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VeChain shows optimistic price performance, Tradecurve rises 20% in a week
The cryptocurrency market is turbulent and known due to its high volatility, where rapid swings in value can occur daily. The most recent altcoins to see a rapid upswing in their value, which has left them high up into the green zone, include VeChain and Tradecurve. Analysts have begun eyeing these two projects for their potential ROI, and today, we will uncover how far they can climb.
VeChain’s Optimistic Outlook
The VeChain cryptocurrency has showcased a very optimistic outlook during the week, where its value rocketed into the green zone. As of June 28, 2023, VeChain trades at a value of $0.01885944. During the past week, its low point was at $0.01626553, while its high point was at $0.01969024
What this means is that within the last week alone, VeChain went up in value by 17.4% and is now high up in the green zone. The optimistic outlook for VeChain and its VET cryptocurrency has left many eyeing the project, but it is not the only one to grab a significant level of the market.
Tradecurve Surges by 20% In A Week
Alongside the growth of VeChain, another cryptocurrency also managed to surge in value, and that’s Tradecurve. With an increase of 20% during the past week, TCRV, the utility token behind Tradecurve, grabbed the attention of investors, and to date, the team has raised $2.8 million.
Over 12,500 users signed up for the hybrid exchange before its launch, and this can be attributed to its unique approach to implementing the best elements found in CEXs and DEXs.
Users of the Tradecurve platform are not required to complete any sign-up KYC checks and, as a result, do not need to worry about their personal information getting leaked, increasing the overall trust and appeal for the exchange for users who are privacy-conscious
In addition, Tradecurve provides access to both cryptocurrencies, as well as derivatives from a single account. Users can deposit crypto and then use the deposited crypto as collateral whenever they make trades. The team will also implement Proof of Reserves (PoR) to bolster transparency and enhance market confidence.
New users can access a dedicated Trading Academy or even copy the trades made by the best traders to get the highest chances of building a successful portfolio. Crypto trading veterans can get access to high leverage starting at 500:1 and can access automated trading through AI-driven bots that can help them optimize their portfolio and can save them a lot of time. At the heart of the exchange is TCRV. This cryptocurrency is used for governance and discounts and can even be staked, where users can get passive income as a result.
During Stage 4 of its presale, the cryptocurrency is offered at $0.018. At Stage 5, it will increase by 40% to $0.025, and with its current momentum, analysts believe it can spike by 100x at launch. The team estimates that they will be able to raise $20 million during the presale and onboard 100,000 users during the first three months of operation, further increasing confidence in the future of the project.
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