Shiba Inu and Dogecoin are on an upward trajectory; are meme coins back? TCRV to surge 40%
The cryptocurrency industry has witnessed a resurgence in the popularity of meme coins, with Shiba Inu and Dogecoin taking center stage. These meme coins, known for their unique community-driven nature and viral appeal, have experienced an upward price trajectory.
Additionally, Tradecurve, a potential blue-chip token now in its presale, is poised for a significant surge of 40%. Today, we will explore all of these developments in further detail.
Summary
- Shiba Inu sees a 24.7% increase in the last week
- Dogecoin jumps by 6.04% overnight
- Tradecurve’s presale value to jump by 40% soon
Shiba Inu (SHIB) sees a price increase
Shiba Inu, a prominent meme coin, has captured the attention of investors and crypto enthusiasts' attention. With its "doge-themed" branding and vibrant community, Shiba Inu has experienced a substantial rise in its price as it soared by 24.7% in the last seven days.
This Shiba Inu surge reflects the renewed interest in meme coins and highlights the potential profitability for investors who have seized this opportunity.
Shiba Inu is now up 11.54% over the previous 24 hours, trading at $0.000008194 with a market worth of $4.8B. The trading volume of Shiba Inu has also jumped by 123.89% in that same time, reaching $263,062,339. With its moving averages and technical indicators showing strong buy signals, Shiba Inu could see a further jump to $0.0000090 soon.
Dogecoin (DOGE) trades in the green
Dogecoin, another meme coin that gained widespread recognition due to endorsements from influential figures like Elon Musk, has also demonstrated a similar upward trajectory. In the last week, Dogecoin's value increased by 13%.
Bulls control Dogecoin as it now has a value of $0.06799 with a market cap of $9.5B, up 6.04% overnight. Further price increases are incoming as Dogecoin shows a bullish picture from a technical perspective, with all technical indicators in the green.
The resurgence of meme coins like Dogecoin and Shiba Inu can be attributed to various factors, including increased social media attention, celebrity endorsements, and overall acceptance and adoption of cryptocurrencies.
Tradecurve (TCRV) set to pump once more
While meme coins like Shiba Inu and Dogecoin dominate the spotlight, it is crucial not to overlook Tradecurve and its native token TCRV. This presale token has already given early buyers 80% of the gains.
Moreover, a 40% surge can be expected in the upcoming week for TCRV as countless investors are flocking to its presale. It is evident that Tradecurve's innovative features, such as its privacy- focused approach, advanced trading tools, and potential for high returns, make it an attractive option for investors.
While many traders worldwide are interested in the online trading market, plenty of issues, like lack of transparency and high commission fees, currently plague it. However, with its hybrid infrastructure model, Tradecurve will eliminate these obstacles.
Firstly, a Proof of Reserves (PoR) will be implemented - something that not even Coinbase or eToro currently possess. Providing verifiable proof that the institution holds the claimed amount of assets helps mitigate the risk of fraud, insolvency, or mismanagement. It assures customers that their funds are safe and accessible, fostering platform confidence and attracting more users.
Secondly, its decentralized nature will forgo any third-party mediators, bringing all asset control back to the traders and drastically lowering the trading fees. Lower fees incentivize more traders to participate, resulting in higher trading volumes and tighter bid-ask spreads. This increased liquidity benefits all market participants by providing a more efficient and accessible trading environment.
One significant difference between Tradecurve and its peers, such as Robinhood, is that Tradecurve will eliminate all sign-up KYC checks and allow traders to utilize cryptocurrency as collateral while trading all derivatives on one account. This indicates an entirely private trading environment where users can remain anonymous and do not have to create multiple accounts for different asset classes.
Users will also be privy to high leverage starting at 500:1, a copy trading feature allowing them to subscribe to experienced traders, replicate their trades, and more. Behind all these features will lie the TCRV token, which is now in Stage 4 of its presale and costs $0.018. But, when Stage 5 begins, a rise to $0.025 will come - therefore, those who buy it now will profit. With an expected 100x growth for TCRV when it launches and gets listed on a major CEX, Tradecurve may be the most promising investment option for 2023.
For more information about the Tradecurve presale:
