Ripple (XRP) And Ethereum Dwindle While Tradecurve Goes For 50x Presale Growth

Tradecurve (TCRV) has built an all-inclusive trading platform that combines the best practices of centralized and decentralized exchanges. It brings cryptocurrencies, bonds, equities, Forex, and many more assets together on a single user interface.

Spotlight Desk

Updated on: 1 August 2023 12:25 pm

Tradecurve

The crypto market is going through a highly volatile phase, which has caused panic among investors. However, defying all the chaos, volatility, and uncertainty, Tradecurve’s (TCRV ) presale growth rate has gone ballistic. Hence, investors are supporting this project over Ripple (XRP) and Ethereum (ETH). Tradecurve's market value is poised to explode by 50x in the upcoming weeks.

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Ripple (XRP) Falls as US Fed Hints at Rate Hikes

After the US Fed hinted about interest rate hikes in future, whales and institutional investors started to restructure their portfolios, causing stress on Ripple’s (XRP) price movement. The market value of Ripple suffered a sudden drop of 18% after the announcement. Subsequently, the exchange rate of Ripple is down by 5% on the weekly chart.

At the time of writing, Ripple is trading at $0.49. Meanwhile, Ripple has been increasing its footprint in the space of central bank digital currency. Recently, Ripple joined hands with Colombia’s central bank, and the information ministry of the country.

Under this collaboration, Ripple will assist the Colombian government in exploring the use of the blockchain in the country’s electronic payment system.

Ethereum (ETH) Drops in NFT Space

According to a recent report by Artemis, the Ethereum (ETH) network has witnessed growth in the gaming space. The report revealed that the active addresses count of the gaming tokens, which are based on the Ethereum network, has surged in the past week. This has positively impacted the transaction volume on the Ethereum network.

However, the Ethereum network’s performance on the NFT front has not been encouraging. Ethereum’s blue-chip NFT collections like MAYC and BAYC have suffered a significant decline in sales over the last month. The price of Ethereum has also stumbled by 5% during the same period. Currently, Ethereum is changing hands at $1,722.06.

Tradecurve Presale Heats Up for 50x

If we club the market size of these derivatives, the project’s target segment goes beyond $125 trillion. Hence, it has become an instant favorite among whales.

The platform allows users to trade assets at the lowest fees while giving the utmost importance to their privacy. Moreover, users are not asked for any KYC submission. Anyone can trade instantly after opening an account using an email ID. People can also yield additional income by staking their TCRV tokens to the platform’s liquidity pool.

Token holders will receive discounts and exclusive bonuses. Additionally, the platform has implemented a negative balance protection mechanism, and established a Metaverse trading academy. The presale collection of Tradecurve is projected to be around $20 million, which is much higher than the amount raised during the ICOs of Binance and KuCOin.

A TCRV token is currently costing $0.025, after witnessing an increase of 150% from the initial price of $0.01. Its market value is projected to pump by 50x during the presale.