Stealth (XST) – The effect of the April 1 surge is yet to sway away from the market, even though there was a slight break, Bitcoin (BTC) is yet to slope down beyond the $5,000 support level. Bitcoin continues to maintain high dominance in the market with 52.3% share as the total Market capitalization of the ecosystem move close to $177 billion.
However, as hodlers of Bitcoin and some other altcoins eye an expected bull run in coming days, the lovers of an anonymous coin rarely known in the market – Stealth (XST) looks to be at their victory period as the altcoin witness a tremendous and incredible upsurge in the market.
According reliable market data (Coinmarketcap), Stealth trades with a point value of $4.5 against US dollar at the time of writing, after witnessing 3,681.27% added value in the last 24 hours. After rising by 3,650.74% within the same period, a unit of Stealth (XST) is valued 0.00086150 BTC against BTC.
Since the creation of Stealth in 2014, the highest value it has attained is $1.58, and that was in January 2018 when the value of most coins rocketed in the market.
After being priced below $1 since the start of the day, the price of the altcoin spiked towards the end of the European trading session today to be valued $4.5 as at press time.
A Little about Stealth (XST)
Stealth (XST) is among the few digital currencies tackling the security issues in crypto holding and trading. Developed by James, Stealth is a cryptocurrency project offering anonymous transactions using the TOR network.
With the aim of becoming a major privacy coin in the cryptocurrency space, Stealth focuses on protecting the identity of users while also guarding the asset from snooping.
The digital asset was forked from Novacoin and launched into the crypto space in July, 2014. The developer of Stealth is from USA, and has been verified with a government-backed identity card by a third party Proof of Developer certification.
Unlike other digital assets, Stealth was innovated to bring completely secured and anonymous transactions into the cryptocurrency world.
Of the whole supply, just 1% (23,274 XST) was pre-mined before launch. The blockchain project at first was a Proof-of-Work coin, after 20 million XST were mined, it moved to a Proof-of-Stake mechanism for environmental and energy sustainability