Analysts are currently monitoring the price movement of cryptocurrencies in the crypto space. Interestingly, they have picked three cryptocurrencies that could show bullish momentum in 2024. The cryptocurrencies are Cosmos, Axie Infinity, and Tradecurve Markets. Let’s look at their price predictions.
Cosmos (ATOM) is a decentralized network that allows interoperability between different blockchains. Meanwhile, Osmosis, the largest decentralized exchange (DEX) on Cosmos, wants to bring Bitcoin to the Cosmos network. The announcement came on October 3rd during the Cosmoverse 2023 Conference.
“According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin to the Cosmos network via the Nomic bridge supported on Osmosis for 1.5% of the transaction value. Users then receive Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, on a one-to-one basis. The nBTC can be bought, sold, and used to provide liquidity on Osmosis.”
However, the Cosmos coin is under bearish pressure, dropping to $6.91 on October 6th. The ATOM price has been falling since June after it crossed $10. Nevertheless, analysts see the price of Cosmos crypto trading between $8.30 and $15.06 in 2024.
The Axie Infinity game has been having trouble attracting more users to its platform despite its position in the gaming space. According to data from Santiment, the number of gamers has dropped in the past months.
In addition, the platform’s native token, AXS, has lost all its price gains from 2021. Currently, the price of Axie Infinity is $4.31, 97.4% away from its all-time high of $165.37. Meanwhile, Axie Infinity just announced the launch of Origins Season 6, an event that will end on November 11, 2023.
Axie Infinity made some updates to the platform and increased the reward to 112,000 AXS (about $500,000). The P2E platform made the registration process easier to attract more gamers. Notably, analysts have forecasted the Axie Infinity price could soar to $5.7 in 2023 and $6.4 in 2024.
>>Register For The Tradecurve Markets Presale<<
Just like Cosmos and Axie Infinity, Tradecurve Markets (TCRV) has also taken steps to make its mark in the crypto sector. Tradecurve Markets aims to transform the trading industry and address the shortcomings in cryptocurrency trading.
The project is developing a hybrid exchange that will offer the benefits of CEXs and DEXs. Consequently, traders will enjoy privacy, no strict KYC forms, lower trading costs, and fast trades. In addition, Tradecurve Markets will provide different assets and derivatives for users to trade.
These derivatives include traditional assets like bonds, stocks, indices, ETFs, forex, commodities, and cryptocurrencies. Tradecurve Markets has unveiled a demo version of its trading platform. Traders and investors can try it to get a glimpse of what trading on Tradecurve Markets.
Currently, the price of the TCRV token has surged to $0.03 each. Experts are predicting a 4,000% increase in the value of TCRV tokens in 2024. Unlike other tokens, TCRV tokens offer several benefits to buyers. They include governance rights, discounts on AI subscriptions, trading fees, and staking rewards.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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