Blockchain privatization and security are at the heart of the concerns of crypto investors today. As recent events like the Colonial pipeline hack showed us, blockchain transactions are fairly easily traceable if someone is willing to take the time to dig. These events shock those who thought DeFi was inherently private. This is not the case, but there are a number of blockchain solutions like Keep the network (CCC:KEEP-USD) that seek to help privatize on-chain data. And with KEEP knocking Coinbase (NASDAQ:PIECE OF MONEY) this week, investors want to hear what Keep Network’s price predictions have to say about the future of these tokens.
Keep Network was created as a privacy solution for tBTC, Where Bitcoin (CCC:BTC-USD) to Ethereum (CCC:ETH-USD). The network allows users to hide private data in “data” or off-chain data containers. These containers therefore make it a transaction recorded in the public blockchain, but the private data remains private.
For tBTC, users keep their Bitcoin data keys in dungeons while being able to record transactions in the Ethereum blockchain. Of course, the Keep network is not limited to tBTC; the network works with any public blockchain.
Keep now benefits from a registration on Coinbase Pro. Next to Shiba inu (CCC:SHIB-USD) and Chiliz (CCC:CHZ-USD), Coinbase brings the KEEP token to its platform. Users can now move their existing KEEP tokens to their Coinbase Pro holdings. Crypto trading will launch on Thursday.
Maintain network price forecasts: KEEP seems volatile
KEEP may be landing on a very popular exchange, but that doesn’t seem like enough to convince some analysts of its potential. It looks like some believe KEEP may return to its all-time high, but others believe the token will crash in the near future.
Let’s take a look at some price predictions from the Keep Network:
- DigitalCoinPrice believes KEEP can approach the $ 1 mark by the end of the year. Their forecast for 2021 puts KEEP at 94 cents.
- PortfolioInvestor believes the Keep Network token will skyrocket, falling to 15 cents by June 2022.
- Cryptocurrency Price Prediction is very bullish on KEEP. The outlet fixes the value of the token at $ 3.37 before the end of the year.
- Government capital thinks KEEP will drop to $ 0 in a year.
At the date of publication, Brenden Rearick did not hold (directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to the publication guidelines of InvestorPlace.com.