In the recent cryptocurrency market rally, Fantom (FTM) and Toncoin (TON) underperformed. After increasing by 150% in the last couple of months, Tradecurve has onboarded thousands of new users bullish on the project.
Fantom DeFi TVL Drops Following Exposure To Multichain
Created to be a rival to Ethereum, Fantom (FTM) has largely failed to live up to expectations. In the last year, the TVL of the Toncoin crypto has fallen from $7.5 billion to $66.25 million. The recent collapse of its TVL follows the exploit of Multichain on July 6.
Multichain was a smart contracts platform storing all the private keys on a cloud server. The hack of Multichain led to the drain of several protocols in the ecosystem putting further strain on the Fantom price.
Fantom’s co-founder, Andre Cronje, has called it a big bust as the Fantom coin declines. The price of Fantom is down by 2.3% today and a massive 5.8% in the last seven days. With FTM declining in a bullish market, the Fantom price prediction is also bearish. According to experts, FTM could test the $0.2000 support from its current price at $0.2582
Toncoin (TON) Underperforms the Crypto Market
Toncoin (TON) was hyped as the next big thing in crypto, thanks to its connection with Telegram. From building the future of currency, the Toncoin crypto has struggled to keep up with developments in the crypto space. As a result, the Toncoin price continues to underperform the crypto market.
2023 has been predominantly bullish, but the price of Toncoin has collapsed by 43%. The TON price currently stands at $1.34. Toncoin is down from its all-time high by 78% and has shown no signs of slowing down its decline. The declining Toncoin value has led to thousands of investors moving to Tradecurve for higher return opportunities.
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Tradecurve Onboards Over 18,000 Seeking Higher Returns
While Fantom and Toncoin have been bearish, Tradecurve has been one of the most bullish cryptos in the last couple of months. The price of TCRV has shot up from $0.010 to as high as $0.025.
As a result, initial backers have seen a gain of 150% on their purchase. This strong bullish momentum has attracted a wave of new investors seeking higher returns.
In the last two weeks, Tradecurve has onboarded more than 17,000 new users. These new users are just in time for the next price jump of TCRV.
Based on its bullish trajectory, the price of TCRV is expected to increase by 40% within the next week. As a consequence, the price of TCRV will set a new high at $0.029, making it one of the most profitable crypto projects this year.
For more information about the Tradecurve (TCRV) presale:
Buy presale: https://app.tradecurve.io/sign-up