Bitcoin (BTC) is an influential cryptocurrency as its market swings affect the entire blockchain space. Being the largest coin in market capitalization and popularity, its market swings can affect the broader industry. However, a cryptocurrency that has gained the attention of numerous traders with its presale is TCRV, the utility token of the Tradecurve platform, and we will explore why this has been the case.
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Bitcoin (BTC) Network Fees See Significant Increase in Their Cost by 700%
Recently, the total network fees paid for minting Bitcoin (BTC) Ordinals reached 1,414 Bitcoin (BTC), worth $38.2 million as of May 20, 2023. This means that it saw an increase of 700% from April 20. The data has been gathered by Dune Analytics, and the analysis showcases that despite the increased interest in non-fungible tokens (NFTs) on Bitcoin (BTC), a majority of these Ordinals shifted towards text-based inscriptions.
Blockchain developer Rodarmor released the Bitcoin Ordinal Theory framework in January 2023. A demo was created, showcasing the BRC-20 Bitcoin (BTC) token standard in March of 2023. Bitcoin (BTC) Ordinals is a number system intended to assign a unique number to every individual Satoshi and enable its tracking and transfer.
The value of the Bitcoin (BTC) cryptocurrency was $26,874.16 as of May 22, 2023. In the last month, Bitcoin (BTC) saw a decrease of just 2.3% and a decrease of 0.1% in the last 24 hours.
Tradecurve (TCRV) Will Increase By An Additional 25%
While Bitcoin (BTC) Ordinals are facing high fees, investors are looking for alternative projects to invest in. Tradecurve is a hybrid platform combining all of the best elements of CEXs and DEXs.
In the blockchain industry, some of the most popular exchanges, such as KuCoin, Bitstamp, Bitfinex, Bithumb, Gemini, and others, will require users to complete a Know-Your-Customer (KYC) verification process. Moreover, all of them typically have high fees and can consume a chunk of the profits from trading.
The Tradecurve team is aware of this, and the platform does not require users to complete a KYC procedure and will also have the lowest fees in the industry. To increase the level of transparency, Tradecurve will also implement Proof of Reserves (PoR).
TCRV is the utility token behind Tradecurve and trades at $0.012 during Stage 2 of its presale. The presale stage is 49.35% completed, and at Stage 3’s value will increase by 25% as the token will trade at $0.015. Analysts have predicted that TCRV can climb by 50x during the presale, and when it launches, it can climb by 100x in value.
The platform will feature high leverage, beginning from 500:1, enabling users to utilize algorithmic trading. New investors can get access to the Metaverse Trading Academy to learn as much as possible before beginning to trade. As a result, these aspects make Tradecurve one of the best investment opportunities in 2023.
Learn more about the Tradecurve presale at the links below:
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Source: https://www.cryptopolitan.com/bitcoin-ordinals-total-mintage-fees-increase-tradecurve-set-for-another-price-increase/