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Secret Price Prediction

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Jan 11, 2023
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6 min read
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This blog post will cover:

  • SCRT statistics
  • Secret Roadmap
  • Crypto community about SCRT
  • SCRT Price Prediction
  • SCRT Price Prediction 2025
  • SCRT Price Prediction 2030
  • SCRT Historical Price Analysis

The Secret Network is a blockchain that brings data privacy to smart contracts by default. The platform opens a permissionless and privacy-preserving way to build and utilize dApps.  The Secret Network significantly contributes to the Web3 deployment protecting its users and securing applications. The platform has its own coin - SCRT, and in this article we’ll tell you about different predictions made about the SCRT price.

SCRT statistics

Here we would like to show you the SCRT crypto statistics from the CoinMarketCap service:

Price prediction at 01.24.2024:
SCRT price: $0.36903136656798413
Market capitalization: $99960639.92782003
Volume (24h): $1628790.66110342
Circulating supply: 270873017.80729514 SCRT
Total supply: 286853832.413577 SCRT

Secret Roadmap

On the official website the team has published the Roadmap that shows the list of launched apps and projects featuring over 20 collaborations with development companies and teams. 

The developers promise to regularly update the current roadmap tracking the evolution of the project and future prospects. Let’s take a look at it:

September 2021: a lot of dApps launched - Stakepool, Duplex, Sienna Swap, NFT marketplace etc. Also, a couple of tools such as STKd and CryptoClerk were implemented.

October 2021: Secret Bazaar dApp, Supernova tool, Shinobi protocol and Secret wallet launched.

November 2021: Secret Lottery dApp, SiennaLend dApp, Data Vault dApp, SecretManufactur dApp. Secret Launch Pad, Secret Terra Bridge, Secret-sdk-python and Blackbox tools.

In development: SecretSwap Price Predictions, Orbem wars, Secretnodes.com V3, Silk&Shade protocol, dSCRT.

According to the development roadmap, the subsequent milestones without definite timeframe are:

  • Enable cosmwasm-based contracts to be deployed on Secret Network testnet.
  • Enable cosmwasm-based contracts to be deployed within Intel SGX enclaves (the TEE that the Secret Network will initially use) on the Secret Network testnet.
  • Enable key-sharing protocol for encryption and decryption of state, as well as encryption and decryption of input/output data between clients and Validators. This is referred to as the compute module, which is specific to the Secret Network.

Crypto community about SCRT

The Secret Network community is quite supportive and has a strong belief in the further success of the project.

Recently the Secret Network announced the collaboration with Quentin Tarantino who released seven special NFTs. Each of them stores unique private content available only to the owner of the NFT.

And of course, the active community couldn’t let that opportunity split - different memes, fan arts, and puns are now continuously emerging.

SCRT Price Prediction

Price prediction at 01.24.2024:
Minimum SCRT price for 2023: $0.0000010000000000000002
Maximum SCRT price for 2023: $1.8281785714285714
Average SCRT price for 2023: $0.19110840706605225

Year-end SCRT price predictions 2023:
Minimum expected: $0.01879967741935484
Maximum expected: $0.0564141935483871
Average expected: $0.03760935483870968

SCRT Price Prediction 2025

As for 11/09/21 according to digitalcoinprice.com the price will go up to max $30 without any price bursts within a year. The most positive prediction meets us on this service that says that the average price will be around $50.

SCRT Price Prediction 2030

As for 11/09/21 we have obscure prospects of the SCRT 2030 price being $87 according to the data from captainaltcoin.com.

SCRT Historical Price Analysis

As of 11/12/2021:

All Time High: $10.64 (Oct 28, 2021)All Time Low: $0.2554 (Nov 03, 2020)

The coin began its journey at the beginning of 2020 and started off at the price $0.0529. On January 13, 2021 it met its first $1 pricetag. It didn't happen for any particular reason yet since then the price was going higher and higher till hitting $4.7 in February. Since then the price has been staying around $3.5 for 3 month when in May it began a slow way down. On July 19 2021 SCRT price hit the bottom of $0.8 and remained the same for 2 month. However, in September 2021 the project rose from the ashes and began to rapidly develop and grow. Many different tools, projects which we've referred to previously, were based and launched on the platform, that’s why SCRT began attracting more attention and thus increasing in price.

On October 28, 2021, due to the crypto-society Ama recap with Secret Network the price hit its all-time high of $10.64. The price then was floating around 9 dollars. 2 weeks later, due to the announcement of the NFT-collaboration with Quentin Tarantino, the SCRT price went up to $9.9.

As it was proven in the analysis above, the Secret (SCRT) price forecasts are rather contradictory. Each day the market faces different kinds of influence and bends it to one side of the dynamics or another. Nevertheless, the SCRT is determined to evolve and develop in the future, without slowing down from the 2021 pace of development. We kindly recommend you always do your own research and hold up to your own opinions before investing in crypto assets.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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