Why did $SCRT suddenly surge tonight?
From the candlestick chart, I noticed that the sharp rise at 21:00 on June 6, 2025, was quite special. It opened at $0.1721 and instantly touched $0.1725, closing securely at $0.1723. Although the increase was only 0.12%, the speed was striking.
Key indicators reveal insights — the MA7 moving average is firmly pressing above the MA30 at 0.1709, confirming a golden cross and indicating strength. More impressively, the trading volume exploded to 11.26 million, with the short-term average MA5 reaching 93.46 million, clearly showing that large funds are scooping up.
Combining the latest developments, I found the answer: Secret Network just announced deep integration with Ethereum, and the upgraded privacy solution has set the market ablaze.
Institutional funds have suddenly poured into the privacy coin sector, and several big names on Twitter are wildly promoting it, creating momentum. These factors combined have directly put SCRT on the fast track.
Personally, I believe this coin indeed has hardcore value. As a public chain token focused on privacy, it fills a crucial anonymous function in the Ethereum ecosystem and will definitely be in demand in future DeFi trading and NFT rights confirmation scenarios.
However, I remind all fans to stay clear-headed; tonight's sharp rise carries the aroma of speculation, and the crypto market could turn and plummet at any moment. Investment must involve proper position management.
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