The crypto trading space has seen numerous innovations and platforms emerge rapidly. However, their fortunes rarely last.
One of the projects that initially gained appeal is Conflux. However, the token has dipped and is heading toward a red zone.
On the flip side, Tradecurve, an upcoming hybrid exchange, has caused a lot of buzz. This innovative project is surging in price and has already onboarded 13,000 users.
Conflux Price Dips on Daily Chart
Conflux posted an update where they reviewed how they know about the recent cross-chain irregularity tied to the Multichain. Moreover, they claim they have taken precautionary action by suspending the co-mining rights to ensure the security of user assets.
However, this did put its toll on the value of the Conflux cryptocurrency. In particular, as of July 7, 2023, Conflux trades at $0.184374. During the past week, Conflux saw its low point at $0.183556, with its high point of value at $0.212188.
Conflux’s overall price decrease was 28.8% within the last two weeks. Moreover, it’s been down by 4.6% in the last week alone.
Over 13K Traders Already Signed Up For Tradecurve
While Conflux disappointed investors with its recent performance, another cryptocurrency emerged. Treadecurve’s TCRV token has already shown growth of 80%.
The bullish sentiment and outlook for TCRV directly result from the massive interest in the platform. Namely, analysts predict it can radically change crypto trading, for the better. Crypto traders globally have signed up for the exchange, which has already onboarded 13,000 users.
The hybrid exchange combines the best elements of decentralized (DEX) and centralized exchanges (CEXs). Namely, it provides a truly borderless trading experience and access to derivatives markets alongside cryptocurrencies. This means that on Tradecurve, traders can expect privacy, transparency, and low trading fees while having self-custody over their assets.
The platform stands out by providing high leverage starting at 500:1 while offering AI algorithmic trading for enhanced trading experiences. The team also announced plans to launch a Trading Academy aimed at teaching newcomers and enabling them to improve their trading skills. During Stage 4 of its presale, TCRV trades at just $0.018, and anticipated growth of 40% is expected to happen in the upcoming week.
Based on all of this, analysts are bullish on the future of TCRV and predict a climb of 100x to occur at launch. The tokens have gained significant attention after their impressive performance, and the team has already raised $2.8 million out of the expected $20 million, providing a lot of confidence for the project’s future in the investors’ minds.
For more information about the Tradecurve presale:
Buy TCRV Presale Tokens | Follow Twitter | Join Community on Telegram
Source: https://coinpedia.org/press-release/conflux-price-dips-traders-signing-up-for-tradecurve/