Shiba Inu’s (SHIB) burn rate is up, as the community awaits Shibarium. Dogecoin (DOGE) faces being classified as a security if the SEC succeeds in its course. Experts are still more bullish on this new hybrid exchange Tradecurve with no KYC and access to all markets in one account.
>>Register For The Tradecurve Presale<<
Shibarium + Shiba Inu (SHIB) Burn Rate Increase
Shiba Inu’s (SHIB) burn rate is up 3,808% over the past 24 hours, with a total of almost 509 million SHIB taken out of circulation. The burn rate introduces scarcity to the network, which, combined with growing demand, is meant to increase Shiba Inu’s price. With the Shibarium update coming in August and the burn rate soaring, Shiba Inu’s price might be set up for a rally.
At the time of writing, Shiba Inu trades at $0.00000837, holding above support at $0.0000075. If events in the coming month meet the market’s expectations, Shiba Inu’s price should benefit greatly.
Dogecoin (DOGE) on the Edge?
As we know, Musk supports the future integration of Dogecoin (DOGE) as a payment solution, and the market is undeniably heavily influenced by the tweets of Elon Musk. However, price action has shown significant downward movement, with Dogecoin’s price dropping more than 80% since April 2021 to trade around $0.064.
With Dogecoin facing being classified as a security, the SEC is in the driver’s seat, and if they succeed in their course, it might be the end for the meme coin. Dogecoin’s price is still in a consolidation phase and hovers around the same level as June last year.
Musk’s acquisition of the social media giant Twitter has significantly helped the meme coin regain some territory. However, so far, traders are still waiting for more bullish catalysts for Dogecoin.
Innovation Unifies Financial Markets With Tradecurve (TCRV)
Tradecurve (TCRV) offers a hybrid trading exchange that provides access for users to trade cryptocurrencies, stocks, forex, and commodities in a seamless trading environment. Benefits include deep liquidity, fast execution, and anonymity.
Tradecurve brings access to cryptocurrencies as well as traditional financial instruments, including stocks, commodities, indices, options, and more. This enables traders to diversify from a single account.
Tradecurve’s DeFi capabilities ensure privacy and anonymity, transparency, and data security. Tradecurve removes traditional barriers, in order to provide financial services for anyone with no KYC required.
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— Tradecurve (@Tradecurveapp) July 22, 2023
Traders can deposit cryptocurrencies as collateral for trading, which provides accessibility and a user-friendly experience. Tradecurve has multiple trading tools and educational resources for traders to benefit from.
The algorithmic trading systems integrated with AI help to implement new strategies easily. The Tradecurve Metaverse Trading Academy empowers traders to enhance their skills and improve their performance.
Tradecurve is still in the presale, and TCRV is currently trading at $0.025. The Tradecurve token is estimated to have another 4200% growth in the presale alone, and analysts are projecting a possible 100x return once it is listed on major exchanges due to the high potential of the unique architecture behind Tradecurve.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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