The cryptocurrency sector has been known for its turbulence, which has been heavily impacted by the price movements connected to Bitcoin, the largest cryptocurrency in market capitalization.
As Bitcoin reaches new heights in 2023, many altcoins have begun to follow its momentum. Today, we will uncover its future value momentum and will look at Tradecurve and Stacks, which have showcased solid performance in the past week.
The Bitcoin cryptocurrency made waves during the previous week when it surged above the $30K price barrier and is now sitting comfortably at the top. As of June 26, 2023, Bitcoin trades at $30,441.30. During the past week, its low point was at $26,436.94, while its high point occurred at $31,185.22.
Overall, in the past week, Bitcoin went up in value by 15.2%. The overall 1-year growth behind Bitcoin has been 42.1%, indicating that it is bullish and in the green zone. However, analysts are predicting even more growth for the cryptocurrency. Based on educated estimates, Bitcoin has the potential to reach $35,000 by the end of the year, bringing even more attention from investors and increasing trust in the blockchain space.
Stacks also showcased a significant level of growth, where in the past week alone, it grew in value by 30.9%, and in the past two weeks, its overall climb has been by 40%.
As of June 26, 2023, Stacks trades at $0.7485. in terms of its 7-day performance, its low point was at $0.57551, while its high point was at $0.869514. Moreover, in the last year, Stacks saw a total increase of 69.5%, indicating that it has headed in a bullish direction and can likely maintain this momentum. If it does, Stacks can reach $1.5 by the end of the year.
However, Bitcoin and Stacks were not the only cryptocurrencies to showcase a bullish momentum, as TCRV, the utility token behind the upcoming hybrid exchange, Tradecurve, has also spiked in value. During the past week, TCRV surged by 20%, and since the beginning of its presale, it’s been up by a total of 80%.
During Stage 4, 1 TCRV token is being sold at a value of $0.018. As of June 26, 2023, the presale is 37% complete, and once Stage 5 begins, it will climb in value by $0.025 or about 40%. The team has raised $2.8 million so far, and estimates that they will raise $20 million by the time the presale ends.
Tradecurve has gained this high level of attention by valuing user privacy as it offers a no sign-up KYC (Know Your Customer) feature, allowing traders to maintain their anonymity while still enjoying a secure trading environment. This will be accomplished through the implementation of a 2FA security option and the implementation of a Proof of Reserves (PoR) system, which significantly increases the transparency and trust among traders and the platform.
However, Tradecurve’s offering does not end there, as there is a wide range of features that help it stand out, ranging from its high leverage starting at 500:1, the negative balance protection, level-up bonuses, and the VIP account system.
Newcomers will also get access to a dedicated Trading Academy that will teach them everything they need to know, while experts can subscribe to AI-driven trading bots to enable automation in their strategy and create a well-optimized portfolio. Based on all of these aspects, Tradecurve is predicted to climb in value by 100x at launch and reach a one-year high of $1.8, according to analysts.
Discover more surrounding Tradecurve at the links here:
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