While the crypto market waits for a bull market, there have been noteworthy developments from projects. In recent news, Binance Coin (BNB) has seen an uptick in activity while Shiba Inu (SHIB) grapples with a key resistance. Meanwhile, Tradecurve Markets (TCRV) has emerged as a prominent blue-chip project in the crypto space.
Since opBNB launched in August, there has been a significant increase in on-chain activity. Already, opBNB has processed over 35 million on-chain transactions and connected almost 500,000 unique wallet addresses.
Recently, BNB announced that almost 150+ dApps have been launched on the layer 2 network. In addition, the BNB coin has been experiencing an uptick in trading volume. The trading volume of Binance Coin has increased by almost 80%.
However, the price of BNB has failed to break above the $200 – $220 trading range. Still locked in this range, crypto experts have predicted that a change of trend in the market will benefit the altcoin. A break above $220 will see the BNB price increase as high as $250.
Like BNB, the price of Shiba Inu has been trading in a range since the start of September. SHIB has been locked in the $0.000007000 and $0.00000800 range. The $0.00000800 range has proven to be a major resistance for SHIB.
However, with the upcoming launch of TREAT, Shiba Inu could look to break above this resistance. Kaal Dhairya, a popular developer within the Shiba Inu has announced that the minting of BONE will soon be completed. After the minting is completed, the team will prepare to launch the TREAT token.
TREAT will be a big addition to the Shiba Inu ecosystem as it will serve multiple purposes. One of the most anticipated is the provision of liquidity to the SHI Stablecoin. When this stablecoin is launched, the Shiba Inu ecosystem will see more development and potential adoption.
Crypto experts have identified Tradecurve Markets as a potential blue-chip crypto project because of its unique trading platform. This innovative trading platform aims to address various issues that have plagued exchanges like Binance.
For example, traders using Tradecurve Markets have full control of their private keys. This is not the same as CEXs, where they have control of users' funds and can take them at any time. In addition, Tradecurve Market offers some of the cheapest fees across the crypto exchange space.
The platform also offers more tradable assets than competing exchanges. On Tradecurve Markets, users can trade stocks, forex, options, and crypto CFDs. As a result, the platform will be bringing the over-the-counter derivatives market to the crypto space. This link to the $632 trillion market is why many crypto experts predict that Tradecurve will become a blue-chip crypto project.
Currently, TCRV is in Stage 5 of its presale, and Stage 6 is fast approaching. Crypto experts have forecasted that the price of TCRV will increase by 20% in the coming days. This increase will take the token's price from $0.025 to $0.03.
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.