Keep Network Suddenly Explodes Almost 180% As Crypto Markets Heat Up
An Ethereum-based crypto has quietly pulled off a 180% explosion while Bitcoin flirts with all-time highs. Keep Network (KEEP) started the day at near $0.40, reached a high of $1.14, and is now sitting at $0.91 according to CoinMarketCap.
The Keep Network aims to incentivize a global computer network that stores private information that can be deployed on public blockchains via smart contracts. It allows for the storing of private data called "secrets" outside the blockchain using it what it calls "keeps," or containers of data that can be accessed by smart contracts without being exposed to the public blockchain. Users can buy keeps by putting out a request to the network which then mixes up their secrets and sends portions of them to various keep providers. Keys are then sent back to users who can then access their keeps when needed.
The Keep Network, launched in 2017 by Matt Luongo and Corbin Pon, is up 416% since it's all-time low in November of 2020.
Another Ethereum token on the move is scaling solution Polygon (MATIC), which is currently up 20% on the day at the time of writing. Starting the day at $1.25, MATIC eventually made it up to $1.60 before correcting slightly. MATIC's rally came as news arrived that a Korean crypto exchange has announced support for the crypto, as well as smart contract platform Solana (SOL) and fellow Ethereum token NuCypher (NU). NuCypher printed an even more parabolic move on todays news, exploding from $0.28 up to $3.59 for a 1178% gain, making its yearly chart look rather dramatic.
NuCypher MOON shot. Image via CoinMarketCap
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.