With the legal landscape throughout the crypto market in turmoil, both Cosmos (ATOM) and Toncoin (TON) have decreased in price over the past five days. This has caused trading activity for both cryptocurrencies to fluctuate dramatically, with some investors selling their holdings to minimize losses.
At the same time Tradecurve is thriving, having just increased in price by 25%. With more price increases on the way, investors are doubling down on their investments to maximize their returns.
Cosmos Falls Below $10
In the last five days the price of Cosmos (ATOM) has decreased by 13.73%. At the time of writing Cosmos was trading at $9.32, down from $10.8. This decline has caused Cosmos daily trading volume to decrease from $120 million to just $64 million as investors look for alternatives to minimize losses.
While these returns are bad news for investors, Cosmos continues to reinvest in its ecosystem despite price fluctuations. Cosmos has invested $5.3 million into its development company Informal Systems to help enhance the software created on Cosmos.
This could help to drive up the value of Cosmos in the long term. However, having decreased in value by 2.33% in the last 24 hours alone, some investors are now selling their Cosmos holdings to buy new projects like Tradecurve.
Toncoin Takes Action To Reduce TON Supply
Toncoin has quickly bounced back from its recent price decline, increasing in value by 1.69% in the past 24 hours. Toncoin is currently trading at $1.68 and the Toncoin ecosystem has also initiated a game-changing proposal to reduce the Toncoin supply.
Toncoin has implemented a real-time burn mechanism to burn 50% of all transaction fees. This would help to reduce the total Toncoin supply, which is currently 5 billion. This initiative is a huge change to the Toncoin ecosystem and aims to create a balance between network growth and reward distribution.
While we’re yet to see the effects of this new decision, Toncoin believes that TON validators will experience a change in their earnings, though validators will still keep half of all transaction fees.
Tradecurve Outperforms Market Trends With A 25% Rally
Tradecurve is attracting thousands of new investors daily as its presale becomes one of the fastest-selling in the industry. Tradecurve looks to provide an alternative solution to current exchanges, which are already losing investor confidence as a result of recent SEC lawsuits.
Tradecurve showcases the best of DeFi and TradFi with its unique hybrid exchange. As one of the first of its kind, Tradecurve’s exchange is expected to attract over 100,000 investors just three months after its release, solving many of the biggest issues currently faced by investors.
The trading platform is fully decentralized and can be used with just an email. No KYC checks or personal data are required. Furthermore, investors will be able to trade traditional assets and DeFi using crypto as collateral. While this is possible with some exchanges, all require KYC and background checks.
This decentralized trading will be supported by educational tools and subscriptions designed to help investors on their journey. Token holders will earn discounts on these subscriptions and will also be able to earn staking rewards.
TCRV tokens are trading at $0.015 and are predicted to 50x during the Tradecurve presale, with additional price surges predicted by experts once Tradecurve is available on tier-1 centralized exchanges.
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