The upcoming exchange Tradecurve, on the other hand, has performed exceptionally well and has achieved a 20% spike in its value in the previous week.
Cardano Showcases Red-Zone Fall
The Cardano cryptocurrency used to dominate the charts in terms of growth, but with the broader bear market throughout 2023, it has seen a significant decrease in its value. As of June 16, 2023, the Cardano cryptocurrency traded at $0.255116.
Going over the performance of the cryptocurrency, Cardano saw its low point at $0.238477, with its high point of value at $0.316180. On September 2, 2021, Cardano reached its all-time high at $3.09. In the last week, Cardano truly fell into the red zone, with a 19.7% decrease, bringing its total monthly decrease to 30.2%.
Solana Dipps In Value and Worries Investors
Solana also showcased a similar pattern to Cardano and worried investors with its rapid decrease in value. On June 16, 2023, Solana traded at $14.53. According to the weekly performance, Solana saw its low point at $13.81, with its high point of value at $18.84.
In terms of its all-time high, Solana saw a value of $259.96 on November 6, 2021. In the last 30 days, Solana decreased in value by 29.3%, while in the last week alone, it dropped by 23.5%. Investors are now looking elsewhere for high-growth altcoins.
TCRV Token Spikes By 20%
Centralized exchanges are facing issues such as restricting users due to regulatory issues and requiring anyone who signs up for the exchange to complete a KYC procedure.
This leads to a lack of privacy and anonymity. All of this, coupled with the high transaction fees, and crypto exclusivity, investors are extremely limited on most of these platforms.
On a global scale, there are millions of people who are unbanked but still want to participate in trading derivatives.
Tradecurve is an exchange created to enable the unbanked or anyone else globally access to these trading options, as it does not require KYC, has low fees, and enables anyone to make trades just by simply depositing crypto.
The deposited cryptocurrencies are used as collateral, and with them, anyone can trade US and European equity CFDs, Forex, Indices, Commodities, Options, ETFs, and Bonds.
Tradecurve was also designed to make it simple for anyone to access global financial markets, and offers negative balance protection, a VIP account system, algorithmic trading with AI, and a dedicated trading academy.
TCRV recently spiked in value by 20% when it made a move from Stage 3 of its presale to Stage 4. During this next stage, TCRV trades at $0.018, and analysts predict that the token can spike by 100x when it gets listed on Tier-1 exchanges and on the Uniswap DEX at launch.
For more information about the Tradecurve presale:
Click Here To Buy TCRV Presale Tokens
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