Secret is a blockchain that enables private and secure smart contracts, known as secret contracts. It can use encrypted data without revealing it. Also, It uses a layer of encryption and key management within a Trusted Execution Environment (TEE) to protect data privacy.
It is based on Cosmos and supports various use cases that require data privacy, such as private voting, credit scoring, and digital content management. It aims to create a privacy-first decentralized application ecosystem.
Secret crypto price slid 8.79% in the past 24 hours and currently hovers at $0.4134. The price has experienced a sharp selling near the $0.5 level and has fallen by 13.08% in the past two sessions.
Moreover, the trend analysis illustrates a positive outlook above the key EMAs of 50-day and 200-day. The EMAs may act as a dynamic support and the price may surge higher after retesting it.
The volume analysis shows that the trading volume increased by 16.51% and reached $5.93 Million in the past 24 hours. The SCRT crypto ranks 309th among the top cryptos with a live market cap of $123.560 Million. The volume-to-market cap ratio is 5.07% indicating low volatility.
Secret Price Prediction 2023
The price prediction of SCRT crypto showcases a neutral to bearish outlook in the short term. The most optimistic estimate of the analysts expects the price to reach a high of $0.5028, indicating an upside potential of over 21.91%. The pessimistic outlook of the analysts hopes the price may drop to $0.3229.
Secret Price Prediction 2024
As per the analysts, the most optimistic target that the Secret crypto price may achieve is $0.9036; indicating an upside potential of 116.38% from the CMP. The minimum analyst price target is $0.6099 by the end of 2024.
Secret Price Prediction 2025
Over the next three years, the optimistic view of analysts expects that the SCRT price may reach a high of $1.576. The price may reach $1.2742 according to the average forecast of analysts. The minimum forecasted price by the end of 2025 is $1.0349.
Secret Price Prediction 2026
The Secret cryptocurrency price may reach a high of $2.0364 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $1.5218 by 2026.
Secret Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts for Secret Crypto estimates a price target of $2.861. The minimum price target that SCRT may achieve by 2027 is $2.0247.
Secret Price Prediction 2028
The analysts are optimistic about Secret (SCRT) and predict that the price could go up to $4.2120 in the next five years. However, the pessimist analysts expect the price to reach a high of $3.0339.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
Source: https://www.thecoinrepublic.com/2023/12/19/secret-price-analysis-can-scrt-crypto-conquer-ath-before-2028/