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Thereâs a reason for me to consider HODLâing and DCAâing into $SCRT. Secret Network leads in decentralized confidential computing with the DeCC Alliance â a movement involving 20+ projects dedicated to elevating DeCCâs prominence. The DeCC Alliance aims to educate about Decentralized Confidential Computing, a critical facet of Web3. It distinguishes projects focused on private computations, smart contracts, and AI without exposing user data from traditional privacy-centric coins or chains. The coalition includes Acurast, Aleo, Arcium Automata, Fairblock, Fhenix, iExec, Inco, Integritee, Intmax, Marlin, Mind Network, Oasis, Partisia, Phala, Secret Network, Swisstronik, TEN, Ternoa, and Zama. Their mission is to establish DeCC as the definitive term for advanced confidential computing capabilities. Unlike transactional privacy projects, DeCC enables encrypted smart contracts, confidential on-chain/off-chain computations, and secure blockchain storageâfar exceeding basic token privacy. DeCC as a tech in the Web3 space, streches through all verticals be it AI, L1s, DePIN, RWA, Account Abstraction, BRC20, Data Availability, DAO, etc.
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Top Altcoin Sectors/Narratives to Watch this Bull Run⊠(Continuation) DeCC DeCC refers to Decentralized Confidential Compute. Data confidentiality is a critical factor for DePIN and AI to work properly, and DeCC strengthens dApps that work this way. DeCC is a new narrative thatâs been gaining momentum in the space. Itâs a decentralized autonomous secure computing innovation to support the growth of DePIN and AI. There are a few projects leading the DeCC narrative, with a combined market cap of $1.8 billion. Some notable projects in the DeCC zone are Secret Network (SCRT) with a market cap of $179 million and Phala Network (PHA) with a market cap of $128 million. SocialFi SocialFi is also a hot narrative in this bull run. There are over 60 projects that are making an impact in the SocialFi space with a combined market cap of $7.1 billion. Some notable projects are Galxe (GAL) with a market cap of $492.2 million and Theta Network (THETA) with a market cap of $3.6 billion. DEX DEXes are Decentralized Exchanges. DEX projects are platforms built on blockchain technology that allow users to trade cryptocurrencies directly with one another without the need for a central authority or intermediary. There are over 160 projects in the DEX category with a combined market cap of $29 billion. Some notable projects that are making waves in the DEX narrative are Uniswap (UNI) with a market cap of $10.5 billion, Osmosis (OSMO) with a market cap of $1 billion. ShadeSwap (SHD) has the potential to hit a billion market cap even though it is currently sitting at $23 million, so it is early. With $40M TVL and 24k monthly visitors, Shade Protocol is a suite of open-source applications that provide the best platform for private DeFi in the cosmos. #DEPIN #DeCC #AI #SocialFi #DEX
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Top Altcoin Sectors/Narratives to Watch this Bull Run As Bitcoin hits a new ATH at $73.7k, and Ethereum crosses $4k, the bull run has already kicked off. However, the majority of altcoins are left behind with over 50% to break their ATHs. For me, this is a sign that we are still early on altcoins. Another fascinating fact about this bull run is that there are some profitably interesting narratives or sectors to watch. Iâll be focusing on some of these narratives with examples of projects that are leading in each sector. Artificial Intelligence - AI AI tokens are cryptos that power AI-related projects, such as AI-powered portfolio management, image generation, pathfinding, and more. AI tokens may give their holders governance rights on the platform, or they are needed to pay for transactions on the platform. There are over 140 projects in the AI narrative zone, with a combined market cap of $28.6 billion. Some notable projects that are leading the AI category are Fetch.ai (FET) with a market cap of $2.9 billion, Render (RNDR) with a market cap of $4.6 billion, and Akash Network (AKT) with a market cap of $1.4 billion. DePIN DePIN refers to Decentralized Physical Infrastructure Networks which utilize blockchain and tokenized incentives to build real-world infrastructure across areas like wireless networks, storage, geolocation, transportation, and energy. There are over 70 projects making waves in the DePIN narrative zone, with a combined market cap of over $31 billion. Some notable projects that are leading the DePIN category are Filecoin (FIL) with a $5.8 billion market cap and Arweave (AR) with a $2.6 billion market cap. Peaq Network is another promising DePIN project which is going live on the mainnet, with its ecosystem dubbed to be the hub for DePIN projects to thrive.
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GM, GM What a boost of confidence to wake up and see $SCRT skyrocketing đ Iâve been telling you about this undervalued gem âĄïžđ And, with decentralized confidential computation tech heating up around the @SecretNetwork ecosystem, this is going to be yugeeee đ€Żđ„ #DeCC #DePIN #RWA #TrendingTopic #SCRT
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đ Price of SCRT has increased by 30.83% in the past 7d. đž Price: SCRT, currently at $0.65, has shown an uptrend in the past 7d with a 32.49% increase from 7d low of $0.49. đž Trade Volumes: Increased by 405.7% from the 7-day low to around $304,369.75. The surge in trading volume by 405.7% appears to have a strong correlation with the 32.49% price appreciation of SCRT over the past week, suggesting that the volume increase may have been a significant factor in driving the price movement. đž Capital Flows: Increased from -29,798.80 SCRT in the past 7d to 269,773.00 SCRT, indicating a uptrend. The positive shift in capital flow into SCRT, transitioning from an outflow of 29,798.80 SCRT to an inflow of 269,773.00 SCRT over the past week, appears to correlate with the token's price appreciation of 32.49% from its 7-day low. đž Order Book Depth: The SCRT order book displays a significant depth with a total buy quantity of $32,553.20 outweighing the sell quantity of $3,843.70, suggesting a potential buying pressure that may support the recent uptrend where the price has risen by 32.49% from a 7-day low of $0.49 to the current $0.65. đ Technicals: đž MACD: The MACD's frequent crossovers and current bullish divergence trend suggest a volatile yet upward price momentum, as evidenced by the increasing price trend. đž RSI: The RSI, averaging at 66.47 and maintaining a neutral trend, suggests a cautiously optimistic market sentiment, aligning with the observed increasing price trend, but warrants vigilance for potential overbought conditions or trend reversals. đž OBV: The OBV shows an increasing trend alongside an increasing price trend, which reflects continued buying pressure and a bullish market sentiment, reinforcing the positive price momentum. đž Bollinger Bands: The Bollinger Bands are expanding, signaling heightened market volatility, with the price breaching the upper band five times and not breaching the lower band at all, indicating a strong bullish trend and possible overbought conditions. #TrendingTopic #BTC #SCRT
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