Due to this behavioral shift, the presale of Tradecurve (TCRV) has become immensely popular. Analysts have projected it to become one of the most profitable cryptocurrencies in history. It has infused optimism in the entire market, and dwindling projects like Ripple (XRP) and PancakeSwap (CAKE) are also hoping to see a revival.
The world of cryptocurrencies has undergone massive changes in the last few months. After suffering the 2022 market crash, investors have changed their approach toward the crypto industry. Now, they are willing to invest in projects with real-world utilities, and long-term growth prospects than the ones that offer short-term and riskier gains.
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Ripple (XRP) Secures License in Singapore
While the regulatory environment in the United States is getting hostile, Ripple (XRP) has been welcomed in Singapore. Recently, Ripple announced obtaining in-principle approval from the Monetary Authority of Singapore (MAS) to offer regulated digital payment token services in the country. Experts believe that it would increase the adoption of Ripple.
Besides, Ripple has been able to attract some investors in recent weeks. Subsequently, the market value of Ripple has soared by 9% in the past month. At press time, Ripple was available for $0.49. This has come at a time when the crypto world is expecting a verdict in the ongoing legal case between Ripple and the US SEC.
PancakeSwap (CAKE) Collabs With Mercuryo
Expanding its ecosystem, PancakeSwap (CAKE) has forged a strategic partnership with Mercuryo. Under this collaboration, PancakeSwap will utilize Mercuryo’s fiat-to-crypto gateway to enhance accessibility to digital assets.
This collaboration will allow users to directly purchase popular tokens via Mercuryo on PancakeSwap, using different payment methods, including bank cards, bank transfers, Google Pay, and Apple Pay. The news has helped PancakeSwap move upward on the price chart.
The exchange rate of PancakeSwap has surged by 8% in the past seven days. Currently, PancakeSwap is trading at $1.55. However, PancakeSwap’s Version 3 has been witnessing a decline in its users and transaction volume. This, according to experts, can hurt the price trajectory of PancakeSwap in the coming weeks.
Tradecurve Presale Ignites Bullish Momentum
According to the latest report by CoinGecko, decentralized exchanges have recorded a growth rate of 104.2% in the past six months. The primary reason behind this enormous rise is the steep decline of centralized exchanges due to regulatory and market conditions.
The latest turmoil caused by the lawsuit against Binance and Coinbase has made centralized exchanges unpopular. Thus, a new decentralized exchange, Tradecurve, has become a favorite among traders.
It is a new Web3-powered exchange that enables users to trade different assets with a single account. Here, no KYC procedure has been implemented to ensure the privacy and anonymity of traders. On the contrary, exchanges like OKX and MEXC require traders to submit sensitive information during sign-up.
Tradecurve (TCRV) functions on the proof-of-reserves mechanism, and will set up a Metaverse Trading Academy in the coming months. It also offers a VIP account service, which users can avail of using their TCRV tokens.
Stage 5 of the presale is live, and selling out rapidly. A token can now be purchased at $0.025. According to experts, the token’s market value can jump by 100x in 2023. After the completion of the presale round, TCRV tokens will be listed on Uniswap.
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
