Cryptocurrency is growing and developing the latest startup by offering solutions on blockchain technology, Keep Network cryptocurrency comes to connect blockchain with private data.
It is at 239th on the Coinmarketcap ranking. Currently, keep included one of the cryptocurrencies on the watchlist by 15,035 crypto enthusiasts. The price of the Keep token at the time of writing was $ 0.718. With a market capitalization of 362 million USD, a daily volume of 7 million USD. Token keep has a maximum supply of 1 billion and has been circulating 50% currently at 500 million Keep.
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- 1 Keep network cryptocurrency explained
- 2 How does keep network work?
- 3 Is Keep Network a good investment?
- 4 Where can I buy keep crypto?
- 5 Keep network crypto Reddit
- 6 Keep Network crypto price
- 7 Keep network crypto Whitepaper
- 8 Keep network crypto news
- 9 Final Thought
Keep network cryptocurrency explained
The Keep network is a network that allows users and app developers to keep data private. It’s an off-chain container for private data called KEEP.
The Keep network uses a core App called Keep, Random Beacon. It scrambles to determine participant systems, called signers. It helps store and manages these data containers. Each participant stakes KEEP tokens to act as signatories in exchange for a service fee.
Keep also uses contracts to manage and use portions of stored data without exposing it to the public blockchain.
The first application built on the Keep Network was tBTC, which served as a bridge between Bitcoin and Ethereum. Bitcoin holders deposit their BTC funds into a smart contract and receive tBTC, the Ethereum token of the BTC equivalent.
How does keep network work?
The highlighted feature of the Keep network is that it can store data secretly off the blockchain in a place called Keep. Keeps can interact in secret without exposing their content through the use of smart contracts.
If the criteria are met it can provide data access, encrypted files, or verification of the user’s identity to the application.
To empower the network and support all applications using the native KEEP token. Members who have used KEEP have the right to do work on the platform and get rewards.
This job is concerned with selecting and pulling network storage and reading associated data. To coordinate a distributed key generation protocol called ECDSA the selection is randomized. It then generates a wallet address to issue to the host chain.
Is Keep Network a good investment?
The KEEP network does not seem very popular for cryptocurrency enthusiasts, at first glance it has similarities to the OASIS network which focuses on the confidentiality of data privacy.
If you look at the current KEEP is ranked 241, it is still hard enough to go faster in 2021. The development team had to work even harder to compete with other networks that were already looking more advanced.
The image above is the price history of the KEEP Token taken from Coinmarketcap. The lowest price was in May at $ 0.682, and the nearest support according to the historical weekly timeframe is at $ 0.64.
Even though KEEP still has the opportunity to grow, it still has to fight harder to get the title, as good crypto for investment.
Meanwhile, referring to the Cointobuy.io site, KEEP tokens get a rating of 3.1, this rating is considered to be still below the average value which is considered good.
Where can I buy keep crypto?
Unfortunately, not all exchanges provide KEEP tokens which are the native tokens of the KEEP network. One way that can be done is to buy Bitcoin for example from LocalBitcoin, then transfer the Bitcoin to the account that provides the KEEP altcoin.
A cryptocurrency exchange Kraken that supports a large selection of crypto assets. This exchange also provides KEEP, you can buy it on Kraken.
You have to register first to buy KEEP and the exchange supports several fiat currencies including USD, EUR, GBP, CAD, CHF, and AUD.
Like other exchanges, it requires KYC verification steps and complies with AML. Go to Kraken.
HitBTC is an old exchange that was founded in 2013, on this exchange there are hundreds of cryptocurrencies listed on their platform.
This exchange is a global exchange with several branch offices including in Hong Kong, Malta, London, Rio de Janeiro, Santiago, Beijing, and Singapore.
The market capitalization on this exchange has reached 3 billion USD, you can find KEEP on this exchange. To buy KEEP you have to register and verify your account. Go to HitBTC.
Uniswap is a decentralized exchange (DEX), where one can exchange Ethereum for other cryptos in the liquidity pool.
It is to be understood that a decentralized Exchange (DEX) does not require intermediaries or custodians to facilitate trading.
You can exchange Ethereum for KEEP at Uniswap, but this may not be the least bit easy for beginners, and it is recommended for advanced users.
Keep network crypto Reddit
Reddit is a community forum where it becomes a forum for discussion, finding answers from the community to questions about financial markets, and so on.
The discussion about the KEEP network on the Reddit forum at least provides information on how the community responds to the future of the KEEP network.
If you are interested in the Reddit community to find out more about the Keep network you can ask the community on the Introducing Keep sub forum.
