[ad_1]
Shiba Inu has earned a reputation as one of the biggest meme coins in cryptocurrency due to a large community, massive price spikes, celebrity endorsements, and viral social media trends. However, over the past few months, the meme coin has struggled with the price of the SHIB token falling to new lows. On the other hand, the buzz that was behind Shiba Inu has shifted to a new hybrid exchange, Tradecurve.
Shiba Inu continues tough time as bulls lose momentum
When Shiba Inu launched in August 2020, the cryptocurrency market was in a bull cycle, with little competition in the meme coin space. However, things have changed in 2023, with a declining market and an endless release of meme pieces, increasing competition for Shiba Inu.
These macroeconomic factors forced Shiba Inu (SHIB) to experience one of its most difficult seasons since its launch. In the last seven days the price of the Shiba Inu has fallen by 17% and as much as 25% in the last 30 days. Shiba Inu is struggling to stay afloat as the coin has been trading below a descending trendline since February as bulls failed to hold several critical support levels.
However, the future doesn’t look so bleak for Shiba Inu. The Shiba Inu Team launched its testnet in March, and on-chain data shows the platform has grown in popularity. Lookonchain reported that the number of transactions on the Shiba Inu testnet exceeded 20 million in just three months after its launch to purchase over 5 trillion SHIB tokens worth $35 million. These are signs that the momentum is returning to Shiba Inu, and a price spike could be right around the corner.
Meet Tradecurve, the new hybrid exchange that’s got crypto adherents buzzing
Things are slightly different in the decentralized finance space, as a new hybrid exchange, Tradecurve, has managed to keep adherents buzzing with its performance in the crypto bear market. Defying the bearish trend in the crypto market, the price of the native Tradecurves token, TCRV, rose 50% in May, and analysts predicted another 25% price rise over the next week.
Although there are several hybrid exchanges in the DeFi space, Tradecurve has managed to capture the attention of major industry players as the first project to build an all-inclusive trading platform where users will finally have the ability to trade a wide range of instruments including forex, stocks, options, ETFs and commodities from a single account. They can trade all of these assets using cryptocurrency as leverage to make things more interesting.
Trading on the platform will also outpace the competition, as Tradecurve implements powerful trading terminals, low latency, super-fast order execution and extremely low trading fees and spreads. The third stage of the Tradecurves presale is almost sold out and users have a great chance to grab the remaining tokens at a low price of $0.015 per token.
Visit the links to get more information about Tradecurve and the TCRV token:
Click here for website
Click here to buy TCRV presale tokens
Follow us Twitter
Join our community on Telegram
Disclaimer: This is a sponsored article, and the views contained therein do not represent those of ZyCrypto nor should they be attributed to it. Readers should conduct independent research before taking any action related to the company, product, or crypto projects mentioned in this article; nor can this article be considered as investment advice.
|
Sources 2/ https://zycrypto.com/this-new-hybrid-exchange-has-holders-buzzing-even-as-crypto-majors-like-shib-go-through-a-rough-patch/?amp The mention sources can contact us to remove/changing this article |
[ad_2]