Cardano Price Prediction - Aave Looks Gloomy, Tradecurve The First Choice For Traders
Although the overall market sentiment is showing a bearish bias, investors are overwhelmingly investing in Tradecurve’s presale. Experts have a positive take on TCRV, whose presale is almost sold out.
Although the overall market sentiment is showing a bearish bias, investors are overwhelmingly investing in Tradecurve’s presale. Experts have a positive take on TCRV, whose presale is almost sold out.
On the contrary, long-standing projects like Cardano (ADA) and Aave (AAVE) have failed to make any impact lately.
Cardano (ADA) Rebounds After Huge Drop
Cardano (ADA) investors who suffered a massive sell-off a few days back, following the latest SEC lawsuit, have found a respite after the network’s founder reinfused hope and confidence in the community. Cardano (ADA) founder, Charles Hoskinson, has denied all the allegations made by the US SEC. The Cardano boss stated that ADA was not a security, and the SEC’s claims are inaccurate. After Hoskinson’s comments, Cardano’s (ADA) price jumped by 5% in a matter of hours. This comes as a relief for the Cardano community, which has witnessed a staggering 26% fall in the price of ADA since the SEC’s lawsuit against Binance and Coinbase. Consequently, Cardano (ADA) is currently trading at $0.28. However, experts advise practicing caution while investing in Cardano (ADA), as whales can trigger another massive sell-off if the regulatory actions intensify.
Aave (AAVE) Falls Despite New Updates
Despite expanding its ecosystem, Aave (AAVE) has not been able to prevent its price from falling. The exchange rate of Aave (AAVE) has plunged by more than 16% in the past month.
Therefore, the current trading price of Aave (AAVE) is $51.96, which is more than 92% below its peak of $666.86. Even the latest proposal regarding GHO stablecoin by Aave (AAVE) has not been able to make any significant impact on its price.
The proposal is aimed at allowing Aave (AAVE) users to mint tokens using collateral. Besides, the network’s ecosystem recently welcomed Enzyme Finance, which has started supporting Aave (AAVE) Version 3 liquidity tools. However, according to experts, the southward price movement of Aave (AAVE) has made investors wary of the project.
Tradecurve’s Bullish Presale Run Keeps Market Glowing
The number of crypto owners was around 5 million in 2016, and is projected to reach 1 billion by 2027. The rise in crypto users causes an increase in the demand for trading exchanges. A new trading platform, Tradecurve, is all set to meet this market demand.
The new Web3 exchange will enable users to trade in several markets, including cryptocurrencies, futures, Forex, equities, and more.
While centralized exchanges, like Robinhood and Binance, do not support the trading of any asset other than cryptos, and ask for users’ personal information during sign-up, Tradecurve supports all major investment instruments without any KYC checks.
It is a borderless and permissionless platform that can be used by anyone across the world. People just need an email address, and a digital wallet to execute trades on this platform.
TCRV will be the native token of the platform, with several benefits for its holders, such as exclusive deposit bonuses, staking rewards, and discounts on transaction fees.
The platform’s market popularity has stunned investors, with a roadmap for a $20 million presale raise. TCRV’s presale is currently in the fourth stage at $0.018.
Learn more about the Tradecurve presale below:
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