Shiba Inu, Dogecooin, Tradecurve: The Ultimate Crypto Battle

2023-08-09 14:20:13

Usually, meme coins pump in value based on market speculations and hype. But lots of uncertainties have caused key players like SHIB and DOGE to crawl as of late. In the meantime, focus has shifted to Tradecurve, a new project that is ruling the market with its meteoric presale success. At the rate it is going, investors of the Tradecurve token are looking to 100x their portfolio by the end of 2023.

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Shiba Inu (SHIB) Price Could Fall as Investors Sell Tokens

Shiba Inu (SHIB) has seen its price rise in recent weeks, but on-chain data suggests that a fall could be around the corner. Unlike last month when many SHIB tokens were moved out of exchanges to cold wallets, the supply of SHIB on exchanges has skyrocketed in the past seven days. Nevertheless, the market value of SHIB surged by 3% as per data on Santiment

The rising exchange inflow of SHIB suggests that investors are selling their tokens, which could lead to a decline in the price. At the moment, SHIB is not a favorite for long-term investors.

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Dogecoin (DOGE) Loses Steam as Holders Stagnate

Similarly, it appears that DOGE is losing its appeal as the number of holders has stagnated and development activity has stalled. Although there are more than 4 million holders of Dogecoin in total, the largest percentage of this coin belongs to 535 people who hold around 82% of the total supply circulating today — according to a report by Bankless.

The development activity on the Dogecoin network has slowed down as well. In June, there were over 10,000 commits to the Dogecoin codebase. However, in July, that number fell to just over 5,000 commits.

This decline in activity is likely due to the growing bearish sentiment around DOGE. The social volume of Dogecoin has also been plummeting since June. As of the time of writing, the price of DOGE is $0.074, a 3.9% decrease in the past seven days

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Tradecurve: Investors’ New Favorite

While Shiba Inu (SHIB) and Dogecoin (DOGE) try to push against market volatility, investors are moving to Tradecurve for more stable and potentially larger gains. Tradecurve is a new crypto exchange that offers a number of features that make it stand out from the competition.

First, it is a hybrid exchange that does not require users to go through a Know Your Customer (KYC) verification process. This makes it more appealing to privacy-minded investors.

Second, Tradecurve supports the trading of multiple derivatives, such as cryptocurrencies, forex, futures, and bonds. Thus, giving users a wider range of assets to choose from and the ability to hedge their risk.

Additionally, Tradecurve has implemented a number of security features to ensure that user funds are safe and secure, such as proof-of-reserves, 2FA, and negative balance protection

Finally, Tradecurve’s native token, TCRV, offers a number of benefits to holders, such as discounts on trading fees, deposit bonuses, and staking rewards.

Right now, the platform’s presale is underway and a unit of TCRV token costs $0.025. Analysts predict its market value will skyrocket by 50 times during the presale round.