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In the past four days, the crypto market has crashed following news that the SEC will be filing lawsuits against two of the world’s largest exchanges: Binance and Coinbase. This news is a devastating blow to the market and could have widespread implications for the future of crypto.
It has also caused a number of projects to plummet in value, including Polygon (MATIC) and Decentraland (MANA), both of which were previously expected to rise in June. Nonetheless, Tradecurve has remained extremely stable and continues to sell out fast during stage three of its presale.
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Polygon (MATIC) Crashes 14% In Four Days
Polygon was predicted to break the $1 barrier in June after several advancements over the past few months. However, the recent SEC announcement has been a huge blow to the project, causing Polygon to crash by 14.47% in the last four days.
At the time of writing, Polygon was trading at $0.7708 and had faced steady declines for four consecutive days. While daily trading volume initially spiked to $450 million, it has also decreased by 17.89% as more investors begin to consider the long-term implications an SEC investigation could have on Polygon.
Despite its price decline, some market analysts still believe Polygon could bounce back. Price predictions for June are going as high as $1.17 though they are averaging at $0.93, suggesting that Polygon could offer positive returns for investors who buy now.
Decentraland Down 10% Despite Apple’s XR Announcement
Much like Polygon, Decentraland (MANA) is struggling with price declines. In the last five days Decentraland has decreased in price by 10.83%, with one token trading at $0.4141 at the time of writing.
Prior to the SEC filing, many investors anticipated that Decentraland would increase in value in the past week as a result of Apple’s new XR, a virtual reality headset that could make it extremely easy for Decentraland users to access the metaverse world.
While this announcement led to an increase in Decentralands trading volume, its price is yet to follow. Most analysts now agree that Decentraland could be a great long-term investment. However, in the short term, its value is likely to remain unstable, which has caused many investors to look for Decentraland alternatives.
How Is Tradecurve Outperforming The Market?
While projects like Polygon and Decentraland remain turbulent, Tradecurve growth remains stable. Over 42 million TCRV tokens have been sold during stage three of the Tradecurve presale, with less than 45% of the rounds supply still available. But how is Tradecurve outperforming some of DeFi’s best known projects?
Tradecurve could potentially solve the issue of regulation in the market. As a hybrid exchange, Tradecurve lets investors trade a number of asset classes, including stocks, forex, and crypto anonymously. This not only removes barriers to entry but also lets investors project their privacy through DeFi capabilities.
All assets can be purchased from a single account with deep liquidity and seamless execution. Traders will also have access to lucrative education tools, including a metaverse exchange, copy trading subscriptions, and AI subscriptions to help investors learn more about trading and how to build their portfolios.
With many investors questioning the long term potential of current exchanges, Tradecurve is in a great position to quickly gain market share. In the first three months of release, Tradecurve aims to attract 100,000 users and within a few years, it plans to become a top 3 exchange. Given this potential, experts believe that Tradecurve could 50x in value before its presale ends, which makes its current price a bargain.
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*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/06/12/tradecurve-standout-crypto/