Cardano has become one of the fastest growing DeFi ecosystems in 2023. New projects like Lance Wallet and Hydra have helped Cardano gain new traction, while the Minswap protocol continues to push the Cardano ecosystem to new highs with a market share of 29.84%
While Cardano continues to grow, Tradecurve is set for a 50x surge in its presale, with stage two selling out before the end of May and the price increasing by 30%.
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Cardano TVL Is Up But It’s Price Continues To Decline
The total value locked (TVL) on Cardano has grown by 91.9% in 2023, making Cardano one of the fastest growing blockchains. The project recently hit a new milestone of 500 million locked ADA, equivalent to around $186.18 million. In the last month alone, Cardano’s TVL has surged an additional 8%, showing that this growth continues to remain steady.
While an increase in TVL usually triggers a rise in price, Cardano’s value is yet to replicate its growth. In fact, Cardano’s native token, ADA, has decreased by 9.92% in the last month. At the time of writing, Cardano was trading at $0.3578, a 3.6% decline in the last week alone.
Due to its price decline, Cardano’s trading activity has also been relatively low. Despite being ranked the 7th largest cryptocurrency by market cap, Cardano is ranked 19th in terms of daily trading volume, with $151 million being traded daily.
Tradecurve Outperforms Cardano With A 20% Surge
Tradecurve is one of the fastest growing projects in the DeFi space, having already sold over 50 million tokens during stage two of its presale. Tradecurve showcases a unique hybrid exchange designed to remove traditional barriers to entry while offering deep liquidity, anonymous trading opportunities, and fast execution.
Tradecurve is the first decentralized exchange to offer traditional assets, including stocks, forex, and commodities, using crypto as collateral. To purchase assets, investors can connect an external wallet, deposit crypto, make a trade and disconnect without ever needing to undergo a KYC check.
While its decentralized trading opportunities are enough to entice many investors, Tradecurve has taken things one step further with its ecosystem.
When using Tradecurve, traders will have the opportunity to subscribe to AI and algorithmic trading bots, which have a proven track record of successful trades. Alternatively, they can subscribe to a copy trading feature in which investors can copy the trades and learn complex strategies from the market’s top traders.
If these features sound too complex, traders can also enjoy a metaverse trading academy where they can learn the basics of trading, such as how to read charts and how to build a profitable strategy.
TCRV tokens are currently selling at $0.015, though they will increase to $0.018 once stage three of the Tradecurve presale sells out. Investors are buying fast to capitalize on the project’s third price increase, which will equal a total return of 50%.
By the end of its presale, Tradecurve tokens are expected to have risen by 50x, making Tradecurve one of the most profitable and high-potential projects in the market.
For more information about the Tradecurve presale:
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