In the last month, Cardano and XRP have decreased in price. Despite analysts predicting that both projects should have increased, both have seen losses, causing some investors to sell their holdings. Meanwhile, Tradecurve is leaving Cardano and XRP behind and is on track to have increased by 50% during its presale by the end of May.
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Cardano Activity Hits A New High But Its Value Falls
TVL on the Cardano blockchain hit a new all-time high in 2023, reaching 500 million. This marks a growth of 91.9% in the last five months alone, making Cardano one of the fastest-growing blockchains in the market. This rise has been linked to projects like Minswap, WingRiders, Liqwid, and Djed, all of which have played a significant role in supporting Cardano’s recent expansion.
Although activity is on the rise, Cardano’s price performance has been less than impressive. In the last month, Cardano has decreased in value by 9.53% to $0.3581 at the time of writing, causing daily trading volume to drop to $151 million. With no signs of increasing in price, frustration is growing amongst Cardano holders, who have been waiting for a price increase for several months.
An XRP Ruling Is Expected In The Next Few Weeks
As much of the crypto community eagerly awaits a ruling for the XRP vs. SEC case, XRP price fluctuations continue to cause frustration among holders. After increasing to $0.54 in March, XRP has steadily declined, trading at $0.461 at the time of writing.
That being said, XRP’s daily trading volume remains extremely high, at $844 million. While this has decreased from over $1 billion just a few weeks ago, XRP remains the 7th most traded cryptocurrency in the world, suggesting that investors remain confident in XRP’s growth.
Should the ruling favor XRP, its value is expected to rise exponentially, making XRP a high-risk, high-reward opportunity for investors.
Tradecurve Outperforms Cardano And XRP With A 20% Increase
While growth throughout the crypto market has slowed down, Tradecurve’s price is on the rise. After increasing by 20% after stage one of its presale sold out, Tradecurve holders now expect a second price increase by the end of May.
Tradecurve is a decentralized hybrid exchange that looks to remove the barriers to entry to the investment market. Investors are currently limited on trading options based on their location, limiting their opportunity to profit. With Tradecurve, investors can trade traditional and DeFi assets anonymously with fast transaction times and extremely low fees, no matter their location.
As decentralized exchanges can be difficult for new investors, Tradecurve has created a trading academy to help users understand its platform as well as how to trade, read charts, and more. For more experienced trades, AI trading and copy trading subscriptions are available to help build their portfolios and take their knowledge to new levels.
Tradecurve’s TCRV tokens, which will be used for discounts, VIP account upgrades, and staking, are currently selling for $0.015 per token during stage three of the Tradecurve presale. Tokens are expected to increase to $0.018 by the first week of June.
On its current trajectory, Tradecurve will increase 50x during its presale, after which analysts believe it could increase an additional 100x. In the process, Tradecurve would outperform not just Cardano and XRP, but also become one of the market’s highest return projects.
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