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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
As we enter the month of June, the cryptocurrency market continues to captivate investors with its volatility and potential for growth. Today, we will forecast three prominent cryptocurrencies: Litecoin, XRP, and Tradecurve. While market conditions can change rapidly, this analysis aims to offer insights into the potential trajectory of these digital assets in the coming month.
Litecoin, often called the Lite version of Bitcoin, has established itself as one of the oldest and most popular cryptocurrencies. Bulls have noted the network's halving in two months and a significant spike in activity in May as reasons why Litecoin has started the month with a rally, climbing 9% over the last 30 days.
Since the beginning of April, Litecoin's network activity has increased significantly. According to data from IntoTheBlock, it has been growing all year. There are already close to 8.5M Litecoin addresses that have a balance.
At the moment, Litecoin is trading hands at $96.68 with a market cap of $7B, which is a rise of 1.77% in the last 24 hours. Experts predict that Litecoin could soon surpass $100 once more as Litecoin may trade between $95 and the $99 level during June.
XRP, the native token of the Ripple network, has faced regulatory challenges but continues to maintain a strong presence in the cryptocurrency market. A massive influx of 700 million XRPs, or an astounding $357 million, has just been reported by Whale Alert into Ripple accounts.
As part of its plan to create a more stable supply of the token, Ripple has been methodically releasing XRP from its escrow accounts. Initially, these accounts controlled 55% of the 99.9 billion XRP tokens in circulation, but due to the progressive unlocking process, that ratio has now dropped to 41.9%. Out of the one billion XRPs initially distributed from Ripple's escrow accounts, 300 million tokens remain in circulation due to a significant unlock that took place on June 1.
XRP has a value of $0.5236 with a market cap of $27.2B, jumping by 1.58% in the past day alone. Price predictions have been bullish for the token as analysts forecast a rise to $0.60 by the end of June.
Tradecurve (TCRV) to see a 50x increase
Tradecurve will be a borderless, privacy-focused hybrid trading platform currently in its presale phase. As per a Bank for International Settlements report, there was $632T worth of outstanding over-the-counter (OTC) derivatives at the end of June 2022. As this booming market rises, If Tradecurve taps into just 1% of it will generate millions.
Tradecurve stands out due to its decentralization, which is novel among platforms providing a wide range of tradable goods. Traders may use their cryptocurrency holdings as collateral while trading in various assets, including commodities, equities, forex, and other cryptocurrencies. Due to the lack of KYC requirements, users benefit from total privacy, allowing traders to do business without disclosing personal information.
Users simply need a working email address to create an account and get started. Once completed, customers may link their wallets, deposit using their selected cryptocurrency, and start trading and enjoying the many unique Tradecurve features.
These features include a high leverage starting at 500:1, copy trading where users may subscribe to veteran traders and replicate trades they have done, a VIP account service, and more. The TCRV native token will be the key pillar for these features and can now be bought for just $0.015. However, as this Stage 3 presale keeps advancing, experts predict a 50x increase, while a listing on a significant CEX after its launch may cause a 100x rally.
By the end of June, TCRV may jump to $0.018 as buyers now purchase this presale token and obtain governance voting rights, staking rewards, and discounts on trading fees. If interested, follow the links below and enjoy a 25% deposit bonus.
