The cryptocurrency industry has experienced notable progress since its inception, resulting in the emergence of several projects with extensive utility and promise. Consequently, investors have shown significant interest in cryptocurrencies due to their growth potential.
Among these projects, Tradecurve has garnered attention from experts who believe it can surpass the trading activity, trading volume, and utility of projects such as Lido DAO and Floki.
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Lido DAO prices fall 80% from all-time high
Lido DAO is a decentralized autonomous organization (DAO) that offers staking infrastructure for multiple blockchain networks. Notably, its most significant contribution has been providing a liquid staking solution for Ethereum.
Lido’s native currency, LDO, is ranked 32nd, boasting a market capitalization surpassing $1 billion and the highest total value locked (TVL) in decentralized finance (DeFi).
In May, the network introduced The Lido V2 protocol, which brought forth two major features: withdrawals and a staking router. However, it is worth noting that the token’s price has declined by over 80% in the past two years, falling from its all-time high of $11.
LDO trades below the 50-day simple moving average (SMA) at $1.998240 and the 200-Day SMA at $2.09.
Floki fails to maintain uptrend
Floki is a prominent meme coin that gained considerable traction in the market in 2023. Positioned as a metaverse and gaming token, Floki Inu has generated significant momentum in crypto.
However, it’s important to note that Floki Inu is highly volatile due to its nature as a meme coin. Its price can fluctuate greatly, making it a speculative asset. Additionally, since it’s a relatively new coin, it’s not widely accepted as a form of payment. Even though it’s listed on several exchanges, the price of FLOKI has dropped by 92.48% from its peak of $0.0003437 in 2021, and is currently trading at $0.00002583.
Tradecurve surges 80% to $0.018
Tradecurve has introduced a hybrid trading platform to transform the decentralized finance (DeFi) sector. This portal enables investors to access multiple markets using a single account, differentiating it from Binance and OKX. Notably, Tradecurve allows users worldwide to engage in anonymous trading of diverse derivatives while ensuring their privacy.
The exchange’s appeal lies in its comprehensive suite of advanced trading tools, robust security measures, decentralized nature, and transparent operations. These features have garnered considerable interest from investors within the cryptocurrency community.
Tradecurve is in the fourth stage of its presale, with each TCRV token priced at $0.018, representing an 80% increase from its initial price of $0.010. Industry analysts have even predicted a significant surge in value once the token is listed on a tier-1 centralized exchange.
During the presale period, Tradecurve allows investors to benefit from a deposit bonus of up to 50%. This offer is available until July 3, 2023.
For more information about the Tradecurve presale:
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Source: https://crypto.news/tradecurve-preferred-over-lido-dao-and-floki-inu-after-surging-80/