As Tradecurve (TCRV) continues to gain momentum in its presale phase, concerns are rising for cryptocurrencies Tron (TRX) and Filecoin (FIL). Many holders are migrating to Tradecurve, drawn by its unique features and promising potential. Let’s find out more!
Tron (TRX): Concerns Rise as Holders Migrate to Tradecurve (TCRV)
While Tradecurve is on an upswing in the crypto landscape, Tron (TRX) appears to be on a relentless downward trajectory. Tron (TRX)’s performance during 2017/18 was nothing short of spectacular. It saw its market capitalization skyrocket nearly 1,000% to reach a high of $11 billion in just a few weeks.
Much of Tron (TRX)’s initial meteoric rise can be attributed to savvy marketing and significant hype. The CEO of Tron (TRX), Justin Sun, had a unique talent for capturing the interest of the broader crypto community. However, as the initial excitement subsided, Tron (TRX)’s price correspondingly receded.
Currently, Tron (TRX) is at $0.080, just beneath the key resistance level of $0.090 – $0.10. It is worth noting that Tron (TRX) CEO is to be on the run from the SEC and other regulators due to alleged illegal activities related to the TRC-20 token launch.
With these allegations looming over the project, Tron (TRX) holders are increasingly moving their holdings over to Tradecurve presale. This is as the risk-to-reward ratio is much more favorable in comparison.
Filecoin (FIL): Holders Flock to Tradecurve (TCRV) Amid Growing Concerns
Filecoin (FIL) operates as a decentralized storage network that incentivizes miners to offer secure and efficient storage solutions. The Filecoin (FIL) project began on a high note with a remarkable ICO presale, raising over $200 million for the Filecoin (FIL) team to build their transformative, blockchain-based storage protocol.
Despite its early success, Filecoin (FIL) has failed to live up to investors’ expectations. The token has witnessed a drastic 98% plunge since April 2021 when it boasted a market capitalization of $11.8 billion. This significant downturn stemmed from an absence of adoption and development efforts by the Filecoin team post their successful ICO.
Filecoin (FIL) seems to be in a never-ending downward spiral, with the token’s price of $4.46 now under the significant support level at $5.00. Analysts predict further losses toward the $3.00 level if Filecoin (FIL) cannot reclaim the key support level this month.
Tradecurve (TCRV): Attracting a Growing Number of Holders
Tradecurve is making waves in the financial sector as an innovative trading platform that supports a wide variety of assets — from company stocks to cryptocurrencies, commodities, and forex. This is all made possible with the power of decentralized finance (DeFi) technology, which also ensures complete privacy for traders.
Ease of access is a major advantage of Tradecurve. Users can simply sign up with their email and a small amount of cryptocurrency collateral to get started, without the need for the extensive KYC procedures required by traditional platforms. This also allows users to trade anonymously, which is a major selling point in today’s privacy-conscious society.
Moreover, Tradecurve boasts an array of advanced tools and features to support traders. Among these are AI-driven trading support, the option to mimic successful traders’ strategies, and a wealth of educational resources for both novice and experienced traders to enhance their trading skills.
The TCRV token, Tradecurve’s native cryptocurrency, is integral to the platform’s ecosystem. Holders of TCRV gain exclusive benefits, such as access to advanced trading tools, opportunities for passive income, and reduced trading fees.
Currently, TCRV is priced at a mere $0.025 during phase 5 of the presale. Market analysts predict that the token’s price could surge to $0.50 by the end of the presale, representing a staggering 1777% increase. Further, they expect the price to multiply by 100 once TCRV is listed on popular exchanges like Uniswap later this year.
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Source: https://coinpedia.org/press-release/worries-mount-for-tron-and-filecoin-community-choosing-tradecurve/