Keep Network crypto price
There is not much price history data that can be displayed on the platform, both on Coinmarketcap, Coingecko, and Tradingview, showing price history from as early as 2021.
From a search on the Tradingview platform, price history starts in November 2020, starting with a price of $ 0.37001, the price then drops to $ 0.18000 as the lowest point of the KEEP price.
After reaching the lowest point, the price then started to climb, until finally, the price jump occurred on January 18, where the price managed to jump at $ 0.7990.
However, the up price was only for a short period of time, which later in the same day the price dropped to the level of $ 0.34181.
The conclusion of the average movement of the KEEP / USD pair in 2021, if you look at the moving average, the tendency is a bullish trend.
The price fluctuation of KEEP/USD is quite volatile, giving traders the opportunity to speculate for short-term profit.
Keep network crypto price prediction
Although the Keep network is still a young platform. The listing on several popular exchanges such as Kraken, HitBTC, MXC, and so on. It can provide a positive response to crypto enthusiasts.
In addition, the current price is still quite cheap. So there is still a possibility that in the next few decades the price will rise much higher. But indeed, in assessing one crypto asset, forecasting sites can differ from one another.
This is natural because the perspective of the perspective may have different approaches. Here several forecasting sites about predicting KEEP price.
Gov Capital KEEP price prediction
Gov Capital is a forecasting website that also predicts future KEEP prices. From the conclusions, we take on the KEEP prediction that Gov Capital predicts a downward trend. It will cause the KEEP price to fall to 0 in 2022, one year from this time. According to Gov Capital, if the current investment is $ 100, a year later the investment value will be $ 0.
Digitalcoinprice KEEP price prediction
It is very different from Gov Capital’s prediction, instead of Digitalcoinprice predicting that the KEEP price tends to increase from year to year.
In brief, the prediction from Digitalcoinprice for the KEEP price from 2021 to 2026 is estimated to gradually increase. After 2026 prices are predicted to fall, before finally being predicted to reach an all-time high in 2028.
Wallet Investor KEEP price prediction
Wallet investors, using the method of calculating price history, price changes, and prediction results are almost the same as Gov Capital, that the KEEP price is predicted to be in a downward trend and increasingly reach its lowest point again. The small difference between Gov Capital and Wallet investors’ prediction is that Gov Capital predicts the KEEP price can reach $ 0, while Wallet Investor predicts the lowest price will reach $ 0.432.
Cryptocurrencypriceprediction KEEP price prediction
This forecasting site can be a reference in deciding on KEEP price predictions.
According to Cryptocurrencypriceprediction, KEEP prices tend to increase from year to year, similar to Digitalcoinprice prediction. Even more, they predict the KEEP price in 2030 could reach $ 67.
Keep network crypto Whitepaper
Whitepapers on the establishment of a cryptocurrency platform are one of the considerations for investors before they invest money. Through the whitepaper, they can try to understand the concept of the cryptocurrency platform.
But unfortunately, the white paper keep network is no longer accessible, which is usually at this address.
The only addresses that provide information are found on GitHub, but it requires special expertise to understand.
Nonetheless, we found information about the tBTC concept which is also used in the KEEP network platform.
tBTC itself is a separate network that allows users to create projects on the Ethereum Defi platform using tBTC backed up with BTC.
To get a more detailed description of the tBTC network, you can study the whitepaper here.
Keep network crypto news
Through Medium, the Keep com network received a Community Fellowship award to the Keeper.
The award relates to the Chronologic tool which enables KEEP stakeholders to avoid auto-liquidation when running nodes on the Keep Network.
Keep users can access via https://keeper.chronologic.network/ to view the demo.
Where to get news access Keep network crypto?
To get updated information about the Keep network you can follow from several sources, of course, the first is from the official Keep network blog.
However, get high-intensity information updates can be found on Medium.com, where almost every day news updates about the development of the Keep network.
Apart from that, information seekers can also visit the Keep network Twitter account.
Apart from that, you can also find news about the keep network at https://www.crowdfundinsider.com with the keep network tag.
This week the KEEP price tends to be in a bearish phase. However, the price is still in the range of $ 0.64, which is the closest support area.
If the price is successful there is a breakout in this area, allowing the price to further decline to reach $ 0.62.
KEEP may still be quite new to listing on the exchange. Maybe at the current price, it is still low. Crypto investors may venture to speculate by keeping KEEP in their wallets for long-term investments.
Even though crypto investment is a risky asset. It could be that in the future KEEP will not have the value predicted by Gov Capital.
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