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The most recent Dogecoin (DOGE) developments are not looking good for the price, with the token unable to surpass the $0.085 mark from late April. As a result, analysts predict that Tradecurve (TCRV), a new decentralized trading platform currently in its presale, will overtake Dogecoin (DOGE), offering investors a borderless platform where they can trade multiple asset classes in a genuinely anonymous way.
Dogecoin (DOGE) continues to make headlines, but not because of explosive Elon Musk tweets. Instead, the recent downward performance indicates that the Twitter CEO has forgotten about his favourite crypto, as Dogecoin (DOGE) finds itself in limbo.
Namely, Dogecoin (DOGE) miners have recently cashed out, dumping $45.69 million worth of Dogecoin (DOGE). This might seem insignificant compared to the Dogecoin (DOGE) market cap, which is currently over $10 billion. However, the $45.69 million dumped tokens represent 5% of the miners' reserve, leading analysts to categorize the dumping rate as above average.
Additionally, experts say this recent dump could increase the pressure on the coin, which has been trading sideways since the beginning of 2023, experiencing more decreases than increases.
The Dogecoin (DOGE) token is currently trading at $0.072, making a 0.81% decrease in the last 24 hours. Additionally, the Dogecoin (DOGE) trading volume decreased by 15.15% since yesterday.
Moreover, experts caution that if Dogecoin (DOGE) continues its downward trend, the price could drop to the $0.062 level.
As Dogecoin (DOGE) struggles to overcome its recent slump, a new token, TCRV, gains investors' attention with its bright future and unprecedented DeFi utility.
TCRV is the native token of Tradecurve, a new decentralized trading platform that aims to remove the barriers to entry by enabling global access to various financial instruments. Namely, via Tradecurve, users will be able to use their crypto balances as collateral and trade forex, commodities, ETFs, CFDs, options, stocks, bonds, and crypto all from one account.
And by bringing traditional finance to the DeFi world, Tradecurve strives to enable as many users as possible to trade at lower fees, all while remaining completely anonymous, as it does not require traders to complete invasive KYC procedures. Instead, all you need to trade via Tradecurve is to open an account (by providing a valid email address and nothing more), connect your wallet, and deposit crypto.
Additionally, users will receive many other benefits from Tradecurve, including a high leverage of 500:1, AI algorithmic trading, exclusive deposit and level-up bonuses and perks, and access to copy trading (where users can pay a fee to traders with a good success rate to copy their trades).
Of course, all of this new info may seem intimidating to new traders. Well, there is no need to worry about that! Tradecurve plans to launch its own metaverse trading academy, where newbies can take courses, learn trading techniques, and talk with experts to improve their skills.
Tradecurve is currently in Stage 2 of its presale, with TCRV tokens trading at $0.012. Having sold 20 million tokens already, experts predict that the TCRV price will rise 50x before its presale ends, growing another 100x once it lists on tier-1 CEXs and Uniswap.
Tradecurve's goal is to become a top three global trading platform, surpassing established players like OKB, Robinhood, and Huobi. And, given that the Binance BNB ICO began at $0.11 in 2017, with BNB now trading at $310, the TCRV growth potential is enormous.
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
