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The crypto market has suffered tremors in recent weeks, and meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have failed to cope with it. A new project, Tradecurve (TCRV), has emerged as the apple of investors' eyes.
A recent report by Glassnode has revealed that the network health of Shiba Inu (SHIB) has weakened in recent weeks. The data indicated that the number of new wallet addresses on the Shiba Inu network dropped by more than 130% in just four days, from June 11 to June 14.
This, according to experts, implies that Shiba Inu has faced challenges in attracting new users. Subsequently, the market value of Shiba Inu has also plummeted in recent weeks. Shiba Inu's price has tanked by more than 14% in the past 30 days.
As a result, Shiba Inu now trades at $0.00000731. As the SEC crackdown rages on, the price experts fear that Shiba Inu can suffer a further fall.
Tech mogul Elon Musk has denied all the allegations made against him by some Dogecoin (DOGE) investors. Musk has clarified that he does not own any Dogecoin wallets. His comments have come after a class-action lawsuit accused him of manipulating the price of Dogecoin, and insider trading.
The lawsuit claimed that Musk sold 1.4 billion Dogecoin worth more than $124 million in a pump-and-dump exercise. Amid these bearish sentiments, Dogecoin's trading price has also suffered a drop. The exchange rate of Dogecoin has crashed by more than 13% in the past 30 days. At the time of writing, Dogecoin changed hands at $0.0631.
The use and significance of crypto exchanges have skyrocketed in recent years. About 60% of crypto owners prefer to keep their digital currencies in exchanges. However, existing crypto exchanges are losing their ground due to several issues, such as high transaction fees and opaqueness.
To address these concerns and make the crypto market more trader-friendly, Tradecurve has launched a revolutionary platform.
It is a Web3 trading exchange that offers users access to a variety of assets, such as cryptocurrency, OTC derivatives, bonds, forex, futures, and more. The platform effectively and efficiently protects its users' privacy and anonymity, by not implementing any KYC procedures.
Contrary to this, existing exchanges like Bitfinex, MEXC, and OKX require users to disclose sensitive information.
During the ongoing fourth stage of TCRV's presale, a token is available for $0.025. Its market value can surge 80x during the presale, and 100x after listing on Uniswap and other leading exchanges.
The platform is also on the verge of making a new presale record by raising over $20 million during its ICO, overtaking the previous records set by Uniswap and Binance.
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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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.
