The cryptocurrency market has recently experienced a notable shift as the selling pressure of digital assets has increased. This has led to the price of Stacks (STX) free falling, resulting in a huge decrease that left many investors interested in diversifying their holdings. However, not all was lost, as the hype surrounding Tradecurve (TCRV) has surged following its 80% price increase, with another increase of 40% this week.
Stacks (STX) Price Freefalls
Rockett recently listed the Stacks cryptocurrency, where any user can trade BTC< ETH and more to STX with a 1-click interface. This will provide a lot more people with access to the Stacks cryptocurrency.
This update did not prevent its price from falling, and as of June 30, 2023, the Stacks cryptocurrency traded at $0.704273. During the past week, the cryptocurrency had its low point at $0.669154, with its high point at $0.828232. Within the past seven days, the total decrease of stacks was by 9%.
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β Tradecurve (@Tradecurveapp) June 29, 2023
Tradecurve (TCRV) Hype Surges After 80% Price Increase
While Stacks fell in value, the TCRV token saw a surge of 80% since its launch, and at the Stage 4 presale now trades at $0.018, with a 50% deposit bonus until July 3, 2023.
At the start of its presale, TCRV traded at just $0.01, indicating that it has experienced a massive level of growth, but it won’t stop growing, as an expected surge of 40% will occur when it reaches Stage 5. Given the fact that the presale is now 50% complete, it’s likely that this surge will occur throughout July of 2023.
Can TCRV Reach 100x in Value?
Tradecurve promises a blend of unique features found in CEXs and DEXs, as FIAT payments will not be required, and where cryptocurrency is used as collateral instead.
The exchange will implement Proof of Reserves (PoR) to bolster transparency and will enable users access to multiple markets aside from cryptocurrencies, including forex, US and European equity CFDs, indices, commodities, options, ETFs, and bonds.
By enabling truly borderless, anonymous, and self-custodial access to different markets, Tradecurve appeals to investors on a global scale, as anyone can access it without any restrictions. With its 50% bonus on any deposit made until July 3, 2023, and its future listing on Uniswap and Tier-1 exchanges, TCRV is predicted to climb in value by 100X by analysts.
The Future of TCRV and The Tradecurve Hybrid Exchange
Tradecurve solves many issues seen across CEXs like Binance, Kraken, and Coinbase by removing KYC, having the lowest fees in the industry, and implementing PoR.
As it does not store any user data, there is a much lesser risk of personal information leaking, and the team has already raised $2.8 million out of the expected $20 million, indicating that interest is high.
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