Recently, a whale that purchased a staggering 121 billion Shiba Inu coins has caught the crypto community’s attention. However, this whale is now looking at other investment opportunities to diversify his portfolio. One platform that has piqued their interest is Tradecurve , a decentralized crypto exchange currently in its presale phase that could evolve into a game-changer. Keep on reading to find out why.
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Factors as to why Shiba Inu (SHIB) whale is looking elsewhere
In the last 30 days, Shiba Inu (SHIB) has been struggling as it lost 17% of its value. This bearish trend looks to continue as Shiba Inu trades hands at $0.000008454 with a market cap of $5B, which is a drop of 2.11% in the past day alone.
The technical analysis for Shiba Inu also raises some concerns, as its moving averages and technical indicators show strong sell signals. This could signal further Shiba Inu price drops. On a positive note, the Shiba Inu trading volume has increased by 11.09% overnight and now sits at $104,690,664.
Although investors are now taking another look at Shiba Inu thanks to the release of the Shiba Burn Rate and its decentralized network Shibarium, the price of it may not provide any substantial gains as experts predict a rise to $0.00000908 for it by the end of 2023.
With this price valuation, it is understandable why Shiba Inu whale is starting to look elsewhere for long-term gains.
Tradecurve (TCRV) expected to jump 100x soon
While Shiba Inu continues to underperform, Tradecurve (TCRV), now in Stage 2 of its presale, has been displaying an incredible performance, jumping by 20% in a short time.
This project aims to rival well-established trading platforms such as Coinbase and Kraken by creating an innovative, borderless, hybrid trading exchange built on the Ethereum blockchain.
This DEX will include the best aspects of CEX, including high liquidity and access to multiple asset classes such as ETFs, forex, commodities, and cryptocurrencies.
However, what will make Tradecurve stand out is that it will eliminate the sign-up KYC checks that its rivals employ, guaranteeing a completely private and anonymous trading environment.
Tradecurve will eliminate all third-party mediators, significantly decreasing the trading costs while providing the trader with all assets and key control. To help bring more knowledge to traders, Tradecurve has plans to launch a metaverse trading academy in which they can enroll and learn new trading strategies.
The social trading aspect of Tradecurve may also excite some traders as they can just copy trades from other experienced traders (for a subscription fee) and generate profits without any hassle.
TCRV, the platform’s utility token, will support the platform’s extensive ecosystem. Investors are starting to hoard these tokens since they will grant holders various benefits, like governance voting rights, subscription fee discounts, and passive revenue through staking. One TCRV is now available for just $0.012, a significant surge from its initial $0.01 price.
The key to Tradecurve’s success will be its low market cap, which now sits at $21.6M since the token supply is 1.8B. Compared to that of Shiba Inu, which is $5B at the moment, Tradecurve will see a much faster surge as lower amounts of new money will be required.
Due to this, experts predict a 50x increase for TCRV as the presale gains momentum and a 100x pump when the token is launched and subsequently listed on a major Tier-1 CEX.
We now understand why the Shiba Inu whale has chosen to migrate to Tradecurve – it possesses strong fundamentals, a solid foundation, and excellent short and long-term upside potential, so follow the links below and sign up for what may be the most promising investment prospect of 2023.
For more information about the Tradecurve presale:
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/whale-that-bought-121b-shiba-inu-is-looking-at-tradecurve-for-a-potential-surge/