The cryptocurrency market has been experiencing notable shifts recently, where selling pressure has resulted in the loss of value surrounding many digital assets. Recently, Near Protocol (NEAR) And Huobi Token (HT) have begun losing investors even despite their latest partnerships and developments. But not all is lost, as Tradecurve, a hybrid exchange that combines the best elements of CEXs and DEXs, has begun accumulating a lot of interest as it offers bullish returns.
Near Protocol (NEAR) And Its Recent Performance
The NEAR Foundation partnered with Alibaba Cloud to accelerate the adoption of Web3 technologies in Asia. Alibaba Cloud is the Chinese tech giant’s arm for computing and storage. This partnership was established with the intention of attracting more developers to build on top of the NEAR Protocol.
Despite this announcement, Near Protocol is still in the red zone. As of June 27, 2023, Near Protocol trades at $1.48. Within the past week, Near Protocol saw its low point at $1.24, while its high point was at $1.60. During the past 30 days, Near Protocol is down 10%, while in the last 24 hours, it decreased by 7.8%. With this in mind, it is clear why Near Protocol has begun losing investors.
Huobi Token (HT) And The Reason It’s Losing Investors
The Huobi Token also showed a similar pattern with its recent decline. On June 27, 2023, Hobi Token traded at $2.72. During the past week, the low point for Huobi Token was at $2.58, while the high point was at $2.78.
During the past 30 days, Huobi Token decreased in value by 17.6%. With all of these on-chain stats analyzed and taken into consideration, the future of Huobi Token is volatile and might not result in the expected returns investors have. As a result, many have begun diversifying away from Huobi Token and have looked at upcoming projects.
The past few weeks have been amazing for the #Tradecurve project and community. 💎
We have over 12,000 users who have signed up for the presale, 4,400 holders, and have raised over $2.7 million. 🔥
For a LIMITED time only, the team is offering a 50% deposit bonus.
— Tradecurve (@Tradecurveapp) June 26, 2023
Why Tradecurve is Expected to Surge in Value
After the lack of interest in Near Protocol and Huobi Tokens, other projects gained attention. One of these projects is Tradecurve, a hybrid exchange that offers a unique proposition by combining derivatives and crypto trading within a single platform. The innovative approach has garnered a lot of attention from traders as it is in a position where it can dominate the industry.
While CEXs like OKX, KuCoin, Kraken, and others require users to complete mandatory KYC requirements, have high fees, and are exclusive to trading crypto, Tradecurve differentiates itself by eliminating all sign-up KYC checks and by ensuring an entirely private trading platform.
Each user is able to create an account, deposit crypto, and then use that crypto as collateral in order to start trading derivatives on top of the platform. Anonymous trading is essential in the minds of a lot of investors, but so is transparency, and as a result, the team will be implementing a Proof of Reserves (PoR) system to bolster confidence.
In addition, there are features such as high leverage, starting at 500:1, negative balance protection, trading bots that utilize AI to make efficient and quick trades, a VIP account system, and specific bonuses, all of which place Tradecurve in a position where it can capture a significant share of the crypto trading market.
At the heart of the operations on the exchange is the TCRV native token, which can bring holders perks, such as access to VIP status, passive income through staking, governance voting rights, and the ability to get discounts on subscriptions. Currently, one TCRV token costs just $0.018 as it is at Stage 4 of its presale, and there is a 50% bonus until July 3, 2023.
However, as it advances, the price will become higher. With predictions from market analysts estimating that TCRV could surge by 100x after its launch, following its listing on Uniswap and other Tier-1 CEXs, now marks a solid point in time to purchase this potential blue-chip token for investors who want to make significant gains.
Discover more about the Tradecurve cryptocurrency below:
Buy presale: https://app.tradecurve.io/sign-up
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