The Algorand (ALGO) and Theta Network (THETA) cryptocurrencies are bleeding on the charts. Analysts are now trying to figure out if a reverse is coming and if they can again grow in value. In the meantime, the hybrid exchange known as Tradecurve (TCRV) has gained a lot of traction among whales.
- The Algorand crypto and Theta Network crypto are bleeding on the weekly charts
- Tradecurve is up 150% and grabbing whale attention
- Analysts are bullish on TCRV and expect a 100x spike
Algorand (ALGO) Bleeding on Weekly Chart
Algorand (ALGO) has dipped into a bearish direction and is bleeding based on the on-chart data. Trading at just $0.106816, the Algorand price took a massive hit throughout the week. Its low point was at $0.106128, while its high point was at a value of $0.112368.
Moreover, the total price decrease in the last 30 days for the Algorand crypto was by 14.9%. With a market cap of $833,759,538 and a trading volume of $31,458,326, there might still be hope for ALGO investors.
Subsequently, with a circulating supply of 7,806,964,849 ALGO, there are a lot of traders and investors who are moving the crypto around. In addition, according to an Algorand price prediction, it can reach a maximum point of value of $0.14 by the end of the year.
Theta Network (THETA) Faces Downward Trend
When we look at the Theta Network (THETA) cryptocurrency, however, it also tells a similar story with its on-chart performance. Specifically, as of August 3, it was valued at $0.765856.
During the past week, it saw its low point at $0.750105, with its high point at $0.819191. During the past seven days, the cryptocurrency decreased by 5.6%. The cryptocurrency has a market cap of $765,745,763 and a 24-hour trading volume of $14,510,949.
Consequently, according to a Theta Network price prediction made by analysts, the cryptocurrency has the potential to surge to $0.99 by the end of the year.
Tradecurve (TCRV) Gets Traction Among Investors
The Tradecurve (TCRV) token has showcased a massive level of momentum with its presale, where it has sold millions of tokens in a short time frame. The appeal of the project is its combination of CEX and DEX elements.
On it, anyone can trade forex, indices, commodities, options, ETFs, bonds, and US and European equity CFDs alongside cryptocurrencies. Users can deposit crypto and use it as collateral, eliminating any KYC requirements.
Why Algorand and Theta Network Whales Accumulate TCRV
While Algorand and Theta Network have been down in value, TCRV has spiked by 150% since its start. At an initial price of $0.010, it grabbed a lot of attention, and now at Stage 5, the token trades at $0.025.
In addition, this stage of the presale is already 27% complete, and upon reaching 100%, it will climb again to $0.029. Whales looking for high-growth altcoins have also turned to Tradecurve due to its unique feature set, as it offers high leverage at 500:1 and algorithmic trading with AI.
Dive into a world of diversified assets – from US & European equity CFDs, Forex, Indices, Commodities, to Options, ETFs, Bonds, and of course, Cryptocurrencies.🪙
— Tradecurve (@Tradecurveapp) August 2, 2023
Future of the Tradecurve Hybrid Exchange
According to the official Tradecurve roadmap, the team will list the token on CoinMarketCap, CoinGecko, Tier-1 exchanges, and the Uniswap DEX. In addition, they will begin beta development on a Trading Application for iOS and Android and will implement Proof of Reserves (PoR) to bolster transparency. Moreover, analysts expect the altcoin to spike by 100x at launch.
For more information about the Tradecurve (TCRV) presale:
Buy presale: https://app.tradecurve.io/sign-up
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