Tesla and SpaceX CEO Elon Musk, has been a huge supporter of the Dogecoin cryptocurrency however, he has rarely discussed why he specifically likes the cryptocurrency. Whenever Musk talks about DOGE, the price will typically be affected in a positive way as investors want to capitalize on its publicity. In a talk in London, Elon Musk reveals the reason behind the famous Dogecoin investment and we will go over the reason why Tradecurve is a smart choice for investors.
Summary:
- Elon Musk likes Dogecoin due to its humor, and because it incorporates dogs.
- Unlike previous mentions of the meme-coin, this time, it did not spike in value.
- Investors are eyeing Tradecurve as it is a new project, and its TCRV utility token can spike by 100x.
Why Elon Musk Invested in Dogecoin
Elon Musk spoke at the Wall Street Journal’s CEO Council Summit, which was held in London. He discussed numerous topics, but one specifically caught the attention of cryptocurrency enthusiasts. Musk spoke surrounding the Dogecoin cryptocurrency and how he likes the meme coin due to its humor and because it incorporated dogs. He went on to say that he would not advise anyone to bet their life savings on cryptocurrencies or on Dogecoin.
When we go over the value of the Dogecoin cryptocurrency, as of May 25, 2023, it traded at $0.070737. In the last 30 days, the cryptocurrency decreased in value by 10%. DOGE saw a decrease of 4.6% in the last week, meaning that it did not spike after being mentioned this time.
How Tradecurve Can Change The DeFi Space Forever
Tradecurve and its utility token, TCRV, do not target the meme-coin category. Instead, this is a hybrid exchange with one-of-a-kind features. On most exchanges that are centralized, like Binance and Coinbase, for example, users are restricted.
From needing to complete KYC requirements to be able to trade cryptocurrencies exclusively and paying high fees, it can be difficult for a newbie to get started. Due to geographical reasons, or government-specific restrictions, some derivatives cannot be traded in specific countries on a global scale.
Tradecurve is a hybrid exchange that combines the best elements of CEXs and DEXs and will provide a borderless and truly free experience for anyone. Users will not need to complete KYC, and the exchange will have the lowest fees in the industry.
Newbies will get access to a dedicated trading academy, and any user will be able to take advantage of the exchange’s high leverage, starting at 500:1. Other notable features of Tradecurve include its VIP account system, algorithmic trading opportunities with the implementation of AI, Proof of Reserves (PoR) addition, and negative balance protection. These are some of the key reasons to invest in the TCRV token.
The TCRV token trades at $0.012 during its Stage 2 presale, and at Stage 3, it will increase to $0.015. Analysts have predicted that TCRV can climb 50x during the presale and 100x at launch. TCRV will also get listed on most Tier-1 CEXs and on the Uniswap DEX, and investors who want to make the most out of it can get it during its presale stage, where the value is low.
Learn more about Tradecurve and its utility token at the links below:
Website | Buy TCRV Presale Tokens | Twitter | Join Community on Telegram
| Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. Coinpedia should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their own research before taking any actions related to the company. |
Source: https://coinpedia.org/press-release/elon-musk-reveals-reason-behind-dogecoin-investment-here-is-our-reason-behind-tradecurve/