Almost 80% of holders of the Chainlink cryptocurrency are currently experiencing massive losses, and whales have been letting go of some of their holdings. Additionally, more LINK holders could fall into further losses if they do not diversify quickly. One of the most notable altcoins to grab their attention for diversification is Tradecurve, and today we will go over why.
Why Chainlink Holders Want To Diversify
Holders of Chainlink have been facing numerous challenges, as a majority of them have experienced losses in regard to their balance, according to data from IntoTheBlock. A popular multichain token holder with over 36,100 followers known as Katherine_XBT on Twitter, shared that over 80% of LINK holders are at a loss, and the last time they experienced similar momentum was in December of 2022 when its price dipped under $6. Moreover, the holder also noted that this might be an indication of a potential market bottom.
On May 27, 2023, Chainlink’s native cryptocurrency, LINK, traded at $6.36. In the last 30 days, LINK saw a decrease in its value by 10%. In the last 24 hours alone, Chainlink has been down by 2.1%. Fears for its future have prompted investors and traders to begin diversifying, and one altcoin that has caught a lot of attention is Tradecurve.
How Tradecurve Gained The Attention from Investors and Traders
Tradecurve has gained a lot of attention from investors and traders, TCRV is the utility token behind the exchange. Tradecurve does things differently when compared to CEXs like Kraken, Coinbase, KuCoin, and others, as it does not require users to complete a KYC procedure and has some of the lowest fees in the industry. The team will also implement Proof of Reserves (PoR) in order to bolster transparency.
Every user has an opportunity to not just trade cryptocurrencies but to trade any derivative they want to, which breaks any barriers of entry and ensures that the exchange is truly borderless.
Some of the most notable features behind the platform include high leverage, starting at 500;1, and the ability to engage in algorithmic trading through the usage of artificial intelligence (AI). In addition, there will be a dedicated Trading Academy, where users will be able to learn everything they need to know in regards to trading.
The project is undergoing Stage 3 of its presale, where TCRV trades at $0.015, and the team predicts that it will onboard 100,000 new users to the platform within the first three months of its operation. Analysts are estimating that TCRV can climb in value by 50x during the presale and by 100x at launch.
TCRV had already grown 25% in the past week when it climbed from its Stage 2 value of $0.012, and it is clear that it is heading in a bullish direction. Investors and traders who want to get the most out of Tradecurve can get into the presale in order to experience the most significant returns.
Find out more information surrounding Tradecurve at the links below:
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