Home News Stand Why Is Tradecurve Becoming Famous? Bitcoin and Filecoin Lose Their Charm

Why Is Tradecurve Becoming Famous? Bitcoin and Filecoin Lose Their Charm

The crypto market is full of unpredictability and volatility. Hence, the presale of Tradecurve (TCRV) has garnered massive fanfare in the crypto world. The project is expected to surpass the growth numbers of several cryptocurrencies, including Bitcoin (BTC) and Filecoin (FIL), due to its unique market viability. 

>>Register For The Tradecurve Presale<<

Bitcoin’s (BTC) Liquidity Problem Worsens

As the market is going through an extremely tumultuous phase due to the ongoing SEC-Binance saga, Bitcoin (BTC) has tried to keep its momentum going. However, bears seem to be in a controlling position as Bitcoin has been unable to gain pace to move beyond the $27,400 resistance for a long period. 

The market value of Bitcoin has tumbled by more than 2% in the last week. Currently, Bitcoin is trading on exchanges at $26,507. According to market data, Bitcoin’s liquidity on Binance.US has also worsened after the SEC lawsuit. 

As per Kaiko, Bitcoin’s bid-ask spread on Binance.US has plunged. Due to these events, investors are not enthusiastic about investing in Bitcoin.

Filecoin (FIL) Falls Despite New Partnership

Protocol Labs, the entity behind Filecoin, has explained that FIL is not a security. The company’s clarification has come a couple of weeks after the SEC described Filecoin (FIL) token as a security. Cumulatively, 2023 is turning out to be a difficult time for Filecoin, which has cut 21% of its staff this year. 

Although Filecoin has launched new products, and signed new partnerships lately, its market standing is far from stable. Recently, Filecoin has partnered with a16z crypto to support an accelerator program. 

However, these attempts have failed to prevent Filecoin from falling, as FIL’s value has plummeted by 11% in the past 30 days. Consequently, Filecoin is currently changing hands at $4.07.

>>Register For The Tradecurve Presale<<

Tradecurve Roars With 50x Presale Growth

A report by CoinGecko has revealed that the recent quarterly growth rate of decentralized exchanges (33%) has been almost double that of centralized exchanges (17%). This indicates that people are getting discontented with centralized exchanges due to high transaction fees, lack of privacy, and regulatory concerns.

The ongoing fiasco related to Binance and Coinbase has further caused an erosion in traders’ trust in crypto exchanges. But experts believe that Tradecurve can reignite bullish flare among traders. 

It is a comprehensive trading exchange that allows the trading of multiple derivatives on a single platform. Its users do not need to undergo any KYC procedure, making the platform more privacy-focused than other exchanges like Huobi and Robinhood App.

On Tradecurve, traders can connect their digital wallets to the platform, and use any cryptocurrency as a deposit to start trading. Its native TCRV tokens have been built on the Ethereum blockchain, and labeled as 100% secure by Cyber Scope, which has fully audited its smart contract. 

The platform’s ecosystem consists of Social Trading, Automated Trading and AI, and Metaverse Trading Academy.

The platform’s presale is live, and is currently in stage 5 at a price of $0.025. Experts believe that its value will boost by a minimum of 80x during the presale phase. 

For more information about the Tradecurve (TCRV) presale:

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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