Optimism Holders Look At Tradecurve (TCRV) Presale For Profits After 80% Surge

The post Optimism Holders Look At Tradecurve (TCRV) Presale For Profits After 80% Surge appeared first on Coinpedia Fintech News

The cryptocurrency space is a dynamic and constantly evolving landscape, where changes in market dynamics frequently influence the value of different digital assets. Due to Optimism’s ongoing price dump, investors are currently moving to more promising projects like Tradecurve as they look to recover their losses.

Optimism (OP) Lose Steam After DeFi Hack

Optimism, a layer-two solution built on the Ethereum network, aimed at improving scalability and reducing transaction fees, has experienced a significant decrease in both its price and market capitalization. The primary cause of this setback was a recent DeFi hack in April, which triggered a sell-off among investors.

Following the hack, the token’s price experienced a sharp decline, dropping to $2.10 in May and further decreasing to $1.65. However, recent data from IntoTheBlock indicates a rebound in daily volumes, which have risen from a low of approximately 10,700 and are currently fluctuating around the 40,000 mark. Despite this, the token continues to trade in the red region, indicating high selling pressure. As of press time, the price of Optimism (OP) stands at $1.22, a decrease of 2.80% in price over the past 24 hours and 15.10% over the past 7 days. 

Optimism (OP) is currently trading at 73.29% below its all-time high of $4.5692, causing traders to suffer huge losses on their investments. Notably, institutional investors who held a considerable amount of OP coins have become increasingly pessimistic and have started exiting their bullish positions, shifting their focus towards newer projects like Tradecurve, which have witnessed an 80% price jump.

Investors Turn to Tradecurve (TCRV) After 80% Surge

Tradecurve has experienced a significant influx of investors from Optimism holders, who have accumulated millions of TCRV tokens. The rush comes after the 80% price surge of TCRV over the last month, as the price of the token spiked from $0.01 to $0.018. 

Tradecurve has been bullish because its platform aims to address several challenges currently faced by traders on centralized exchanges (CEXs) such as Binance and Huobi. These challenges include inadequate security and anonymity, high fees, and limited access to other markets apart from cryptocurrencies.

Users can effortlessly trade cryptocurrencies, indices, stocks, ETFs, commodities, and forex through a unified interface, consolidating multiple markets into one platform and one account. Tradecurve adopts a unique approach to crypto-to-derivatives pairings, unlike conventional crypto-to-crypto and fiat-to-crypto pairings. This approach enables users to collateralize their cryptocurrencies and engage in trading activities involving indices or other desired asset classes.

At present, Tradecurve’s TCRV presale is in stage 4, offering TCRV tokens at a price of only $0.018, representing an 80% increase from the initial price of $0.010. Interestingly, analysts have made predictions of a 50x to 100x price increase in the upcoming months, as they believe Tradecurve has the potential to become a top 100 crypto.

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