There’s nothing worse than seeing a project you’ve considered investing in go up in value. Nonetheless, this is common in the crypto market, with investors choosing to buy after a coin has already risen.
With Dogecoin and Tradecurve currently trending, investors are now wondering if these projects will live up to their hype. Tradecurve has already grown by 20% during its pre-sale, while Dogecoin rebounds with a 3% increase last week, suggesting both could. To help you decide, here’s a look at how each project performed in 2023.
Dogecoins is starting to rally, but will it fully recover?
Dogecoin is recovering after a month of general price decline. Despite outperforming many of its rivals, Dogecoin was still down 20.60% from April to May, although investors remain overwhelmingly bullish.
At the time of writing, Dogecoin’s daily trading volume has risen to $330 million after its peak day on May 15, when 650,000 Dogecoin transactions took place. Over the past week, Dogecoin has also increased its price by 3.05%, with one Dogecoin selling for $0.07425 at the time of writing.
Analysts and investors are now anticipating a Dogecoin rally, as the price of Bitcoin has also risen over the past five days. If current trends continue, Dogecoin could be a good investment to make for investors looking to profit from it in the short term.
That being said, the long-term potential of Dogecoin has been questioned by some experts due to its lack of usefulness. Although Dogecoin is now accepted by hundreds of retailers worldwide, the development team has yet to announce any updates, which has created doubts about future Dogecoin returns.
Tradecurve expected to rise 50x during presale
Tradecurve is one of the most exciting new projects in the market. Designed to combine the best of traditional exchanges with their decentralized counterparts, Tradecurve offers everything an investor could need in a single platform.
Its hybrid exchange allows traders to buy traditional and DeFi assets without the need to pass KYC checks or provide personal information. Instead, investors can remain anonymous while trading by simply connecting and disconnecting external wallets to purchase assets.
Over the next few years, Tradecurve aims to become one of the top 3 global trading platforms, surpassing Coinbase and Binance in offering borderless trading regardless of investor location.
In addition to its exchange, Tradecurve will offer three features to help investors maximize their trading returns. The first is an AI trading system proven to boost investors’ portfolios. The second is a copy trading feature, where investors can copy and learn from the best traders in the market. Both of these are accessible for a small fee which is discounted for TCRV token holders.
Tradecurve’s latest feature is a comprehensive trading academy designed to support both new and experienced traders. In the academy, investors can interact with guest speakers, network with peers, and learn how to trade from leading market experts.
Tradecurve tokens, which will offer discounts, staking opportunities and VIP status, are selling fast during the second stage of the Tradecurve presale. A token sells for $0.012 and should increase in value 50x before the end of the Tradecurve presale. Given its potential, some analysts believe that Tradecurve could replicate the success of Binance, which started its ICO at $0.11 in 2017.
For more information on $TCRV presale tokens:
This is a sponsored post. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer crypto assets.