Markets suffered a brief retracement due to the ongoing debt ceiling crisis and fears of impending regulatory action. However, analysts have dug into on-chain metrics and found two projects bucking the prevailing trend.
Shiba Inu (SHIB) has seen great success with its layer two scaling solution Shibarium which has executed more than ten million transactions, and Tradecurve (TCRV), a burgeoning trading platform, has seen a massive spike in demand and is on track to raise $20 million in its presale alone.
Tradecurve (TCRV) On Track to Raise $20 Million in Presale
Low latency trading, high leverage, and permissionless access to global markets- Tradecurve has it all. This nascent protocol has entered the second stage of its presale, rapidly gaining attention from two critical groups: analysts and seasoned traders.
Analysts cite its integration of artificial intelligence (AI) trading algorithms and institutional-level liquidity powering a cutting-edge trading experience. Further stating the rising demand for decentralized services, especially leveraged products- given that millions of retail clients live in jurisdictions that forbid them from fairly accessing markets- would drive significant buy pressure.
Traders, on the other hand, love three things about the protocol. First, Tradecurve facilitates anonymous trading allowing users to begin using the platform with only an email address and crypto to collateralize. Second, the high leverage and execution speed, and finally, Tradecurve’s array of markets.
Traders can long and short with up to 500:1 on forex, crypto, stocks, and commodities markets, giving traders unparalleled freedom to do what they do best on any asset class they choose.
The on-chain data for presale participation is robust, aligning with analysts’ forecasts that the protocol will raise $20 million in its presale and that the platform token $TCRV will rally by 5,000% in the coming weeks before the presale closes.
One of the most exciting ICOs seen in 2023, with plans to onboard 100,000 traders within three months of operation, Tradecurve is a potential breakout protocol this year.
Shiba Inu (SHIB) Shibarium Posts Impressive Metrics
Shiba Inu (SHIB) has seen renewed interest, spilling over to the other tokens within the Shiba Inu (SHIB) ecosystem $BONE & $LEASH. Shibarium, the layer two scaling solution built by Shiba Inu (SHIB) developers, has powered this resurgence. It recently crossed a critical threshold of 10 million transactions, and momentum continues to build.
Shibarium will allow Shiba Inu (SHIB) holders to trade with far lower gas fees. Suppose it can replicate the success of other layer two scaling solutions such as Arbitrum (ARB) and Optimism (OP). In that case, it will provide enormous tailwinds for Shiba Inu’s (SHIB) long-term valuation.
This scaling solution from Shiba Inu (SHIB) developers will also increase demand for the ecosystem tokens as validators must stake $BONE to participate in the network. Analysts predict that Shiba Inu (SHIB) will trade between $0.00001560 and $0.00001843 by the end of next year, making an easy 2X for investors at its current price point.
Find out more about the Tradecurve presale here:
Website: https://tradecurve.io/
Presale:https://app.tradecurve.io/sign-up
Telegram: https://t.me/tradecurve_official
Twitter: https://twitter.com/Tradecurveapp
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