The cryptocurrency market has had a bumpy road in recent weeks, with ups and downs. For one, Cardano (ADA) and Solana (SOL) rolled out new updates to improve their shaky positions.
At the same time, the launch of Tradecurve (TCRV) has also attracted a lot of attention. This new project was an instant sensation due to its uniqueness and huge growth potential. Its ongoing pre-sales are breaking records.
Cardano (ADA) Network Activity Drops
The Cardano (ADA) community hopes that recent developments in its ecosystem, including the release of novel dynamic P2P network schemes, will increase the appeal of the network. The launch of Dynamic P2P brings scalability and modularity to the Cardano network. Experts, however, expressed concern over the latest on-chain data related to Cardano.
According to data from Santiment, the number of daily active addresses on the Cardano network has plummeted by 71% over the past month. Cardano’s social dominance has also taken a hit. Subsequently, Cardano’s exchange rate fell by 23% in the past 30 days. At press time, Cardano is changing hands at $0.29.
Solana (SOL) aims to benefit from Firedancer
In an effort to escape the clutches of bears and prevent its price from falling further, Solana (SOL) has turned its focus to the NFT space. This shift in focus comes as Solana has fallen 11% over the past 30 days.
Therefore, Solana is currently trading at $19.19, which is 93% below its peak of $260.06. However, Firedancer, Solana’s new validator client, is expected to provide market support for SOL.
According to Messari, Firedancer can reduce latency on the Solana network, thereby increasing DeFi maturity. In turn, this will allow transactions to be processed faster on Solana, attracting more users to the network. Meanwhile, analysts noted that Solana’s TVL is declining.
Tradecurve Presale Grows 50x, Becomes More Attractive
According to the data, about 5 new cryptocurrencies enter the market every day, and there are more than 26,000 digital currencies in circulation. Subsequently, cryptocurrency trading also flourished. However, existing cryptocurrency exchanges have been criticized for their high fees, limited investment options and insecure data. To solve these problems and meet dynamic market demands, Tradecurve (TCRV) launched a disruptive cryptocurrency exchange.
This new Web3 trading platform enables users to invest in different markets such as forex, stocks, cryptocurrencies, CFDs, etc. through a single account. Even more exciting for traders are the platform’s privacy features. It does not require users to meet any KYC requirements. In contrast, exchanges such as Coinbase and Robinhood require users to share their private details.
In addition, the platform also has high leverage trading starting from 500:1 and VIP account services. It will also provide traders with distributed liquidity and non-custodial storage to enhance their trading experience. Metaverse Trading Academy is another notable feature of the platform. Through the Academy, users can learn better and more profitable trading strategies.
The platform’s pre-sale round has begun, with TCRV tokens being purchased at $0.018, an 80% increase from the launch price. Experts predict that these tokens will achieve a 50-fold increase during the pre-sale period and a 100-fold increase after listing on the primary exchange.
To learn more about Tradecurve and the TCRV token, please visit the link below:
Buy pre-sale: https://app.tradecurve.io/sign-up
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.