Although there are innumerable cryptocurrencies in the market, only a few have been able to attract investors in the last few months. Ethereum (ETH), Bitcoin (BTC), and Tradecurve (TCRV) are the leading cryptocurrencies at present.
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Ethereum (ETH) Gas Fees Skyrockets
Although congestion on the Ethereum (ETH) network has reduced, it has witnessed an increase in its gas fees. As per the latest on-chain data, fees generated by the Ethereum blockchain have increased by more than 57% between July 3-7.
The data from IntoTheBlock showed that the Ethereum blockchain made around $47 million during this period. The data revealed that a new token, VMPX, accounted for 18% of the total gas fees on Ethereum. VMPX serves as a bridge liquidity token that connects the Bitcoin (BTC) and Ethereum blockchain.
However, the price of Ethereum is yet to respond positively, as it has slid by 3% in the past week. Currently, Ethereum is changing hands at $1,861.95. Ethereum is expected to surge to $2,100 by the end of 2023, if the bull market persists.
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Bitcoin’s (BTC) Transaction Volume Increases But Miner Revenue Falls
The report card of Bitcoin (BTC) for the last few months has revealed some mixed data, with several ups and downs. Subsequently, the price movement of Bitcoin (BTC) has also struggled to maintain balance.
While Bitcoin is down by 1% on the weekly chart, it is up by 14% in the past month. At press time, Bitcoin is changing hands at $30,326.68. Meanwhile, the data from TheBlock has revealed that the miner revenue of Bitcoin has seen a decline on a month-over-month basis.
This has come despite Bitcoin witnessing an increase in on-chain transaction volume. The data suggests that Bitcoin’s on-chain transaction volume rallied by 24% between May and June.
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Tradecurve Overtakes Market Titans With Historic Presale Growth
The trading of cryptocurrencies has become a mainstream practice, and more people are joining the industry every day. Subsequently, the number of crypto owners is expected to reach 1 billion by 2027, as the profitability and revenue of the industry are soaring.
To facilitate crypto trading, Tradecurve (TCRV) has launched a new all-in-one exchange. It is a comprehensive trading platform that has disrupted the entire industry.
It allows people to diversify their investment portfolio without the hassle of using multiple platforms. The platform allows users to trade several derivatives, such as forex, futures, bonds, and more, using cryptocurrency as a payment method.
Moreover, its privacy features sets it apart from other platforms like Coinbase and Binance. This exchange has not incorporated any KYC procedure, and traders just need an email id to create a trading account.
It is loaded with several features, and its native crypto is TCRV, which has been developed on the Ethereum blockchain. The platform offers level-up bonuses, high leverage starting from 500:1, a VIP account service, negative balance protection, and more. Its ecosystem will also have the Metaverse Trading Academy.
The fourth stage of TCRV’s presale is ongoing, and a token is available to lock at $0.018. It is expected that the market value of the token will increase to $0.50 before the end of the presale phase.
Market gurus believe that the platform will raise more than $20 million during its presale. After the presale phase, the tokens will be available on Uniswap, and other leading tier-1 exchanges.
For more information about the TCRV presale:
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