Cardano price plunges, Dogecoin showing red charts and Tradecurve surges 80 percent
The price of the Cardano and Dogecoin cryptocurrencies has left much to be desired by investors, as they have plummeted and have entered the red zone in regards to their value.
The price of the Cardano and Dogecoin cryptocurrencies has left much to be desired by investors, as they have plummeted and have entered the red zone in regards to their value. This bearish market trend has left many worried about the future of the entire industry, but an upcoming project has proved that this is not the case.
Tradecurve has surged with flying colors, as it managed to grab an increase of 80% on the monthly chart. We will go over all of these cryptocurrencies to see why some have fallen and why TCRV has risen.
The Value of the Cardano Cryptocurrency Has Plunged
As of June 16, 2023, the Cardano cryptocurrency traded at a value of $0.25807. While Cardano was at one point one of the most popular and high-growing altcoins, in the past week, it has showcased bearish performance, and its price has plunged. The low point for the cryptocurrency was at $0.238477, while the high point was at $0.320748.
This gives us an indication that the cryptocurrency decreased in value by 19.5% during the week, and Cardano also fell by a total of 29.7% during the past month. The all-time high for Cardano was on September 2, 2021, when it reached $3.09. This indicates that Cardano is now 91.64% lower in value when compared to its all-time high point
Dogecoin Enters the Red Zone According to Its Charts
Dogecoin is the most famous meme-based cryptocurrency that gained a significant level of attention from investors ever since it was released. It brought a less serious tone to crypto and was used by users for tipping content creators due to its low transaction fees. As of recently, however, Dogecoin has entered the red zone.
When we look at its charts, it's in the red zone, where the cryptocurrency was at one point during the week worth $0.062065, and it then fell to $0.060592. On June 16, 2023, Dogecoin traded at $0.061525. In the past 30 days, Dogecoin has been down by 15.9%, while in the last week, Dogecoin is down 11.6%. With this in mind, it is clear that the Dogecoin cryptocurrency has experienced a bearish trend, and investors are diversifying.
Tradecurve Sees a Surge of 80%
As the crypto market is in a bearish run, and both Cardano and Dogecoin face significant challenges to maintain their value, resulting in losses for a lot of investors, an upcoming project known as Tradecurve has done the exact opposite.
Tradecurve offers users decentralized access to cryptocurrencies and derivatives without KYC requirements. It removes many of the barriers of entry found in competing platforms, and unlike Binance, Kraken, OKX, and others, it does not charge hefty fees and does not restrict users from specific parts of the world. Furthermore, Tradecurve also bolsters transparency through Proof of Reserves (PoR) and offers advanced functionality through AI-driven trading bots.
The TCRV token provides utility within the ecosystem, from governance votes to passive income through its staking functionality, to enabling discounts on different subscription fees; just by holding the token, users in the ecosystem can get a lot of value.
This has been attributed to the rapid sale of TCRV, where Stage 3 of its presale recently finished, where 75,000,000 tokens were sold. Stage 4 has just begun with a price of $0.018, and in the last 24 hours alone, over 17,172,566 TCRV tokens have already been sold.
Discover a lot more about the Tracurve project below:
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