Shiba Inu’s social influence has declined in the last week, signaling a drop in popularity for the meme coin. However, price action and the momentum indicator, RSI, in oversold territory paint a different picture.
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Shiba Inu update might pump demand
Shiba Inu has a history of reacting quickly to ecosystem upgrades, and the upcoming Shibarium update may reverse the decreasing trend. With the introduction of the Shibarium update, Shiba Inu may regain its footing and enhance its market performance. On the Shibarium beta testnet, the Shiba Inu team is actively working on implementing VOR and OoO.
The smart contracts, 0o0 and VOR Router, will be deployed on Shibarium layer-2, followed by activating the Oracle apps to fulfill data requests. The Shibarium project recently transferred test tokens, signaling that tests are ongoing.
Shibarium will unlock the full potential of the Shiba Inu ecosystem. The Shibarium upgrade could positively impact SHIB’s market performance, catalyzing demand.
Shiba Inu is trading at $0.00000888, down 2.5% in the last 24 hours and 13.3% in the previous seven days, according to CoinGecko.
TCRV by Tradecurve: the hybrid trading platform
Many people need access to financial markets due to religious or national regulations. Tradecurve addresses this issue by integrating traditional finance into the decentralized finance (DeFi) ecosystem. DeFi allows everyone to keep their keys, thereby controlling their funds.
TCRV is the native token that powers the hybrid exchange built on Ethereum. High-leverage trading at 500:1 and a wealth of self-education are available in the Metaverse Academy, where you can learn how to utilize artificial intelligence (AI) algorithmic trading bots.
Tradecurve combines the benefits of centralized and decentralized exchanges without needing details as part of know-your-customer (KYC) rules. Deposited crypto will be used as collateral for derivatives trading, and the onboarding process is as simple as linking your wallet, depositing, and trading a wide variety of assets.
TCRV token holders enjoy reduced trading fees and subscription costs for trading. Staked tokens allow TCRV customers to earn passive income.
Currently, the presale is in stage 2, and only 40% of the entire 1.8 billion TCRV tokens are available for purchase. After TCRV lists on Uniswap, analysts are bullish that prices could rise.
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Source: https://crypto.news/2-tokens-under-1-that-could-pump-in-may-shiba-inu-and-tradecurve/