The crypto market has seen much development in recent weeks. But the greatest number of headlines have been dominated by Bitcoin and Tradecurve. While Bitcoin is the largest, and most-established cryptocurrency in the market, Tradecurve is a new project that has strongly challenged the supremacy of BTC.
The presale of TCRV has registered a historical market demand and, according to experts, it can reach the market standing of Bitcoin soon. Meanwhile, both projects are infusing bullish sentiments in the market.
Bitcoin’s (BTC) BRC-20 Tokens Trigger Mixed Response
Bitcoin (BTC) has been in the news since the beginning of 2023 for mixed reasons. While it recorded some ups in the first quarter of the year, Q2 has not been favorable for BTC. Bitcoin (BTC) has struggled to cross the price resistance of $28,000 in the past few weeks, despite roaring to $31,050 in April. Its market value has plunged by over 10% on the monthly price chart, and BTC is currently changing hands at $10.38.
While the overall bearish market conditions, and prevailing uncertain regulations are major reasons behind Bitcoin’s sluggishness, the recent fall of BTC can be attributed to the launch of BRC-20 tokens.
Recently, Bitcoin (BTC) introduced the Ordinals protocol, which made it possible for users to create BRC-20 tokens, modeled after ERC-20. Although there are many differences between BRC-20 and ERC-20 tokens, the former has been able to generate massive hype in the market. Due to the hype of BRC-20 tokens, Bitcoin (BTC) suffered massive congestion on its network after the tokens’ launch.
However, the launch of BRC-20 tokens and Ordinals have also caused uneasiness in the Bitcoin (BTC) community, with many criticizing the network for deviating from Satoshi’s original mission. Some have stated that the launch of BRC-20 tokens and Ordinals will “pollute” the Bitcoin blockchain with data that is not related to the project’s original objective, i.e. a peer-to-peer system of money transfer.
Tradecurve (TCRV) Is Taking Big Leaps During The Presale
A report by Boston Consulting Group (BCG), a global management consulting firm, has revealed that the number of crypto users will reach one billion by 2030. The report suggested that both retail and institutional investors will increase their participation in crypto trading in the coming years. Hence, there is a growing demand for a revolutionary trading platform like Tradecurve.
Aimed at becoming one of the top 3 exchanges in the world, the Web3 exchange has merged traditional derivatives and cryptocurrencies on the same platform. It enables users to trade a variety of assets, like Options, cryptocurrencies, commodities, stocks, Forex, ETFs, and more, with a single account. Thus, users are not required to create several accounts or go through the KYC verification process, which makes it privacy-focused as opposed to competitors like OKB, Binance, and Robin Hood App.
The traders will enjoy full control of their own assets, and hold their private keys. The platform will employ proof-of-reserves (PoR), and offer low latency. Tradecurve’s ongoing presale phase has completed stage 1, and stage 2 is selling out fast. The purchase price of a TCRV token has increased from $0.01 to $0.012. According to experts, early investors will be able to register 5000% profit during the presale phase, and 100x gain after listing.
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