After a judge ruled in favor of Ripple in its ongoing case, VeChain (VET) and Compound (COMP) soared. Nevertheless, more analysts are intrigued by Tradecurve‘s stellar presale performance. Today, we will analyze all market trends concerning these coins while also exploring how long the bullish momentum might last.
- VeChain price prediction
- Compound on an upward trajectory
- Tradecurve to fundamentally alter the online trading market
Why Is VeChain (VET) So Low?
The blockchain platform called VeChain (VET) improves corporate operations and supply chain management. It has gained recognition for its partnerships with prominent companies and its ability to provide transparency and traceability to various industries.
The VeChain price seeks stability after experiencing fluctuations in the past week. The TVL on VeChain currently sits at $1.14M, a 96% decrease from its peak of $35M. This bearish development has also impacted the VeChain coin, as its value dropped by 1.18% overnight.
Meanwhile, the VeChain price sits at $0.0195 with a market cap of $1.4B. Despite this, market analysts are bullish about VeChain. The project’s focus on real-world use cases and partnerships positions it for potential growth in the long term, according to them. They foresee a rise to $0.026 by December 2023 for VeChain.
Compound (COMP): Riding the DeFi Wave
Compound (COMP) is a decentralized finance platform that enables users to lend and borrow cryptocurrencies. It has gained traction due to its approach to lending and ability to provide interest rates based on market supply. Compound’s robust ecosystem and increasing adoption in the DeFi space have contributed to its bullish momentum.
After recently breaking through $78, the Compound coin is creating a new bullish trend. The Compound coin price currently sits at $73.03 with a market cap of $566M. The growing interest in DeFi protocols and the overall expansion of the DeFi sector has contributed to this rise.
With its moving averages and technical indicators in the green, many experts have made bullish Compound coin price predictions. They foresee a rise to $102.81 for COMP by the end of 2023.
🚀 Incredible news! 🚀
The TradeCurve App presale just got even better!
Now, you can get a massive 30% Bonus on your $TCRV token purchase! 💰
💥 Act fast and take advantage of this amazing opportunity!
— Tradecurve (@Tradecurveapp) July 22, 2023
Tradecurve (TCRV): Providing Early Buyers With Tremendous ROI
While VeChain and Compound are still competing, Tradecurve (TCRV) has also been making waves with its ongoing presale. Tradecurve has raised over $3M, onboarded 14,000 users, and provided early investors with an 80% ROI. As a result, many view Tradecurve as a rising presale star and the token that may show the most growth.
To separate itself from competitors like Coinbase, Tradecurve has created a trading platform with a hybrid infrastructure model. Consequently, the greatest aspects of CEX and DEX are combined in this architecture model. This development brings access to all derivatives on a single account, fast order execution, and self-custody through its DeFi capabilities.
Above all, Tradecurve introduces a private trading environment where users remain anonymous and do not fear identity theft. By eliminating all KYC checks during signup, it achieves this. Create an account using an email, connect it to a crypto wallet, make a deposit, and every feature becomes available. Be it copy trading or high leverage starting at 500:1.
Behind all these features will lie the TCRV utility token, which now has a value of $0.025. But this is a Stage 4 presale price. Thus, it will not be available when Stage 5 begins next week, as a rise to $0.025 will occur. Experts have also pointed out that TCRV has ties to the forex market (valued at $753.2B in 2022) as they predict a 100x price jump after a Tier-1 CEX listing.
For more information about the Tradecurve presale:
Buy presale: https://app.tradecurve.io/sign-up
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.