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The upward momentum on Friday takes Shiba Inu (SHIB) up by around 6%, and the community is awaiting the Shibarium launch coming soon in August. Tradecurve (TCRV) is up 150% in presale stage 5. The rising trading activity in the market provides good incentives for both, but will one of them hit $1 in 2023? Let’s find out.
>>Register For The Tradecurve Presale<<
Can Shiba Inu Reach $1?
Shiba Inu is the title sponsor of the Blockchain Futurist Conference, where Shibarium and the ecosystem’s “Worldpaper” will be released. But will Shibarium be enough for Shiba Inu (SHIB) to reach $1? The short answer? – no.
For Shiba Inu to reach the $1 price level, it has to address a key issue: the total circulating coin supply, which currently stands at nearly 590 trillion coins, must be significantly reduced, meaning by a 10,000x or more.
Hopes for the new Shibarium project leading to a new wave of user and developer adoption are high. However, it won’t generate enough buying pressure to see a major shift in Shiba Inu’s price action.
Dedicated investors are still holding out hope that Shiba Inu will have at least one more explosive rally after Shibarium is released. The utility that Shibarium brings is designed to make Shiba Inu run faster and more efficiently by cutting down transaction fees.
The upcoming launch of Shibarium will be the biggest growth catalyst for Shiba Inu so far. Paired with the implemented burning mechanism, it will likely increase the demand for Shiba Inu. But it will not take it to $1, as the future of Shiba Inu will always be determined by its huge coin supply.
Tradecurve’s Presale Is Exceeding Expectations
Tradecurve (TCRV) raised over $2.8M in just a month. It gained traction as a hybrid exchange that offers traders enhanced security, deep liquidity, and user control. A key factor contributing to Tradecurve’s rapid expansion is fast user adoption. This is with over 13k signed-up users so far.
The unique features offered by Tradecurve, such as the ability to trade all derivatives on one account paired with privacy and no required KYC checks, are very attractive to novice and experienced traders. Tradecurve is built on the Ethereum blockchain, offering a seamless fusion of traditional markets and decentralized exchange features.
🚀 Incredible news! 🚀
The TradeCurve App presale just got even better!
Now, you can get a massive 30% Bonus on your $TCRV token purchase! 💰
💥 Act fast and take advantage of this amazing opportunity!
📍Join The Presale: https://t.co/uXZ4W6G6RE#presale https://t.co/x3E5eH5qGr pic.twitter.com/DB5Q7uj7Ud
— Tradecurve (@Tradecurveapp) July 22, 2023
Another key feature of Tradecurve is simplicity. Traders can register with just an email address, connect their crypto wallets, and immediately have access to thousands of different assets. Tradecurve’s platform is full of advanced trading tools and educational resources, including algorithmic trading systems integrating AI and copy trading.
Tradecurve’s roadmap includes platform developments and listings on CoinMarketCap and CoinGecko. That’s with a strong emphasis on transparency to ensure fair pricing and asset security.
TCRV, the native token, has seen an outstanding presale performance. Now in Stage 5, it has already surged up by 150% from its starting price of $0.01. A price increase is coming soon when stage 5 begins. However, to reach $1, TCRV also has to come a long way. That said, crypto analysts are predicting a 100x from the listing price. If, correct will see TCRV shoot way past $1 to over $8.
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
