The cryptocurrency market witnessed a significant level of volatility, and a variety of different cryptocurrencies experienced substantial price movements. We will be looking into the price analysis of two cryptocurrencies, Apecoin and Tradecurve, to see how they have performed recently. TCRV has seen a surge in value that provided solid ROI for a lot of investors, while APE went on a downtrend. Join us as we dive deeper.
ApeCoin Experiences a Downtrend
The ApeCoin team held Special Counsel and Special Council Candidates, an event in which the community got to hear more about the vision for the future of the ApeCoin ecosystem. The network’s Snapshot governance also saw a lot of activity, with numerous proposals becoming Active within the past few weeks aimed at improving the network.
However, this did not contribute to any major spike in the value of ApeCoin. As of July 3, 2023, ApeCoin traded at $2.21. During the past week, ApeCoin saw its low point at $2.15, with its high point at $2.44. During the past 30 days, ApeCoin saw a decrease in value of 29.4%, while in the last seven days, it saw a decrease of 10%. With this in mind, it is clear that many investors are now seeking altcoins to diversify with.
Tradecurve Provides Traders With Advantageous Features
Tradecurve is an upcoming hybrid exchange that combines the best elements of CEXs and DEXs to provide true borderless access to derivatives and cryptocurrency trading. Users can get access to high leverage starting at 500:1, algorithmic trading where algorithms and AI are utilized, a VIP account service, negative balance protection, and a dedicated Trading academy, all of which can provide them with an unfair advantage and allow traders to maximize their profits.
TCRV and Its Current Momentum
The TCRV utility token is used for governance, staking, and getting discounts on subscription fees. As of July 5, 2023. TCRV trades at just $0.018. Since the beginning of the presale, the cryptocurrency has been up in value by a total of 80%. At the next stage, a spike to $0.025 is expected to occur, resulting in an anticipated 40% climb. The team has raised $2.8 million out of the expected $20 million and reached a 12,500-user milestone even before launch.
The Future of The Tracecurve Hybrid Exchange
Tradecurve is a promising platform that will compete with Binance to provide the most value for investors and traders. It is the only platform that allows users to deposit crypto and use it as collateral to trade derivatives and introduces privacy protection through DeFi capabilities. The team will also implement a dedicated Trading Application for iOS and Android and will list TCRV on Tier-1 exchanges and Uniswap, which analysts predict can lead to a surge in value by 100x.
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