Altcoins We Are Excited About: An Introduction to DarkNote
On Friday, the developers of the former altcoin duckNote announced they had rebranded their coin, which is now going to be known as darkNote. [Editor’s note: We will still use the term “duckNote” where historically relevant.] DarkNote is a fork of Bytecoin, the first implementation of CryptoNote, and its developers have hung their hats on the coin’s anonymity features, its ASIC resistance and its distribution model. It has since gotten an upgrade. “The sender can produce only the public part of the key, whereas only the receiver can compute the private part; hence the receiver is the only....
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In a recent announcement, duckNote revealed plans to reinvent and re-brand itself as "DarkNote," a name that more closely aligns with its privacy-based mission. Upon news of the change, the duckNote price rose by nearly 50%, vaulting the coin up the market cap charts. CCN examines this altcoin price increase and the announcement which sparked it. DuckNote Reinvented as DarkNote. DuckNote has re-branded itself as "DarkNote." On September 19, duckNote announced a complete overhaul of their coin. The Bytecoin fork, which offers anonymous transactions via ring signatures, will henceforth be....
DarkNote Price Key Highlights. DarkNote price continued to move higher as anticipated in yesterday's technical analysis post. A bullish outside bar candle was formed on the hourly chart, which played well for our target of 0.00000090BTC. It's time to book profits and wait for a correction to look to a possible buy entry. DarkNote price reached 0.00000090BTC as our highlightedbullish outside bar candle pattern played well. Buy Dips? The DarkNote price moved higher and completed our bullish outside bar candle pattern to trade near 0.00000090BTC. The price did not completely test....
DarkNote Price Key Highlights. DarkNote price tested a buy zone, which we highlighted in yesterday's technical analysis. The price is struggling to hold ground as sellers remained in control, creating a risk of a break below 0.00000078BTC. The price has moved below the 100 hourly simple moving average, which is warning sign in the short term. DarkNote price looks like at a risk of more losses, but as long as it is above the broken trend line there is a hope. Risk of More Downsides? The DarkNote price continued to move down after testing a major swing area of 0.00000090BTC and completing a....
DarkNote Price Key Highlights. DarkNote price started a correction phase as anticipated in yesterday's technical analysis. The price is heading towards a major support area at 0.00000078BTC where buyers might appear. Our view of taking profits and to wait for a correction to enter a trade played well. DarkNote price might head further lower from the current levels, but might find support near 0.00000090BTC. Buy Dips? The DarkNote price moved after completing a bullish outside bar candle pattern started a correction phase. We highlighted yesterday that it's better to book profits near....
DarkNote Price Key Highlights. DarkNote price continued to trade lower and broke the last low of 0.000000792BTC. The price tested 0.00000075BTC, which was our final target of the sell trade, as highlighted in yesterday's post. A pullback is possible as sellers look exhausted and 0.00000075BTC represents a major support area. DarkNote price continued to decline, traded close to the final sell target and might correct higher moving ahead. Recovery likely? The DarkNote price traded further lower intraday, and moved towards our final sell target of 0.00000075BTC. The price even moved below the....