Tag: Secret

‘Secret’ Crypto Asset Far Outperforms Bitcoin and Ethereum, Surpassing $1,000,000,000 Market Cap With Massive 7-Day Rally

by Dailyhodl

An altcoin project focused squarely on secrecy just shot into the top 100 crypto assets by market cap.

The cryptocurrency called Secret (SCRT) is up 97% in the last seven days according to CoinGecko, jumping from about $4.50 to its current price of $8.87 at time of publishing.

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SCRT’s rapid rise far outpaces Bitcoin (BTC) and Ethereum (ETH) in the same time frame, which have risen about 1% and 11% respectively.

Source: CoinGecko

The altcoin’s market cap has exploded to $1,310,576,878 at time of writing.

Secret, formerly known as Enigma, initially aimed to bring privacy features to smart contract platforms like Ethereum.

The platform’s mission has since morphed, and Secret is now a delegated proof-of-stake blockchain designed to support a new ecosystem of decentralized apps (DApps) that protect users’ privacy.

The platform utilizes the Cosmos SDK and Tendermint consensus protocol, and users can lock up the native governance token SCRT to help secure the network and earn rewards.

To date, Secret says there are now 13 decentralized apps running on the network.

“Secret Apps are made from powerful, privacy-preserving smart contracts (i.e. secret contracts). Leveraging the computational privacy of Trusted Execution Environments (TEEs) and secret contracts, users have privacy by default when interacting with Secret Apps – unlocking the full value of decentralized applications.”

Secret switched from Enigma (ENG) to SCRT late last year, with the cryptocurrency exchange Binance being the first large exchange to support the new crypto asset.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Liu zishan

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Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

by Dailyhodl

Four emerging altcoins are on a tear after surging 101% or more within one week as Bitcoin (BTC) and the crypto markets ignite.

One of the high-flying coins as of late is meme cryptocurrency and Dogecoin (DOGE) competitor Shiba Inu (SHIB).

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The altcoin skyrocketed from a low of $0.000006 to a high of $0.00002, marking gains of over 233% in just seven days.

Even after a big rally, SHIB has yet to reclaim its all-time high of $0.000037.

Another top-performing altcoin this week is Spell Token (SPELL), the governance and utility asset of decentralized finance protocol Abracadabra Money.

The crypto asset soared from a seven-day low of $0.0032 to a new all-time high of $0.0089 at time of writing, according to CoinGecko. The move represents gains of over 178% in just one week.

Next up is Secret (SCRT), the native asset of privacy-focused smart contract platform Secret Network. CoinGecko shows that SCRT rallied over 125% from a seven-day low of $1.81 to a high of $4.11.

The coin has given up some of its gains since and is trading at $3.48 at time of writing.

The fourth altcoin on the up and up is OMG Network (OMG), a layer-2 scaling solution for Ethereum (ETH). The emerging altcoin rose from a low of $8.95 to a high of $17.88 to mark gains of 101% in just one week.

Although OMG has more than doubled its value in a week, it is still down from its all-time high of $25.62 in January of 2018. OMG is currently trading at $14.81, according to CoinGecko.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/iurii/Andy Chipus

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This is the year of the Citadel Citadel One will lead the charge with a framework of how to create a parallel society — wherever you live It’s time to descend to the basements and living rooms, private estates and hidden businesses, to conduct life in secret without restriction

by Parabolictrav
This is the year of the Citadel

Citadel One will lead the charge with a framework of how to create a parallel society — wherever you live

It’s time to descend to the basements and living rooms, private estates and hidden businesses, to conduct life in secret without restriction

Source

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Bitcoin (BTC) $ 26,232.03 0.52%
Ethereum (ETH) $ 1,588.98 1.13%
Litecoin (LTC) $ 64.27 0.08%
Bitcoin Cash (BCH) $ 213.24 2.97%