Dogecoin price grows, THORChain new feature push back bears, Tradecurve in the green

Numerous investors are abuzz about the recent exciting developments in the crypto market, as Dogecoin experiences price growth, THORChain introduces a new feature to counter bearish sentiment, and the Tradecurve presale demonstrates green signals. Let’s take a closer look into these developments and see how they may impact these projects.

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Summary

Dogecoin (DOGE) shows impressive price growth

Dogecoin, a cryptocurrency first developed as a joke, has recently attracted much attention and popularity. Despite its humorous beginnings, Dogecoin has seen a significant price increase, piquing the interest of numerous celebrities such as Elon Musk and Mark Cuban.

The Dogecoin value has increased by 1.7% in the last seven days, reaching $0.073834 at its weekly peak. Dogecoin also experienced a daily transaction surge of 8,220%, going from about 25,000 to a peak of 2.08M last Saturday.

Currently, Dogecoin is trading hands at $0.07165 with a market cap of $10B, a rise of 0.70% in the last 24 hours. The technical indicators for Dogecoin have also shown a buy signal which paints a good picture of its future.

THORChain (THOR) subdues bears with a new feature

THORChain, one of the most popular decentralized cross-chain liquidity protocols, has introduced a new feature that could push back bearish sentiment and enhance market stability – Lending. Lending will operate similarly to other decentralized money marketplaces, such as one of the first, MakerDAO, which runs on Ethereum, according to THORChain.

With THORChain Lending, borrowers may obtain loans with no interest, liquidation, or expiration in addition to borrowing collateral—a token or currency the platform has already incorporated. The new feature that will be implemented by THORChain demonstrates the protocol’s commitment to fostering a more resilient and balanced market environment.

Currently, THORChain has a value of $1.13 with a market cap of $374M, an increase of 0.74% in the past day alone. From a technical perspective, THORChain seems to have subdued the bears as all technical indicators are showing green, suggesting that this THORChain upward movement is bound to continue.

Tradecurve (TCRV) presale displays green signals

While THORChain and Dogecoin are currently major talking points, experts have also put attention on Tradecurve, which is now in its presale phase but has the potential to overhaul the online trading market completely. The borderless hybrid trading platform’s commitment to innovative features and privacy has caused its presale to see notable strides and show positive signs of growth.

Tradecurve will be a one-stop-shop for all those looking to trade all derivatives on one account but cannot due to geographical or regulatory limitations. On this Ethereum-based platform, privacy-conscious users will find that no sign-up KYC requirements will be needed since cryptocurrency assets will be used as collateral while trading. This is a significant divergence from traditional platforms such as Binance or eToro, which restrict freedom and require you to undergo lengthy KYC checks.

Both experienced and novice traders will be able to benefit from Tradecurve as it will implement a variety of features, including access to high-leverage products starting at 500:1, a social trading aspect where users may copy trades from other traders by subscribing to them, and a VIP account service. Tradecurve will also offer institutional-level liquidity while remaining decentralized and providing traders with all assets and key control.

The TCRV utility token will be the cornerstone of this platform and its features and is currently offered for just $0.015. This Stage 3 presale price is a 50% increase from its starting price of $0.01, and experts predict it will not stop here.

When the presale advances to Stage 4, a price increase to $0.018 is in store – causing analysts to forecast a 50x increase by the time the presale ends.

And given that Tradecurve plans to onboard 100,000 users within its first three months of operation, the hype behind the TCRV token will continue with a Uniswap or another Tier-1 CEX listing awaiting it after its launch.

Because of this listing, a 100x increase is not out of the question, so follow the links below and purchase a potential blue-chip token with excellent long-term growth potential.

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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