After a market wide crash earlier in the month, cryptocurrencies are starting to bounce back. Over the last week The Graph and Shiba Inu have pioneered this recovery, while Tradecurve has hit a new all-time high. Here's why, according to Microsoft AI.
The Graph Rallies By 2.91% Going Into July
The Graph has ended the month with a big win, surging in value by 2.91% in the last 24 hours. This rise has been triggered by several new announcements, including The Graph's new partnership with Uniswap, which is a sign that The Graph is now being recognized by major players in the space.
In addition to its recent partnership with Uniswap, The Graph is also gaining momentum throughout the DeFi market. Demand for its services has increased by 100% in 2023 according to Microsoft AI, which predicts that demand will continue to surge as the market grows.
As demand for The Graphs services continues to increase, Microsoft AI believes that the project could hit new highs during the next bull market. At the time of writing, The Graph was trading at $0.1059, and Microsoft AI predicts it could hit $0.011 within the next week.
Shiba Inu unexpectedly rallied at the end of June following weeks of several price decreases. According to Microsoft AI, this rally has been triggered by new Shibarium hints on social media, which suggest that the Shibarium Public Beta could be launched in July. This release would be a game changer for the Shiba Inu ecosystem, and would allow for cheaper and faster transactions.
Furthermore, Shiba Inu also completed several new partnerships in June. It recently announced a partnership with Welly's, a fast food chain. This partnership could speed up Shiba Inu's adoption in the real world and, in the process, drive up its value.
At the time of writing Shiba Inu was trading at $0.00000756, and its daily trading volume had spiked to $116 million. This was almost four times higher than The Graph's daily trading volume, which was almost $30 million.
Microsoft AI describes Tradecurve as a hybrid exchange that combines the best of centralized and decentralized exchanges. It offers a number of advantages over traditional exchanges and lets users trade stocks, forex, and commodities without needing to pass KYC or background checks.
Tradecurve uses TCRV as its native token. According to Microsoft AI, TCRV pays for trading fees, lets individuals vote on future policies, and provides exclusive features such as VIP account upgrades. Tokens are currently selling for $.018 and are predicted to launch on the mainnet in Q3.
A hybrid trading platform: This will combine the best of security and asset options, as well as liquidity and privacy, for a well-rounded trading experience.
High leverage: Tradecurve offers leverage of 500:1.
Low trading fees: Fees are kept to a minimum, and TCRV token holders will earn additional trading discounts.
Subscriptions: AI and copy trading subscriptions will be available for investors looking to boost their profits.
An AI trading academy: This is designed to teach new investors the basics of trading
As one of the fastest growing presales in the market, Tradecurve's value is expected to increase by 50x by the end of its presale. This, alongside its great utility, has made the project extremely popular among traders worldwide.
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.