Secure Token Plus, or STPT, is one of the new cryptocurrencies that has just been launched recently. As with any cryptocurrency, one of the most important aspects is the initial price at which it is launched.

STPT was launched at a price of $0.001 in October 2018, during its initial coin offering (ICO). The ICO was aimed at raising funds for the development and promotion of the cryptocurrency. According to the company, 30% of the funds raised would be allocated to marketing and advertising to increase the visibility and adoption of STPT.

After the ICO, the price of STPT experienced a gradual increase, despite some fluctuations along the way. By December 2018, the price had risen to around $0.013. Plans were also made to list STPT on several cryptocurrency exchanges, which would further increase its exposure and liquidity.

As of August 2021, the price of STPT has continued to rise. At the time of writing, STPT is trading at approximately $0.061, with a market capitalization of over $300 million. This makes it one of the top 200 cryptocurrencies in the market, in terms of market capitalization.

The rise in the price of STPT can be attributed to various factors. One of the most significant factors is the increased adoption of the cryptocurrency in various industries and sectors. STPT is designed to be a utility token, which means it can be used to access various services and products within the ecosystem of its blockchain.

Another factor is the growing interest in cryptocurrencies from institutional investors and large corporations. As more companies and organizations explore the potential of blockchain technology, there is a greater demand for utility tokens like STPT. This, in turn, drives up the price of the cryptocurrency.

In conclusion, the initial price of STPT was $0.001 during its ICO in October 2018. The price has since increased significantly and is currently trading at approximately $0.061. The rise in price can be attributed to increased adoption and demand for the cryptocurrency from various industries and institutional investors.

If you want to keep track of STPT and other cryptocurrencies in real-time, download the CoinMarketCap app today. The app provides the latest news and updates on various cryptocurrencies, as well as real-time price tracking and analysis. Stay informed and ahead of the game with CoinMarketCap.