Finding the next winning cryptocurrency can be a little overwhelming. With 1000's of options to choose from, it's hard to know where to start. That being said, since the cryptocurrency market started to bounce back, Dogecoin and Shiba Inu have been trending, with analysts predicting both to rise in 2023. At the same time, Tradecurve has created excitement amongst investors with its hybrid exchange business model.
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Dogecoin is trending once again following a recent surge in trading activity. On the 15th of May, a total of 650,000 Dogecoin transactions took place, which marks a new market-wide all-time high in terms of total transactions. This rise has been linked to the growing popularity of memecoins following the release of PEPE.
Despite this rise in transactions however, Dogecoin's value has decreased by 0.83% in the past 24 hours. In total, Dogecoin has decreased by 19.14% in a single month, making Dogecoin one of the worst performing cryptocurrencies in the market.
However, recent trading activity suggests that a Dogecoin rally could be on the way. Bullish analysts believe that a rally could take the price of Dogecoin from $0.0721 to $0.09 in the next few weeks.
If Dogecoin manages to recover, the project would be in a strong position to capitalize on the next Bitcoin rally, which some believe will take BTC to $40k.
Shiba Inu is a direct competitor of Dogecoin. Nicknamed the "Dogecoin Killer," Shiba Inu is a deflationary token thats currently in the process of building a new memecoin ecosystem.
Aside from its ShibaSwap, Shiba Inu is also building a layer 2 platform called Shibarium. The development of Shibarium has been mixed so far, with several delays causing the price of Shiba Inu to decline.
Nonetheless, Shiba Inu token holders remain confident that $SHIB token value will bounce back post-release. In the meantime, the current price of Shiba Inu, which is $0.00000882 at the time of writing, is being treated as a discount by bullish investors.
Tradecurve is a new DeFi project that could disrupt the trading exchange market. Tradecurve provides crypto investors with a combination of traditional and decentralized trading options, including forex, CFDs, ETFs, options, and more on a single platform. Each asset will be available on the Tradecurve trading platform, which is fully decentralized to let investors trade anonymously.
Tradecurve operates without the need for invasive and long-winded KYC procedures and instead lets investors trade by simply connecting and disconnecting external DeFi wallets. Fees on the platform have purposely been kept low, and leverage starts at 500:1.
In the first 11 days of its presale, Tradecurve sold over 20 million TCRV tokens, with tokens now selling out fast during stage two of its presale. TCRV tokens will grant holders several benefits on Tradecurve, including trading discounts, staking opportunities, and the ability to upgrade their account to VIP status.
With Tradecurve planning to compete against top exchanges such as Robinhood, Coinbase and Kraken, investors believe the project has huge potential. It's already outperforming the ICO of Binance, and is expected to rise 50x during its presale, with one token currently selling at $0.012.
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.