Privacy Coins + Politics

    Q10. Do major news events result in more people swapping to SCRT? Look at the volume of swaps to SCRT over the past three months. Do periods of high volume swaps into SCRT line up with major international news events? Or is there a pattern in SCRT swap volume?

    Introduction

    Secret Token (SCRT) is the native coin of Secret Network. It is similar to Monero (XMR), Dash (DASH) and other privacy coins in that the recipient, balance and transaction amount can be encrypted. The programmable privacy provided by Secret Network ensures anonymity and confidentiality. It supports smart contract development and introduces data privacy by default for these contracts, enabling developers to build decentralized applications that also protect user data and preserve privacy.

    This dashboard will be analyzing the popularity of SRCT over the past 3 months. Furthermore, we will try to find any patterns or important events which have impacted the volume of SCRT.

    SCRT Volume

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    This chart shows several important dates, the most important being the 12th of May, 2022. As far as I can tell, nothing of important significance happened on that day. There was still news of the war in Ukraine and rising interest rates (in the United States). It does appear that a common pattern would be the buy volume of SCRT increasing at the beginning and the end of every month.