SPONSORED POST*
Crpyto markets are volatile, and some projects are experiencing this in the worst way possible. Elrond (EGLD) and Algorand (ALGO) are still unable to get out of the bearish phase.
At the same time, experts have unanimously supported a new project, Tradecurve (TCRV). Its multiple real-world use cases has made the token a favorite among savvy investors.
>>Register For The Tradecurve Presale<<
Summary
Elrond (EGLD) Witnesses Fall In Total Value Locked
Elrond (EGLD), which is now rebranded as MultiversX, experienced a steep decline in its total value locked (TVL) in recent months. A continuous price decline of Elrond followed.
The market value of Elrond has plummeted by more than 6% in the past week. As a result, you can currently trade Elrond for $35.95. However, to lend support to its price trajectory, Elrond has taken efforts to expand its ecosystem.
Recently, Elrond initiated talks with the Romanian authorities to encourage a startup ecosystem using the Elrond blockchain. Elrond has also launched new protocol upgrades on its mainnet, with Altair being the latest one.
Algorand (ALGO) Forges Strategic Partnership With DEF Labs
As the market value of Algorand (ALGO) is moving in the red zone, Algorand has sought support from investment firms through strategic partnerships. A few days back, Algorand announced joining hands with DWF Labs, a global multi-stage Web3 investment company.
Under this partnership, DWF Labs will purchase ALGO tokens worth about $50 million to provide liquidity on the Algorand network. Besides, funding support will be provided to projects that are building on the Algorand blockchain.
To encourage and help developers, Algorand also launched a software upgrade that aims to improve the network’s performance by reducing block latency. The price of Algorand is down by 17% on the monthly chart. At present, an Algorand token is available at $0.13.
Analysts Predict Massive Gains For Tradecurve Presale
Tradecurve (TCRV) has designed a state-of-the-art crypto exchange that provides traders with a comprehensive trading experience. It allows the trading of multiple assets, such as equities, cryptocurrencies, Forex, bonds, and other derivatives on a single platform.
Since this novel exchange’s canvas includes many sectors, its target market size will be more than $100 trillion. Thus, investors rushed to this platform’s presale, which is set to raise more than $20 million in the next few weeks.
The cross-chain platform does not mandate any KYC documentation for signing up. Any person can open a trading account on this platform by using an email ID. Moreover, the platform implements a proof-of-reserves mechanism, and 2FA security. These features make it better, and more secure than the existing exchanges like Coinbase, which infringe on users’ privacy.
The project boasts institutional-level liquidity, and its native token is TCRV. The token holders will get an opportunity to trade at lower fees, and get deposit bonuses. They can also earn extra by staking their tokens to the liquidity pool of the platform.
During the initial three stages of its presale, TCRV’s market value has increased by 80%. At present, you can purchase a token for $0.018, which is likely to jump by 5000% before the presale phase ends, and 10000% by the end of this year.
To find more information about Tradecurve and the TCRV token, visit the 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_officialÂ
*This article was paid for Cryptonomist did not write the article or test the platform.
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