The cryptocurrency market has cooled off from last week’s rally that was inspired by interest from institutional investors. Many digital assets, including Dash (DASH) and Avalanche (AVAX) have returned back to the bearish territory.
While cryptocurrencies like Polygon and Avalanche are still struggling amid the short crypto market recovery, new entrants like Tradecurve are looking to capitalize on these setbacks to climb higher on the crypto ladder.
Dash (DASH) Bulls Uncertain Over SEC Classification
Forked from the Bitcoin blockchain, Dash offered a faster, more decentralized way for people to move their money around the world. Dash quickly became one of the biggest cryptocurrencies because it offered a medium for daily transactions. However, several associations with the dark net markets cast Dash in a bad light.
In addition, being used mainly for transactions, Dash (DASH) has struggled to keep up with the fast-growing cryptocurrency industry addressing real-world issues. Failing to compete with newer digital assets with more use cases, Dash has lost the appeal and dominance it once held in the cryptocurrency market.
From a top 10 cryptocurrency, Dash is now ranked as the 90th largest cryptocurrency, with a market cap of $410.2 million. Dash (DASH) is also down by more than 97.7% from its all-time high, leading many investors to move to other more successful digital assets.
Avalanche (AVAX) Trails After Bullish Performance
Like Dash (DASH), there was much hype around the launch of Avalanche (AVAX), a project with high-scaling capabilities and fast confirmation times. In its early days, Avalanche (AVAX) was sold as the Ethereum-killer because the blockchain boasted transaction speeds of up to 4,500 TPS, compared to Ethereum’s 30 TPS.
So far, although Avalanche (AVAX) ranks as one of the leading DeFi chains, the project has failed to live up to the initial hype that accompanied its launch. Avascan data shows that the daily transaction count on the network has reduced from a peak of 4 million last year to 1 million while daily active addresses have dipped to 90k, signaling a loss of interest in the chain. Avalanche is currently trading below the 50-day ($13.78) and 200-day ($15.87) with increased price volatility which acts as major resistance.
The past few weeks have been amazing for the #Tradecurve project and community. 💎
We have over 12,000 users who have signed up for the presale, 4,400 holders, and have raised over $2.7 million. 🔥
For a LIMITED time only, the team is offering a 50% deposit bonus.
👉🧵👇 pic.twitter.com/CCwI4aICZr
— Tradecurve (@Tradecurveapp) June 26, 2023
Investors Turn to Tradecurve (TCRV) Over Bullish Performance
Tradecurve is currently grabbing investors’ attention with its revolutionary hybrid trading platform. It allows users worldwide to trade all derivatives on one account while ensuring complete anonymity. Tradecurve offers advanced trading tools, privacy, and transparency, which has garnered significant interest from the crypto community.
Experts believe that Tradecurve’s extensive range of features, including the ability to trade commodities, stocks, forex, indices, cryptocurrencies, and more, sets it apart from Binance. Consequently, they anticipate the Tradecurve ICO experiencing equal or even greater price movement in the future.
Currently, the TCRV presale is in Stage 4, with each TCRV priced at just 0.018. This represents an 80% increase from the starting price of $0.01. Holding this token brings various benefits, including governance voting rights, passive income through staking, trading account rewards, and more. Experts predict that the price of TCRV may follow a similar trajectory as the Binance ICO, which started at $0.11 and is now trading at $243.
To find more information about Tradecurve and the TCRV token, visit 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
DISCLAIMER: The financial and crypto market information provided on NewsWatchTV.com is intended for informational purposes only and should not be construed as investment advice. Readers are encouraged to conduct their own thorough research and consult with financial experts before making any investment decisions. By choosing to continue reading hereinafter, you acknowledge and expressly undertake/guarantee that NewsWatchTV.com shall be absolved from any and all potential legal action or enforceable claims arising from the information presented.
