With Litecoin next halving coming in closer than ever before, analysts are speculating an increase of 490% which is very bullish. However, another unique trading platform is taking the web3 space by storm Tradecurve, analysts are predicting an 100x increase in value, today we will go over why this is the case.
- Litecoin reached a new all-time high in transactions and is expected to skyrocket by 490%.
- The total number of transactions processed on the Litecoin network is now at 160 million.
- Tradecurve can change the DeFi space and offer a borderless and anonymous trading experience.
Litecoin and Why It Might Spike By 490%
According to data from Rubic, the cross-chain tech aggregator, transactions that use Litecoin reached a record high as the fees for Bitcoin surged. Litecoin was designed to be a lighter and quicker alternative to Bitcoin, with a transaction confirmation of 2.5 minutes.
The official Litecoin Twitter page also announced that the network processed its 160 millionth transaction, which is an increase of over 10 million transactions within the last six weeks.
Moreover, the team also announced on May 24, 2023, that there are only 70 days left for the next Litecoin halving, which will make the mining process of the LTC cryptocurrency twice as hard, as the reward will be cut in half.
On May 25, 2023, LTC traded at $84.71. In the last two weeks, its value has already seen an increase of 4.1%. Based on all of these aspects, analysts predict that Litecoin can jump in value by 490% in the upcoming year.
Tradecurve and Its 100x Growth Potential
Tradecuve can explode in value by 100x due to its unique value proposition, as it is completely unique from most CEXs like KuCoin, OKX Bitstamp, and Bybit.
While these exchanges require KYC and only work with cryptocurrencies, Tradecurve takes a different approach, users will be able to work with cryptocurrencies as well as forex, CFDs, EFTs, options, and a lot more.
The platform will not have a mandatory KYC requirement and will have the lowest fees in the industry. It’s a hybrid exchange that takes the best elements of CEXs and DEXs and is completely borderless while also offering a high level of privacy.
Users will be able to just make a deposit in a cryptocurrency of their choosing and use that cryptocurrency as collateral when making trades. There are also advanced features, like algorithmic trading using AI, high collateral at 500:1, and negative balance protection. Newbies are not left out, as there is also a trading academy that will teach them everything they need to know.
Tradecurve is currently at Stage 2 of its presale, where it is offered at $0.012. At the next stage, it will increase by 25% to $0.015. Analysts predict that its overall jump in value at launch will be by 100x. The team aims to generate $20 million during the presale and onboard 100,000 users at launch, making Tradecurve a powerful contender in the DeFi space.
Learn more about Tradecurve and its utility token at the links below:
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