The cryptocurrency market is always moving, with prices rising and falling in response to various factors. Today, we delve into three distinct cryptocurrencies that have made the crypto news recently: Polkadot (DOT), Terra Classic (LUNC), and Tradecurve (TCRV).
While Polkadot bears exert pressure on its value, charts predict a potential price drop for Terra Classic and the rookie out-of-the-bunch Tradecurve, now in its presale run, appears poised for a substantial increase. Let’s find out why.
- Polkadot (DOT) bears are in control
- Terra Classic (LUNC) shows bleeding charts
- Tradecurve (TCRV) possesses long-term growth potential
Polkadot (DOT), a renowned blockchain platform that aims to connect multiple blockchains in a seamless and interoperable network, is facing downward pressure from bearish investors. The current market sentiment surrounding Polkadot has caused its price to dip, with some analysts predicting a target price as low as $5.15.
The Polkadot downturn, which started at the beginning of the week, has persisted as the bears have maintained dominance. Polkadot (DOT) is trading at $5.23 with a market cap of $6.2B, which is a fall of 0.51% in the last 24 hours. Moreover, Polkadot’s trading volume decreased by 15.28% in that same period and now sits at $94,845,835.
With all moving averages for Polkadot also showing strong sell signals, a $5.15 valuation for the crypto could come very soon.
Regarding the future price trajectory of Terra Classic (LUNC), a cryptocurrency created on the Terra blockchain network, chart projections sound some alarms. Analysis suggests that Terra Classic may decline significantly; some forecasts even predict a drop below $0.00007.
At the moment, Terra Classic has a value of $0.00008582 with a market cap of $503M, a rise of 1.52% in the last day alone. However, the trading volume of Terra Classic paints a bearish picture as it plummeted by 29.43% overnight, sinking to $20,292,874.
This drop could trigger an increase in selling pressure, possibly pushing the Terra Classic value down soon. For this reason, many Terra Classic holders are looking elsewhere for long-term profits.
Amidst the market fluctuations and uncertainties, Tradecurve , an upcoming one-of-a-kind hybrid trading platform, appears to offer a contrasting narrative. The project’s underlying vision and unique features have garnered significant attention, leading some analysts to predict an impressive increase in its value. Experts suggest that Tradecurve may potentially witness a substantial growth of 50x its current value as this presale which is now in Stage 3, continues to advance.
Tradecurve aims to disrupt the growing online trading industry by introducing the first-ever Ethereum-based trading platform where users may trade all derivatives completely privately. It will separate Tradecurve from its peers because it will not require any sign-up KYC checks ensuring traders remain anonymous, and it will be one of the few platforms to allow using cryptocurrency as collateral and payments.
Currently, the presale for the utility token of this platform, TCRV, is live, and one token costs only $0.015. However, if we compare this ICO to one of its rivals, KuCoin Token (KCS) ICO, which started for $0.250 but had an ATH of $28.80, Tradecurve’s ICO may achieve the same or greater level of success as it provides a technologically superior platform.
Due to all these factors, analysts are bullish about TCRV as they predict a 100x increase when the token launches and gets listed on Uniswap or another significant CEX. If you wish to obtain this potential chart-topping crypto, follow the links below.
For more information about the Tradecurve presale:
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