Since the start of 2023 Polkadot has experienced a number of price increases. Starting at just $4.31, Polkadot increased to $7.44 in February before decreasing to around $5.50 following general market corrections. While its value has dropped further as a result of new SEC regulations and two new lawsuits, investors and analysts believe that Polkadot could quickly bounce back given the growth of its community and ecosystem.
Tradecurve is also on the rise and recently hit a new all-time high during its presale. Since this win, Tradecurve is showing no signs of slowing down. Its latest presale stage is already 60% sold out and is on track to sell out before mid-June.
Is Polkadot Undervalued?
Despite being one of the fastest growing ecosystems in the DeFi space, Polkadot’s price is yet to replicate its growing influence on the market. In the past month, Polkadot has decreased in value by 5.40%, with a 4.68% decrease in the last five days.
This recent decrease was caused by new SEC lawsuits against Binance and Coinbase, which triggered a market-wide decline. Nonetheless, Polkadot’s ecosystem continues to grow. New projects are being released every month, and Polkadot is rapidly evolving in the NFT space, gaining market share as investors begin to get fed up with high Ethereum fees.
Polkadot-based projects like Astar, Basilisk, and Efinity are now driving up the demand for Polkadot tokens, with daily trading volume consistently rising to over $100 million.
At the time of writing, Polkadot was trading at $5.04, the same price it was just 24 hours prior. It’s one of the first projects to stabilize following the recent SEC announcement, showing that investors remain confident in Polkadot’s future. As a result, Polkadot could be on the verge of a breakout in 2023.
Tradecurve Sells Over 43 Million Tokens During Stage 3 Presale
Over the last month Tradecurve has become one of DeFi’s best performers. Although it’s still in its presale, experts are extremely excited about Tradecurve’s potential.
Tradecurve is a hybrid cryptocurrency exchange with several advantages over traditional exchanges. Firstly, it’s fully decentralized and doesn’t require any KYC checks to use. Furthermore, Tradecurve is compatible with most decentralized wallets making it extremely easy for investors to get involved.
As a hybrid exchange, Tradecurve will let investors buy traditional asset classes such as commodities, forex, and stocks using crypto as collateral. This unique application could help to bridge the gap between traditional and cryptocurrency investors, with all assets being available from a single account.
A metaverse trading academy will be available as part of the Tradecurve ecosystem. This academy will help investors understand the basics of trading and trading strategies. In addition to its academy, Tradecurve has created AI and copy trading subscriptions for investors with more trading experience.
Tradecurve is selling out fast during its latest presale stage, with over 43 million TCRV tokens already sold. Tokens are currently selling at $0.015, though they are predicted to rise 50x before the end of the presale.
For more information about $TCRV presale tokens:
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