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The cryptocurrency sector continues to witness dynamic shifts and noteworthy developments. Recently, two prominent cryptocurrencies, Shiba Inu and Tradecurve, have garnered attention for their impressive performance.
In this article, we will review Shiba Inu's burn rate and Tradecurve's substantial growth on the monthly chart.
Shiba Inu, a meme-based cryptocurrency inspired by the popular Dogecoin, has been making waves in the crypto community. One key aspect of Shiba Inu's ecosystem is its burn mechanism, where a portion of the token supply is permanently removed from circulation. This burn mechanism aims to create scarcity and potentially increase the value of the remaining tokens.
Recent reports indicate that Shiba Inu's burn rate has dropped by a staggering 87%. In the last seven days, just 38,673,239 Shiba Inu tokens were moved to a dead wallet, according to information from the Shibburn wallet tracker on Twitter.
This development helped push the Shiba Inu value up by 8% in the last week alone. However, at the moment, Shiba Inu trades at $0.00000718 with a market cap of $4.2B, a fall of 0.51% in the past 24 hours.
Tradecurve, the rising presale star in Stage 4, has been capturing attention with its remarkable growth. On the monthly chart, Tradecurve's native token, TCRV, has experienced an 80% surge in value, signaling positive market sentiment and investor confidence.
This surge can be attributed to various factors, including the platform's unique features, robust security measures, and commitment to user privacy. As Tradecurve continues to expand its user base and enhance its offerings, TCRV's positive performance on the monthly chart indicates a promising trajectory.
Some online trading platforms impose high fees and hidden costs, which can affect investors' profits. Tradecurve aims for transparent fee structures to alleviate this issue and offers dramatically lower trading fees.
This is possible thanks to the decentralized nature of Tradecurve, as it will eliminate all third-party intermediaries – accommodating the needs of different types of traders, from beginners to professional investors. Not only that, all users will be given control of their assets and keys, which is something that centralized exchanges cannot offer.
Additionally, many potential investors face barriers to entry due to limited accessibility to high-leveraged products, advanced trading tools, and a lack of comprehensive education. To address this, Tradecurve will provide access to high leverage starting at 500:1, the ability to subscribe to AI-driven & automated trading bots, and introduce a metaverse trading academy.
Users will need a working email to create an account and connect a crypto wallet to it to start trading on this platform. By utilizing their cryptocurrency as collateral, traders will not need to complete any sign-up KYC checks, which are very intrusive and time-consuming.
And given that all derivatives will be available on one account, they will no longer need to create multiple accounts or have to switch platforms as Tradecurve offers stocks, forex, options, ETFs, bonds, commodities, cryptocurrencies, and more.
The native token, TCRV, is currently available for purchase for $0.018, and Tradecurve has introduced a number of incentives for holders to encourage purchases. Governance voting rights, passive income through staking, access to exclusive trading account rewards, subscription fee discounts, and more can only be obtained by purchasing and holding the TCRV token.
Given its constant upward trajectory, as the token has jumped by 20% in the last seven days – experts are bullish about its long-term growth potential as they predict a 50x jump during its presale.
Considering this rise, a 100x rise is not out of the question as TCRV looks to get listed on Uniswap or a major CEX following its launch. With its upside potential, solid fundamentals, and a strong foundation, Tradecurve may dominate the online trading market for years to come, so sign up for its presale below and gain a 25% deposit bonus.
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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.
