The crypto market is ever-evolving, and while some cryptocurrencies saw a bearish run, others remained stable, and some even managed to increase in value.
Litecoin, for example, has maintained its stability even after a majority of other coins collapsed, and Cardano is expected to experience a rebound. Tradecurve surged by 25% in the last week and is expected to reach this same level of growth by the end of June as well.
Litecoin and Its Stability In The Market
As other altcoins fell, Litecoin managed to largely maintain its value. As of June 11, 2023, Litecoin trades at $78.22. In the last 24 hours, the low point for Litecoin was at $75.33, while its high point was at $78.67.
While Litecoin is still far away from its all-time high reached in 2021 at $410.26, it has managed to keep its 30-day levels consistent. Within the last 30 days, Litecoin saw a decrease of just 1.2%, and in the last 24 hours alone, its value increased by 1.7%. What this means is that its value is stable and experiencing a point in time of stagnation, where it is neither dipping nor spiking.
Cardano to Experience a Rebound in Its Value
Market experts spotted numerous on-chain activities behind Cardano that could result in its value experiencing a price rebound. Data from IntoTheBlock indicates that there has been a surge in the number of large transactions recorded on top of Cardano.
Based on the report, large Cardano transactions over $100,000 amounted to $2.5 billion in the past week. The increased market participation of whales within the Cardano ecosystem showcases that there is interest in pushing the value of the cryptocurrency even higher up.
With that in mind, Cardano traded at $0.268792 on June 11, 2023. Its low point was at $0.237585 in the last 24 hours, with its high point at $0.279686. Furthermore, in the last 24 hours, Cardano grew in value by a total of 12.9%, indicating that it is heading towards a green zone and could reach a bullish run if it maintains its current momentum.
Tradecurve Expected to Surge 25%
Experts in the crypto market are also bullish about Tradecurve, a new altcoin that has gained the interest of numerous investors because it establishes an efficient solution to limited market opportunities and restricted trading for many users on centralized platforms. Traders on a global scale are required to open numerous accounts on different trading platforms in order to begin accessing forex, commodities, options, CFDs, crypto, or anything else they want to trade.
Tradecurve, on the other hand, ends all of this by creating an all-in-one platform that's inclusive for everyone and where users can trade any derivative alongside cryptocurrencies from a single account. Investors unanimously agree that the ease and variety that the platform has on offer will aid it in growing popular among investor circles in and outside of the Web3 space.
Furthermore, with systems such as AI-powered trading bots that can optimize a user's portfolio to high leverage starting at 500:1, and a VIP account system, there is a lot on offer by the platform. Tradecurve is currently undergoing Stage 3 of the presale of its utility token, TCRV. During this time, one token sells for $0.015, and is primed to reach a growth of 25% by the end of the month.
Analysts also predict a 50x increase in value during the presale, with a 100x increase when it gets released to the general population and gets listed on Tier-1 exchanges and on Uniswap. The project is also on track toward raising $20 million from investors, and the team estimates that they will onboard 100,000 users within the first three months of operation.
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