While some cryptocurrencies have faced significant declines, others have managed to weather the storm and exhibit positive signs. In particular, Solana and Polygon, two popular blockchain networks, have witnessed a downturn.
At the same time, Tradecurve, an innovative hybrid trading platform currently in its presale stage, has shown promising growth with a notable 20% surge in its token price. Keep on reading to find out why.
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Solana (SOL) and Polygon (MATIC) fall after SEC allegations
Solana and Polygon, both known for their scalability and utility, have experienced a decline in their respective token prices. Currently, Solana is trading hands at $14.61 with a market cap of $5.8B, which is a drop of 3.22% in the last 24 hours. On the other hand, Polygon has a value of $0.6002 with a market cap of $5.5B, down 7.80% overnight, both projects value is down over 20% in the last 7 days.
The U.S. Securities and Exchange Commission’s cases against Coinbase and Binance caused a significant market sell-off last week, followed by the decline in Solana and Polygon. In these cases, the SEC claimed that both Coinbase and Binance were listing tokens such as Solana and Polygon but not registering them as securities, which they were.
In response to this allegation, Solana and Polygon refuted these statements claiming that they disagreed with this classification. Despite their recent declines, it is essential to note that Solana and Polygon remain vital projects with active development communities and promising use cases in the blockchain ecosystem.
Tradecurve (TCRV) shows a promising surge
In opposition to the decline that Solana and Polygon endured, Tradecurve has shown green signs in terms of its token price. This rising presale has witnessed a remarkable 20% surge from its Stage 3 price of $0.015, signaling its resilience and investor confidence.
Several factors contribute to Tradecurve’s positive performance. On this borderless, decentralized trading platform, users from all over the globe may trade stocks, forex, indices, bonds, ETFs, cryptocurrencies, and more on a single account.
Moreover, while many already-established platforms such as Robinhood and E-trade still require sign-up KYC checks, Tradecurve will differentiate by not implementing any and allowing users to utilize their cryptocurrency as collateral. This development ensures that all traders remain anonymous even during a data breach. The platform’s commitment to privacy and security resonates with users who prioritize protecting their personal information.
And given that many platforms currently have high fees, which eat away at traders’ profit margins, Tradecurve’s decentralized nature will eliminate all third-party intermediaries and drastically lower trading fees while providing each trader with all asset control.
Tradecurve aims to provide a user-friendly and accessible trading experience for experienced and beginner traders. The platform offers several features and services that make it attractive and beneficial for all parties involved – high leverage starting at 500:1, negative balance protection, algorithmic trading where users may subscribe to automated & AI trading bots, and more.
Copy trading is one of Tradecurve’s standout features. With this function, novice traders may subscribe to and copy the trades of seasoned and successful traders on the site. Beginners can gain knowledge and perhaps enhance their trading success by studying the techniques of more experienced traders.
Those looking to back this upcoming game-changer are now choosing to purchase its native token, TCRV, which is currently in Stage 4 of its presale and costs only $0.018. Buying this token now will result in obtaining governance, passive income via staking, subscription fee discounts, and more.
With millions of tokens sold already, experts forecast a bright future for the TCRV presale as TCRV may see a 50x growth by the time its presale finishes. If this prediction comes true, a 100x jump can also be obtained since TCRV will look to be listed on Uniswap or a Tier-1 CEX.
If you want to back this potential top 3 global trading platform that aims to rival Coinbase, sign up for its presale below.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/06/17/solana-and-polygon-are-down-over-20-tradecurve-price-is-showing-green-signs-with-another-20-surge/?utm_source=rss&utm_medium=rss&utm_campaign=solana-and-polygon-are-down-over-20-tradecurve-price-is-showing-green-signs-with-another-20-surge