With the bearish sentiment in the crypto market gaining momentum, investors from the Dogecoin (DOGE) and XRP (XRP) community are buying stakes in bullish projects like Tradecurve Markets. Why are they moving to Tradecurve Markets? Let's find out.
Dogecoin (DOGE), the largest meme coin with a market capitalization of over $8.7 billion, continues to trade in the red region. The meme coin continues to rely on celebrity hype and its community to pump its price further.
However, with no use case in sight, investors are now wary of the Dogecoin price and are moving to other projects. As a result, the price of Dogecoin has dropped to the $0.06395 level, from highs of $0.08300 in July.
Technical indicators reveal that Dogecoin's current sentiment is bearish. Moreover, Dogecoin has also recorded 13 green days in the last 30 days with a price volatility of 7.90%.
SBI Remit, a subsidiary of SBI VC Trade, the crypto-focused arm of SBI Japan, wants to revolutionize international remittance services. Specifically, in partnership with Ripple and SBI Ripple Asia, SBI Remit is launching international remittance services using XRP despite the ongoing Ripple lawsuit.
Yoshitaka Kitao, the chairman and CEO of SBI Holdings shared the news on September 6th. According to the official announcement, the XRP coin remittance service is set to commence this month.
Also, it will target bank accounts in Indonesia, Vietnam, and the Philippines. However, the XRP price has remained bearish. As a result of a 5.60% price drop in the weekly timeframe, the price of XRP has dropped to $0.500942.
Unlike Dogecoin and XRP, Tradecurve Markets has been on a price rally. Compared to other tokens, the Tradecurve Markets token offers great utility on the platform. Additionally, Tradecurve Markets token holders can stake their tokens to earn passive income and receive benefits.
Currently, the TCRV token is available for sale at $0.025. Notably, market experts have predicted another substantial price increase of 50x during the presale stage.
Tradecurve Markets is creating a platform that will seamlessly combine the strengths of both centralized and decentralized exchanges.
This platform will enable users to trade a wide range of financial instruments and derivatives all on a single account. Remarkably, the combined valuation of these derivatives exceeds over $125 trillion. Consequently, Tradecurve Markets is strategically positioned to tap into this immense valuation.
Furthermore, the platform anticipates a continuous influx of traders from diverse financial markets. This will fuel the adoption of the TCRV token and subsequently enhance its value. Unlike CEXs like Robinhood and Crypto.com, Tradecurve Markets offers competitive advantages. These include low trading fees and the option for users to trade without the need for KYC verification.
Website: https://Tradecurve Markets.io/
Buy presale: https://app.Tradecurve Markets.io/sign-up
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.