In the first quarter of 2023, Tradecurve ranked as the most popular crypto project, leading the industry to a new height. The market acceptability and demand for this project are so high that it is projected to grow by 100x this year. Therefore, even Enjin Coin (ENJ) holders are selling their tokens to add Tradecurve (TCRV) to their portfolio and gain massive profits.
Enjin Coin (ENJ) looks gloomy despite updates
Things are not improving for Enjin Coin, as its performance on key metrics has been abysmal. The latest data from LunarCrush suggests that Enjin Coin has fallen severely on social charts. The data shows bearish sentiments around Enjin Coin (ENJ) have intensified by a whopping 91% in the past month. Moreover, bullish sentiments about Enjin Coin have declined by 93%.
According to experts, this indicates that people have less confidence in Enjin Coin and do not see any price appreciation for ENJ in the coming months. Thus, Enjin Coin is facing intense selling pressure, and its price has been decreasing. Enjin Coin’s (ENJ) price has dropped 12% in the last month. As a result, Enjin Coin is currently trading at $0.33.
Recent data from Santiment has also suggested that long-term Enjin Coin holders are shedding their tokens as they fear a further drop in ENJ’s price. The data revealed that the Age Consumed of Enjin Coin increased by a significant 2000% between March 14 and April 10. An increase in Age Consumed implies a decline in the confidence of long-term investors.
These numbers have caused panic in the Enjin Coin community, as the project is falling despite introducing several new updates. Enjin Coin (ENJ) recently launched NFT.io, an NFT-based marketplace, and a new Enjin Wallet to expand its ecosystem and increase its utility.
Tradecurve (TCRV) continues is Unicorn presale run
Crypto owners’ participation in trading exchanges has grown in recent years. About 60% prefer to keep their cryptocurrencies in exchanges over wallets. However, traders’ trust in existing crypto exchanges has suffered a blow lately, with the bankruptcy of the FTX exchange and recent allegations surfacing against Binance.
Besides, too many complexities and exorbitant transaction fees of the existing crypto exchanges have also been a factor that deters new traders from entering the industry. However, the newly-launched crypto exchange, Tradecurve (TCRV), is changing the landscape.
Set to become one of the top 3 crypto exchanges in the world, it allows people to trade all derivatives without creating multiple accounts. Users can create an account on this platform by using an email ID. They also get absolute control over their private keys and assets, which is not the case with other exchanges. For instance, Coinbase holds users’ private keys.
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Tradecurve (TCRV) tokens will power the platform’s ecosystem, which consists of Automated Trading & AI, Social Trading, Metaverse Trading Academy, and Exchange. The token holders will receive discounts on fees and exclusive bonuses. The tokens can also be staked to the liquidity pool of the platform to yield a passive income.
The project’s presale has completed two stages with a more promising growth rate. The buying price of the token has surged to $0.015, from $0.01, during the first three stages. Analysts believe early investors will earn 5000% ROI during the presale and 100x profits after the tokens’ listing on Uniswap and other CEXs.
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Source: https://www.cryptonewsz.com/enjin-coin-investors-jump-towards-tradecurve-presale/