Although it still remains a popular crypto, Shiba Inu is falling behind competitors after a series of price declines. Now, an innovative new project that’s already increased in price by 20% during its presale is on track to compete with some of the world’s largest crypto exchanges, outperforming Shiba Inu in the process. Here’s why it could offer better returns than Shiba Inu in 2023.
Shiba Inu Drops 20% In May
Shiba Inu has struggled to capitalize on the recent increase in memecoin transactions. While projects like Pepe have boomed, Shiba Inu has decreased in price by 20.68%, with one Shiba Inu token being priced at $0.000008684 at the time of writing.
This decline has been linked to wider market trends, including a decrease in cryptos market cap. Furthermore, the amount of Shiba Inu tokens being burned has also declined by over 9%, and its latest project, Shibarium, has been delayed multiple times. This combination of negative news has caused a sense of doubt throughout the Shiba Inu ecosystem.
Nonetheless, Shiba Inu developers have announced a new cold wallet which will launch on May 29th. This new wallet is expected to be a big hit among loyal Shiba Inu fans, who have nicknamed themselves the “SHIBARMY.”
Given wider market concerns about the security of many exchanges, this new wallet will also provide Shiba Inu holders with the opportunity to store their holdings risk-free. Although not officially announced, the wallet will also likely be used throughout Shibarium and could play a crucial role in the future of the Shiba Inu ecosystem.
What Altcoin Is Looking To Topple Binance?
With the collapse of the FTX exchange and the threat of regulation looming, many investors are now looking for new ways to buy and trade cryptocurrency. This new project lets investors buy crypto anonymously and offers a number of benefits with its unique hybrid exchange. The project is called Tradecurve and looks to become a top 3 exchange in just a few years.
With Tradecurve, traders can buy a number of crypto assets as well as traditional trading options including stocks, forex, and commodities all from one account. The platform is decentralized, and no KYC requirements are needed to get started. Instead, investors can sign up with an email and trade by connecting an external wallet.
Tradecurve looks to solve many of the issues associated with centralized exchanges, offering leverage of 500:1, high levels of security and full transparency so investors can be confident in the exchange they’re using.
How High Can Tradecurve Go?
Tradecurve is already being compared to the ICO of Binance, which started at $0.11 in 2017. It quickly sold out during phase one of its presale and has sold 25% of its second-stage supply in just a week. Should it continue on its current trajectory, analysts believe that Tradecurve could easily increase 50x during its presale, which has attracted thousands of bullish buyers to the project.
Post launch, analysts anticipate an additional 100x surge, which would allow Tradecurve to compete against some of the world’s largest exchanges. By the end of its presale, Tradecurve aims to raise $20 million and on-board 100,000 clients within the first three months of its launch.
To get involved in one of the market’s most exciting projects, TCRV tokens can be purchased for $0.012 via the official Tradecurve website.
For more information on Tradecurve’s presale, check out the links below:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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