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The growth potential of a newly-launched project – Tradecurve (TCRV) – has captured the entire cryptocurrency market. Experts have forecasted that it will rise by 100x in the next six months, and will eclipse market standings of well-established projects like Shiba Inu (SHIB) and Cardano (ADA). Due to its first-mover advantage, the project has generated big waves during its presale. It is nearing a raise of $20 million during its presale.
Market sentiments around Cardano (ADA) have been increasing due to an upcoming feature. Recently, a member of the Cardano community gave a hint about Hydra Pay, the network's prospective decentralized payment service.
Hydra Pay is based on Cardano's Layer-2 solution called Hydra Head, which recently entered the market. Reportedly, the decentralized payment service aims to provide near-instant settlement on the Cardano network. However, analysts have expressed concerns over the declining network activity on Cardano.
The exchange rate of Cardano has also taken a dip of 2% in the past seven days. So, the current trading price of Cardano has come down to $0.29.
Shiba Inu (SHIB) was in the news lately, as it witnessed a significant surge in the number of transactions. The on-chain data suggests that the surge was largely caused by Shiba Inu whales.
As per the latest data from Santiment, the amount of Shiba Inu tokens recently in circulation rallied to a three-week high. However, the increase in transaction count is not reflected in Shiba Inu's price movement.
The price of a Shiba Inu token has plummeted by 2% in the past seven days, and now stands at $0.00000757. This is due to the poor market sentiments around Shiba Inu. Santiment's data showed that weighted sentiment associated with Shiba Inu rested at -0.888.
The fall of the FTX exchange has hurt the crypto trading industry in many aspects. It wiped out about $2 billion from the crypto market, and the collapse of FTX has also made an irrevocable dent in centralized exchanges.
Thus, traders have lost their faith in centralized exchanges, and have started shifting to decentralized trading platforms. Due to this development, Tradecurve (TCRV) has emerged as the leader in the trading industry.
It is a first-of-its-kind exchange that permits the trading of multiple assets, like cryptocurrency, equities, Forex, and more, on a single interface. It has grabbed all the market attention due to its astounding services like deep liquidity, fast order execution, low latency, and leverage trading.
But the most notable is its privacy measures. On this platform, users are not required to fulfill any KYC requirements, which protects the anonymity and privacy of users. Here, traders just need to create a trading account by using their email id.
They can connect their digital wallets to the account, and deposit any cryptocurrency as collateral to place orders. On the contrary, other exchanges like Coinbase and MECX require users to share their sensitive information and documents.
The platform's native crypto is TCRV, which is built on the Ethereum blockchain. Currently, its presale phase is live, with the token costing $0.018. Meanwhile, analysts have forecasted that the project's market value will increase by a minimum of 50X during the presale round.
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.
