- Despite the popularity of meme coins Shiba Inu and Dogecoin, experts predict the newcomer Tradecurve could become a potent force in the DeFi sector.
- With Shiba Inu’s trading activity rising due to whale movements and Dogecoin surging by 9%, Tradecurve’s latest presale is almost sold out, indicating its potential to disrupt the market.
Renowned cryptocurrencies Shiba Inu (SHIB) and Dogecoin (DOGE), known for pioneering the meme coin market, are currently witnessing a potential contender for the throne – Tradecurve (TCRV). Amid the backdrop of Dogecoin’s development stagnation and Shiba Inu’s consistent postponements, blockchain mavens are keenly watching Tradecurve’s ascension in the DeFi realm.
Shiba Inu in Spotlight After Whale Stir
Within the last 24 hours, Shiba Inu’s (SHIB) value surged by 6.93%, reaching $0.00000798. This surge was induced by a whale movement on the 13th of July, where a holder possessing an astounding 101.47 trillion Shiba Inu tokens dispersed their holdings into 23 distinct wallets. These tokens, worth $756 million, constituted over 10% of the total Shiba Inu supply.
This large-scale activity propelled a significant 194.61% boost in Shiba Inu’s daily trading volume, culminating at $216,716,874 on July 14th. Concurrently, Bitrue initiated a unique Shibarium staking pool, a strategic move to fortify the Shiba Inu ecosystem, providing an annual percentage yield of 10% as an enticing incentive for investors.
Dogecoin Bounces Back Strong
Dogecoin (DOGE), in the last 24 hours, experienced an impressive 9.56% value augmentation. This was prompted by a judiciary verdict announcing that XRP’s sale did not infract federal securities laws, leading to a positive ripple effect across the market. Dogecoin, prior to this uptick, was already on a bullish trajectory.
Post this overnight surge, Dogecoin’s value has increased by 15.01% in the past month, reclaiming its value prior to the June dip. This uptick also led to a substantial 353% elevation in Dogecoin’s daily trading volume, pegged at $756,166,503. This resurgence has instilled renewed confidence within the Dogecoin community, a much-needed boost after concerns over the coin’s stagnant development.
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Tradecurve: The New Contender on the Block
Tradecurve (TCRV), an emerging player, has gained impressive traction in the DeFi landscape. Stage four of its presale has seen over 73% tokens sold, with the token price slated to increase from $0.018 to $0.025 post-sale. Tradecurve hit a new high recently, predicting total returns ranging from 80% to a staggering 125% for early investors.
Tradecurve’s distinctive appeal lies in its hybrid exchange model that amalgamates derivatives and cryptocurrency, all accessible from a single decentralized account. The platform bypasses the traditional KYC checks, instead allowing investors to trade derivatives using their cryptocurrency as collateral. Furthermore, it fosters decentralized, self-custody wallets, which could potentially revolutionize the investing arena.
The potent combination of these features, coupled with Tradecurve’s surge in popularity, has led experts to predict that it could outshine meme coins like Shiba Inu and Dogecoin in the near future.
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