Recently, $SCRT has been hit by continuous negative news, and the situation is extremely difficult.
First, Binance officially announced that it would officially delist SCRT on September 3. This news immediately brought tremendous selling pressure to the market. And to make matters worse, at such a sensitive time, the v1.26 upgrade of SCRT unexpectedly caused the token supply to surge by 75%. In the short term, the circulating supply expanded significantly, further intensifying the market’s sell-off pressure.
What’s even more worth paying attention to is that going forward, the development and maintenance of the project now need to be handled by the community itself, which further increases uncertainty.
At present, the price of $SCRT is $0.01635. The 24-hour trading volume is $7.55 million, and the market cap is approximately $5.96 million. With multiple negative factors stacking up, near-term price pressure remains very high.
Do you still hold $SCRT ? How do you view this supply surge and the delisting event?
#Secret #SCRT
First, Binance officially announced that it would officially delist SCRT on September 3. This news immediately brought tremendous selling pressure to the market. And to make matters worse, at such a sensitive time, the v1.26 upgrade of SCRT unexpectedly caused the token supply to surge by 75%. In the short term, the circulating supply expanded significantly, further intensifying the market’s sell-off pressure.
What’s even more worth paying attention to is that going forward, the development and maintenance of the project now need to be handled by the community itself, which further increases uncertainty.
At present, the price of $SCRT is $0.01635. The 24-hour trading volume is $7.55 million, and the market cap is approximately $5.96 million. With multiple negative factors stacking up, near-term price pressure remains very high.
Do you still hold $SCRT ? How do you view this supply surge and the delisting event?
#Secret #SCRT