Real-world utility tokens are a hot topic in the crypto arena, and some of them have exploded in 2023. The most profitable cryptocurrency in 2023 is Tradecurve, a new project that is in its presale phase. On the other hand, meme coins like ApeCoin (APE) and Dogecoin (DOGE) have shown discouraging performances.
Tradecurve’s enormous and long-term growth potential has attracted market whales who have poured in millions to buy its presale tokens.
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ApeCoin (APE) Tumbles To A New Low
Despite the signs of market revival, ApeCoin’s (APE) challenges are only getting severe. The market value of ApeCoin has fallen to a new low of $1.93, which is 93% below its all-time high of $27.51.
In the past 30 days, ApeCoin has lost more than 30% of its value. This massive price drop has prompted more ApeCoin holders to sell their tokens before suffering any further loss. The latest data from IntoTheBlock has revealed that 97% of ApeCoin holders are currently experiencing losses.
According to experts, a massive decline in the transaction volume of ApeCoin has been the primary reason behind its recent fall. By market capitalization, ApeCoin currently stands on the 58th position.
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Dogecoin (DOGE) Loses Market Attraction
The Dogecoin (DOGE) ecosystem has been losing its appeal for the past many weeks. According to experts, both internal and external factors have kept Dogecoin in the red zone.
While increasing competition due to the rise of other meme coins like PEPE and FLOKI has hurt Dogecoin externally, a lack of development activity on the network has hurt it internally.
Santiment’s latest data has revealed that the development activity of Dogecoin has tumbled by 45% in the past week. Subsequently, the price of Dogecoin has also plunged. The exchange rate of Dogecoin has nosedived more than 5% in the past seven days. At the time of writing, Dogecoin is changing hands at $0.0644.
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Tradecurve Takes A 50x Growth Flight During Presale
Coinmarketcap’s data suggests that there are more than 640 crypto exchanges in the world. However, they all seem dwarf before a newly-launched platform. Tradecurve (TCRV) has introduced a one-of-a-kind exchange. It is a blockchain-based comprehensive exchange that enables the trading of stocks, cryptocurrencies, Forex, futures, and other derivatives.
It has garnered a lot of market attention owing to its top-notch features, such as the low transaction fees, multiple investment options, and absolute transparency. Moreover, it enables people to trade multiple assets with a single account. As per market analysts, the platform’s value can climb by 50% during its ongoing presale round, and by 100% in the next six months.
The platform is committed to resolving privacy concerns. Here, all users can trade anonymously, and enjoy full control over their assets and private keys. The platform has not implemented any KYC checks. It is quite the opposite of other exchanges like Bakkt and KuCoin, where users are asked to share personal data.
Additionally, its Metaverse Trading Academy will enable users to undertake courses, and learn more profitable strategies. Stage 4 of the platform’s presale is live, and over 65% of its tokens are sold out. During these initial four stages, the price of a TCRV token has traveled from $0.01 to $0.018, an 80% increase within a few weeks.
To find more information about Tradecurve and the TCRV token, visit the links below:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official