Analysts covering SecureCoin (SRC) look at the -5.57% decline on May 18-19

May 19, 2018 - By Adrian Mccoy

SecureCoin (SRC) had a bad 24 hours as the cryptocurrency declined $-0.0015652637 or -5.57% trading at $0.0265271006. According to International Cryptocoin Experts, SecureCoin (SRC) eyes $0.02917981066 target on the road to $0.0423047883012358. SRC last traded at Cryptopia exchange. It had high of $0.0283395112 and low of $0.0264447183 for May 18-19. The open was $0.0280923643.

SecureCoin (SRC) is down -15.00% in the last 30 days from $0.03121 per coin. Its down -64.75% in the last 100 days since when traded at $0.07525 and the annual trend is up. 200 days ago SRC traded at $0.004903. SecureCoin maximum coins available are 21.00M. SRC uses Scrypt algorithm and PoW proof type. It was started on 28/08/2013.

SecureCoin is a fast and secure cryptographic digital currency based on Bitcoin. The specifications have been carefully chosen to maintain Bitcoins economic model of deflation. A single hashing algorithm poses a security risk because if it is compromised, the whole network is forever compromised. Multiple hashing algorithms enhance the security of the network by not only mitigating this, but also by adding an additional layer of complexity for any attacker to penetrate.

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