Under current market conditions, Polygon (MATIC), Aave (AAVE), and Tradecurve have captured investors’ attention. However, MATIC and AAVE have been eclipsed by the growth of TCRV, a new cryptocurrency.
This new crypto project is still in its presale, whose value has increased by 150% since launch. It has also raised over $4 million to date.
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Polygon’s (MATIC) NFT Trade Count Sinks
After witnessing an uptick in its NFT sales in the first half of 2023, Polygon (MATIC) has registered a decline in this key metric. According to experts, Polygon’s (MATIC) NFT activity increased largely because of the onboarding of projects like yoots. However, a decline in the number of sellers and buyers for Polygon (MATIC) NFTs has halted the network’s growth.
The data from CRYPTOSLAM has revealed that both the NFT trade count and trade volume on the Polygon (MATIC) network have sunk in the past week. These bearish events have taken a toll on the price of Polygon (MATIC). In the last seven days, Polygon’s (MATIC) market value has plummeted by 6%. Thus, Polygon (MATIC) is currently changing hands at $0.67.
Aave (AAVE) Records Significant Surge In Fees
Recently, the Aave (AAVE) protocol witnessed a significant surge in its fees. According to the latest data from ASXN, the fess on Aave (AAVE) on August 3 soared by 412% within a day. The Aave (AAVE) protocol generates money through fees when users obtain large uncollateralized loans that are repaid with interest.
Experts believe that the biggest reason behind Aave’s (AAVE) fee increase is the Curve Finance fiasco. Notably, Curve’s founder, Michael Egorov, recently started borrowing stablecoins on the Aave (AAVE) blockchain.
However, the data from DefiLlama has revealed that the total value locked (TVL) of Aave (AAVE) has fallen by more than 15% in the past month. Currently, Aave (AAVE) is changing hands at $65.33, following a drop of 12% in the last seven days.
Tradecurve Presale Shines Like The North Star
There are over 650 crypto exchanges that are operational across the world. However, none of them is as revolutionary as Tradecurve, which permits the trading of a plethora of assets, such as stocks, cryptocurrencies, Forex, OTC derivatives, and many more, through a single interface.
The most noteworthy feature of the exchange is the full control that traders have over their assets and account keys. Moreover, the platform does not implement any KYC requirements, which infringe on users’ privacy. On the other hand, KYC fulfillment is mandatory on platforms like Kraken and KuCoin. Besides, Tradecurve has incorporated 2FA security and a proof-of-reserves mechanism. An additional promising feature of the platform is the negative balance protection mechanism.
It has also institutionalized the Metaverse Trading Academy. It allows users to learn new strategies and techniques to help make profitable trades. TCRV is the platform’s native cryptocurrency. Its holders will receive deposit bonuses, staking rewards, and discounts on several services. By staking, the holders can yield additional income.
The presale phase of the platform is in stage 5, with over $4 million raised. A token is currently available at $0.025. The market projections suggest that its value will jump to $0.50 during the presale round, and $1.0 by the end of 2023. Additionally, only 40% of the total tokens will be available during the presale round. So, you need to hurry before all the tokes get sold out.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official