The Sandbox And Fantom Struggle For Survival, Tradecurve Price Surges 150%

The post The Sandbox And Fantom Struggle For Survival, Tradecurve Price Surges 150% appeared first on Coinpedia Fintech News

Amid the bearish market conditions, investors seek projects with promising growth prospects. If you are also looking for such a project, don’t miss out on Tradecurve (TCRV). Experts have put Tradecurve ahead of The Sandbox (SAND) and Fantom (FTM) in growth prospects and profitability.

The Sandbox (SAND) Fails To Attract New Users

The Sandbox (SAND) has increased its efforts to expand its metaverse amid the prevailing bearish sentiments. In recent weeks, The Sandbox has partnered with a French media house, a Korean TV network Channel A, and BBC, to provide its users with new experiences. 

However, The Sandbox is facing a critical threat in terms of user acquisition, as its daily traction is continuously declining. As per the data from Santiment, barring one day (June 5), The Sandbox’s daily active users count has been below 1,000 for the last two months. According to analysts, The Sandbox’s value relies on the number of daily active users. 

Hence, such a prolonged decline in the metric has hurt The Sandbox’s price movement. The current trading price of The Sandbox has come down to $0.51, after suffering a fall of 7% in the last week.

Fantom (FTM) Feels Ripples of Multichain Fiasco

Since the Multichain network fiasco surfaced, the market standing of Fantom has worsened. Recently, some reports suggest that the founding team of Multichain, which is an official cross-chain bridge of Fantom, has been arrested. Soon after the reports came out, FUD against Fantom soared, and investors started to pull out of the network. 

According to experts, Fantom is well-exposed to Multichain, and if the latter goes flat, the former will bear the brunt too. Therefore, the Fantom community is concerned about this development. The trading price of Fantom has also nosedived by a sharp 27% in the past month. As a result, Fantom is currently changing hands at $0.30.

Tradecurve Moves Quickly Toward $20 Million Presale Raise

According to the latest market report, the growth rate of decentralized exchanges is more than that of centralized exchanges like Binance and Coinbase. It states that decentralized exchanges have risen by 33.4% in Q1 2023, while centralized ones have grown by only 16.9%.

The report cited regulatory crackdowns and declining users’ trust as the main reasons behind the fall of the decentralized exchanges. Consequently, the demand for a new decentralized exchange Tradecurve has skyrocketed. It is an all-inclusive trading exchange that supports the trading of all derivatives on the same platform. 

Its users do not need to follow any KYC procedure, making this platform safer and more privacy-focused than other exchanges like KuCoin and OKB.

Here, users just need to connect their wallets, use any cryptocurrency as a deposit, and start trading instantly. TCRV tokens have been recognized as 100% secure by Cyber Scope, which has audited their smart contract. 

The platform’s ecosystem comprises Automated Trading and AI, Social Trading, and Metaverse Trading Academy. It will also organize trading contests, where participants will win cash prizes.

>>Register For The Tradecurve Presale<<

The platform’s presale is in the third stage, with a price tag of $0.025. Experts are confident its value will surge by at least 80x during the presale. If users partake in this project early, they can get a 100x profit by the year’s end.

For more information about the Tradecurve (TCRV) presale:

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