Many cryptocurrency projects have been making headlines lately, with the market experiencing significant price fluctuations and trading volumes. Two recent coins that have caught the attention of experts are the Dogecoin trading volume hitting $200M and the rise in the price of Shiba Inu . While these meme-tokens continue to compete, one hidden gem could evolve into a potential blue-chip token as experts predict a 100x increase – Tradecurve (TCRV), currently in its presale. Keep reading as we dive deep into all three of these tokens.Â
Summary
- Dogecoin (DOGE) saw an increase in trading volume
- Shiba Inu (SHIB) surges after major coin burning
- The Tradecurve (TCRV) presale seen as the main new attraction for investors
Summary
Dogecoin (DOGE) trading volume rises after DRC-20 protocol release
Dogecoin (DOGE), or the “meme-token king,” has been struggling recently as its price dropped by 10.6% in the last 30 days. Currently, Dogecoin trades hands at $0.07038 with a market cap of $9.8B, which is a drop of 3.53% in the past day alone.
However, the trading volume of Dogecoin paints a different picture, as it has now passed $200M and sits at $227,783,763, rising by 43.95% in that same period. The increase came when a new Dogecoin mechanism was introduced on May 9. This Dogecoin mechanism makes it possible to issue so-called DRC-20 tokens.
A continuation of Dogecoin’s decline from its present level to $0.069 in the upcoming days is probable, with a chance that it may reach oversold territory given the previously cited considerations. On the other hand, this may present an opportunity for a future surge for Dogecoin,
Shiba Inu (SHIB) value rises as the burn rate increases
Over the previous month, as the asset’s lower burn rate, Shiba Inu (SHIB) could not outpace the bears. Shiba Inu dropped by 18.1% in the last 30 days, but that movement was stopped briefly as it rose 3% in the previous few days.
This could be attributed to Shiba Inu experiencing its first significant burn transaction. Over 1.24 billion tokens have been delivered to dead wallets recently, according to statistics given by SHIB BURN; of this total, roughly 1.23 Shiba Inu coins were burnt in a single transaction.
Shiba Inu is trading hands at $0.000008481 with a market cap of $4.9B, which is a drop of 5.06% in the past 24 hours. The trading volume of Shiba Inu (SHIB) also decreased by 22.77% overnight, plummeting to $102,222,986. Although the price of Shiba Inu is now consolidating, a new peak may come soon, according to experts.
Tradecurve (TCRV) may be the top presale of 2023
Tradecurve (TCRV) aims to become one of the top three global trading platforms, outperforming the likes of Huobi and Robinhood by combining the best aspects of CEX and DEX. Users may trade stocks, forex, cryptocurrencies, and commodities on this decentralized, borderless trading platform on one account while utilizing cryptocurrency as collateral.
The main allure of Tradecurve is its removal of sign-up KYC regulations, giving customers the freedom to trade while remaining completely anonymous. To lower the entry bars that currently exist in the online trading industry, Tradecurve will allow account creation with just an email. Afterward, connecting a crypto wallet and depositing will be required – significantly faster and simpler than traditional trading platforms.
Some features that Tradecurve will bring are also copy trading, where users may copy what other traders are doing for a subscription fee, high 500:1 leverage, and metaverse trading academy, which will come after its launch.
Those wishing to obtain governance voting rights, staking rewards, and discounts on subscription fees will need to purchase the utility token, TCRV. This token is now in Stage 2 of its presale and costs only $0.012, bringing a 25% deposit bonus on each purchase. With experts predicting a 50x increase as the presale gains more attention and a 100x jump after TCRV launches and gets listed on Uniswap or a major CEX, buying it now could result in tremendous gains.
For more information regarding Tradecurve’s presale, see links below:
Website: https://tradecurve.io/Â
Buy presale: https://app.tradecurve.io/sign-upÂ
Twitter: https://twitter.com/TradecurveappÂ
Telegram: https://t.me/tradecurve_official
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