Blockchain-based projects, especially when starting out, feature utility tokens that are not worth too much more than a few cents, and the goal of these projects is typically to get as much funding as possible in order to expand their ecosystem. Over time as they accumulate a user base, popularity and make technological advancements, the value of their utility tokens increases.
Historically, many investors have made capital gains by investing in projects during their early days or presale periods, which have managed to increase to $1 and much higher above, such as the case with Binance and its ICO, where it traded at just $0.15 and is now worth $305.78. However, today we will be looking at two other projects that have the potential to reach that value point, and those projects include Shiba Inu and Traduce.
Shiba Inu and Its Push Towards $1 Over The Next Decade
Shiba Inu is one of the most notable meme coins in the blockchain industry and features a vast ecosystem. From The Shibarium Network, a Layer-2 solution that is being developed, to SHIB – The metaverse project, its own ShibaSwap exchange, and the BONE, LEASH, and TREAT altcoins, the project has a lot going for it in regards to technological advancements and growth opportunities.
However, when we go over its value, as of May 25, 2023, SHIB trades at just $0.00000850. In the last 30 days, it decreased by 17.1%, and in the last week, it dropped by 3.6%. SHIB Does have the potential to reach $1. However, this might not occur throughout the next decade.
How Tradecurve Can Change DeFi Forever and Reach $1 at Launch
Unlike Coinbase, Bybit, OKX, KuCoin, Huobi, and others, which require KYC verification, have high fees, and are exclusive to crypto, Tradecurve enables a complete level of freedom, privacy, anonymity, and borderless access to its services.
On top of Tradecurve, users are not required to complete a KYC procedure. Instead, they can just deposit cryptocurrencies and begin making trades by using them as collateral. During its Stage 2 presale, TCRV trades at $0.012.
At Stage 3, it will increase to $0.015, indicating a 25% increase. Other unique features that help Tradecurve differentiate itself include high liquidity, starting at 500:1, a VIP account system, negative balance protection, and a dedicated trading academy that will teach any newbie everything they need to know.
This will make the hybrid exchange a lot more accessible and appealing to those new to the Web3 space, and as they get more comfortable, they can even use AI and algorithms to trade.
The team will implement Proof of Reserves (PoR) and aims to generate $20 million during its presale while also onboarding 100,000 customers during the first three months of operation. Due to this, analysts have predicted that the TCRV token can climb 100x at launch, which means that the cryptocurrency can reach $1 after it launches.
Learn more about Tradecurve and its utility token TCRV here:
Click Here To Buy TCRV Presale Tokens
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