There are many cryptocurrencies in the market, but not all of them are worthy of investment. In recent times, Huobi Token (HT), The Sandbox (SAND), and Tradecurve have been in the limelight.
This article will analyze these three cryptocurrencies in detail. We will also try to understand why bulls are calling Tradecurve their favorite asset.
>>Register For The Tradecurve Presale<<
Huobi Token (HT) Burns More Than 1.9 Million Tokens In Q2
Huobi Token (HT) recently revealed its burn rate for Q2 2023, and it was quite high. According to Huobi Token’s announcement, the exchange burned more than 1.9 million HT during the second quarter.
The burning of 1,950,555 HT was part of Huobi Token’s commitment to reducing the circulating supply of its native crypto, and boosting its value. However, this massive burn rate has not been able to increase the market value of Huobi Token (HT).
The exchange rate of Huobi Token (HT) has taken a dip of around 30% in the past 90 days. Subsequently, the current trading price of Huobi Token (HT) has fallen to $2.77. This has made Huobi Token (HT) holders worried as it has lost more than 93% of its value from the peak of $39.66.
The Sandbox’s (SAND) New Addresses Increase But Transaction Count Falls
Although the Metaverse and GameFi sectors are declining, The Sandbox (SAND) has grown. The latest data from Santiment has revealed an increase in the wallet addresses created on The Sandbox (SAND).
Reportedly, only 328 new wallet addresses were created on The Sandbox (SAND) on June 26. However, The Sandbox (SAND) recorded 746 new addresses on July 12, which is a significant increase of 130%. Subsequently, the price of The Sandbox (SAND) has also seen a jump of 15% in the past month.
At press time, The Sandbox (SAND) is available to trade at $0.45. However, experts have raised concerns over the declining transaction count on The Sandbox (SAND) for the past many weeks. This can easily break the bullish momentum of the metaverse.
Tradecurve Ascends as Huobi Token (HT) Struggles and The Sandbox (SAND) Sees Mixed Trends: A Nexus of Investment Opportunities
In the contrasting tides of Huobi Token’s (HT) plummeting price and The Sandbox’s (SAND) fluctuating market presence, Tradecurve emerges as a stable and promising platform, becoming a sought-after investment avenue.
Harnessing the benefits of blockchain technology, Tradecurve has created a new trading exchange to disrupt the industry. It allows users to trade several asset classes, like stocks, cryptocurrencies, Forex, and commodities, from a single account. Since this cross-chain exchange covers multiple assets, its target market size can soar to over $112 trillion.
Trading on this platform is extremely easy. You just need to open a trading account using your email id. Here, traders are allowed to deposit any cryptocurrency of their liking as collateral. However, its USP is the commitment to protecting traders’ privacy. It has not incorporated any KYC procedure on the platform. Thus, its acceptance has surpassed that of existing exchanges like Binance and Kraken.
This novel platform boasts 2FA security options and institutional-level liquidity. It will also offer discounts on trading fees to its token holders. TCRV is the native crypto of the platform. Holders can utilize their tokens to receive discounts on deploying AI trading bots. Additionally, they can stake their TCRV tokens to earn a passive income. Besides, the platform has a mechanism that ensures negative balance protection.
The platform is in its fifth stage of presale, and is selling at $0.025. Analysts are certain that its market value can surge by 50x during the presale round and 100x by the end of this year. Hence, whales are pocketing the tokens quickly. Buying TCRV tokens now can help you get deposit bonuses too. The platform has now more than 17,000 registered users to its presale.
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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