications Secret Apps. The project believes that users and organizations need granular control over their data for blockchain technology to reach global adoption.
What is SCRT Token?Several large venture capital firms have acquired a stake in SCRT, the native token of Secret Network, a layer 1 blockchain featuring privacy-preserving smart contracts. The position, amounting to $11.5 million, was led by Arrington Capital and Blocktower Capital and included Spartan Group and Skynet Trading.
Secret Network’s native SCRT coin is not a privacy coin. All transactions made in SCRT are publicly visible just like those of Bitcoin or Ethereum.
Secret tokens on the Secret Network can be crafted using the SNIP-20 standard. As you may have guessed, this token standard is like Ethereum’s ERC-20 token standard, except that all Secret tokens have their privacy preserved by default (balances and transactions).
SCRT Price Prediction For The Next 90 DaysThe whole crypto market is currently on the verge of a real bull run.
There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.
Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run.
As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.
Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.
CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.
Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will SCRT develop in the short-term (for the next 90 days), according to our prediction model:
Next 30 days
Next 60 days
Next 90 days
2021-10-13
$ 5.76
2021-10-14
$ 5.83
2021-10-15
$ 5.82
2021-10-16
$ 5.65
2021-10-17
$ 6.06
2021-10-18
$ 5.79
2021-10-19
$ 5.91
2021-10-20
$ 6.29
2021-10-21
$ 5.80
2021-10-22
$ 6.23
2021-10-23
$ 5.91
2021-10-24
$ 6.04
2021-10-25
$ 6.52
2021-10-26
$ 6.32
2021-10-27
$ 6.37
2021-10-28
$ 6.41
2021-10-29
$ 6.49
2021-10-30
$ 6.26
2021-10-31
$ 6.53
2021-11-01
$ 6.31
2021-11-02
$ 6.82
2021-11-03
$ 6.85
2021-11-04
$ 6.86
2021-11-05
$ 6.62
2021-11-06
$ 6.47
2021-11-07
$ 7.11
2021-11-08
$ 6.92
2021-11-09
$ 6.70
2021-11-10
$ 6.93
2021-11-11
$ 6.89
2021-11-12
$ 6.77
2021-11-13
$ 7.25
2021-11-14
$ 7.44
2021-11-15
$ 7.28
2021-11-16
$ 7.35
2021-11-17
$ 7.49
2021-11-18
$ 6.97
2021-11-19
$ 7.08
2021-11-20
$ 7.35
2021-11-21
$ 7.03
2021-11-22
$ 7.44
2021-11-23
$ 7.22
2021-11-24
$ 7.19
2021-11-25
$ 7.47
2021-11-26
$ 7.28
2021-11-27
$ 7.82
2021-11-28
$ 7.88
2021-11-29
$ 7.67
2021-11-30
$ 7.81
2021-12-01
$ 8.09
2021-12-02
$ 7.68
2021-12-03
$ 7.82
2021-12-04
$ 7.89
2021-12-05
$ 7.75
2021-12-06
$ 8.23
2021-12-07
$ 7.75
2021-12-08
$ 8.01
2021-12-09
$ 8.28
2021-12-10
$ 8.06
2021-12-11
$ 8.14
2021-12-12
$ 7.90
2021-12-13
$ 8.14
2021-12-14
$ 8.08
2021-12-15
$ 8.07
2021-12-16
$ 8.79
2021-12-17
$ 8.50
2021-12-18
$ 9.02
2021-12-19
$ 8.40
2021-12-20
$ 8.87
2021-12-21
$ 8.96
2021-12-22
$ 8.94
2021-12-23
$ 8.98
2021-12-24
$ 9.23
2021-12-25
$ 8.62
2021-12-26
$ 9.26
2021-12-27
$ 9.33
2021-12-28
$ 8.68
2021-12-29
$ 9.16
2021-12-30
$ 9.36
2021-12-31
$ 8.94
2022-01-01
$ 8.97
2022-01-02
$ 8.90
2022-01-03
$ 9.64
2022-01-04
$ 9.63
2022-01-05
$ 9.28
2022-01-06
$ 9.73
2022-01-07
$ 9.10
2022-01-08
$ 9.24
2022-01-09
$ 9.68
2022-01-10
$ 9.23
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